Market revenue in 2024 | USD 125.9 million |
Market revenue in 2030 | USD 251.0 million |
Growth rate | 12.2% (CAGR from 2025 to 2030) |
Largest segment | Gelatin |
Fastest growing segment | Hydrolyzed Collagen |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 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, Rousselot, Sterling Gelatin, Weishardt, Junca Gelatines, Symatese, Collagen Matrix, Inc., Connoils, Advanced Biomatrix, Nitta Gelatin USA |
Gelatin was the largest segment with a revenue share of 62.59% in 2024. Horizon Databook has segmented the Thailand 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 Thailand is expected to be driven by its increasing use in food & beverage preparations. The rising demand for collagen in the production of beverages such as sports drinks and energy drinks are projected to trigger market growth.
The majority of consumers prefer the consumption of collagen through their diet instead of taking it via injections, which, in turn, is likely to result in its higher product penetration in the food & beverage industry.
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