Global Collagen Market to Cross USD 4.57 Bn by 2022, Predicts Meticulous Market Research in Its New Study Recently Added at MarketPublishers.com
19 Jul 2017 • by Natalie Aster
LONDON – Propelled by rising usage of collagen in the food industry, expanding popularity of healthy eating, increasing protein consumption, escalating use of collagen based on biomaterials and enhancing usage in such industries as healthcare, nutricosmetics and pharmaceuticals, the global market for collagen (collagen peptide and gelatine) is poised to keep to an upward trend in the coming years. From 2017 to 2022, the collagen market is set to increase at a 6.5% CAGR to exceed USD 4.57 billion by late 2022.
Besides, rising per capita income across the developing countries and uptake in the food processing industry open further lucrative growth opportunities for the collagen market players.
Still, factors like religion constraints, safety concerns and increasing usage of alternatives (modified starch gels, pectin gels, carrageenan, high acyl gellan gum, etc.) could hamper further growth in the collagen market.
North America is currently the leading regional market for collagen. However, the highest growth rates are predicted to be witnessed in the Asian collagen market, especially in China and India.
New in-demand publication “Collagen (Gelatine & Collagen Peptide) Market – Global Forecast To 2022” created by Meticulous Market Research contains a detailed unbiased analysis of the global market performance and trends. It describes the current scenario in the collagen market, touches upon the historical development patterns, examines the market dynamics and key growth influencing factors, provides a future outlook through 2022. Besides, this new report includes data on the regulative framework and competitive environment, gives details on the leading players, discusses the major growth challenges and opportunities, presents a detailed market assessment on the basis of products and applications. Moreover, this report investigates the situation across the key geographical markets.
A full collection of the publisher’s research studies is provided in the Meticulous Market Research catalogue at MarketPublishers.com.