Europe Collagen Market Outlook 2031
The Europe collagen market size was USD 950 Million in 2022 and is expected to reach USD 1.61 Billion by 2031 expand at significant CAGR 6.1% during forecast period 2023–2031. The growth of the market is attributed to use of collagen in cosmetic care and health care, increase in disposable income, increase in awareness toward health, and increase in population.
Collagen is an important protein in human body. Collagen provide cells a support structure which provide skin elasticity and strength, collagen help to relive joint pain, prevent bone loss, improve skin health, and increase muscle mass.
The Covid-19 pandemic affected the demand and supply of magnesium market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Europe Collagen Market Trends, Drivers, Restraints, and Opportunities
- Major application of collagen in health care industry is projected to boost the market in the coming years.
- Rapid growth in food and beverage industry is estimated to drive the market major factor fueling the market in coming years.
- Collagen is classified as risk material by European commission due to major BSE infection, which is anticipated to restrict market growth.
- Lack of awareness about collation possesses a main challenge that can hamper the market expansion in the coming year.
- Major companies` of Europe are investing in R&D studies related to drug delivery system of collagen.
Scope of The Europe Collagen Market Report
The report on the Europe Collagen market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Collagen Market – Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
Sources (Marine-based Collagen and Animal-based Collagen), Applications (Food and Beverages, Meat Processing, Cosmetics and Personal Care, Dietary Supplements, Health care and Pharmaceutical, and Others)
United Kingdom, Germany, France, Russia, Italy, Spain, and Rest of Europe
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players covered in the Report
DSM Biomedical, Darling Ingredients Inc, Tessenderlo Group, Weishardt, Collagen Solutions Plc, KENNEY & ROSS LIMITED MARINE GELATIN, Gelita AG, and LAPI GELATINE S.p.a.
Europe Collagen Market Segment Insights
The animal-based collagen segment accounts for key share in the market and is expected to grow at a rapid pace
Based on source, Europe collagen market is bifurcated into marine-based collagen and animal-based collagen. The animal-based collagen accounts for a key share of the market. The growth of the market is attributed to increase in population and rising disposable income. The marine-based collagen is anticipated to expand at a robust CAGR during the forecast period owing to major application area for growing collagen base product, improved standard of living and major use of collagen in cosmetic & health care industry.
The health care and pharmaceutical segment is anticipated to hold major market share
On the basis of applications, the Europe collagen market is segregated into food and beverages, meat processing, cosmetics and personal care, dietary supplements, health care and pharmaceutical, and others. The health and pharmaceutical segment is estimated to hold major market share owing to the ability to reconstruct the bone, useful in cardiovascular practice, burn care, wound care, and orthopedic. Collagen pill is available in market as medicine for joint pain.
On the basis of geography, the Europe collagen market is classified as United Kingdom, Germany, France, Russia, Italy, Spain, and Rest of Europe. The market in Europe is anticipated to expand at a high CAGR during the forecast period due to increasing population, rising awareness about health care product, growing use of collagen in cosmetic and personal care product.
The Europe collagen market has been segmented on the basis of
- Marine-based Collagen
- Animal-based Collagen
- Food and Beverages
- Meat Processing
- Cosmetics and Personal Care
- Dietary Supplements
- Health care and Pharmaceutical
- United Kingdom
- Rest of Europe
- DSM Biomedical
- Darling Ingredients Inc
- Tessenderlo Group
- Collagen Solutions Plc
- KENNEY & ROSS LIMITED MARINE GELATIN
- Gelita AG
- LAPI GELATINE S.p.a.
Key players competing in the Europe collagen market are DSM Biomedical, Darling Ingredients Inc, Tessenderlo Group, Weishardt, Collagen Solutions Plc, KENNEY & ROSS LIMITED MARINE GELATIN, Gelita AG, and LAPI GELATINE S.p.a.
Some of these players are using several business strategies such mergers, acquisitions and partnerships to extend their market share. Moreover they are focusing on expanding their product portfolio to leverage their market position. For instance, in March 2020, DSM collaborated with UPM Biofuels and SABIC with a goal to create new product Dyneema which is bio-based. The collaboration helped the industry to generate revenue and raise their production line of the business in the coming years.