Collagen Market Size, Share & Trends Analysis Report By Source (Bovine, Porcine), By Product (Gelatin, Native, Hydrolyzed), By Application (Food & Beverages, Healthcare), And Segment Forecasts, 2019 - 2025

Industry Insights

The global collagen market size was estimated at USD 4.27 billion in 2018. Increasing end-use applications for the market and increasing demand for the product from the cosmetic industry have been the key market drivers.

The product finds extensive application in the healthcare industry. It is used for various applications in the cosmetics industry due to high demand for cosmetic surgeries and wound healing treatments. Increasing consumer spending capacities, coupled with the popularity of skin surgeries, has propelled product demand across the world.

Key players in the market operate through a limited number of production capacities with the product-manufacturing units located close to the source of raw material, leading to low procurement costs. In addition, companies are involved in distribution of the product through vast distribution networks spread across major consuming economies in Europe and North America.

Demand for the product is expected to surge due to growing end-use applications, changing consumer preferences and lifestyles, increasing disposable income, and rising awareness regarding health and personal care. Developing economies of Asia Pacific, including China, India, and Malaysia, are anticipated to experience robust market growth over the next few years.

The food and beverage industry is expected to be a major contributor to demand for gelatin and hydrolyzed collagen, as the product is an essential protein for the human body and has multiple nutritional, skin, and health benefits. However, concerns regarding the transfer of diseases from certain raw material sources have hindered market growth. The industry is regulated by laws and regulations governing animal-based raw materials and ingredients used in collagen production.

The European Parliament has been instrumental in framing such regulations. Collagen manufacturers as well as end users in Europe are required to comply with specifications and requirements notified by the regulations. Specifications associated with the procurement and testing of raw materials of animal origin for human consumption might make the process of raw material procurement slightly cumbersome and hinder the manufacturing process.

Source Insights

Bovine, porcine, poultry, and marine are the four main sources required to manufacture collagen. Collagen from bovine source accounted for a substantial share of nearly 35.0% in 2018, on account of the abundance of bovine sources and relatively lower price as compared to marine and porcine sources. However, concerns regarding the transfer of diseases such as bovine spongiform encephalopathy (BSE) to humans due to the consumption of bovine-based products might restraint the growth of bovine collagen over the forecast period.

Marine-based sources are expected to witness the fastest growth over the forecast period, registering a CAGR of 7.6%. Marine collagen is superior to that of bovine or porcine sources, owing to its high absorption rate and bioavailability. However, marine collagen costs relatively higher than bovine and porcine variants, which is expected to restrain segment growth.

Product Insights

The gelatin segment dominated the global collagen market in 2018 owing to substantial demand for the product as a food stabilizer. The growth of the fishing industry in India and China has attracted gelatin manufacturers in Asia Pacific to use fish as a raw material for gelatin production. Demand for gelatin in developing economies is also expected to be driven by lifestyle and dietary changes, leading to increased consumption of gelatin.

The market for hydrolyzed collagen is anticipated to register the fastest growth over the forecast period, backed by its increasing use in the healthcare sector for tissue repair and dental applications. Increasing efforts by companies to use hydrolyzed collagen in the treatment of bone related disorders such as osteoarthritis have favored segment growth.

Application Insights

Key applications include food and beverages, healthcare, and cosmetics. Healthcare was the largest application segment in 2018 and is forecast to retain its dominant position over the forecast period, accounting for a 48.0% share of the market volume in 2025. The product is gaining popularity in the healthcare sector as a bone void filler owing to its ability to encourage bone development. Increasing demand for collagen sponges to carry proteins in bone repairing treatments is expected to drive segment growth over the forecast period.

The food and beverages segment is expected to register the highest growth over the forecast period owing to spurring demand for dietary supplements and functional food and beverages in North America and Europe. Rising popularity of the product as a cosmetic ingredient to prevent ageing effects such as wrinkles is expected to open new market avenues by 2025.

Regional Insights

Europe was the largest regional segment in the market in 2018. The regional market is likely to benefit from the presence of major sugar confectionery manufacturers such as Britannia Superfine and Astir. High growth of the meat processing industry in this region has also fueled product demand. The region has a sizable number of slaughterhouses, which, in turn, has encouraged product manufacturers to set up their plants in this region.

Asia Pacific is anticipated to emerge as the most lucrative region over the forecast period with a CAGR of more than 7.0%. The region exhibits the presence of a well-established meat processing industry, coupled with high expenditure on industrial development by governing agencies to propel economic development. In addition, high investments in research and development activities to produce collagen-based products are expected to favor market growth.

Collagen Market Share Insights

The global market is anticipated to witness substantial growth owing to the presence of prominent players. Some of the key companies operating in the industry are Collagen Matrix; Koninklijke DSM N.V.; Rousselot BV; CONNOILS LLC; and Advanced BioMatrix, Inc. These companies are actively involved in research and development of advanced products that provide additional options such as customizable emulsification and gelling with respect to product manufacturing. These players operate in multiple locations and market their products through numerous sales networks across the globe, including third-party distribution channels.

Industry players operate in multiple locations with manufacturing facilities situated near abundant sources of raw materials and carry out distribution through several sales locations across the area of operation. Therefore, most of the leading vendors are focusing on strengthening their market position in emerging and local markets, especially in Asia Pacific and Middle East and Africa, through geographic expansions and strategic alliances.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country level and provides an analysis of latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global collagen market report based on source, product, application and region:

• Source Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Bovine

  • Porcine

  • Poultry

  • Marine

  • Others

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Gelatin

  • Hydrolyzed collagen

  • Native collagen

  • Others

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Food & Beverages

  • Healthcare

  • Cosmetics

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

    • Indonesia

    • Vietnam

    • Thailand

    • Philippines

  • Central & South America

    • Brazil

    • Mexico

    • Ecuador

    • Peru

    • Bolivia

    • Chile

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • Turkey