Report ID: SQMIG15A2091
Report ID:
SQMIG15A2091 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
90 |
Figures:
76
Market in North America accounted for the largest revenue share in the global collagen & gelatin market in 2021. due to an increase in the number of surgeries for soft-tissue augmentation and investments and infrastructure in healthcare. In addition, the region's market for synthetic tissue and biomaterials is seeing revenue growth thanks to new product innovations, active participation in research and development (R&D) for the creation of novel cosmetic, cardiovascular, and bone marrow treatments. Diseases like osteoarthritis and rheumatoid arthritis are on the rise as a result of rising obesity and sedentary lifestyles, both of which are major contributors to the market's revenue growth. MD Logic Health introduced a brand-new, specialized marine collagen on May 25, 2022. The collagen is made with a unique blend of co-factors that include Vitamins C, A, Zinc, Copper, and Biotin. Collagen production can be accelerated with the help of cofactors.
The European market is anticipated to experience steady revenue growth over the forecast period, due to the strong demand for functional food products, gelatin-based cosmetics, and personal care products as well as the rapid expansion of the pharmaceutical and nutraceutical industries.
During the forecast period, revenue growth is anticipated to be very rapid in Asia-Pacific. A few of the main factors that are contributing to the market's revenue growth are an increase in government funding, the expansion of healthcare facilities, the rapid adoption of cutting-edge technologies, and novel treatments. In addition, the expanding market in Asia-Pacific is further supported by rising consumer awareness of the nutritional benefits of collagen and gelatin. This region's numerous food processing industries use collagen for a variety of end-use benefits, including maintaining the finished product's texture and nutritional content while also extending the shelf life of foods and beverages. In addition, it is anticipated that the aging population in China, Japan, and India will increase demand for collagen supplements, which aid in the treatment of osteoarthritis.
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Report ID: SQMIG15A2091