Posted on Wednesday, July 05, 2017 at 7:41 am CDT
The global collagen market will grow at a CAGR of 6.5% from 2017 to 2022 to reach $4,572.7 million by 2022, driven by the increasing use of collagen in food industries, growing inclination towards healthy diet & protein consumption, increasing use of collagen based on biomaterials, and growing applications in Nutri-cosmetics, healthcare & pharmaceuticals. In addition, rise in per capita income in developing nations and growing food processing industry further provides significant opportunities in this market. However, factors such as safety concerns, religious constraints, and growing use of alternatives such as pectin gels, modified starch gels, high acyl gellan gum, and carrageenan could restrict the growth collagen market to some extent.
Source: Meticulous Research