Market revenue in 2022 | USD 360.1 million |
Market revenue in 2030 | USD 816.7 million |
Growth rate | 10.8% (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 61.98% in 2022. Horizon Databook has segmented the India collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand for collagen in the food & beverage industry in India for the production of jellies and gums is expected to drive market growth. Increasing efforts by the governmental agencies for research & development pertaining to collagen products are likely to boost the market growth.
The economy exhibits a significant amount of beef production, a majority of which is exported to Europe and North America. However, the raw material availability in the country is expected to be hampered by the ban on beef consumption in some states, thereby leading to an increase in collagen imports.
The market for poultry collagen in the economy is expected to register substantial growth on account of its growing use in the healthcare industry. The strong presence of the poultry industry in India is expected to lead to an abundance of raw materials, which is, in turn, expected to translate into market growth for collagen products.
Horizon Databook provides a detailed overview of country-level data and insights on the India collagen market , including forecasts for subscribers. This country databook contains high-level insights into India collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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