The hydrolyzed bovine collagen market is projected to register a CAGR of 5.2% during the forecast period, up from US$ 897.08 Mn in 2021 to reach a valuation of US$ 1566.77 Mn by 2032.
The hydrolyzed bovine collagen market is anticipated to show promising growth prospects during the forecast period.
| Attributes | Details |
| Hydrolyzed Bovine Collagen Market Value (2021) | US$ 897.08 Mn |
| Hydrolyzed Bovine Collagen Projected Market Value (2032) | US$ 1566.77 Mn |
| Hydrolyzed Bovine Collagen Market CAGR (2022-2032) | 5.2% |
Sales of hydrolyzed bovine collagen are expected to rise as it is used in confectionery products to improve chewiness, foam stability, and texture. In addition to this, demand for hydrolyzed bovine collagen is rising due to its multiple functionalities. For example, it functions as a binding agent for nutritional bar ingredients and improves the softness and flexibility of nutritional bars.
Increasing use of hydrolyzed bovine collagen in the food sector is also projected to contribute to the growth of the hydrolyzed bovine collagen market share.
Some of the key hydrolyzed bovine collagen market trends promoting the demand for hydrolyzed bovine collagen include the pharmaceutical industry increasing usage of hydrolyzed collagen for the treatment and recovery of cancer, burns, cancer, trauma, post-surgery treatment, and other conditions.
These factors are anticipated to have a positive impact on the sales of hydrolyzed bovine collagen and the overall market share.
Hydrolyzed bovine collagen is used in a variety of industries, including cosmetics, food and beverage, health and beauty goods, dairy products, and others. Growing health awareness amongst people and increasing demand for hydrolyzed bovine collagen in the food industry is propelling the hydrolyzed bovine collagen market share. People are becoming more interested in a health-conscious diet or having a fat-free lifestyle, which is a major cause of rising sales of hydrolyzed bovine collagen.
While some consumers are losing muscle strength due to age, hydrolyzed bovine collagen plays an important role in supplementing their workouts by improving fat-free mass, muscle strength, and fat loss, which is ultimately beneficial for growth and demand for hydrolyzed bovine collagen and its other diversified applications.
Sales of hydrolyzed bovine collagen are anticipated to rise as customers are experiencing skin problems due to a decrease in collagen in their bodies.
Demand for hydrolyzed bovine collagen is high in the cosmetic and personal care business due to various factors such as increasing age, poor diet, and environmental factors such as dust affecting the level of collagen in consumers' bodies. As a result of this, both the sales of hydrolyzed bovine collagen and the global market is anticipated to rise during the forecast period.
North America, Europe, Asia Pacific (APAC), South America, and the Middle East and Africa make up the hydrolyzed bovine collagen market (MEA). The largest share of the global hydrolyzed bovine collagen market was held by Europe in 2019, followed by Asia Pacific. The presence of well-established players such as Gelita AG, Protein S.A., and Ewald-Gelatin GmbH is primarily responsible for the region's largest market share.
The demand for hydrolyzed bovine collagen products is expected to rise during the forecast period, owing to a rise in consumer health awareness. Hydrolyzed collagen has grown in popularity across the region, particularly in Germany, France, and the United Kingdom. In Europe, changing lifestyle trends in terms of food supplements and beverages have had a significant impact on the hydrolyzed bovine collagen market.
Due to rising customer demand for hydrolyzed bovine collagen, the number of manufacturers in the hydrolyzed bovine collagen market is growing.
Key players in the hydrolyzed bovine collagen market are trying to make hydrolyzed bovine collagen more widely available, as well as providing all-in-one collagen for convenient use by all consumers. These measures taken by manufacturers are anticipated to propel the sales of hydrolyzed bovine collagen and aid in the expansion of hydrolyzed bovine collagen market.
Some of the key players operating in hydrolyzed bovine collagen market are Beyond Pharmaceutical Co., Ltd., Weishardt Holding SA, Hangzhou Nutrition Biotechnology Co., Ltd, Tessenderlo Group NV, Danish Crown A/S, Gelnex Indústria E Comércio Ltda., Juncà Gelatines, S.L., Sumitomo Chemical Company, Limited., HANALL BIOPHARMA CO., LTD., Roche Holding AG.
| Report Attribute | Details |
| Growth rate | CAGR of 5.2% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Type of Product, End use, region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Beyond Pharmaceutical Co., Ltd., Weishardt Holding SA, Hangzhou Nutrition Biotechnology Co., Ltd, , Tessenderlo Group NV, Danish Crown A/S, Gelnex Indústria E Comércio Ltda., Juncà Gelatines, S.L., Sumitomo Chemical Company, Limited., HANALL BIOPHARMA CO., LTD., Roche Holding AG. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The hydrolyzed bovine collagen market is likely to register a CAGR of 5.2% during the forecast period.
Key players holding substantial Hydrolyzed Bovine Collagen Market share include Beyond Pharmaceutical Co., Ltd., Weishardt Holding SA, Hangzhou Nutrition Biotechnology Co., Ltd, , Tessenderlo Group NV, Danish Crown A/S, Gelnex Indústria E Comércio Ltda., Juncà Gelatines, S.L., Sumitomo Chemical Company, Limited., HANALL BIOPHARMA CO., LTD., Roche Holding AG.
As per the analysis, the hydrolyzed bovine collagen market share is likely to be US$ 1566.77 Mn by 2032.
Demand for hydrolyzed bovine collagen is likely to rise due to increasing health awareness and demand in a variety of industries, including cosmetics, food and beverage, health and beauty goods, dairy products, and others.
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Hydrolyzed Bovine Collagen Market
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