According to the research report titled ‘Global Hydrolyzed Collagen Market 2022-2028’, available with MarketStudyReport, global hydrolyzed collagen market was worth USD 1021 million in 2021 and is anticipated to expand at a CAGR of 6.1% over 2022-2028 to attain a valuation of USD 1545 million by forecast period-end.

Report findings suggest that applications of the product in cosmetics, food & beverages, and pharmaceuticals is the major growth determinant for global hydrolyzed collagen market.

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For the unversed, collagen is a protein made up primarily of the amino acids like glycine, proline, and hydroxyproline, and is one of the most important proteins generated by the human body. Hydrolyzed collagen is a type of collagen that has been broken down into more easily soluble amino acids and is commonly used as a dietary supplement in the form of collagen powder.

However, the threat of substitutes of hydrolyzed collagen may stifle the market expansion during the analysis timeframe.

The research offers in-depth analysis into the present scenario as well as the most recent trends in the hydrolyzed collagen industry. The influence of the COVID-19 crisis on the marketplace is also examined in this study.

Based on source, the industry is divided into marine, poultry, porcine, bovine, and others. In terms of application ambit, the marketplace is branched into healthcare, food & beverages, cosmetics, and others.

Geographically speaking, the latest happenings in the market sphere are studied across Europe, Asia Pacific, North America, and rest of the world. Profitable prospects are identified and strategies are explained to enable stakeholders in amplifying their earnings.

Speaking of competitive landscape, Weishardt Holding SA, Rousselot BV, PB Gelatins GmbH, Nitta Gelatin Inc., Lapi Gelatine SpA, Juncà Gelatines SL, Gelita AG, Copalis Sea Solutions, Connoils LLC, BioCell Technology LLC, and Baotou Dongbao Bio-tech Co. Ltd. are the leading players in global hydrolyzed collagen marketplace.

The study also monitors and analyses competitive changes in the market, such as collaboration, mergers and acquisitions, distribution network, and R&D activities. Additionally, it makes inclusion of inferences from Porters Five Forces analysis to help both existing players and new entrants to make profitable investments.