Global Hydrolysed Bovine Collagen Market
Tamaño del mercado en miles de millones de dólares
Tasa de crecimiento anual compuesta (CAGR) : %
Período de pronóstico |
2024 –2031 |
Tamaño del mercado (año base) |
USD 628.10 Million |
Tamaño del mercado (año de pronóstico) |
USD 913.94 Million |
Tasa de crecimiento anual compuesta (CAGR) |
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Jugadoras de los principales mercados |
Global Hydrolysed Bovine Collagen Market, By Type (Type I Collagen, Type II Collagen, Other Types), Form (Powder, Liquid), Source (Grass-fed Bovine Collagen, Conventionally-raised Bovine Collagen) Applications (Food and Beverages, Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals) - Industry Trends and Forecast to 2031.
Hydrolysed Bovine Collagen Market Analysis and Size
The essential factors contributing to the growth of the global hydrolysed bovine collagen market in the forecast period of 2024 to 2031 include increasing demand from the food and beverage industry, and rapidly increasing application scope.
Data Bridge Market Research analyses that the global hydrolysed bovine collagen market which was USD 628.10 million in 2023, is expected to reach USD 913.94 million by 2031, growing at a CAGR of 5.8% during the forecast period of 2024 to 2031. In 2024, the food and beverages segment will dominate the market due to increasing health and wellness trends. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2015-2021) |
Quantitative Units |
Value (USD Million) |
Segments Covered |
By Type (Type I Collagen, Type II Collagen, Other Types), By Form (Powder, Liquid), By Source (Grass-fed Bovine Collagen, Conventionally-raised Bovine Collagen) By Applications (Food and Beverages, Dietary Supplements, Cosmetics and Personal Care, Pharmaceuticals) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Collagen Solutions Plc (U.K.), GELITA AG (Germany), Gelnex (Brazil), Nitta Gelatin Inc. (Japan), Rousselot (Netherlands), Amicogen (South Korea), LAPI GELATINE S.p.a. (Italy), Ewald-Gelatine GmbH (Germany), Nutricore Biosciences Private Limited (India), Nippi Collagen NA Inc. (Japan), REINERT GRUPPE Ingredients GmbH (Germany), TrobasGelatine B.V. (Netherlands), JuncàGelatines SL (Spain) and Advanced BioMatrix, Inc. (U.S.) |
Market Opportunities |
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Market Definition
Hydrolysed bovine collagen refers to collagen extracted from the connective tissues of cattle (bovines) that has undergone a process called hydrolysis. Hydrolysed bovine collagen is widely used in various industries, including food and beverage, cosmetics, pharmaceuticals, and medical applications, due to its purported health benefits. It is often used as a source of protein and as an ingredient in products aimed at promoting skin health, joint health, bone health, and tissue repair.
Global Hydrolysed Bovine Collagen Market Dynamics
Drivers
- Increasing Health and Wellness Awareness
Increasing consumer consciousness about maintaining holistic health and well-being is fueling the demand for hydrolyzed bovine collagen-infused products. Consumers are actively seeking out natural and functional components such as collagen to aid diverse health needs, including skin vitality, joint mobility, and bone strength. The accessibility of hydrolyzed bovine collagen across a wide array of distribution channels, spanning online retail, specialty outlets, supermarkets, and pharmacies, is bolstering consumer reach and propelling market expansion.
- Growth of Beauty and Personal Care Industry
As the worldwide population ages at a rapid pace, there's an escalating need for products targeting age-related health issues such as joint discomfort, wrinkles, and declining bone strength. Hydrolyzed bovine collagen is progressively finding its place in dietary supplements, cosmetics, and pharmaceuticals to tackle these concerns, consequently stimulating market expansion. Collagen, renowned for its capacity to enhance skin firmness, moisture levels, and overall look, is a sought-after ingredient in skincare and cosmetic formulations. With the continual global growth of the beauty and personal care sector, the demand for products integrating hydrolyzed bovine collagen is on the rise.
Opportunities
- Product Innovation and Diversification
Companies have the chance to innovate and broaden their product range by introducing fresh formulations and uses for hydrolyzed bovine collagen. This may involve crafting unique dietary supplements, cosmetics, pharmaceuticals, and functional food and beverage items customized to meet particular consumer requirements and desires. As awareness of the health advantages associated with hydrolyzed bovine collagen expands worldwide, there's a window for companies to venture into emerging markets where demand for these products is on the rise. Accessing these markets enables companies to reach new consumer segments and stimulate market expansion.
- Marketing and Branding Initiatives
Advantages of hydrolyzed bovine collagen and distinguishing products from competitors can aid companies in seizing market share and boosting consumer demand. This may encompass tailored advertising initiatives, partnerships with influencers, and educational programs for consumers. Collaborating with other entities such as companies, research institutions, and healthcare professionals can result in inventive product advancements and broader distribution networks. Partnerships also offer opportunities for accessing novel technologies, expertise, and resources to strengthen a company's competitive standing in the market.
