Vietnam Collagen Market Size & Outlook, 2022-2030
Vietnam collagen market, 2018-2030 (US$M)
Related Markets
Vietnam collagen market highlights
- The Vietnam collagen market generated a revenue of USD 67.9 million in 2022 and is expected to reach USD 155.1 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 10.9% 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 67.9 million |
| Market revenue in 2030 | USD 155.1 million |
| Growth rate | 10.9% (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, Vietnam accounted for 0.7% 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 Asia Pacific, China collagen market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,427.4 million by 2030.
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Collagen Market Scope
Collagen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Vietnam 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 62.59% in 2022. Horizon Databook has segmented the Vietnam collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
Vietnam has emerged as a potential addressable market for collagen in the Asia Pacific region. The collagen market in the country is primarily driven by the escalating growth of the food & beverage, nutraceutical, and cosmetic industries.
The growth of these sectors in the recent past can be attributed to economic growth in the country on account of steady foreign direct investment, resilient exports, and strong domestic demand. Such factors have led various collagen manufacturers to tap into the Vietnamese market.
Reasons to subscribe to Vietnam collagen market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Vietnam 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 Vietnam collagen market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Vietnam collagen market size, by product, 2018-2030 (US$M)
Vietnam Collagen Market Outlook Share, 2022 & 2030 (US$M)
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