Lucintel Forecasts Global Collagen Market to Reach 10.9 billionby 2030

CITY, Country, 2023-Sep-14 — /EPR Network/ —

According to a market report by Lucintel, the future of the global collagen market looks promising with opportunities in the food and beverage, healthcare, and cosmetic markets. The global collagen market is expected to reach an estimated $10.9 billion by 2028 with a CAGR of 7.8% from 2023 to 2028. The major drivers for this market are increasing consumer’s investment in healthcare and well-being, growing aging population prone to diseases, and rising inclination towards the consumption of protein and nutricosmetics across the globe

 

A more than 150 – page report is developed to understand Trends, opportunity and forecast in collagen market by product type (gelatin, hydrolyzed collagen, native collagen, synthetic collagen, and others), source (bovine, porcine, poultry, marine, and others), application (food and beverages, healthcare, cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).In this market,gelatin will remain the largest segment  by product type. Lucintel forecasts that gelatin will remain the largest segment over the forecast period due to growing concerns regarding health and fitness, changing consumer’s preference toward high-nutrition products, and increasing application of gelation in the manufacturing of gummy candies, marshmallows, and many yogurts

 

Within this market, food and beverages will remain the highest growing segment due to growing demand for dietary supplements and functional food and beverages and increasing application of this gelatine in order to improve the stability, consistency, and elasticity of products

 

APAC will remain the largest region due to the rapid industrialization and urbanization and extensive demand for glass in various end use industries, such as automotive, kitchen utensils, packaging, and consumer electronics of the region

 

APAC will remain the largest region over the forecast period due to increasing number of food manufacturers, growing demand for processed foods, and abundance of raw materials in the region

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056