Collagen Market Size Worth $16.7 Billion By 2028

The global collagen market size was valued at USD 8.36 billion in 2020 and is expected to showcase a CAGR of 9.0% from 2021 to 2028. The proliferating adoption of collagen in wound healing treatments and cosmetic surgery is accelerating product demand worldwide. Moreover, the growing application areas of collagen such as widespread adoption in the food & beverages sector and the increasing usage in the cosmetics industry are expected to fuel the market growth.

The Asia Pacific region is anticipated to emerge as the fastest-growing region in the forecast period with a volume-based CAGR of around 9.7% from 2020 to 2028. The region possesses the presence of an established meat processing industry, paired with rising investments in industrial development by governing agencies to expand economic development. Furthermore, the increase in investments in R&D activities for manufacturing collagen-based products is likely to supplement the regional market growth.

The players in the market operate via restricted production capacities with the manufacturing plants situated in close proximity to the raw material sources, which aids in lowering the cost of procurement. Hence, several key vendors focus on strengthening their market positions in local and emerging markets, specifically in the regions of Asia Pacific and the Middle East & Africa, with the help of alliances and geographical expansions. In addition, the market players are involved in strategies including product launches, mergers, partnerships, and acquisitions to sustain their market positions. For instance, in October 2022, Collagen Matrix, Inc., a significant manufacturer of regenerative medicine across the world, announced the acquisition of Polyganics, B.V. Polyganics develops medical devices that are bioresorbable. This acquisition is aimed at expanding the portfolio of Collagen Matrix’s bioresorbable solutions and bone repair technology platforms.

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Collagen Market Report Highlights

• Based on source, the marine segment is expected to expand at the fastest CAGR of 10% in the forecast period

• Based on application, the cosmetic surgery and wound healing segment is estimated to be the largest healthcare application segment in 2020, on the basis of volume, owing to its capability in treating chronic wounds as they incumber the activity of metalloproteinase

• Based on region, Asia Pacific is projected to witness the fastest growth rate of over 9.7% in the forecast period, based on volume. This is attributable to the increasing consumption of cosmetics and healthcare products in the region

Collagen Market Report Segments

Collagen Source Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
    • Bovine
    • Porcine
    • Poultry
    • Marine
    • Others

Collagen Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
    • Gelatin
    • Hydrolyzed Collagen
    • Native Collagen
    • Synthetic Collagen
    • Others

Collagen Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
    • Food & Beverages
        • Functional Food
        • Functional Beverages
        • Dietary Supplements
        • Confectionary
        • Desserts
        • Meat Processing
    • Healthcare
        • Bone & Joint Health Supplements
        • Wound Dressing
        • Tissue Regeneration
        • Medical Implants
        • Cardiology
        • Drug Delivery
    • Cosmetics
        • Beauty Supplements (Nutricosmetics)
        • Topical Cosmetic Products
    • Others

Collagen Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017- 2028)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Portugal
        • Netherlands
        • Switzerland
        • Poland
    • Asia Pacific
        • China
        • Japan
        • India
        • Indonesia
        • Vietnam
        • Thailand
        • Philippines
    • Central & South America
        • Brazil
        • Mexico
        • Ecuador
        • Peru
        • Bolivia
        • Chile
        • Argentina
    • Middle East & Africa
        • South Africa
        • Saudi Arabia
        • Turkey
        • UAE
        • Qatar
        • Israel

List of Key Players in Collagen Market
    • CGelita AG
    • Nitta Gelatin
    • NA Inc.
    • Darling Ingredients Inc.
    • Weishardt International
    • Nippi Collagen NA Inc.
    • Rousselot B.V.
    • Collagen Matrix; Inc.
    • Koninklijke DSM N.V.
    • CONNOILS LL
    • Advanced BioMatrix; Inc.