The global collagen market size is estimated to be valued at USD 4.1 billion in 2021 and is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The demand for collagen is increasing moderately due to increasing health concerns and rising obesity among consumers.
Key players in this market include GELITA AG (Germany), NITTA GELATIN, INC. (US), Weishardt Group (France), Darling Ingredients Inc. (US), Nippi Collagen NA Inc. (Japan), Vinh Hoan Corporation (Vietnam), Junca Gelatines S.L. (Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil), Vital Proteins LLC. (US).
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The key players are fixated upon improving their market shares, while their newer start-ups are being established rapidly in the market. The collagen market can be classified as a competitive market as it has the presence of a large number of organized players, accounting for a major part of the market share, present at the global level, as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies, particularly in the Asian markets.
GELITA AG is one of the leading manufacturers and suppliers of collagen proteins for various applications such as food, health & nutrition, pharmaceutical, specialties & fat, and protein & minerals. It manufactures three major products, namely, gelatin, collagen peptides, and collagen. It offers collagen and collagen peptides used in the production of meat products such as boiling sausage, cooked sausage, and low-fat pastries or ground meat. The company distributes high-quality tailor-made collagens for a wide range of products in food and nutritional supplement industries. The company has more than 18 production plants and sales offices, globally.
Nitta Gelatin, Inc. is a leading producer and supplier of high-quality gelatin, collagen peptides, and collagen proteins. The company is specialized in manufacturing collagen proteins sourced from bovine, porcine, and fish. They offer various types of collagen such as gelatin, native collagen and collagen peptides, which are used in applications such as food & beverage, health care, beauty & wellness, and technical. The company offers collagen peptides for cell cultures and coatings used in the pharmaceutical industry and collagen protein for protein-based food products.
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