Market revenue in 2022 | USD 59.0 million |
Market revenue in 2030 | USD 128.3 million |
Growth rate | 10.2% (CAGR from 2022 to 2030) |
Largest segment | Gelatin |
Fastest growing segment | Hydrolyzed Collagen |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen |
Key market players worldwide | Darling Ingredients Inc, Gelita AG, Tessenderlo Group NV, Symrise AG, Collagen Solutions |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to collagen market will help companies and investors design strategic landscapes.
Gelatin was the largest segment with a revenue share of 71.36% in 2022. Horizon Databook has segmented the Ecuador collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The growing consumption of nutraceutical products in Ecuador along with increasing awareness regarding a healthy lifestyle is expected to play an important role in enhancing collagen market size over the forecast period.
The demand for native collagen in the healthcare industry is expected to increase on account of the rising application scope of the product in the treatment of osteoarthritis.
The product finds extensive use in cosmetic formulations for skin whitening, black dots removal, anti-aging, and reduction of wrinkle formation.
Horizon Databook provides a detailed overview of country-level data and insights on the Ecuador collagen market , including forecasts for subscribers. This country databook contains high-level insights into Ecuador collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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