Market Size of Asia-Pacific Collagen Industry
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 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 |
Asia-Pacific Collagen Market Size Summary
The Asia-Pacific collagen market is experiencing significant growth, driven by the increasing demand for collagen in various applications such as dietary supplements, food additives, beverages, and meat products. The expanding use of gelatin in products like jellies, chewing gums, and desserts further fuels this demand. The market is also benefiting from the rising interest in hydrolyzed collagen products within health and beauty supplements, known for their benefits in improving bone and joint health, as well as enhancing the texture and quality of hair, nails, and skin. The growing geriatric population in countries like Japan, Australia, China, and India is contributing to the increased sales of collagen-based supplements, particularly for bone and joint health. Additionally, investments in research and development have led to numerous product launches, especially in countries such as South Korea, Japan, China, and Vietnam, where collagen is increasingly used in face care products.
The market is characterized by a growing trend towards nutricosmetics, with collagen peptide-infused products gaining popularity for their anti-aging benefits. The demand for collagen-enriched cosmetic products, such as face masks, is rising as consumers seek to improve skin health and reduce signs of aging. The Asia-Pacific region is witnessing a surge in beauty supplements available in various forms, including tablets and beverages, with key players like Amino Collagen India leading the market. The emergence of "beauty restaurants" in Southeast Asian countries, offering collagen-based delicacies, further drives market growth. The market is highly competitive, with major players like Darling Ingredients Inc., GELITA AG, and Nitta Gelatin Inc. focusing on expansion and product innovation. The increasing interest in collagen research and the trend towards self-care and healthier lifestyles are expected to propel the market forward, with a particular emphasis on the expanding demographic of millennials and Gen Z in China.
Asia-Pacific Collagen Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 High Scope For The Entry Of Small-scale Players Catering To The Demand
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1.2 Market Restraints
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1.2.1 Intolerance For Animal-based Protein
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1.3 Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Buyers/Consumers
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1.3.2 Bargaining Power of Suppliers
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1.3.3 Threat of Substitute Products
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1.3.4 Intensity of Competitive Rivalry
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1.3.5 Threat of New Entrants
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2. MARKET SEGMENTATION
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2.1 Source
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2.1.1 Animal-based Collagen
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2.1.2 Marine-based Collagen
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2.2 Application
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2.2.1 Dietary Supplements
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2.2.2 Meat Processing
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2.2.3 Food
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2.2.4 Cosmetics and Personal care
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 China
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2.3.2 Australia
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2.3.3 Japan
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2.3.4 South Korea
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2.3.5 Rest of Asia-Pacific
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Asia-Pacific Collagen Market Size 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.