Collagen Market By Source (Bovine, Porcine, Poultry and Marine), Product (Gelatin, Native Collagen, and Hydrolysed Collagen) Application (Food & Beverages, Healthcare, Cosmetics, and Others), and Region - Market Perspective, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecast for 2023-2032

Market Perspective

The global Collagen Market generated a revenue of USD 6.5 billion in 2022 and is estimated to reach a valuation of USD 12.91 billion by 2032 at a CAGR of 7.1% between 2023 and 2032 driven by the increasing consumer focus on health and wellness, coupled with the heightened importance of boosting immunity amid the pandemic.

The market is seeing robust demand from a diverse range of industries, including food and beverage, biomedical materials and devices, cosmetics and wellness, and pharmaceuticals. The Asia Pacific, North America, and Europe are driving further market expansion with rising populations and heightened consumer awareness of healthy diets and healthcare practices.

Europe has emerged as the dominant consumer due to the widespread use of Gelatin, however, there is a moderate demand for native collagen due to its rejuvenating properties, which limits its use in the cosmetic market. Consumers are becoming more health-conscious and adopting healthier lifestyles, which has led to a surge in demand for dietary nutraceuticals. As awareness about health and wellness continues to rise, it is expected that the demand for collagen will only continue to grow.

Key Insights

• Based on the source, the bovine segment held the largest market share
• Based on application, the food & beverages segment generated the highest revenue
• On the basis of region, North America accounted for the largest market share

Diverse Applications of Collagen Fueling the Growth of the Collagen Market

Collagen is a versatile product that has multiple applications in various industries such as food and beverages, healthcare, biomedical, and cosmetics. It serves as a crucial ingredient in the confectionery industry, providing texture, foam stability, and chewiness to various food items. In dairy products, collagen acts as a stabilizing and texturizing agent, while in nutritious bars, it increases elasticity and flexibility while serving as a binding agent. Moreover, collagen is also used to treat malnutrition and digestive and absorption issues.

These diverse applications across leading industries are driving the growth of the collagen market, making it a sought-after ingredient for various industries. Its versatility and versatility make it a vital component for many products, contributing to its increasing demand and market expansion.

Challenges in the Extraction and Processing of Collagen: Impediments to the Growth of the Market

The extraction of collagen from its sources is a complex process that requires advanced and appropriate mechanisms. The extraction process involves several steps, including microfiltration, heat sterilization, and spray dying. The complexity of the procedure calls for specialized equipment, which is not widely available globally, especially in developing economies. The imbalance in the availability of technology and equipment is one of the biggest challenges faced by the collagen market.

Investors and advanced technology are not easily accessible in developing economies, which exacerbates the challenge of acquiring the necessary equipment for collagen extraction and processing. This obstacle to the growth of the collagen market is expected to persist through the forecast period and may limit the market's expansion in certain regions. Despite the challenges, the growing demand for collagen and its diverse applications in various industries is expected to drive the market's growth in the long run. 

Recent Developments

In October 2022: Gelnex, a producer of collagen, was acquired by Darling Ingredients at a value of USD 1.2 billion in cash. The acquisition was for 100% of the shares of Gelnex.

In June 2022: The launch of a new product, Lemon Collagen Peptides was announced by Vital Proteins. The product was launched for the upcoming summers in the U.S. The product comes with 20 grams of collagen peptides and no added sugar.

Segmentation Analysis

The collagen market report is categorized into four sources: Bovine, Porcine, Poultry, and Marine. Bovine source dominates the market, accounting for over 38% of the total segmental revenues. This dominance is attributed to the high availability of cattle stock, the presence of high levels of collagen, and comparatively low prices compared to other sources. The increasing demand from the biomedical market for the use of bovine collagen in medicinal applications to treat various medical conditions is expected to majorly support the market through the forecast period.

Porcine collagen is used for engineering skin tissue as it is similar to human collagen. Its use is commonly observed in cosmetics. Poultry collagen is mainly used for boosting bone and joint health. Marine collagen is widely used in health supplements and nutraceuticals as an immunity booster. Marine life provides the richest source of collagen, but its availability is limited and expensive. The marine segment is expected to be the fastest-growing segment through the forecast period due to developments in collagen derived from marine life and its increasing use in skin care products.

By application, the collagen market is segmented into four key applications: food & beverages, healthcare, cosmetics, and others. The food & beverages segment holds the largest share, accounting for more than 55% of the total revenue. The growing demand for dietary supplements and nutritionally rich food and beverages in prominent countries is driving the growth of this segment. Collagen is used as an additive to improve the consistency, stability, and elasticity of food and beverage products. The increasing awareness of consumers regarding the importance of healthy dietary habits has also contributed to the segment's growth.

On the other hand, the healthcare segment is expected to be the fastest-growing segment through the forecast period. This growth is driven by the increasing demand for high-quality products for surgical operations, wound dressing, and drug delivery channels. The addition of collagen in dressing materials helps promote faster wound healing as the tissue secretion is absorbed by the dressing material. Collagen supplements also help improve skin texture by enhancing skin elasticity and connective tissue strength. They provide essential nutrients that support healthy, youthful-looking skin and minimize the appearance of wrinkles and fine lines.

North America Emerges as the Dominant Player in the Collagen Market

In 2022, North America dominated the global collagen market share due to surging demand for daily supplements and nutraceuticals, well-established food processing industries, and growing utilization in surgical applications. The United States emerged as the leading player in the region, while Canada witnessed significant growth driven by the expanding food industry. With its numerous benefits for the human body, collagen products have been widely adopted across various industries in North America, resulting in a market size estimated at USD 800 million. The North American collagen market is expected to experience a steady growth rate of 6.4% through the forecast period.  

Asia Pacific to observe rapid growth owing to an increase in awareness of healthcare

Asia Pacific is poised for robust growth in the collagen market, with an estimated CAGR of 9% in the forecast period. Japan leads the market in the region, followed by China and India. The growth of the market is driven by the increasing demand for collagen-based tapes and compositions in surgical applications. The growing population and heightened consumer awareness regarding health and wellness are also key factors contributing to the market's expansion in the region.

Europe's Growing Adoption of Collagen in Cosmetics, Healthcare, and Nutritional Products Driving Market Growth

The European collagen market is valued at USD 785 million and continues to see a rise in the usage of collagen in various cosmetics, healthcare, and nutritional products. Despite growing at a slightly slower pace, with a projected CAGR of 5.7%, Europe is witnessing a surge in demand for collagen-infused beverages. The growing popularity of these products, coupled with advancements in the biomedical market, is driving the overall demand for collagen in Europe. Key countries driving growth in the region include Germany, France, the United Kingdom, and the Netherlands.

Competitive Landscape

• Collagen Solutions (US) LLC
• Holista Colltech.
• Junca Gelatines
• Rousselot
• Sterling Gelatin
• Vinh Hoan Corporation
• Vital Proteins LLC
• ATHOS COLLAGEN PVT. LTD.
• DSM
• GELNEX
• GELITA AG

The global collagen market is segmented as follows:

By Source

• Bovine
• Porcine
• Poultry
• Marine

By Product

• Gelatin
• Native Collagen
• Hydrolyzed Collagen

By Application

• Food & Beverages
• Healthcare
• Cosmetics
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Reunion
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America