The Latest Collagen Industry Statistics Explained
The global collagen market was valued at $4.27 billion in 2018 (Source: Fortune Business Insights)
The statistic indicates that the global collagen market had a total value of $4.27 billion in the year 2018, as reported by Fortune Business Insights. This value represents the combined revenue generated by all collagen-related products and services in the market during that year. Collagen is a protein that is widely used in various industries such as healthcare, cosmetics, and food & beverages for its structural and functional properties. The market value provides insight into the size and significance of the collagen industry on a global scale, highlighting its economic importance and potential growth opportunities for businesses operating in this sector.
The marine collagen market is expected to register a CAGR of 7.7% between 2021 to 2026 (Source: Mordor Intelligence)
This statistic indicates that the marine collagen market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.7% from 2021 to 2026, according to Mordor Intelligence. A CAGR of 7.7% suggests that the market is expected to grow steadily over the specified period. This growth rate indicates the average annual growth of the market and reflects a positive outlook for the marine collagen industry. Factors such as increasing consumer awareness about the benefits of marine collagen, expanding applications in various industries, and growing demand for natural and sustainable products could be driving this growth.
Asia Pacific led the global collagen market with a share of 34.5% in 2019. (Source: Grand View Research)
The statistic indicates that the Asia Pacific region held a dominant position in the global collagen market in 2019, capturing a significant share of 34.5%. This implies that over a third of the total collagen market revenue that year was generated in the Asia Pacific region. The strong market presence suggests that this region is a key player in the production and consumption of collagen-based products such as supplements, cosmetics, and food items. Factors contributing to Asia Pacific’s leadership in the collagen market may include rising consumer awareness about the benefits of collagen products, growing demand for health and beauty supplements, and the presence of established manufacturers and suppliers in the region.
The European collagen market is projected to reach $1.0 billion by 2027, at a CAGR of 5.2% (Source: Allied Market Research)
This statistic indicates that the European collagen market is expected to grow significantly, reaching a value of $1.0 billion by the year 2027. The Compound Annual Growth Rate (CAGR) of 5.2% suggests a steady and continuous increase in market size over the forecast period. The projected growth is likely driven by factors such as increasing awareness about the benefits of collagen in various industries including food, cosmetics, and healthcare. This statistic provides valuable insight to industry stakeholders, investors, and decision-makers, highlighting the growth potential and opportunities within the European collagen market in the coming years.
About 29% of the global collagen market was for food and beverages in 2020. (Source: Fact.MR)
In 2020, approximately 29% of the worldwide collagen market was designated for use in the food and beverage industry. This statistic highlights the growing significance of collagen as a functional ingredient in a variety of food and beverage products due to its perceived health benefits and versatility. The demand for collagen in the food and beverage sector can be attributed to its ability to enhance texture, stability, and nutritional value in a wide range of products such as protein bars, beverages, and supplements. This trend reflects a consumer shift towards prioritizing health and wellness, driving the expansion of the collagen market within the food and beverage industry globally.
The collagen market for nutraceuticals was approximately $1 billion in 2020. (Source: Globe Newswire)
The statistic stating that the collagen market for nutraceuticals was approximately $1 billion in 2020 signifies the total value of collagen products used in the nutraceutical industry during that year. This information suggests that there is a significant demand for collagen-based nutraceutical products among consumers seeking health and wellness benefits. The figure of $1 billion highlights the economic importance of collagen in the nutraceutical market and indicates a thriving industry with potential for growth and innovation. This statistic serves as a valuable insight for businesses, investors, and policymakers looking to understand and navigate the landscape of the collagen nutraceutical market.
The North America collagen market size was valued at $1.1 billion in 2020. (Source: Allied Market Research)
The statistic indicates that in the year 2020, the North America collagen market was estimated to be worth $1.1 billion. This figure represents the total value of collagen products bought and sold within the North American region during that time period. The market size is a crucial indicator of the economic importance and demand for collagen-based products in North America. Factors such as increasing awareness of the health benefits of collagen, rising disposable incomes, and a growing aging population may have contributed to the market’s size. This statistic provides valuable insight for businesses, investors, and policymakers looking to understand the market dynamics and potential opportunities within the collagen industry in North America.