Restraint/Challenges
- Competition from Alternative Sources
The hydrolyzed bovine collagen market could face challenges due to competition from alternative collagen sources like plant-based or synthetic alternatives. This competition may compel companies to innovate and distinguish their products to maintain competitiveness. Additionally, trade barriers such as tariffs, import quotas, or trade restrictions might influence the import and export of hydrolyzed bovine collagen, thereby impacting market dynamics and profitability for global market players.
- Safety and Quality Standards
It's imperative for companies to comply with safety and quality standards established by regulatory bodies or industry associations. Non-compliance can result in product recalls, erosion of consumer trust, and legal ramifications. Heightened awareness and concerns regarding animal welfare may prompt more stringent regulations or consumer resistance toward products sourced from animals. Consequently, companies might encounter limitations on procuring collagen from specific animal species or regions.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In April 2023, Darling Ingredients Inc. (US) completed the acquisition of Gelnex, a major global producer of gelatin and collagen products, on March 31, 2023. The acquisition, initially announced in October 2022, involved a cash payment of approximately USD 1.2 billion. With the addition of Gelnex's five facilities in South America and one in the United States, Darling Ingredients Inc. (US) now has the capacity to produce 46,000 metric tons of gelatin and collagen products annually
- In April 2023, Amicogen, a biopharmaceutical and health functional food materials company, has completed the construction of a collagen and gelatin production plant in Vietnam through its joint venture with Navico, called Aminavico. The plant has a production scale of 400 tons each for collagen and gelatin, with plans to expand to 2,400 tons annually. This will help to cater the rising demand of collagen products in the region
Global Hydrolysed Bovine Collagen Market Scope
The market is segmented on the basis of type, form, source and application the growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Type I Collagen
- Type II Collagen
- Other Types
Form
- Powder
- Liquid
Source
- Grass-fed Bovine Collagen
- Conventionally-raised Bovine Collagen
Application
- Food and Beverages
- Dietary Supplements
- Cosmetics and Personal Care
- Pharmaceuticals
Global Hydrolyzed Bovine Collagen Market Regional Analysis/Insights
Global Hydrolysed Bovine Collagen market is analysed and market size insights and trends are provided by country, type, form, source and application as referenced above.
The countries covered in the global Hydrolysed Bovine Collagen market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America region is dominating the market due to high demand of the availability of many applicable industries in the region.
Asia-Pacific region exhibits the highest CAGR in the market. This growth is attributed to increasing consumer awareness of economic growth, industrial development, and investment in key sectors impact the demand for Bio- Acetic Acid.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Hydrolysed Bovine Collagen Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Global Hydrolysed Bovine Collagen Market.
Some of the major players operating in the global Hydrolysed Bovine Collagen market are:
- Collagen Solutions Plc (U.K.)
- GELITA AG (Germany)
- Gelnex (Brazil)
- Nitta Gelatin Inc. (Japan)
- Rousselot (Netherlands)
- Amicogen (South Korea)
- LAPI GELATINE S.p.a. (Italy)
- Ewald-Gelatine GmbH (Germany)
- Nutricore Biosciences Private Limited (India)
- Nippi Collagen NA Inc. (Japan)
- REINERT GRUPPE Ingredients GmbH (Germany)
- TrobasGelatine B.V. (Netherlands)
- JuncàGelatines SL (Spain)
- Advanced BioMatrix, Inc. (U.S.)
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Metodología de investigación
La recopilación de datos y el análisis del año base se realizan utilizando módulos de recopilación de datos con muestras de gran tamaño. La etapa incluye la obtención de información de mercado o datos relacionados a través de varias fuentes y estrategias. Incluye el examen y la planificación de todos los datos adquiridos del pasado con antelación. Asimismo, abarca el examen de las inconsistencias de información observadas en diferentes fuentes de información. Los datos de mercado se analizan y estiman utilizando modelos estadísticos y coherentes de mercado. Además, el análisis de la participación de mercado y el análisis de tendencias clave son los principales factores de éxito en el informe de mercado. Para obtener más información, solicite una llamada de un analista o envíe su consulta.
La metodología de investigación clave utilizada por el equipo de investigación de DBMR es la triangulación de datos, que implica la extracción de datos, el análisis del impacto de las variables de datos en el mercado y la validación primaria (experto en la industria). Los modelos de datos incluyen cuadrícula de posicionamiento de proveedores, análisis de línea de tiempo de mercado, descripción general y guía del mercado, cuadrícula de posicionamiento de la empresa, análisis de patentes, análisis de precios, análisis de participación de mercado de la empresa, estándares de medición, análisis global versus regional y de participación de proveedores. Para obtener más información sobre la metodología de investigación, envíe una consulta para hablar con nuestros expertos de la industria.
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