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Native Collagen Market Is Anticipated To Reach US$ 371 Million By 2033

In 2023, the global Native Collagen market is valued at $215 million, and it is projected to reach $371 million by the conclusion of 2033. The worldwide sales of native collagen are expected to experience a compound annual growth rate (CAGR) of 5.6% through 2033.

Native collagen is sourced from various origins, including marine species, porcine, poultry, and bovine bones and cartilages. It is less commonly used for direct consumption and incorporation compared to alternative options, primarily due to its insoluble nature. A significant portion of animals naturally contain native collagen in their skin and bones. Additionally, plant-based native collagen is derived from leaves, flowers, and fruits.

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Key Takeaways from Market Study:

• The global Native Collagen Market has been estimated to reach a value of US$ 371 million by the end of 2033.

• The market is predicted to advance at a CAGR of 5.6% through 2033.

• The size of the global industry is US$ 215 million in 2023.

• The Canadian market is anticipated to progress at a CAGR of 4.4% during the forecast period.

• Sales of native collagen in Germany are forecasted to increase at a CAGR of 3.9% from 2023 to 2033.

Increasing use of collagen, which is based on biomaterials is estimated to boost its sale in the coming years. In addition, growing interest in nutricosmetics and protein consumption is also anticipated to generate lucrative opportunities for industry players in the forecasted period. Among other applications, cosmetics held more than 24% of the total market share in the year 2022. Collagen is a structural protein that is found in animal organisms and provides fundamental structural support. The most common source of extraction of native collagen is fish skin and mammalian.

Growth Drivers:

  1. Increasing Awareness of Health and Wellness: As consumers become more health-conscious, there is a growing demand for products and supplements that promote skin health, joint health, and overall well-being. Native collagen is known for its potential benefits in these areas, driving its market growth.
  2. Aging Population: The global population is aging, leading to a greater demand for anti-aging and skincare products. Native collagen is often used in cosmetics and skincare formulations for its potential to reduce wrinkles and improve skin elasticity, making it a sought-after ingredient.
  3. Cosmetic and Personal Care Industry: The cosmetic and personal care industry has seen a surge in demand for products containing natural and sustainable ingredients. Native collagen, especially when sourced from marine or plant-based origins, aligns with this trend and is thus in high demand by cosmetic manufacturers.
  4. Rising Disposable Income: With increasing disposable incomes, consumers are willing to spend more on high-quality, premium products, including those containing native collagen. This boosts the market for premium skincare and dietary supplements.
  5. Advancements in Extraction and Processing Techniques: Ongoing advancements in the extraction and processing of native collagen have improved its quality and made it more accessible for various applications. These innovations have expanded the market’s reach.

Competitive landscape:

Leading suppliers of native collagen are investing at a significant rate for the strengthening of the system for supply chain management. These suppliers also aim to ensure the availability of quality products to target end users. Moreover, pre-established rules and regulations are also ensured while putting minimal possible adverse environmental impacts.

For instance :
• In April 2021, EnviroFlight brand of Darling Ingredients opened novel research & development and corporate center in North Carolina’s Apex. This newly established facility will allow a company to concentrate on specific research areas, including expanding the knowledge base to find alternative applications of BSFL (black soldier fly larvae) in cosmetics, animal nutrition, animal health, and other product development.

Fact. MR, a market research and competitive intelligence provider, has studied the key suppliers of native collagen, including Aviva Systems Biology Corporation, Symatese, Beyond Biopharma Co., Ltd., Vetoquinol S.A., Cosmo Bio, Rockland Immunochemicals Inc., Creative Enzymes, and REPROCELL USA Inc. in its recently published research report.

Segmentation of Native Collagen Industry Research:

• By Source :
o Bovine
o Porcine
o Poultry
o Marine
o Others

• By Application :

o Food Processing
o Wound Dressing
o Cosmetics (Topical)
o Bone & Joint Reconstruction
o Tissue Regeneration
o Others

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

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Key Questions Covered in the Native Collagen Market Report:

• What is the projected value of the Native Collagen Market in 2023?

• At what rate will the global Native Collagen Market grow until 2033?

• Which are the factors hampering the growth in the Native Collagen Market?

• Which region is expected to lead in the global Native Collagen Market during 2023 to 2033?

• Which are the factors driving the Native Collagen Market during the forecast period?

• What is the expected market value of the Native Collagen Market during the forecast period?

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This post first appeared on Newstrail.com, please read the originial post: here

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Native Collagen Market Is Anticipated To Reach US$ 371 Million By 2033

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