(PharmaNewsWire.Com, January 24, 2023 ) The market intelligence report on “Collagen and Gelatin Market” analysed by Maximize Market Research covers a detailed competitive and regional analysis of the market. The market is expected to grow from USD 812 million in 2021 to USD 1480.83 million in 2029, at a CAGR of 7.8 percent for the forecast period from 2022 to 2029.
Collagen and Gelatin Market Scope and Research Methodology
The report offers a thorough analysis of all important national, regional, and global aspects of the collagen and gelatin sector. The report offers details on the market drivers, challenges, opportunities and restraints. The data were gathered using primary and secondary data collection methods. The primary techniques involved conducting surveys, questionnaires, and telephone interviews with experts, industry leaders, business owners, and marketers. To ensure the inferences were as reliable as possible Secondary data was collected. The official websites of numerous organisations and the government, trade publication, Paid database, annual reports, white papers, and announcements from enterprises. SWOT, PESTLE and Porter’s five forces were used to analyse the market.
In the cosmetics and skincare sector, collagen and gelatin have consistently grown its popularity. Collagen peptides improve the condition of the skin and reduce wrinkles and scars. They are also used to slow down the ageing process of the skin for a more youthful appearance. A vital ingredient in anti-aging creams, serums, and lotions is hydroxylated collagen. It is also an essential ingredient in hair washes, conditioners, and serums for gorgeous, long hair.
Collagen and Gelatin Market Regional Market Insights
In 2021, North America dominated the collagen and gelatin market and it is expected that it will continue to hold that position during the forecast period. Due to the large vegan movement that has taken hold in America, plant-based collagen is currently being manufactured.
Maximize Market Research is leading healthcare research firm, has also published the following reports:
Collagen Market - The market size is expected to reach USD 18.3 billion by 2029 at a CAGR of 9.1 percent during the forecast period. It is expected to be driven by the medical sector and increasing demand for nutritional food.
Hydrolyzed Collagen Market - The market size is expected to reach USD 6.16 billion by 2029 at a CAGR of 5.8 percent during the forecast period. It is expected to be driven by increasing demand for cosmetic products and changing food preferences.
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