Product (Gelatin, Hydrolyzed Collagen, Native Collagen)
By the end of 2037, gelatin segment is estimated to account for collagen market share of more than 66.7%, due to its multi-applicability within pharmaceuticals, confectionery, and functional foods. Gelatin’s functionality for texture and stability improvement makes it a preferred ingredient in industries which has propelled the segment’s growth. In July 2023, GELITA launched CONFIXX-gelatin, which is a fast-setting gelatin specifically for fortified gummies with good texture and cost efficiency. This also aligns with the surge in demand within the health and wellness market for fortified and functional products. Furthermore, ongoing advancements in gelatin formulations are continuously widening its use in emerging applications, boosting the market prospects.
Source (Bovine, Porcine, Poultry, Marine, Synthetic)
Bovine segment is set to capture over 36.7% collagen market share by 2037, due to the continuously growing demand for bovine-based products for medical-grade collagen and functional foods. Since bovine-derived collagen is biocompatible with human tissue, this segment has garnered considerable adoption in regenerative medicine and surgical applications. In June 2022, Collagen Solutions strengthened its position by acquiring TissX, a company dealing in bovine-based biomaterials for advanced medical use. The improvement in extraction techniques increases the quality and efficiency of extraction, further propelling growth within the segment. With increasing healthcare needs, alongside emphasis laid upon bioactive ingredients, the bovine segment remains a key driver for the collagen market expansion.
Our in-depth analysis of the collagen market includes the following segments:
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Author Credits: Parul Atri
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