South Korea, Seoul, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Fact.MR A Market Research and Competitive Intelligence Provider: The global collagen hydrosylate market is currently valued at US $ 1.09 Billion and expected to witness a CAGR of 7.8% to reach $ 2.34 Billion by the end of the forecast period.
Changing and evolving lifestyles, increased e-commerce platform penetration, surge in collagen demand for use in various wound healing therapies and aesthetic procedures is expected to boost the growth of the market.
Widespread use in nutritional supplements and surge in need for nutritious diets is expected drive the sales of the market. Besides this, climatic shifts and altered dietary patterns are contributing to various health issues for the people. Health-conscious consumers are predicted to have a good impact on the market.
Moreover, as per the Council for Responsible Nutrition, 68 percent of Americans use dietary supplements that include collagen hydrosylates. Also, consumption of collagen hydrosylate has increased throughout the region, especially in developed regions.
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In addition to this, demand for hydrolyzed collagen in the personal care sector is rising and consumers are inclined towards various ingredients including collagen hydrosylate to achieve glowing skin. Moreover, collagen hydrosylate is also widely used in anti-ageing products due to its hydrating and skin-healing properties.
Besides this, collagen hydrosylate is easy to combine with food products. Its easy to use feature is providing suppliers with significant market opportunities.
Key Takeaways:
Growth Drivers:
Restraints:
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Competitive Landscape:
Key manufacturers in the market are focusing on wide-ranging applications of collagen hydrosylate in numerous sectors. Moreover, the market for collagen hydrosylate is witnessing an increase in manufacturers as a result of expanding consumer demand across attractive regions. For instance,
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Fact.MR, in its new offering, presents an unbiased analysis of the global Hydrolyzed Collagen Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by Form (Hydrolyzed Collagen Powder & Hydrolyzed Collagen Tablets) By Source (Bovine, Hide Bones & Pig Skin) By Packaging Type, By End-Use and By Region Global Market Insights 2032
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