Report ID: SQMIG30C2078
Report ID:
SQMIG30C2078 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
149 |
Figures:
80
Global Collagen market size was valued at USD 9.23 billion in 2022 and is poised to grow from USD 10.20 billion in 2023 to USD 22.67 billion by 2031, at a CAGR of 10.5% during the forecast period (2024-2031).
Collagen use is expanding quickly across a variety of industries, which is attracting consumers to nutrient-rich goods. The market's main growth drivers during the forecast period are the materials and the rising demand for collagen-containing products in the healthcare industry. The market has expanded quickly thanks in part to the use of collagen in culinary products. Collagen is a protein with a fibrous shape that the body produces from extracellular matrix. Comparing this protein to the others, it is primarily insoluble. Most importantly, amino acids, arginine, and glycerine aid in the synthesis of this protein. The promotion of brain cells is where it shows its primary advantage. By halting the loss of bone tissue, the health of the bone is also significantly preserved. Collagen helps to relieve joint discomfort by reducing the friction that occurs between the bones during various movements.
Moreover, collagen significantly improves the quality of keratin-containing body components like hair and nails. It significantly supports the skin tissue cells' suppleness and toughness. The use of items from animal sources is specifically forbidden by several religions, which hinders the market's expansion throughout the forecast period. The market has been forced to contend with inadequate technologies, particularly in developing nations, when it comes to processing various items. Moreover, The majority of health supplements that are utilized primarily for facilitating and growing muscles contain collagen. Over the projection period, this market offers a significant chance for the market to expand. The consumption of protein-rich diets has greatly expanded as a result of people's improved health awareness. Also, due to the pandemic's increased public knowledge of health issues, people are now choosing healthier alternatives to unhealthy foods and drinks. The nutritional worth of the various food products is given more consideration than current trends. It is anticipated that during the projected period, this rising health consciousness will offer significant potential for the expansion of the collagen market.
US Collagen Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30C2078