Market revenue in 2022 | USD 96.1 million |
Market revenue in 2030 | USD 214.3 million |
Growth rate | 10.5% (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 63.37% in 2022. Horizon Databook has segmented the Philippines collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The rising demand for collagen-based skincare products, cosmetics, and its growing applications in the food & beverages industry owing to changing lifestyles are expected to drive the demand for collagen, which, in turn, is expected to trigger the demand for animal origin sources.
The growing aging population in the country has triggered the consumption of anti-aging creams. Besides the aging population, younger consumers in the country are becoming image-conscious and concerned about their skincare routines.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines collagen market , including forecasts for subscribers. This country databook contains high-level insights into Philippines collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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