By source, the bovine segment accounted for the largest collagen market share of 34.6% in 2020. (Source: Allied Market Research)
The statistic indicates that within the collagen market in 2020, the bovine segment, referring to collagen sourced from bovines (cattle), held the largest market share at 34.6%. This suggests that a significant portion of the collagen products available in the market during that year were derived from bovine sources. The data emphasizes the prominence of bovine collagen in the overall collagen market, highlighting the importance of cattle as a source for collagen production in various industries such as cosmetics, pharmaceuticals, and food products. The information, sourced from Allied Market Research, provides key insights into the distribution and utilization of collagen from different sources within the market.
The collagen peptides segment is anticipated to grow at the highest CAGR of 7.8% from 2021 to 2026. (Source: Allied Market Research)
This statistic indicates that the collagen peptides segment is expected to experience significant growth with a compound annual growth rate (CAGR) of 7.8% over the period from 2021 to 2026. The high CAGR suggests a strong year-over-year expansion in the market for collagen peptides, which are known for their benefits in promoting skin health, joint health, and overall wellness. This growth projection, as reported by Allied Market Research, signals a growing consumer interest in collagen supplements, likely driven by increasing awareness of their health benefits and a shift towards preventive healthcare practices.
Bovine collagen is anticipated to witness a CAGR of 5.6% between 2021-2027. (Source: Grand View Research)
The statistic “Bovine collagen is anticipated to witness a compound annual growth rate (CAGR) of 5.6% between 2021-2027” indicates the projected annual growth rate at which the use and demand for bovine collagen are expected to increase over the specified period. A CAGR of 5.6% suggests that the market for bovine collagen products derived from cattle is expected to experience steady and consistent growth. This statistic is based on forecasts and data analysis by Grand View Research, which specializes in providing market research and consulting services. The implication is that there will likely be increasing interest and consumption of bovine collagen for various applications such as cosmetics, pharmaceuticals, and food supplements during the years 2021 to 2027.
The global collagen market is projected to reach USD 7.53 billion by 2027. (Source: Grand View Research)
The statistic indicates that the global collagen market is expected to experience significant growth and reach a value of USD 7.53 billion by the year 2027. This projection suggests a positive trend in the demand for collagen products across various industries such as food and beverages, cosmetics, pharmaceuticals, and healthcare. Factors contributing to this growth may include the rising awareness about the health benefits of collagen, increasing adoption of collagen-based products among consumers, and advancements in technology for collagen extraction and production. The forecast provides valuable insights for businesses operating in the collagen market to capitalize on the growing opportunities and meet the evolving needs of customers.
North America accounted for 31.8% of the global collagen market in 2019. (Source: Grand View Research)
The statistic indicates that North America comprised 31.8% of the total collagen market worldwide in the year 2019, as reported by Grand View Research. This suggests that the North American region played a significant role in the global collagen industry, showcasing its substantial market share and influence. Factors such as high consumer demand for collagen-based products, advancements in collagen research and technology, as well as favorable economic conditions in North America may have contributed to this notable market presence. Understanding regional market shares like this can provide valuable insights for businesses looking to strategically position themselves in the collagen market and cater to the specific needs and preferences of the North American consumer base.
Asia-Pacific is expected to witness the highest growth rate in the collagen market, observing a CAGR of 6.7% from 2020 to 2027 (Source: Allied Market Research)
The statistic indicates that the Asia-Pacific region is projected to experience the most rapid growth in the collagen market between 2020 and 2027, with a Compound Annual Growth Rate (CAGR) of 6.7%. This signifies a strong upward trend in demand for collagen-based products in countries across Asia-Pacific during the specified period. Factors such as increasing consumer awareness about the health and beauty benefits of collagen, rising disposable incomes, and a growing focus on personal care and wellness products are likely driving this growth. As a result, businesses operating in the collagen market may find significant opportunities for expansion and profitability by targeting the Asia-Pacific region in the coming years.
By application, bone & joint health accounted for the highest market share in 2020, contributing to nearly one-fourth of the global collagen market. (Source: Allied Market Research)
This statistic indicates that in 2020, within the global collagen market, the segment related to bone and joint health had the largest market share, accounting for approximately one-fourth of the entire market. This suggests that consumer demand and usage of collagen products within the bone and joint health category were significant compared to other applications. This data provides insights into the preferences and priorities of consumers in the collagen market, emphasizing the importance of products related to bone and joint health. It also highlights the potential growth opportunities and competitiveness within this particular segment for collagen manufacturers and suppliers.
