After years of increasing use of collagen in health care and food & beverage applications, the global collagen market is expected to reach U.S. $6.63 billion by 2025, according to data from Grand View Research.
Marine products are on the rise and are expected to drive future industry growth as marine-based cosmetics and health care applications become more popular.
The health care segment is expected to grow at a 6.4% CAGR, right behind the food and beverages segment at a 7.2% CAGR. Marine products are on the rise and are expected to drive future industry growth as marine-based cosmetics and health care applications become more popular.
Europe earned U.S. $1.32 billion in 2016, leading the collagen industry after employing anti-aging and pharmaceutical solutions R&D. The Asia Pacific market will grow at a rate of 7.5% during the forecast period due to China’s expected 8% CAGR.
Current stars in the collagen market include:
- Skin rejuvenation
- Tissue engineering
- Cell repair
- Bone reconstruction and strengthening
- Pharmaceutical formulations
- Food and beverages