Market Size of India Collagen Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.62 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Collagen in India Market Analysis
The India collagen market size is expected to grow from USD 62.59 million in 2023 to USD 90.38 million by 2028, at a CAGR of 7.62% during the forecast period.
- India's collagen market is driven by the various applications of collagen in the end-user industries, including supplements, beauty & personal care, and food & beverages, among others. Collagen-based products, on the other hand, are consumed across the country, not only as beauty supplements but also as effective supplements to deal with physical ailments for consumers with osteoarthritis, arthritis, and other bone and joint health ailments.
- According to a survey conducted by GOQii, a preventive health company that is recognized by government entities like the Central Drugs and Standard Control Organization (CDSCO, Ministry of Health), in the year 2020, 23% of respondents in NCR Delhi had arthritis, whereas, 18% of respondents had arthritis in Mumbai.
- Likewise, a substantial number of individuals across India suffer from this disease. This indicates that collagen ingredients have a huge potential for growth in the nation due to their applications in bone and joint health supplement products. Animal-based collagen has a price that is half of that of marine-based collagen and has the ability to accommodate shellfish sensitivities. The segment was able to take the lead in the source category.
- The high demand for healthy foods, especially skin-boosting foods, has surged in India over the past few years. Among all the nutrients and proteins, collagen-based products have been gaining traction across the nation. So, the rising demand for fortified food and beverages is expected to drive the demand for collagen and other such ingredients in the market studied.
- The market in India is currently dominated by trends that blend non-gluten protein sources, catering to the preferences of both indulgent consumers and health-conscious individuals. Furthermore, the growing awareness among customers regarding the advantages of collagen-based beauty products has prompted manufacturers to integrate collagen into their product offerings in the personal care sector.
- For instance, the Face Shop pomegranate and collagen volume lifting cream contains marine collagen, which provides resilience to the skin and prevents the formation of lines and wrinkles, thereby reducing signs of aging. An increase in the number of such innovations is also expected to drive the demand for collagen across India.
India Collagen Industry Segmentation
Collagen can be defined as the structural protein produced by the body. Collagen plays a crucial role in the structure & function of cartilage, connective tissue, skin, and bones.
India's collagen market is segmented by form and end-user. By form, the market is segmented into animal-based and marine-based. By end-user, the market is segmented into animal feed, personal care & cosmetics, food & beverages, and supplements. The food & beverages segment is further sub-segmented into the bakery, beverages, breakfast cereals, and snacks. Additionally, the supplement segment is further segmented into elderly nutrition and medical nutrition, and sport/performance nutrition.
The market sizing has been done in value terms in USD and for volume terms in volume in tons for all the abovementioned segments.
Form | |
Animal Based | |
Marine Based |
End-User | ||||||
Animal Feed | ||||||
Personal Care and Cosmetics | ||||||
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India Collagen Market Size Summary
The collagen market in India is projected to grow significantly, driven by the diverse applications of collagen in various industries including supplements, beauty and personal care, food and beverages, among others. Collagen-based products are consumed across the country, not only as beauty supplements but also as effective supplements for physical ailments such as osteoarthritis and arthritis. The market is seeing a surge in demand for healthy foods, particularly skin-boosting foods, with collagen-based products gaining traction across the nation. Moreover, the market is currently dominated by trends that blend non-gluten protein sources, catering to both indulgent consumers and health-conscious individuals. The increasing popularity of marine collagen as a fat alternative is expected to contribute towards making the marine collagen source the fastest-growing segment. Marine collagen is being recognized for its health benefits, including anti-aging properties and wound healing capabilities. The easy availability of raw materials allows collagen manufacturers to offer collagen to end-user industries at competitive prices. The Indian collagen industry is highly competitive, with both regional and international companies offering their solutions. Major players in the market have been using strategies such as expansions, partnerships, and mergers & acquisitions to cater to the growing demand for collagen across the nation and to strengthen their position in the market.
Explore MoreIndia Collagen Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Wide Application and Benefits of Collagen Across End-User Industry
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1.1.2 Implementation of Business Strategies by Market Players
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1.2 Market Restraints
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1.2.1 Intolerance of Vegetarian/Vegan Population Towards Animal Sourced Protein
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Form
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2.1.1 Animal Based
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2.1.2 Marine Based
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2.2 End-User
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2.2.1 Animal Feed
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2.2.2 Personal Care and Cosmetics
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2.2.3 Food and Beverages
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2.2.3.1 Bakery
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2.2.3.2 Beverages
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2.2.3.3 Breakfast Cereals
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2.2.3.4 Snacks
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2.2.4 Supplements
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2.2.4.1 Elderly Nutrition and Medical Nutrition
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2.2.4.2 Sport/Performance Nutrition
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India Collagen Market Size FAQs
What is the current India Collagen Market size?
The India Collagen Market is projected to register a CAGR of 7.62% during the forecast period (2024-2029)
Who are the key players in India Collagen Market?
Jellice Group, Nitta Gelatin Inc., Gelita AG, Tessenderlo Group and Titan Biotech are the major companies operating in the India Collagen Market.