Saudi Arabia Collagen Market Size & Outlook, 2022-2030
Saudi Arabia collagen market, 2018-2030 (US$M)
Related Markets
Saudi Arabia collagen market highlights
- The Saudi Arabia collagen market generated a revenue of USD 52.8 million in 2022 and is expected to reach USD 94.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, gelatin was the largest revenue generating product in 2022.
- Hydrolyzed Collagen is the most lucrative product segment registering the fastest growth during the forecast period.
Collagen market data book summary
| Market revenue in 2022 | USD 52.8 million |
| Market revenue in 2030 | USD 94.4 million |
| Growth rate | 7.5% (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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global collagen market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia collagen market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Middle East & Africa and is projected to reach USD 63.4 million by 2030.
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Collagen Market Scope
Collagen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia collagen market outlook
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 68.37% in 2022. Horizon Databook has segmented the Saudi Arabia collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for collagen in Saudi Arabia is benefitted from the rising disposable income of consumers coupled with the increasing geriatric population, which, in turn, has triggered the demand for collagen based cosmetics and wellness products coupled with the use of collagen-based biomedical devices & materials.
The increasing aging population and prevalence of diseases such as diabetes and gastrointestinal disorders are expected to increase the demand for pharmaceuticals in the country over the forecast period.
The demand for the product is growing substantially in the cosmetics industry, owing to the increasing awareness about skincare among the population in emerging economies such as Saudi Arabia.
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Target buyers of Saudi Arabia collagen market databook
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Our clientele includes a mix of collagen market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia collagen market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia collagen market size, by product, 2018-2030 (US$M)
Saudi Arabia Collagen Market Outlook Share, 2022 & 2030 (US$M)
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