Report : North America Hydrolyzed Collagen Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Source (Bovine, Porcine, Poultry, Marine, and Others) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
At 4.9% CAGR, the North America Hydrolyzed Collagen Market is speculated to be worth US$ 357.56 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America hydrolyzed collagen market was valued at US$ 268.30 million in 2022 and is expected to reach US$ 357.56 million by 2028, registering a CAGR of 4.9% from 2022 to 2028. Wide application scope and strategic development initiatives by key market players are the critical factors attributed to the North America hydrolyzed collagen market expansion.
Hydrolyzed collagen is a structural protein produced by hydrolysis of collagen found in connective tissue, skin, tendons, bones, cartilage, and other body parts. It supports tissues structurally and is involved in cellular functions such as tissue healing, immunological response, cellular communication, and cellular migration. Collagen is generally obtained from bovine connective tissues or marine sources. It has many applications across multiple end-use industries, including food & beverages, pharmaceuticals & nutraceuticals, and personal care. In the food & beverages industry, hydrolyzed collagen is used in yogurts, confectioneries, nutritional bars, ready-to-drink beverages, and others. Hydrolyzed collagen-induced foods and beverages enhance protein levels in the body; moreover, they help repair skin texture, improve bone and muscle health, and strengthen joints. Rising awareness regarding the health benefits of hydrolyzed collagen among customers is driving the demand for hydrolyzed collagen-induced foods and beverages.
According to the National Center for Biotechnology Information, 5 g of collagen peptide per day in postmenopausal women can raise bone mineral density (BMD) and enhance bone formation. This can significantly reduce their risk of osteoporosis. Rising research studies over the effectiveness of hydrolyzed collagen on osteoporosis is expected to boost the North America hydrolyzed collagen market growth among the target audience. Hydrolyzed collagen is becoming increasingly popular across the nutraceutical industry. They are used to manufacture dietary supplements and protein powders. In the past few years, the demand for dietary supplements has increased dramatically due to increasing consumer preference for products boosting physical strength and fitness. Hydrolyzed collagen is easy to digest and can slow down a body's aging process, if consumed regularly. Manufacturers are launching a wide range of hydrolyzed collagen supplements. For instance, in November 2020, Life Extension, a US-based company, launched a new hydrolyzed collagen supplement for skin and joint health. There is a vast availability of various hydrolyzed collagen supplements and powders in retail stores. Moreover, hydrolyzed collagen is used in sports nutrition products to maintain joint and bone health. Hydrolyzed collagen also has significant applications in the biomedical and tissue engineering fields. It is used in various medical devices, including wound dressings and fillers for bone voids. Hydrolyzed collagen and gelatin have strong cell adhesion, biocompatibility properties, and a high degree of formability. Hydrolyzed collagen is a prominent extracellular matrix component (ECM) in many tissues and organs. It plays a vital role in the formation of tissues and the preservation of proper tissue architecture and function. As a result, cell transplantation carriers have been developed using different collagen scaffolds, such as sponges and gels. Thus, the growing demand for hydrolyzed collagen for various applications also propels the North America hydrolyzed collagen market growth. This is expected to drive the North America hydrolyzed collagen market during the forecast period.
On the contrary, safety concerns and stringent regulations related to consumption of hydrolyzed collagen hurdles the growth of North America hydrolyzed collagen market.
Based on source, the North America hydrolyzed collagen market is categorized into bovine, porcine, poultry, marine, and others. The bovine segment held 30.5% market share in 2022, amassing US$ 81.70 million. It is projected to garner US$ 103.64 million by 2028 to expand at 4.0% CAGR during 2022–2028.
Based on application, the North America hydrolyzed collagen market is categorized into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The pharmaceuticals and nutraceuticals segment held 41.8% market share in 2022, amassing US$ 112.21 million. It is projected to garner US$ 145.97 million by 2028 to expand at 4.5% CAGR during 2022–2028.
Based on country, the North America hydrolyzed collagen market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 77.6% share of North America hydrolyzed collagen market in 2022. It was assessed at US$ 208.25 million in 2022 and is likely to hit US$ 276.35 million by 2028, exhibiting a CAGR of 4.8% during the forecast period.
Key players dominating the North America hydrolyzed collagen market are Gelita AG; Rousselot BV; Nitta Gelatin Inc.; ConnOils LLC; Norland Products LLC; Tessenderlo Group NV; Titan Biotech Ltd; and Viscofan DE GmbH among others.
- In Sep 2022, Gelita AG established a biotech hub in Frankfurt.
- In Nov 2021, Rousselot BV - BDF natural ingredients partners with A&B ingredients for BDF Probind distribution in the US market.
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