Market Size of China Collagen Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.32 % |
| Fastest Growing Market | Food and Beverages |
| Largest Market | Personal Care and Cosmetics |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Collagen Market Analysis
The China collagen market was valued at USD 91.0 million for the current year and is projected to register a CAGR of 5.32% over the next five years.
- Upsurged demand for healthy foods, especially skin-boosting foods, surged the collagen demand in the food and beverages segment, thus making it a leader in the end-user category. Further, high bioavailability, low energy content, and its acceptance as a fat alternative are the major factors expected to contribute toward the market's fastest growth. Numerous functionalities and an upsurged demand for protein-fortified skincare products propel the personal care and cosmetics segment's growth in the forecast period. Additionally, with animal-based collagen with a price half that of marine-based collagen and the ability to accommodate shellfish sensitivities, the segment was able to take the lead in the by-source category.
- The rise in demand for collagen products may also have been influenced by Chinese consumers' increasing awareness of health and wellness trends and their developing middle class's improved spending power. Since collagen is often linked to skin health and appearance. As a result, it is driving interest in anti-aging and skin rejuvenation products. Collagen-based vitamins and cosmetics have gained popularity as individuals explore ways to keep their looks young and enhance skin health.
- The growing trend for cruelty-free and sustainable products is the future driving the animal-free collagen market. For instance, Gelita partnered with Geltor, a design company creating high-value designer proteins through fermentation, to develop, produce, and market the first ingestible animal-free collagen proteins. Through this partnership, Geltor would design and produce premium biodesigned collagen, whereas Gelita would conduct clinical research and commercialize the product as an addition to its existing collagen portfolio. Expanding its portfolio will consolidate Gelita's position as an industry leader and help it meet market demand. Moreover, the company has significant operations in China. Therefore, all these factors act as major drivers for the collagen market in China.
