Home > Pressrelease > Collagen Hydrolysates Market size to exceed $1bn by 2026
Collagen Hydrolysates Market size to exceed $1bn by 2026
Published Date: February 3, 2020Collagen Hydrolysates Market size is set to surpass USD 1 billion by 2026, according to a new research report by Global Market Insights Inc.
Hydrolyzed collagen properties as a biomaterial has led to its demand among personal care and pharmaceutical applications. Increasing prevalence among cosmetic applications revitalizing and ‘renewing’ skin features will lead to overall market growth. Additionally, widening collagen demand among advanced medical applications including tissue regeneration, artificial 3D printable organs and bone restructure will spur the collagen hydrolysates industry growth.
Rapid technological advancements in the field of tissue regeneration, has encouraged scientists to develop 3D print stem cells from cellulose that develop into a material similar to human cartilage tissue. However, increasing research and development over biological compounds compatible with human body has opened lucrative opportunities for the product development.
Growth demand for marine collagen will foster overall collagen hydrolysates market demand
According to market insights reports, marine collagen has raised great interest owing to is application among food manufacturing. Waste from surimi products is often used as a primary raw material for collagen extraction from fish resources. Marine collagen has been poised to be highly nutritive with major protein content and therefore being widely used as food additive.
Muslim faith consumers are religiously barred to eat porcine-based products; however, cattle and fish are accepted after being halal slaughtered. Therefore, bovine and marine collagen enjoy a good opportunity to cater to these consumers by obtaining Halal/Kosher certification. Religious concerns pertaining to bovine and porcine-derived collagens have allowed drug manufacturers to have positive outlook towards marine animals as an alternative source of collagen.
“As per industry forecasts, nutraceuticals collagen hydrolysates market share is will rise over 34% at the end of 2026 owing to robust demand for nutritional products”.
Browse key industry insights spread across 200 pages with 289 market data tables and 25 figures & charts from the report, “Collagen Hydrolysates Market Outlook By Product (Bovine, Porcine, Marine), By Dosage Form (Powder, Liquid, Capsules), By Application (Pharmaceutical/Biomedical, Food and Beverage {Gummy and Jelly products, Sausages & Burger Casings}, Nutraceuticals, Cosmetics), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/collagen-hydrolysates-market
Increasing consumption of powdered form to spur global collagen hydrolysates market outlook
According to market analysis, powdered form is anticipated to witness significant gains over 8.0% by 2026. Powdered form of hydrolyzed collagen is widely preferred by consumers since it gets easily absorbed and digested in the body. These factors will have a positive impact on market growth.
“As per the analysis, collagen hydrolysates business from food and beverage application is forecasted to grow over 7% up to 2026 owing to its demand as ingredient in healthy foods development.”
Growing trend among consumers towards hydrolyzed collagen infused dietary drinks will foster product demand in Asia Pacific
As per regional market analysis, collagen-infused dietary drinks are an upcoming trend in Asian economies. For instance, In Malaysia, several organizations are carrying out R&D activities on collagen drinks since it stimulates the collagen formation in the body, which in turn will promote body tissues and lower skin issues including wrinkles and sagging. Therefore, Malaysia Dairy Industries have initiated to add collagen peptides in nutritional drinks which will synthesize collagen content and also promote gut bacteria.
Key market participants in collagen hydrolysates industry are Rousselot, Gelita AG, PB Gelatins GmbH, Nitta Gelatin, Inc. NeoCell Corporation, Amicogen, Inc. Connoils LLC, Antler Farms and Beijing Semnl Biotechnology Co, Ltd.
According to market trends, several market players are also involved in various strategies and initiatives including technological advancements, product launches, and mergers & acquisition in order to gain substantial market share.