Hydrolyzed Collagen Market to grow at a CAGR of 6.7% during 2024-2028
The Hydrolyzed Collagen Market is expected to grow at a CAGR of 6.7% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 430.4 million. In the pharmaceutical industry, hydrolyzed collagen plays a pivotal role in the development of innovative drug delivery systems for various disorders. Hydrolyzed collagen-based products, such as liposomes, sponges, microspheres, shields, and nanoparticles, offer enhanced therapeutic efficacy. Novel hydrolyzed collagen-based drug delivery methods, including liposomes and nanoparticles, provide sustained release and protect active pharmaceutical ingredients (APIs) from stomach acid degradation. Hydrolyzed collagen's ability to encapsulate both hydrophilic and lipophilic medicines, offer greater absorption rates, and function as a powerful matrix for solubilizing substances contributes to the success of liposome gel formulations. These formulations exhibit superior effectiveness and patient compliance compared to conventional ones.
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Technavio analysts predict that the Health and nutrition subsegment will lead the Application segment during 2024 and 2028 In the global hydrolyzed collagen market, the health and nutrition segment is projected to dominate due to escalating consumer awareness regarding the benefits of hydrolyzed collagen. Hydrolyzed collagen, also known as collagen peptides, is a readily soluble form of collagen derived from the breaking down of collagen into easily absorbable amino acids. These amino acids contribute significantly to the body's ability to digest food, synthesize new tissues, and maintain healthy hair, nails, and skin. Moreover, they act as an energy source and offer additional advantages such as water holding capacity, anti-melanogenic properties, and anti-aging effects. Consequently, the demand for hydrolyzed collagen in various health supplements continues to surge due to its moisture-absorption and retention properties.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish increasing adoption of hydrolyzed collagen-based supplements to improve joint conditions and support bone health
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Title: Hydrolyzed Collagen: The Versatile Protein for Connective Tissues, Health, and Beauty Hydrolyzed collagen, a protein derived from the hydrolysis of collagen, has gained significant attention in various industries due to its essential role in maintaining healthy connective tissues and offering numerous health benefits. This protein is rich in essential amino acids, which are crucial for metabolism, energy supply, and cell regeneration. Hydrolyzed collagen is available in various forms, including drinks and powders. Bovine and marine-sourced collagen are the most common types, while plant-based and vegan collagen supplements are gaining popularity. The food-pharma convergence has led to the inclusion of hydrolyzed collagen in nutraceutical industries, preventive healthcare, food and beverages, personal care, cosmetics, and dietary supplements. The pharmaceutical sector also utilizes hydrolyzed collagen for wound healing and aesthetic procedures. Nutrient-dense foods and hydrolyzed collagen supplements offer health benefits, making them an essential addition to a balanced diet. The market for hydrolyzed collagen is expected to grow significantly due to increasing consumer awareness and demand for nutrient-rich foods and supplements.
The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals, supplying products for various industries such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the market's growth is primarily driven by the increasing demand for specialty adhesives and sealants, which are essential components in numerous applications across diverse sectors. These high-performance materials offer superior bonding and sealing capabilities, fueling market expansion throughout the forecast period.
The Hydrolyzed Collagen Market is experiencing significant growth, fueled by the increasing adoption of hydrolyzed collagen-based supplements to improve joint conditions and support bone health. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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