Report : Middle East & Africa Hydrolyzed Collagen Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Source (Bovine, Porcine, Poultry, Marine, and Others) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
Bovine Segment to Dominate Middle East & Africa Hydrolyzed Collagen Market during 2019–2027
According to a new market research study on “Middle East & Africa Hydrolyzed Collagen Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast – by Source, Application and Country,” is expected to reach US$ 115.02 Mn by 2027 from US$ 73.17 Mn in 2019. The market is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The report provides trends prevailing in the Middle East & Africa hydrolyzed collagen market along with the drivers and restraints pertaining to the market growth. Upsurge in the instances of osteoporosis together with rising consumers awareness and escalating demand for nutritious and healthy food and beverages are the major factors driving the growth of the Middle East & Africa hydrolyzed collagen market. However, safety concerns associated with the use of hydrolyzed collagen may hinder the growth of Middle East & Africa hydrolyzed collagen market.
The market for Middle East & Africa hydrolyzed collagen is segmented into source, application, and country. Based on source, the market is segmented into bovine, porcine, poultry, marine, and others. In 2019, the bovine segment held the largest share in Middle East & Africa hydrolyzed collagen market. Based on application, the Middle East & Africa hydrolyzed collagen is divided into food & beverages, pharmaceutical & nutraceuticals, personal care, and others. The food and beverages segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East & Africa hydrolyzed collagen market has been facing difficulties and several countries have suffered heavily. South Africa, UAE and Saudi Arabia are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain.
Gelita AG, Rousselot, Nitta Gelatin Inc., Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering are among the leading companies in the Middle East & Africa hydrolyzed 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.
The report segments the Middle East & Africa Hydrolyzed Collagen market as follows:Middle East & Africa Hydrolyzed Collagen market – By Source
- Food & Beverages
- Pharmaceuticals & Nutraceuticals
- Personal Care
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
Contact Person: Sameer Joshi
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