Asia Pacific Collagen Market Size, Share & Trends Analysis Report By Source (Bovine, Porcine), By Application (Food & Beverages, Healthcare), By Form, By Type, By Product, By Country, And Segment Forecasts, 2024 - 2030

Asia Pacific Collagen Market Size & Trends

The Asia Pacific collagen market size was estimated at USD 2.2 billion in 2023 and is projected to grow at a CAGR of 11.0% from 2024 to 2030. This growth can be attributed to several factors, including the rapid development of economies such as India and China, growing demand for collagen-based films and formulations, the presence of a constantly advancing healthcare industry in the region, increasing demand for collagen-based personal care and skin care products, and rising demand for medical grade collagen in different applications.

In 2023, the Asia Pacific collagen market accounted for a 36.7% revenue share of the global collagen market. Rising economic as well as technological advancements in nations such as Australia and Japan have also been driving demand for this industry. Rising customer expenditure on collagen-based personal care and beauty-enhancing products, continuous growth in demand for bovine and poultry-based collagen from the healthcare industry, and rising inclusion of collagen in the food & beverages industry, such as gelatin in jellies and confectionery products are a few other factors that are expected to influence the industry growth in coming years.

Product Insights

Gelatin dominated the market in 2023 and accounted for 63.0% of the aggregated revenue. Gelatin is widely used as an ingredient in a variety of processes such as functional food formulation, confectionary preparations such as gums, jellies, hard candies (lollipops, caramels), aerated confections, fillings, chewy candies, marshmallows, dessert preparations including ice creams, mousse, cakes, and fruit salads, different gelatin-based products which are used in cardiac surgeries to reduce blood flow and others.

On the other hand, hydrolyzed collagen is expected to experience a CAGR of 11.5% from 2024 to 2030. Hydrolyzed collagen, a group of peptides characterized by low molecular weight, is primarily sourced from the bones and cartilages of bovine animals. It is widely used in the confectionary industry as one of the key ingredients.

Source Insights

Based on the source, bovine-based collagen dominated the market in 2023 with the largest revenue share. This is primarily due to the increasing presence of meat processing industries and slaughterhouses in the region. Demand for meat has been unceasingly growing in some countries of the region, which in turn results in the growth of livestock animals in the region. The lower prices & high availability of bovine-based collagen as compared to collagen sourced from other sources are expected to fuel the growth of this industry.

Other sources of collagen include porcine, poultry, and marine collagen. Other sources include bacterial collagen, plant/vegan collagen, and ovine collagen. Inclination towards the use of vegan/plant collagen is rising globally owing to the changing preference of consumers for vegetarian or plant-sourced collagen supplements in the health and beauty segment.

Form Insights

Dry-form collagen dominated the Asia Pacific market in 2023 due to the greater inclusion of powdered form in health supplements. A constant upsurge in demand and growing consumption of health supplements in the region are expected to generate higher demand for dry collagen in upcoming years.

In recent years, growing demand for functional beverages, accompanied by increasing awareness about health and well-being, has most likely fueled the market growth for liquid collagen during the forecast period.

Type Insights

The type I category dominated the market in 2023 in terms of revenue, owing to its inclusion in several applications, such as cosmetic surgical treatments, drug delivery systems, and biomedical engineering disciplines, such as tissue engineering. Furthermore, type I products with bovine-based collagen are increasingly utilized in different areas of healthcare treatments, such as wound cleaning.

Type II products consist of highly bioavailable proteins. Constant advancements in extraction processes and the growing adoption of highly innovative technology are projected to result in higher demand and propel growth at a lucrative rate in the collagen peptides market during the forecast period.

Application Insights

Based on application, the food & beverages industry held the largest revenue share in 2023. The existence of a prospering meat processing industry and slaughterhouses fortified with years of experience has led to the rising production of collagen in the Asia Pacific. The presence of major sugar confectionery producers in the region is also contributing to the rapid growth of the industry.

Collagen is among the key ingredients commonly used in the manufacturing process of the food and beverage industry, primarily to improve the strength, pliability, and uniformity of products. In addition, it is commonly included as a food additive, which supports the process of improving key characteristics of finished goods such as texture, flavor, and color as well. The revenue generated through various applications of collagen in the healthcare industry are expected to emerge as a major driving force for market growth in the forecast period.

Country Insights

China Collagen Market Trends

The China collagen market dominated the Asia Pacific region and accounted for 29.4% of aggregated revenue in 2023. This large share can be attributed to the easy accessibility of raw materials due to the presence of the beef and fishery industries in the country.

Thailand Collagen Market Trends

The collagen market in Thailand is expected to experience a CAGR of 11.42 % from 2024 to 2030. This projected growth can be attributed to various aspects, including the growing applications of collagen products such as gelatin in the food and beverages industry.

Key Asia Pacific Collagen Company Insights

Some of the key companies in the Asia Pacific collagen industry include NITTA GELATIN, INC., Rousselot, GELITA AG, Titan Biotec, Hangzhou Nutrition Biotechnology Co., Ltd, and others.

• Rousselot is one of the leading companies in the manufacturing and supply of gelatin and hydrolyzed collagen to a variety of industries, including healthcare, food & beverages, and pharmaceuticals. The extensive product portfolio of Rousselot includes multiple products such as Peptan Collagen Peptides, Gelatin, ProTake, Synergy Systems, SiMoGel, and StabiCaps.

• GELITA AG is a key company associated with gelatin collagen and is among the leading global suppliers of collagen proteins. The company is known for delivering ingredients in natural and pure forms while maintaining allergen-free and clean-label characteristics. It supplies collagen to different industries, including healthcare, nutrition, food and beverages, technology, and pharmaceuticals.

Recent Developments

• In April 2024, Nitta Gelatin commenced its Collagen Peptide expansion plan in Kakkanad, Kochi. The project, which is expected to be completed by 2025, is anticipated to increase the company's production capacity to 1150 MT per year from 600 MT per year.

Asia Pacific Collagen Market Report Scope

Asia Pacific Collagen Market Report Segmentation

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Asia Pacific collagen market report based on product, source, form, type, application, and country:

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Gelatin

  • Hydrolyzed Collagen

  • Native Collagen

  • Synthetic Collagen

  • Others

• Source Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Bovine

  • Porcine

  • Poultry

  • Marine

  • Others

• Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Dry

  • Liquid

• Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Type I

  • Type II

  • Other Types

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Food & Beverages

    • Functional Food

    • Functional Beverages

    • Dietary Supplements

    • Confectionary

    • Desserts

    • Meat Processing

  • Healthcare

    • Bone & Joint Health Supplements

    • Wound Dressing

    • Tissue Regeneration

    • Medical Implants

    • Cardiology

    • Drug Delivery

  • Cosmetics

    • Beauty Supplements (Nutricosmetics)

    • Topical Cosmetic Products

  • Others

• Country Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Japan

  • China

  • India

  • Indonesia

  • Thailand

  • Vietnam

  • Philippines