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Hydrolyzed Collagen Market
The health & nutrition segment in the hydrolyzed collagen market is anticipated to have the highest market share during the forecast period.
The global hydrolyzed collagen market segments are categories into form, application, and region. Based on form, it is classified into liquid, powder, and capsules.” - Allied Market Research
PORTLAND, OR, US, November 21, 2023 /EINPresswire / -- Hydrolyzed collagen is composed of small peptides having low molecular weight and is rich in essential amino acids including hydroxyproline, glycine, and proline. It is highly digestible, easily absorbed, and gets distributed in the tissues of the body. There are several health and beauty benefits associated with the ingestion of hydrolyzed collagen. For instance, the ingestion of hydrolyzed collagen enhances the health of skin by reducing the dryness and wrinkles. It also increases the muscle mass, improves bone health, and provides relieve from joint pain. The Hydrolyzed Collagen Market size was valued at $928.1 million in 2018 and is expected to reach $1,466.5 million by 2026, registering a CAGR of 5.9% from 2019 to 2026.
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Recently, the sports nutrition has become a macro trend and is a substantially growing market worldwide. This is attributed to growth in consumer awareness regarding the benefits related to exercise and sports nutrition products including nutritional bar, sports beverages, and more, which further extended the scope of sports nutrition products from a professional athlete's niche market to a prevailing consumer market.
Prominent Market Players
The key players operating in the hydrolyzed collagen industry are Nitta Gelatin, Inc., GELITA AG, FOODMATE CO., LTD., Hainan Zhongxin Chemical Co., Ltd. (ZXCHEM). , GELNEX, SUBONEYO Chemicals Pharmaceuticals P Limited, Rousselot, Connoils, Naturin Viscofan GmbH, and Essen Nutrition.
Increase in level of confidence regarding the proven benefits of nutricosmetics drives the consumers to look for supplements that can bring beauty from within. Thus, this fact offers huge opportunity for nutricosmetics manufacturers. Hydrolyzed collagen is beneficial for making skin, hair, and nails healthy and thus can be used as beauty beverages, powders, jelly sticks, capsules, and tablets. Hence, this fact is anticipated to offer immense opportunity for hydrolyzed collagen increasing its adoption in the nutraceuticals industry.
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Based on form, it is classified into liquid, powder, and capsules. In 2018, powder form of hydrolyzed collagen segment accounted for the highest hydrolyzed collagen market share. This is attributed to the fact that the powder form of hydrolyzed collagen easily gets digested and absorb in the body In addition, it is versatile and tasteless in nature; therefore, it can be added to coffee, tea, water, food, and other food & drinks. Hence, making it more popular over the other forms of hydrolyzed collagen available in the market.
The global hydrolyzed collagen market is segmented on the basis of form, application, and region. Based on form, it is classified into liquid, powder, and capsules. By application, the market is divided into food, health & nutrition, pharmaceuticals, cosmetics, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key findings of the study
Based on form, the powder segment accounted for the highest hydrolyzed collagen market share in 2018, growing at a CAGR of 5.5% from 2019 to 2026.
Based on application, the health & nutrition segment occupied the maximum share in hydrolyzed collagen Market Analysis in 2018 and is expected to dominate the hydrolyzed collagen market forecast
Based on region, North America accounted for about 32.2% in 2018 of the hydrolyzed collagen market by share and is expected to grow at a CAGR of 5.5%.
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