SAN FRANCISCO, May 30, 2017 /PRNewswire/ --
The global collagen market is anticipated to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc. The collagen market is expected to witness substantial growth over the coming years as a result of the increasing demand for collagen-based products in healthcare for
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The growing consumption in key segments such as food & beverages and cosmetics is also expected to propel the product demand over the forecast period. The growing demand for the product in the aforementioned segments can be attributed to the growing geriatric population worldwide, wherein there is an increasing requirement for products that facilitate the strengthening of bone and joints, skin rejuvenation, and cell repair.
Among the application segments, the healthcare segment dominated the industry globally. The increasing use of collagen-based products in pharmaceutical formulations, wound healing, and orthopedic applications. The other key applications include food & beverages, cosmetics, and photography.
The key sources for extraction of the product include bovine, porcine, poultry, and marine, wherein the industry is primarily dominated by the bovine segment, as of 2015. The future growth of the overall industry is, however, expected to be driven by the marine segment, mainly owing to the increasing use of marine-based products in cosmetics and healthcare applications.
Browse full research report with TOC on "Collagen Market By Source (Bovine, Porcine, Poultry, Marine), Product (Gelatin, Hydrolyzed Collagen), Application (Food & Beverages, Healthcare, Cosmetics), By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/collagen-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global collagen market on the basis of source, product, application and region:
Read Our Blog: Collagen: Increasing demand from cosmetics industry in emerging countries to drive demand growth
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: +1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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