The global collagen powder is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The increase in competitors and growing demand for cosmetics is anticipated to drive the growth of the global collagen market. According to the State Administration of Market Regulation (SAMR), in 2020, there were 2.77 million registered cosmetics-related enterprises up from 12.0% of the 2.47 million enterprises registered in China in 2019. Among these, 74.0% consisted of small enterprises and 1.0% were large enterprises. Moreover, according to the National Beuarue of Statistics, the sale of cosmetics in November 2020 and March 2021 accounted for 32.3% and 42.5% respectively. Further, according to the mainland research report on strategic investment planning in China’s cosmetic sector, the online sales channels accounted for 38% of total cosmetic sales. Thus, the rise in the number of competitors and rising demand for cosmetics is anticipated to drive the growth of the global collagen powder market.
Looking towards the demand for collagen powder, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in November 2021, Cytoplan had launched type 1 Marine Collagen, used to improve the overall health of connective tissue in the body. This powder is designed to aid the structure, elasticity texture, resilience, and strength of the skin. However colder months and temperature drops can lead to dry skin, whereas cytoplan states that a collagen supplement may assist in rehydrating the skin and help it to retain moisture and firmness.
in May 2020, Swisse Wellness had launched clinical Collagen +Beauty Blends The product is formulated with several ingredients including grass-fed bovine collagen, VERISOL Bioactive Collagen Peptides, and hyaluronic acid with other ingredients. The clinical studies have shown improved skin and joint health and each serving 10g of collagen. Thus, such product launches are anticipated to accelerate the growth of the global collagen powder market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Nitta-Gelatin Inc, CONNOLIS LLC, Titan Biotech Ltd, and Fancl International Inc among others.
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Global Collagen Powder Market Report by Segment
By Type
- Gelatin
- Hydrolyzed Collagen
- Others
By Application
- Food & Beverages
- Pharmaceuticals
- Cosmetics
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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