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Collagen Market Size

Report ID: GMI206
Published Date: Mar 2023
Report Format: PDF

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Collagen Market Size

Collagen Market size exceeded USD 4 billion in 2022 and is anticipated to grow at 8% CAGR from 2023 to 2032, owing to the escalating output from the food processing sector.

Collagen, which is the most abundant protein in the human body and animals, is being widely adopted in gelatin production. Gelatin has been gaining acceptance across the food industry for use as a major ingredient in desserts, candies, and other processed products. To cater the growing demand for processed food, the demand for gelatin is rising for its application as a food additives.

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For example, the Indian MoFPI (Ministry of Food Processing Industries) implemented a Centrally Sponsored Scheme-PM Formalization of Micro Food Processing Enterprises from 2020-2021. This initiative was intended to provide technical, financial, and business support for the upgradation or setting up of 200,000 micro food processing enterprises. However, stringent regulations to limit animal abuse may limit gelatin adoption and consequently hinder the collagen market growth.

Collagen Market Report Attributes
Report Attribute	Details
Base Year:	2022
Collagen Market Size in 2022:	USD 4 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	8.4%
2032 Value Projection:	USD 10 Billion
Historical Data for:	2018 to 2022
No. of Pages:	270
Tables, Charts & Figures:	218
Segments covered:	Product, Source, Form, Application, and Region
Growth Drivers:	Rising healthcare sector Growing food and beverage demand Burgeoning personal care sector
Pitfalls & Challenges:	Stringent rules for animal abuse

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Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for collagen crossed USD 4 billion in 2022 and is projected to exhibit over 8% CAGR through 2023-2032, owing to the escalating output from the food processing sector.

Collagen industry share from the peptides product segment is poised to depict over 8.5% CAGR through 2023-2032, given their rising application scope in nutraceuticals, owing to antioxidant, skin permeation, and anti-aging attributes.

Asia Pacific market size for collagen will exhibit over 9.5% CAGR through 2023-2032, due to growing health awareness and the rise in processed food consumption.

Nutra Food Ingredients, Weishardt Holding SA, PB Leiner, Gelnex, Vital Proteins LLC, Nippi Inc, Gelita AG, Amicogen Inc, Titan Biotech Ltd, Rousselot, and Crescent Biotech are some of the key players functioning in the collagen industry.