Collagen Hydrolysate Market

Global Collagen Hydrolysate Market Size (2022 to 2027)

The global collagen hydrolysate market is anticipated to grow at a CAGR of 6.44% from 2023 to 2028. As a result, the market size is estimated to grow from USD 1.24 billion in 2023 to USD 1.7 billion by 2028.

A group of low molecular weight peptides, collagen hydrolysate, or HC, results from enzymatic action in the acidic or alkaline medium in a specific incubation temperature. This is proven by research to act as an anti-aging supplement, reducing wrinkles and improving bone health, relieving joint pain, and promoting weight loss. These supplements are extracted from cattle, fish, chicken tendons, bones, and skin. The basic structure of collagen contains amino acids, the building blocks of proteins, which, when hydrolyzed, help in its easy absorption into the bloodstream. These are also called collagen peptides. When extracted from scales, skin, and bones of marine sources, they have been shown to hold good properties. As a result, HCs are widely used in various industries, such as the cosmetic, pharmaceutical, food, biomedical, and leather industries.

Impact of COVID-19 on the collagen hydrolysate market:

The COVID-19 pandemic had a negative impact on the global collagen hydrolysate market. The outbreak began in March 2020 and continued for over a year. The lockdowns and quarantines resulted from the coronavirus outbreak in China. Many businesses have suffered losses due to the rise in the unemployment rate as more deaths were reported. The financial situation has deteriorated due to the unexpected increase in patients and the severe shortage of hospital resources. The fear of spreading the deadly virus led to a downfall among consumers of various end products in which collagen is used, like beverages, food, and nutritional products. The primary sources of collagen, such as marine forms, were posed with restrictions, leading to a decline in marine activities. The rising number of COVID-19 cases led to a need for more medical supplies, due to which the local manufacturers could not maintain their position in the market. Thus, the pandemic had a negative impact on the global collagen hydrolysate market.

MARKET DRIVERS:

Growing demand for cosmetic hydrolysate from dental and cosmetic surgeries propels market growth.

The high level of safety of HC makes it an attractive agent for long-term use to augment the growth of the market. The critical protein is produced in the body to play fundamental roles in the structuring and functioning of cells and tissues, along with wound healing and bone repair. Recent research shows hydrolyzed collagen is present in scales, skin, and bones of marine sources and can also be obtained from bovine sources. However, since its level in the body decreases with an increase in age, supplements are taken to get over the problems. Some of the benefits include cardiovascular health since collagen is found naturally in blood vessels and smooth muscle cells; a weight management tool cited by manufacturers for satiety, delaying the signs of skin aging, bone and joint health, anti-aging of the skin, nail growth, weight loss, and eye health. Also, recent findings prove that HC supplements could improve prealbumin circulation, which reduces the hospital stay duration by burn patients. Such factors are expected to drive the growth of the market.

Growing demand for cosmetics and personal care products to drive the global hydrolyzed collagen market.

The increased application of collagen as a biomaterial for its greater strength and stability, recent technological advancements of collagen-based granules as carriers of genes during facial bone formation, increasing aging of the population, increased consumer awareness for products with various nutritional benefits, rapid urbanization, and the focus of leading manufacturers to invest in research. Therefore, developmental activities are expected to drive the growth of the global collagen hydrolysate market.

MARKET RESTRAINTS:

Even though hydrolyzed collagen is proven to have a high safety level, a considerable number of who may suffer from side effects, such as mild digestive issues, which stands as an obstacle to the growth of the global collagen hydrolysate market, moreover, if the person is allergic to certain products such as fish, beef, or poultry, using collagen or hydrolyzed collagen supplements may cause specific reactions in the body. This also restrains the growth of the global market. Additionally, warning letters have been issued by the FDA to cosmetic companies making unsubstantiated claims of their cosmetic products as drugs, claiming to treat or prevent disease through it. This also acts as another obstacle to the growth of the market. Furthermore, the lack of appropriate treatment technologies in medical settings and vegetarian people inhibits the adoption of hydrolyzed collagen-containing animal by-products. Also, due to non-compliance with legislative protocols, many product recalls have resulted, which disturbs the manufacturing unit's work. Thus, these factors also further restrain the market's growth.

REPORT COVERAGE:

This research report on the global collagen hydrolysate market has been segmented and sub-segmented based on form, product, application, and region.

Global Collagen Hydrolysate Market – By Form:

• Powder
• Liquid
• Capsules
• Others

Based on the form, the powder segment is estimated to account for the largest share of the collagen hydrolysate market during the forecast period. This is attributed to the fact that the powdered form is easily digested and absorbed by the body into the bloodstream. Powders are exploited to be used in water, coffee, food, tea, and other foods and beverages, increasing their popularity over other hydrolyzed collagen available in the market through their versatile and tasteless nature.

