Commercial collagen is extracted from animal sources such as bovine and pigs and is widely used in the food & beverages, personal care, pharmaceuticals, and biomedical industries. However, in recent years, outbreaks of transmissible spongiform encephalopathy (TSE), bovine spongiform encephalopathy (BSE), and foot-and-mouth disease (FMD) in terrestrial animals have highlighted concerns regarding the use of collagen and its impact on consumer’s health. Moreover, collagen purification is a difficult and expensive process. The protein undergoes rigorous quality checks before it is available commercially for human consumption. Thus, the collagen market is highly regulated, and the manufacturers must comply with different safety regulations across different markets.
With the new features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the APAC collagen market. The APAC collagen market is expected to grow at a substantial CAGR during the forecast period.
APAC Collagen Market Segmentation
The APAC collagen market is segmented into source, product type, application, and country. Based on source, the APAC collagen market is segmented into bovine, marine, porcine, plant-based/vegan, and others. The bovine segment dominated the market in 2020. Based on product type, the APAC collagen market is segmented into gelatin, hydrolyzed collagen, and native collagen. The gelatin segment led the market in 2020. Based on application, the APAC collagen market is segmented into pharmaceuticals & nutraceuticals, food & beverages, personal care, and others. The pharmaceuticals & nutraceuticals segment dominated the market in 2020. Based on country, the APAC collagen market is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC. The Rest of APAC segment led the market in 2020.
GELITA AG, Gelnex, Ewald-Gelatine GmbH, RABJ.CO.LTD, Vinh Hoan Corporation, Weishardt, Nitta Gelatin Inc., and Nippi Inc. are among the leading companies operating in the APAC collagen market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,013.98 Million |
| Market Size by 2028 | US$ 1,871.15 Million |
| CAGR (2021 - 2028) | 9.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Source
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Collagen Market is valued at US$ 1,013.98 Million in 2021, it is projected to reach US$ 1,871.15 Million by 2028.
As per our report Asia Pacific Collagen Market, the market size is valued at US$ 1,013.98 Million in 2021, projecting it to reach US$ 1,871.15 Million by 2028. This translates to a CAGR of approximately 9.1% during the forecast period.
The Asia Pacific Collagen Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Collagen Market report:
The Asia Pacific Collagen Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Collagen Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Collagen Market value chain can benefit from the information contained in a comprehensive market report.
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