What is Global Hydrolyzed Collagen Market?
The Global Hydrolyzed Collagen Market is a vast and dynamic sector that deals with the production, distribution, and consumption of hydrolyzed collagen. Hydrolyzed collagen, also known as collagen peptides, is a form of collagen that has been broken down into smaller, easily digestible particles. It is derived from various sources such as bones, hides, and fish scales. The market for this product is global, meaning it spans across continents and countries, catering to a diverse range of consumers with varying needs and preferences. The market's value is determined by the demand for hydrolyzed collagen in various industries such as food and beverage, pharmaceuticals, cosmetics, and personal care. In 2023, the market was valued at US$ 952 million, indicating a significant demand for this product. The market is expected to grow even further, reaching an estimated value of US$ 1568 million by 2030. This growth is attributed to the increasing awareness of the health benefits of hydrolyzed collagen and its wide range of applications in various industries.
Bone Hydrolyzed Collagen, Bovine Hide Hydrolyzed Collagen, Fish Hydrolyzed Collagen, Pig Skin Hydrolyzed Collagen, Other Hydrolyzed Collagen in the Global Hydrolyzed Collagen Market:
The Global Hydrolyzed Collagen Market is segmented based on the source of the collagen. These sources include Bone Hydrolyzed Collagen, Bovine Hide Hydrolyzed Collagen, Fish Hydrolyzed Collagen, Pig Skin Hydrolyzed Collagen, and Other Hydrolyzed Collagen. Each source has its unique properties and applications. Bone Hydrolyzed Collagen is derived from animal bones and is rich in calcium and phosphorus. It is commonly used in supplements to support bone health. Bovine Hide Hydrolyzed Collagen is extracted from cow hides and is known for its high protein content. It is often used in food and beverage products to enhance their nutritional value. Fish Hydrolyzed Collagen is derived from fish scales and is rich in amino acids. It is popular in the cosmetics industry for its skin-enhancing properties. Pig Skin Hydrolyzed Collagen is extracted from pig skin and is known for its high gel strength. It is commonly used in the food industry as a gelling agent. Other Hydrolyzed Collagen refers to collagen derived from other sources such as poultry and marine animals. These sources are also gaining popularity due to their unique properties and benefits.
Food & Beverages, Pharmaceutical, Cosmetics, Personal Care, Pet Food, Others in the Global Hydrolyzed Collagen Market:
The Global Hydrolyzed Collagen Market finds its application in various sectors such as Food & Beverages, Pharmaceutical, Cosmetics, Personal Care, Pet Food, and Others. In the Food & Beverages industry, hydrolyzed collagen is used as a protein supplement and is added to various products such as protein bars, drinks, and snacks. In the Pharmaceutical industry, it is used in the production of tablets and capsules for joint and bone health. In the Cosmetics industry, hydrolyzed collagen is used in skincare products for its skin rejuvenating properties. In the Personal Care industry, it is used in hair care products for its hair strengthening properties. In the Pet Food industry, hydrolyzed collagen is used as a protein source in pet food. Other applications of hydrolyzed collagen include its use in sports nutrition products and dietary supplements.
Global Hydrolyzed Collagen Market Outlook:
The Global Hydrolyzed Collagen Market has shown significant growth over the years. In 2023, the market was valued at US$ 952 million. This value is expected to increase to US$ 1568 million by 2030, indicating a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for hydrolyzed collagen in various industries such as food and beverage, pharmaceuticals, cosmetics, and personal care. The market's growth is also driven by the increasing awareness of the health benefits of hydrolyzed collagen and its wide range of applications.
Report Metric | Details |
Report Name | Hydrolyzed Collagen Market |
Accounted market size in 2023 | US$ 952 million |
Forecasted market size in 2030 | US$ 1568 million |
CAGR | 7.3% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Gelita, PB Gelatins, Nitta, Weishardt, Neocell, BHN, NIPPI, Cosen Biochemical, Taiaitai, SEMNL Biotechnology, HDJR, HaiJianTang, Dongbao, Huayan Collagen, Mingrang, Hailisheng, Oriental Ocean, CSI BioTech |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |