APAC Collagen Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.15 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Collagen Market Analysis
The Asia-Pacific collagen market was valued at USD 415.5 million for the current year and is projected to grow at a CAGR of 5.15% over the next five years.
- The Asia-Pacific collagen market is being driven by the increasing demand for collagen as a key ingredient in various applications, such as dietary supplements, food additives, beverages, and meat products. The expanding use of gelatin in the creation of jellies, chewing gums, and desserts is expected to further drive the demand for collagen.
- Additionally, the rising demand for hydrolyzed products in health and beauty supplements is anticipated to increase the demand for collagen. This ingredient is known to improve bone and joint health, as well as enhance the texture and quality of hair, nails, and skin. It also helps to increase the protein content of functional food and beverage items and sports nutrition products.
- Moreover, the growing geriatric population in countries such as Japan, Australia, China, and India is expected to contribute to the increase in sales of collagen-based supplements for bone and joint health treatments. According to the United Union Department of Economic and Social Affairs, these countries have a significant percentage of the population aged above 65 years, which is likely to fuel the demand for collagen-based supplements in the region.
- In addition to the growing demand, increased investments in research activities have led to numerous product launches with collagen as a key ingredient in face care products, especially in South Korea, Japan, China, and Vietnam, among other Asia-Pacific countries. As the meat processing industry in local economies becomes more mature, captive consumption production levels are expected to rise. Furthermore, the demand for products is expected to increase as surgical formulations and collagen-based films become more popular.
APAC Collagen Market Trends
Collagen Rapidly Emerging as a Nutricosmetic Ingredient
- The demand for collagen peptide-infused nutri-cosmetics is increasing as consumers aim to prevent premature aging, leading to market growth. Collagen supplements are also gaining popularity due to their health and beauty benefits, such as improving bone health and relieving joint pain. In the Asia-Pacific region, there is a growing trend towards improving skin health by reducing dryness and wrinkles, increasing muscle mass, and using collagen as a nutricosmetic ingredient.
- As a result, the popularity of collagen-enriched face masks and other cosmetic products is on the rise as a prevailing skincare trend in the region. Beauty supplements, available in diverse forms, including tablets and beverages, are gaining traction. Among the key players in the Indian market, Amino Collagen India, operating under the Meiji Amino Collagen brand, is at the forefront of offering these beauty supplements. Furthermore, the escalating per capita income in Asia Pacific nations is a significant contributing factor to the burgeoning collagen market.
- Additionally, Southeast Asian countries like Singapore and Japan have witnessed the emergence of "beauty restaurants" that offer various delicacies, many of which are collagen-based products. These trends are expected to drive the usage of collagen as an ingredient in nutricosmetic products.
- For instance, Darling Ingredients, Inc. launched Peptan Marine collagen peptides at the virtual Beauty & Skincare Formulation Conference 2021. This solution is sourced from 100% wild-caught marine white fish and is certified by the Marine Stewardship Council (MSC). It can help beauty and nutrition brands differentiate and expand their portfolio with sustainably sourced, premium nutricosmetics and dietary supplements.
China Has the Fastest Growing Collagen Market
- The collagen market is being driven by various factors, including the increased consumption of protein, a growing interest in health supplements, and an increase in research and development activities.
- Additionally, the trend toward self-care and proactive measures for leading healthier, longer, and more active lifestyles is contributing to the growth of the market. The skin-nourishing qualities of collagen have also led to its use in the production of lotion and anti-aging creams. With the increasing interest in collagen peptide research, the market potential for domestically produced collagen peptides is expected to expand over the next five years.
- The market for collagen supplements is being strongly propelled forward by the expanding demographic of millennials in China, shifting preferences among consumers, the expansion of the beauty and personal care industry, and an increase in supplemental income. The rise of Gen Z active internet users in China is creating awareness about bone health, joint health, and overall health, which is further driving the market for collagen in the country. The China Collagen Market is moderately consolidated, with the top five companies occupying more than half of the market share.
- The major players in the market include Darling Ingredients Inc., GELITA AG, Luohe Wulong Gelatin Co. Ltd., Nitta Gelatin Inc., and Tessenderlo Group, among others. These key players are mainly focusing on expansion and product launches. For instance, in February 2021, PB Leiner announced its plan to enter the marine collagen market by 2022 in collaboration with Zhejiang Shengda Ocean Co. Ltd from Zhoushan, China. The new plant, located in China, will deliver high-quality collagen peptides to customers worldwide, enabling PB Leiner to offer its customers a more diversified range of products.
APAC Collagen Industry Overview
The Asia-Pacific collagen market is highly competitive and fragmented, with several regional and global players vying for market share. To gain a competitive edge, market players are implementing strategies such as mergers and acquisitions, expansions, partnerships, and product innovations. Nitta Gelatin, Jiangxi Cosen Biochemical Co., Ltd., Gelita AG, Tessenderlo Group, and Hangzhou Nutrition Biotechnology Co. Ltd. are some of the leading companies in the market.
Key players in the Asia-Pacific collagen market are investing heavily in R&D to enhance their product portfolios through product innovations. This trend is also observed among small to medium-sized players, and market leaders in the regional collagen peptides market are looking to expand their presence in new geographies and markets.
APAC Collagen Market Leaders
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Hangzhou Nutrition Biotechnology Co. Ltd .
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Jiangxi Cosen Biochemical Co., Ltd.
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Nitta Gelatin, NA Inc.
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Gelita AG
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Tessenderlo Group
*Disclaimer: Major Players sorted in no particular order
APAC Collagen Market News
- November 2022: One of the seafood suppliers based in Christchurch, New Zealand, launched a collagen ingredient derived from Ling maw - the swim bladder of Ling. Ling is a deep-sea fish that can be found in the waters around the South Island of New Zealand. Its swim bladder is considered a by-product and is usually discarded or converted into fishmeal and fertilizer.
- February 2022: Nippi (Shanghai) Trading Co. Ltd ('Nippi Shanghai'), a subsidiary of Nippi Japan, signed an agreement with Infobird Co. Ltd, an artificial intelligence (AI)-enabled customer engagement solutions provider, to increase its sales and grow its market share as a supplier of collagen raw materials to the Chinese market.
- February 2021: Tessenderlo Group's PB Leiner announced it will enter the marine collagen market by 2022. PB Leiner and Zhejiang Shengda Ocean Co. Ltd from Zhoushan (P.R. China) established a joint venture to construct the plant. The plant is located in China, and the venture would allow PB Leiner to offer its customers a more diversified range of high-quality collagen peptides.
APAC Collagen Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 High Scope For The Entry Of Small-scale Players Catering To The Demand
4.2 Market Restraints
4.2.1 Intolerance For Animal-based Protein
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Buyers/Consumers
4.3.2 Bargaining Power of Suppliers
4.3.3 Threat of Substitute Products
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of New Entrants
5. MARKET SEGMENTATION
5.1 Source
5.1.1 Animal-based Collagen
5.1.2 Marine-based Collagen
5.2 Application
5.2.1 Dietary Supplements
5.2.2 Meat Processing
5.2.3 Food
5.2.4 Cosmetics and Personal care
5.2.5 Other Applications
5.3 Geography
5.3.1 China
5.3.2 Australia
5.3.3 Japan
5.3.4 South Korea
5.3.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Major Strategies by Key Players
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Hangzhou Nutrition Biotechnology Co., Ltd.
6.3.2 Jiangxi Cosen Biochemical Co., Ltd.
6.3.3 Nitta Gelatin, NA Inc.
6.3.4 Titan Biotech Ltd
6.3.5 Darling Ingredients (Rousselot)
6.3.6 Gelita AG
6.3.7 Foodmate Co. Ltd
6.3.8 Chaitanya Group of Industries
6.3.9 Luohe Wulong Gelatin Co. Ltd
6.3.10 Tessenderlo Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Collagen Industry Segmentation
Collagen is a major structural protein found in the skin, tendons, and bones of vertebrates and has multiple nutritional, skin, and health benefits.
The Asia-Pacific collagen market is segmented into source, application, and geography. By source, the market is segmented into animal-based collagen and marine-based collagen. By applications, the market is segmented into dietary supplements, meat processing, food, cosmetics & personal care, and other applications, where other applications include beverages, medical care, biomaterial research, and packaging. By geography, the market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific.
The report offers the market size in value terms in USD and volume terms in tons for all the above-mentioned segments.
| Source | |
| Animal-based Collagen | |
| Marine-based Collagen |
| Application | |
| Dietary Supplements | |
| Meat Processing | |
| Food | |
| Cosmetics and Personal care | |
| Other Applications |
| Geography | |
| China | |
| Australia | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific |
APAC Collagen Market Research FAQs
What is the current Asia-Pacific Collagen Market size?
The Asia-Pacific Collagen Market is projected to register a CAGR of 5.15% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Collagen Market?
Hangzhou Nutrition Biotechnology Co. Ltd ., Jiangxi Cosen Biochemical Co., Ltd., Nitta Gelatin, NA Inc., Gelita AG and Tessenderlo Group are the major companies operating in the Asia-Pacific Collagen Market.
What years does this Asia-Pacific Collagen Market cover?
The report covers the Asia-Pacific Collagen Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Collagen Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Collagen Industry Report
Statistics for the 2024 APAC Collagen market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC Collagen analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
