Why is Collagen becoming popular worldwide?

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The growth of the Worldwide collagen market is quite promising. It is expected to grow at 5.3% CAGR and reach USD 7. 5 Billion by 2023. The increasing demand is due to its dynamic applications across various sectors, such as cosmetics, healthcare, and food and beverages. Collagen is known for its versatile uses in anti-ageing, cosmetic, and nutraceutical formulations. Moreover, technological advancements in the nutraceutical and healthcare industries are further propelling the demand.

The increase in demand can be observed in the healthcare and cosmetic segments due to collagen’s wide application in managing skin hydration, anti-ageing and joint health. The ease of incorporating it into formulations also adds to its surge in demand. Hence, the market will persist due to the versatility and technological advancements that improve the efficacy of collagens.

Opportunities in Collagen Market

  1. The demand for collagen is rising due to increasing consumer preferences for functional and natural ingredients in health and beauty products. This trend is coupled with the growing awareness of joint, skin, and overall wellness.
  2. The Asian collagen market has enormous potential, driven by the increasing population, urbanisation, high income, and growing awareness of healthy diets. This presents a promising opportunity for collagen market stakeholders.
  3.  The market for collagen products is experiencing a surge in demand with the rising ageing population, increasing incomes, and a growing emphasis on beauty and health. The increased demand for collagen-based formulations to address joint health, skin ageing, and overall health further bolsters collagens’ popularity, instilling confidence in stakeholders about the market’s potential.
  4. Various attributes, such as increasing demand for functional ingredients in food, changing lifestyles, and increased awareness of overall health, have contributed to expanding the collagen market worldwide.
  5. The collagen market has grown significantly due to enhanced demand in developing countries, shifting consumers towards collagen derivatives. Regions such as South Africa, Asia Pacific, the Middle East, Eastern European countries, and South America are promising markets for collagens.

Market Drivers: Demand for collagen-based formulations worldwide

The nutraceutical and cosmetic sectors have recognised the crucial role of collagens in maintaining skin health. With their unique properties, Collagens have been effectively employed in various nutraceutical formulations, including supplements for joints, skin, hair & nail health, reassuring stakeholders about the market’s potential. 

The popularity of collagen is increasing daily as various companies use it across multiple product lines, such as nutraceutical formulations, facial creams, soaps, shampoos, body lotions, and Joint care formulations. Hydrolysed fish collagen has wide applications in various skincare and haircare formulations. On the other hand, hydrolysed bovine collagen and Undenatured chicken collagen type II can be used in bone and joint care formulations. 

Due to our fast-paced lives and modern dietary choices, we lack essential nutrients for optimal skin health. Hence, a nutritional gap exists, and companies are trying to fill it. The product line aims to provide the skin with essential nutrients and address enhanced awareness for better health. 

Challenges

The processing and extraction of collagen require advanced technology. Collagen extracted from fish, chicken, and bovine undergoes a series of steps, from filtration to ion exchange. Afterwards, microfiltration is employed, and fluid can pass. via a porous membrane. Hence, extracted collagen undergoes heat sterilisation, and then the product is dried using spray drying technology. 

Hence, advanced technology is required for collagen production, and the adoption of such technology is not dispersed globally in various developing countries such as China, India, and Asia Pacific. One limitation, especially for developing nations, is hindering collagen manufacturing. Therefore, collaborations and partnerships become essential for increasing the capabilities in processing and extraction.  

Asia-Pacific: Fastest growing collagen Market 

Recently, Asia-Pacific has emerged as one of the fastest-growing collagen segment markets. Various contributing factors include increased awareness of well-being and wellness products. Also, with growing incomes, individuals invest in nutraceuticals and collagen-based formulations to promote skin, joint, hair, and nail health.

Furthermore, the ageing population in South Korea and Japan also played an essential role in driving collagen demand due to increasing issues of ageing skin and joint health. The cultural impact on skincare and beauty has further fueled the region’s collagen demand. Also, the government initiatives for collagen use and technological advancements in food enable the incorporation of collagen in various dosage forms. The wide availability of collagen in nutraceutical formulations, cosmetics and beverages has offered consumers multiple choices.  

Titan Biotech Limited: India’s Leading Manufacturer & Exporter of Collagens

Titan Biotech Limited is a leading manufacturer and exporter of collagens. We manufacture collagen sourced from Fish, Bovine, and chicken. Our ingredients are of premium quality and free from contaminants and fillers. They are also manufactured in a state-of-the-art facility according to international quality standards. Our collagens, such as Titagen ( Fish Collagen), are clinically approved for skin, hair and nail health. Titabon (Bovine Collagen) and Unstergen (Undenatured Chicken Collagen Type II) are clinically tested to relieve Osteoarthritis. Hence, if you require collagens, you can contact us.