Collagen Market size was over USD 6 Billion in 2023 and is poised to reach USD 20 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In 2024, the industry size of collagen is USD 6.5 Billion. This market growth can be augmented by the surging demand for collagen followed by the increasing rate of people suffering from osteoporosis. This disease is more prevalent in women during the post-menopausal period. As per the recent report, osteoporosis affects almost 20% (1 in 5) of women aged 50 and over and almost 5% (1 in 20) of men aged 50 and over.
Nowadays people prefer to consume natural and functional ingredients in healthcare products. Collagen provides strength, structure, and support to the human body. It is majorly used as an implantable carrier for bone-inducing proteins and has been used as a bone substitute due to its osteo-inductive activity.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
8% |
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Base Year Market Size (2023) |
USD 6 Billion |
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Forecast Year Market Size (2036) |
USD 20 Billion |
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Regional Scope |
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Source (Bovine, Porcine, Marine)
The marine source segment is estimated to hold the largest collagen market share of about 45% in the year 2036. The segment growth can be attributed to the high bioavailability, low energy content, and collagen's acceptance as a fat alternative. It is used in the production of health supplements to improve the health of bones, treat arthritis, and protect the mucosa of the gastrointestinal tract. It is also used in cosmetics as a moisturizer and natural humectant.
The properties and configuration structure of marine collagen-based cosmetic formulations vary from product to product. Cosmetics manufacturers are currently focusing on the development of marine-sourced cosmetic formulations on account of the numerous skin benefits. As per our survey, the rate of global fish production reached 175 million tons in 2017 and is projected to reach over 194 million tons by 2026.
Product (Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen)
The gelatin is predicted to dominate 45% market share between 2024-2036. The growth of the segment can be impelled by the food production industry being a crucial contributor to the growing demand for gelatin. It is a vital protein for the human body which provides various nutritional, skin, and health benefits.
Moreover, growing concerns about health and fitness, consumer preference changing toward high-value nutrition products, evolving lifestyles, and approval regarding the use of gelatin in food products are expected to drive the segment growth in the upcoming years.
Our in-depth analysis of the global market includes the following segments:
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Source |
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APAC Market Statistics
The collagen market in the Asia Pacific is anticipated to account for 34% revenue share by the end of 2036. The market expansion in the region is on account of growing awareness and demand for health and wellness products among people. With the rising economy, people have started investing in premium products to improve their overall health.
Moreover, the elderly population in Asia Pacific countries including Japan and South Korea have started consuming collagen for anti-aging and joint health. Growing focus on beauty and skincare has fueled the collagen market revenue. As per the recent report, A Japanese company ‘Eminet’ entered Thailand, which has a huge market for collagen production. The annual sales of collagen mainly produced from fish in 2020 were reported USD 64 million.
The government has taken various initiatives to increase collagen production and advancements in food technology. There are a variety of products available for skincare and overall health that have collagen as their main ingredient, so it becomes easier for consumers to include collagen in their daily diet.
North American Market Analysis
The North America region will also encounter huge growth for the collagen market by the end of 2036 with a share of 25%. This is owing to the growing technological advancements in the region for using collagen in the healthcare industry. As per the latest report, collagen was exported by 1,995 world exporters to 2,582 buyers in the United States and it stands in second position in exporting collagen across the world.
Additionally, growing attention towards personal growth and maintaining healthy skin is expected to drive the demand for collagen in the cosmetic industry. Ovine collagen from Australia is gaining a lot of importance because of the monopoly of the product in the industry, thus contributing to the growth of the market in Australia. Furthermore, increasing demand for films and formulations that are collagen-based for use in surgical formulations is expected to drive product demand in the region.
Author Credits: Anil Kumar, Ipsheeta Dash
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