Collagen Market Projection $23.96 Billion By 2032,CAGR: 10.1%

Collagen Market Size Worth $23.96 Billion By 2032 | CAGR: 10.1%


The global collagen market size is expected to reach USD 23.96 billion by 2032, according to a new study by Polaris Market Research. The report “Collagen Market Share, Size, Trends, Industry Analysis Report, By Product (Gelatin, Hydrolyzed Collagen, Synthetic Collagen, Native Collagen, Others); By Source; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for skincare, cosmetics, and wellness products containing collagen has significantly increased in recent times. Collagen has been used in personal care and skin care products to provide superior anti-aging properties, which is believed to have led to the increased consumption of collagen-based cosmetics. Major companies in the industry are now manufacturing personal care products that have cell-repair, anti-aging, and skin-enhancing properties. These companies invest heavily in research and development to deliver advanced collagen solutions and collagen-based products for biomaterials and medical devices. For instance, Elemis launched Pro-Collagen Supplements, and MAC unveiled Skinfinish, both pioneering ingestible skincare strived at addressing visible signs of aging from the inside out. These products enhance hydration, luminosity, firmness, and elasticity, effectively diminishing the appearance of fine lines and wrinkles.

Collagen is a vital component primarily utilized in lotions and creams that are applied externally. The widespread use of hydrolyzed collagen drives the growth of the market. This essential ingredient is used in skincare and hair care products and is often combined with surfactants and cleansing agents found in soaps, shampoos, and gels.

Collagen Market is increasing owing to a surge in demand for nutritious food and heightened awareness of collagen within the medical industry. Gelatin, which serves as a versatile gelling agent, provides diverse properties for the production of desserts, cheese, yogurts, and other products. Collagen is also used in the manufacturing of wound covers for treating severe burns, playing a crucial role in medical interventions such as human surgeries and skin donation sites.

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Plant-based collagen is a type of collagen that is derived from sources like algae, fungi, and different types of plant-based proteins. It offers similar benefits to animal-derived collagen while avoiding the ethical and environmental issues associated with animal farming. There are several reasons why consumers are increasingly opting for plant-based collagen. Additionally, plant-based collagen is a rich source of essential vitamins, minerals, and other nutrients.

Collagen Market Report Highlights

  • The gelatin segment accounted for the largest market share in 2023, owing to the increased demand from the food and beverages industries due to its endowing features and characteristics.
  • The bovine segment held the largest market share due to the rising demand for bovine-based products to cure distinct medical conditions like osteoporosis and arthritis.
  • North America accounted for the largest market share due to the availability of collagen products and the rising geriatric population. Also, the rising use of collagen in bone reconstruction and grafting and the increasing demand for health drinks are surging in the region.
  • The Asia-Pacific region accounted for the fastest growth in the market, owing to the increasing number of food manufacturers and the prevalent food processing industry, mainly in China and India.
  • The global key market players include Advanced BioMatrix, Inc., Collagen Matrix, Inc., Collagen Solutions Plc, ConnOils LLC, GELITA AG, Juncà Gelatines SL, Nitta Gelatin, NA Inc., Rousselot, Sterling Gelatin, Symatese, Tessenderlo Group, Weishardt Holding SA, and Xiamen Yiyu Biological Technology Co., Ltd.

Polaris Market Research has segmented the collagen market report based on product, source, distribution channel, and region:

Collagen, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Gelatin
  • Hydrolyzed Collagen
  • Synthetic Collagen
  • Native Collagen
  • Others

Collagen, Source Outlook (Revenue - USD Billion, 2019 - 2032)

  • Porcine
  • Chicken
  • Bovine
  • Sheep
  • Others

Collagen, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • Supermarket
  • Pharmacy
  • E-commerce
  • Others

Collagen, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

 

Collagen Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 11.09 billion

Revenue forecast in 2032

USD 23.96 billion

CAGR

10.1% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Product, By Source, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization    

Report customization as per your requirements with respect to countries, region and segmentation

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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