DUBLIN--(BUSINESS WIRE)--The "Global Collagen Market - Segmented by Application, Source, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The collagen market was valued at USD 3200 million in 2016 and is expected to grow at a CAGR of 6.9%.
The increasing use of collagen as a functional ingredient has been driving its growth. The link between consumption of collagen and the health benefits it provides has led to the establishment of collagen supplements industry. Nowadays, collagen has become a key ingredient in most of the health foods.
Collagen has wide spectrum of applications as food additives right from storage stability of confectionery and dairy products to enhancing processability and organoleptic properties of packaged food products. Collagen is extensively employed for dietary supplements owing to the growing health consciousness and wide array of health benefits provided by collagen and its derivative products. Collagen role as tenderizing agent in meat and meat products is gaining popularity.
The extraction of collagen, particularly bovine and porcine, is commercially feasible. The abundant supply, easy availability and biodegradability also favors the animal-based collagen market. Animal based collagen is dominating the global market with a market share of 78% owing to its wide usages in nutricosmetics, food and beverage products and nutraceuticals particularly dietary supplements. Marine based collagen offers additional advantages of increased bioavailability, fat and calcium free, waste product utilization as well as diseases free component.
- Rousselot B.V.
- Ewald-Gelatine GmbH
- Gelita AG
- Holista Colltech Limited
- Junca Gelatines S.L
- Lapi Gelatine
- Nitta Gelatin Inc.
- PB Gelatins GmbH
- REINERT GRUPPE Ingredients GmbH.
Key Topics Covered:
2. Market Overview
3. Market Dynamics
5. Competitive Landscape
6. Company Profiles
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