Collagen Market Report: Size, Share and Outlook by 2031

In 2021, the collagen market was valued at approximately US$ 4,120.19 million and is anticipated to grow to around US$ 7,205.03 million by 2028, reflecting a compound annual growth rate (CAGR) of 8.3% during the period from 2021 to 2028.

Collagen is a crucial structural protein found in both humans and various animals, including bovine, porcine, poultry, and marine species. In the human body, collagen constitutes about 30% of total protein, providing essential support to bones and tissues. It is instrumental in skin healing, enhancing texture, fortifying hair, boosting bone mineral density (BMD), and alleviating joint discomfort. As people age, collagen production diminishes, leading to conditions such as brittle bones, wrinkles, thinning hair, and decreased skin elasticity. To counteract these effects, many individuals turn to collagen supplements or consume collagen-rich foods and beverages to elevate their collagen levels. Additionally, collagen supplements are utilized in the treatment of osteoporosis, a condition that predominantly affects individuals over 50, especially postmenopausal women, making bones more susceptible to fractures. By enhancing BMD, collagen supplements contribute to stronger bones. Furthermore, collagen is extensively used in the personal care sector, particularly in skincare products that offer anti-aging properties. With its diverse applications across food and beverage, pharmaceuticals, nutraceuticals, personal care, and other sectors, the demand for collagen is projected to increase significantly, propelling market expansion.

The collagen market is categorized by product type into gelatin, hydrolyzed collagen, and native collagen. In 2020, the gelatin segment held the largest market share. Gelatin is a denatured form of collagen derived from animal byproducts, including skin, bones, hides, tendons, and cartilage from cattle, pigs, or marine sources. It is available in both powder form and as sheets. Gelatin serves as a gelling agent, stabilizer, and thickening agent in a variety of food and beverage applications. While there are vegetarian substitutes for gelatin, such as pectin, xanthan gum, and guar gum, they do not replicate gelatin's unique properties. Additionally, gelatin is incorporated into anti-aging creams and lotions due to its beneficial effects on skin health. Consequently, the increasing use of gelatin across multiple applications is fueling the growth of this segment.

Regionally, the collagen market is divided into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, Europe dominated the global collagen market, while the Asia Pacific region is projected to experience the fastest growth during the forecast period. Shifting lifestyle preferences in Europe have significantly influenced the collagen market, with consumers increasingly seeking products that offer functional benefits, leading to a rising demand for collagen-based products. The presence of major collagen manufacturers in Europe, such as Gelita AG, Protein S.A., and Ewald-Gelatin GmbH, is also contributing to market growth. Moreover, the growing awareness of animal welfare and the rise of veganism have made European consumers more hesitant to use animal-derived products. In response, collagen manufacturers are innovating plant-based or vegan-friendly collagen options to align with changing consumer preferences, which is expected to open new avenues for growth in the European collagen market in the coming years.

Key players in the collagen market include Gelita AG, Gelnex, Junca Gelatines, S.L, Lapi Gelatine S.p.A, Nippi Inc., Nitta Gelatin, Inc., Nutra Food Ingredients, RABJ Co., Ltd., Vihn Hoan Corporation, and Weishardt.

To assess the size of the global collagen market, a combination of primary and secondary research methodologies was utilized. The research process commenced with comprehensive secondary research, leveraging both internal and external sources to compile qualitative and quantitative data pertinent to the market. Additionally, numerous primary interviews were conducted with industry experts, including VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the collagen sector. These interviews aimed to validate the gathered data and provide deeper analytical insights into the market.