Hydrolyzed Collagen Market is expected to reach US$ 1,322.60 million by 2028

Publisher: The Insight Partners

Wide Application Scope Drives Hydrolyzed Collagen Market

According to our new research study titled "Hydrolyzed Collagen Market to Forecast 2028 – COVID-19 Impact and Global Analysis – by Source and Application," the market was valued at US$ 946.43 million in 2022 and is projected to reach US$ 1,322.60 million by 2028; it is expected to register a CAGR of 5.7% from 2022 to 2028.

Hydrolyzed collagen is a structural protein produced by the hydrolysis of collagen found in connective tissue, skin, tendons, bones, cartilage, and other body parts. It supports tissues structurally and is involved in cellular functions such as tissue healing, immunological response, cellular communication, and cellular migration. Collagen is generally obtained from bovine connective tissues or marine sources. It has many applications across multiple end-use industries, including food & beverages, pharmaceuticals & nutraceuticals, and personal care. In the food & beverages industry, hydrolyzed collagen is used in yogurts, confectioneries, nutritional bars, ready-to-drink beverages, and others. Hydrolyzed collagen-induced foods and beverages enhance protein levels in the body; moreover, they help repair skin texture, improve bone and muscle health, and strengthen joints. Rising awareness regarding the health benefits of hydrolyzed collagen among customers is driving the demand for hydrolyzed collagen-induced foods and beverages.

Hydrolyzed Collagen Market Breakdown – by Region

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According to the National Center for Biotechnology Information, 5 g of collagen peptide per day in postmenopausal women can raise bone mineral density and enhance bone formation. This can significantly reduce their risk of osteoporosis. According to the International Osteoporosis Foundation, ~5.2% of the UK population was diagnosed with osteoporosis in 2019. Furthermore, Asia will likely account for over half of the total osteoporotic hip fracture count reported worldwide by 2050. Rising research studies over the effectiveness of hydrolyzed collagen on osteoporosis is expected to boost the hydrolyzed collagen market growth among the target audience.

Ewald-Gelatine GmbH, GELITA AG, Rousselot BV, Nitta Gelatin Inc, Protein SA, ConnOils LLC, Norland Products Inc, Tessenderlo Group NV, Titan Biotech Ltd, and Viscofan DE GmbH are among the key players operating in the global hydrolyzed collagen market. These companies have a widespread global presence, which allows them to serve a large range of customers, subsequently contributing to the expansion of their market share. They focus on product launches and geographical expansion to expand their product range in specialty portfolios. Thus, strategic product developments by key players further drive the hydrolyzed collagen market growth.

Impact of COVID-19 Pandemic on Hydrolyzed Collagen Market

The rising consumption of functional food and beverage products, dietary supplements, and the high demand for protein-rich products are the key factors that boosted the growth of the hydrolyzed collagen market before the onset of the COVID-19 pandemic. However, these industries faced unprecedented challenges after the outbreak in 2020. The manufacturers of hydrolyzed collagen faced significant challenges due to supply chain constraints caused by nationwide lockdowns, trade bans, and travel restrictions. The supply chain disruptions created a shortage of raw materials, which affected the production and distribution of various products, leading to increased prices.

The report segments of hydrolyzed collagen market as follows:

Based on source, the hydrolyzed collagen market is segmented into bovine, porcine, poultry, marine, and others. In terms of application, the hydrolyzed collagen market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. Based on geography, the hydrolyzed collagen market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.

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