Report : Asia Pacific Collagen Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Source (Bovine, Porcine, Marine, Plant-Based/Vegan, and Others), Product Type (Gelatin, Hydrolyzed Collagen, and Native Collagen), and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
Pharmaceuticals and Nutraceuticals Segment to Dominate APAC Collagen Market During 2021–2028
According to a new market research study on “Asia-Pacific Collagen Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Source, Product Type, and Application” is expected to reach US$ 1871.15 million by 2028 from US$ 1013.98 million in 2021. The market is estimated to grow at a CAGR of 9.1% from 2021 to 2028. The report provides trends prevailing in the APAC collagen market along with the drivers and restraints pertaining to the market growth. A wide spread of applications and high prevalence of osteoporosis are the major factor driving the growth of the APAC Collagen market. However, Collagen consumption raises safety concerns hinders the growth of APAC collagen market.
The APAC Collagen market is segmented based on source, product type, application, and country.
Based on source, the APAC collagen market is segmented into bovine, marine, porcine, plant-based/vegan, and others. Bovine segment dominated the APAC Collagen market in 2020. Based on product type, APAC Collagen market is segmented into gelatin, hydrolyzed collagen, and native collagen. The gelatin segment dominated the APAC Collagen market in 2020. Based on application, the APAC Collagen market is segmented into pharmaceuticals and nutraceuticals, food and beverages, personal care, and others. The pharmaceuticals and nutraceuticals segment dominated the APAC Collagen market in 2020. Based on country, the APAC Collagen market is segmented into China, Japan, India, South Korea, Australia, and Rest of APAC. The Rest of APAC segment dominated the APAC Collagen market in 2020.
GELITA AG; Gelnex; Ewald-Gelatine GmbH; RABJ.CO.,LTD; Vinh Hoan Corporation; Weishardt; Nippi Inc.; and Nitta Gelatin Inc. are among the leading companies in the APAC Collagen market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Nitta Introduces Replenwell – Clinically Proven & Performance Optimized Collagen Peptides.
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