North America Collagen Market Outlook 2031:
The North America collagen market size was valued at USD 833.37 Million in 2022 and is projected to reach USD 1.33 Billion by 2031, expanding at a CAGR of 5.4% during the forecast period 2023 - 2031. Growth of the market is attributed to rise in the competitors entering the market.
Collagen is the most abundant protein in the human body, found in the bones, muscles, skin, and tendons. It is the substance that holds the body together. Collagen forms a scaffold to provide strength and structure. These decreases over the age factor and other reasons include smoking and exposure to UV light. Collagen can be used as a dressing agent for wounded sites.
Collagen is a hard, insoluble, and fibrous protein that makes up one-third of the protein in the human body. Collagen has gained popularity in recent year as a nutritional supplement and ingredient in shampoos and body lotions. In North America there’s a shift in preference among the consumers because of the benefits of the collagen in their diet. The ageing population of the region seeks a variety of bone and joint health supplements for maintaining and enhancing their health and well-being.
North America Collagen Market Trends, Drivers, Restraints, and Opportunities
- Development in nutrition sector is projected to boost the market.
- Negative side effects of injections are propelling the collagen market.
- Lack of awareness about the collagen possesses a main challenge that can hamper the market growth.
- High cost of the products and raw material is anticipated to hinder the market growth.
Scope of the North America Collagen Market Report
The report on the North America collagen market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
North America Collagen Market- Industry Analysis, Growth, Share, Size, Trends, and Forecast
Types (Gelatin, Hydrolyzed Collagen, Native Collagen, Collagen Peptide, and Others), and Applications (Dietary Supplements, Meat Processing, Food, Cosmetics & Personal Care, and Others)
The US, Canada, Mexico, and Rest of North America
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Nitta Gelatin, NA Inc., Tessenderlo Group, and Gelita AG.
North America Collagen Market Segment Insights:
The animal based collagen segment is estimated to expand at a rapid pace
Based on types, the North America collagen market is segregated into animal-based collagen and marine-based collagen.. The animal based collagen segment holds a major market share.
Majority of collagen supplements are animal based. Animal based collagen is a by-product of factory farming, where herbicides and pesticides are stored in the bones. These are tasteless or flavored powder that can be mixed with coffee or smoothie this is expected to boost the market.
The dietary supplement segment is estimated to hold a major market share during the forecast period
On the basis of End User, the North America collagen market is segregated into dietary supplements, meat processing, food, cosmetics & personal care, and others. The dietary supplement segment is projected to expand at a high CAGR during the forecast period. Changing consumer preference for collagen in diet instead of injections is estimated to drive the market.
To prevent combat arthritis collagen is used which is the major factor driving the market. It is used in supplementary drinks or functional drinks to cure muscle, joint, and bone related issues, which is propelling the collagen market.
The market in the US is projected to hold a major market share
In terms of geography, the North America collagen market is classified as the US, Canada, Mexico, and rest of North America. The US holds a major share in the collagen market. Most of the collagen consumers are from US.
The North America collagen market is segmented on the basis of
- Hydrolyzed Collagen
- Native Collagen
- Collagen Peptide
- Dietary Supplements
- Meat Processing
- Cosmetics & Personal Care
- The US
- Rest of North America
Major players in the North America collagen market include Nitta Gelatin, NA Inc., Tessenderlo Group, and Gelita AG.
Companies are engaging in mergers, acquisitions and partnerships to extend their market share. Moreover, they are focusing on expanding their product portfolio to leverage their market position.
Some of the companies are also focusing on research to launch different formulations of collagen with added benefits. According to Agriculture and Agri-Food Canada, the retail sales value of meat products is forecasted to increase to USD 3.84 billion by 2022 in Canada.