The collagen supplements segment held the largest market share in 2019, contributing to more than two-fifths of the market (Source: Allied Market Research)
The statistic suggests that in 2019, the collagen supplements segment dominated the market, accounting for over two-fifths of the total market share, as reported by Allied Market Research. This indicates that collagen supplements were the most popular and widely purchased products within the market at that time. The large market share held by the collagen supplements segment signifies its significant presence and influence in the industry, likely driven by consumer demand for health and wellness products, as well as increasing awareness of the potential benefits of collagen supplementation. This statistic underscores the importance and popularity of collagen supplements within the market landscape in 2019.
Gelatine accounted for 32.4% of collagen market in 2020. (Source: Transparency Market Research)
The statistic “Gelatine accounted for 32.4% of the collagen market in 2020” indicates that gelatine, a derivative of collagen, held a significant share in the overall collagen market during the year 2020. This suggests that gelatine products, which are commonly used in various industries such as food, pharmaceuticals, and cosmetics, were in high demand relative to other collagen-based products. The data from Transparency Market Research highlights gelatine’s prominence and market presence within the collagen industry, reflecting its widespread applications and consumer preferences in 2020.
Europe is expected to reach USD 2.39 Billion by 2025 in the collagen market. (Source: Markets and Markets)
The statistic “Europe is expected to reach USD 2.39 Billion by 2025 in the collagen market” indicates the projected market size of the collagen industry in Europe by the year 2025. This estimate suggests a significant increase in market value from the current level, reflecting a growing demand for collagen products in the region. The data from Markets and Markets serves as a valuable insight for businesses, investors, and policymakers to understand the market dynamics and potential opportunities for growth and investment in the collagen market within Europe.
China was the largest consumer of collagen, accounting for 40% of consumption in 2020. (Source: Intrado)
The statistic that China was the largest consumer of collagen in 2020, accounting for 40% of global consumption, indicates that China represented a significant portion of the market demand for collagen products during that year. This data highlights the country’s substantial appetite for collagen-based products, which are popular for various health and beauty benefits. With a 40% share of the market, China’s consumption of collagen significantly outweighs that of other countries, demonstrating the nation’s influence on the global collagen industry and indicating potential opportunities for businesses operating in this sector to cater to the Chinese market.
The global collagen peptides market is expected to reach $526.3 million by 2025. (Source: Markets and Markets)
The statistic indicates that the market for collagen peptides is projected to grow significantly, with an estimated value of $526.3 million by the year 2025 according to data from Markets and Markets. This suggests a rising demand for collagen peptides globally, likely driven by increasing awareness about the health benefits associated with collagen consumption, such as improved skin health, joint function, and muscle mass. The expected growth in market value also implies opportunities for businesses operating in the collagen peptides sector to expand their operations and cater to the growing consumer base seeking collagen-related products.
Cosmetics is anticipated to be the fastest-growing application in the collagen market, expected to reach $1,542 million by 2023 growing at a CAGR of 7.1% from 2017 to 2023. (Source: Allied Market Research)
This statistic indicates that the cosmetics industry is expected to experience rapid growth in the collagen market, with anticipated revenues reaching $1,542 million by the year 2023. This growth is projected to be driven by a compound annual growth rate (CAGR) of 7.1% from the year 2017 to 2023. The increasing demand for collagen-based products in the cosmetics sector is likely due to the growing consumer preference for natural and effective skincare solutions. The data from Allied Market Research suggests that collagen will play a significant role in the expansion of the cosmetics market in the coming years, reflecting changing trends in the beauty industry.
Conclusion
Based on the statistics provided, the collagen industry shows promising growth and rising popularity across various sectors such as cosmetics, healthcare, and food & beverages. The increasing consumer awareness about the health benefits of collagen and the constant innovation in product formulations are key drivers for the industry’s expansion. As the demand for collagen continues to rise, it is evident that this market segment holds significant potential for further development and investment opportunities.
References
0. – https://www.www.mordorintelligence.com
1. – https://www.www.factmr.com
2. – https://www.www.marketsandmarkets.com
3. – https://www.www.transparencymarketresearch.com
4. – https://www.www.alliedmarketresearch.com
5. – https://www.www.grandviewresearch.com
6. – https://www.www.fortunebusinessinsights.com
7. – https://www.www.globenewswire.com