Global Collagen Hydrolysate Market – By Product

• Bovine
• Porcine
• Marine
• Others

Based on the product, the bovine segment is anticipated to register the lead in the global collagen hydrolysate market during the forecast period. This form of collagen is obtained from cows primarily by boiling bovine bones and by-products in water to extract the collagen. It is a source of high protein content and water solvency due to its low atomic weight. Like the collagen in the human body, bovine collagen provides a flexible structure, helping to make bones strong and flexible enough to withstand stress, and its strengthening and hardening, primarily through a combination of collagen and calcium. This has resulted in more manufacturers using bovine collagen in the food and beverage industry to offer more nutritious products, cakes, desserts, and others. Also, due to its high processing efficiency, Halal certification, and low cost compared to marine collagen, there has been a growing demand for collagen peptides as potential oral supplements for restoring osteoarticular tissues. This would further provide opportunities for the expansion of the industry under this segment.

On the other hand, the marine segment is expected to grow at a healthy CAGR during the forecast period owing to the increasing fish production worldwide, the rising cosmetic industry worldwide, and its higher bioavailability than bovine or porcine types because of its smaller particle size compared to other types of collagens.

Global Collagen Hydrolysate Market – By Application:

• Pharmaceutical/Biomedical
• Food and Beverage
• Gummy and Jelly products
• Sausages and burger casings
• Others
• Nutraceuticals
• Cosmetics
• Others

Based on application, the pharmaceutical segment is anticipated to hold the largest share of the market during the forecast period. The increased penetration of collagen products into the pharmaceutical industry is one of the major factors contributing to the segment’s growth. In addition, the wide range of applications of collagen in the cosmetic industry, the growing population of working women, the increasing demand for ready-to-use collagen products, and changing lifestyles are further anticipated to promote the segment's growth. Furthermore, these are also used as supplements for treating patients suffering from disorders involving absorption, digestion, amino acid metabolism, dental applications, cardiovascular practices, and wound care, primarily due to their flexible nature and highly restrictive properties.

On the other hand, the nutraceutical segment is also foreseen to grow at a healthy CAGR over the forecast period. Changes in lifestyle and the adoption of unhealthy dietary habits are some of the key factors propelling the segment’s growth as it led to the adoption of HC for health and nutrition to provide consumers with essential nutrients and dietary supplements.

Global Collagen Hydrolysate Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The North American region had the most dominating global market share in 2022 and is estimated to hold the leading share throughout the forecast period. The domination of the North American region is attributed to the growing demand for ready-to-use collagen products, rising awareness regarding the quality, efficacy, and safety of taking dietary supplements, changes in lifestyle trends, and unhealthy eating habits influencing consumers for nutritional supplements.  The U.S. market held a significant share of the North American region in 2021. In the United States, the market is driven by the growing working women population and using HC for post-surgical recovery and cardiovascular treatments.

The European market is anticipated to hold a considerable share of the global collagen hydrolysate market during the forecast period. With the growing trend towards beauty supplements and collagen-based cosmetics, skin care is considered among the most significant applications of collagen, boosting the market growth in the European region. In addition, to improve the appearance of damaged skin, the participants from the cosmetics industry are using collagen products for manufacturing makeup kits, soaps, and serums. This further accelerates the usage and demand of collagen hydrolysate, resulting in European market growth. The UK market is one of the prominent regions in Europe and is expected to register a healthy CAGR during the forecast period. The growth of the UK market is mainly driven by the growing popularity of hydrolyzed collagen application serums, face masks, face creams, and many other beauty products, which act as natural additives owing to their foaming antioxidant and emulsifying functions. Such factors are anticipated to drive the growth of the collagen hydrolysates market in the UK over the forecast period.

The Asia-Pacific region is predicted to register the fastest CAGR during the forecast period owing to the heavy impact of hydrolyzed bovine collagen in changing lifestyle preferences, rising spending by the population on low-chemical natural skin care products, and adoption of Western dietary habits. Furthermore, growing awareness towards the use of nutritional enhancements, expansion of the food and beverage industry, increased spending on healthcare infrastructure, and increased awareness and demand for bovine collagen products are estimated to favor the collagen hydrolysate market in the Asia-pacific region.

KEY MARKET PLAYERS:

Rousselot, Nippi Collagen, Giant Sports International Inc., Code, Amicogen, Inc., Gelita AG, Hainan Huayan Collagen Biotech Co. Ltd., Nitta Gelatin, Inc., Weishardt, NeoCell Corporation, Connoils LLC, Perfect Supplements, Beijing Semnl Biotechnology Co, Ltd., Antler Farms and BioCell Technology LLC are a few of the noteworthy companies in the global collagen hydrolysate market and profiled in this report.

RECENT HAPPENINGS IN THIS MARKET:

• In November 2022, a leading manufacturer of nutrition-based collagen products, Great Lakes Wellness, launched Matcha Latte Daily Collagen Peptides to deliver functional benefits to make the preparation of matcha lattes easier with convenient and delicious powder.
• In December 2022, SEIWA KASEI CO., LTD. launched Hydrolyzed Sesame Protein, a new skincare raw material with the benefits of providing superior skin moisturizing and brightening effect, 100% plant-based skincare ingredients, using sesame protein from sesame oil grounds. This is a recycled ingredient that uses pomace from sesame oil.