IMARC Group's report "Hydrolyzed Collagen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" provides an extensive analysis of the industry, including hydrolyzed collagen market growth, share, trends, and business opportunities. The report also covers competitor and regional analysis and the latest advancements in the global market.
The global hydrolyzed collagen market size reached US$ 1.09 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.64 Billion by 2028, exhibiting a growth rate (CAGR) of 6.93% during 2023-2028.
Collagen is a protein that is found in the human skin, bones, tendons, ligaments, and other connective tissues. It is responsible for giving these tissues their strength, elasticity, and flexibility. Hydrolyzed collagen is a type of collagen that has undergone a process called hydrolysis, which breaks down the long chains of collagen molecules into smaller fragments called peptides. This process makes hydrolyzed collagen more easily digestible and absorbable by the body, allowing it to be used more effectively for various health benefits. Additionally, its supplements help to counteract this process by providing our bodies with the necessary building blocks to produce more collagen. As a result, it improves skin health by reducing the appearance of wrinkles and increasing skin hydration. Moreover, it is considered a valuable supplement for promoting overall health and wellness.
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The global market is majorly driven by growing health consciousness among the masses. Along with this, the increasing adoption of hydrolyzed collagen in the food and beverage industry to enhance the texture and quality of confectionery products and bars is significantly supporting the market. In addition to this, hydrolyzed collagen is also utilized in the personal care and cosmetic industry on account of its anti-aging and moisture-holding properties acting as another growth-inducing factor. Apart from this, the rising adoption of collagen-infused products to treat various conditions, such as cancer, burns, trauma, and post-surgical outcomes is also contributing to the market. Furthermore, the wide availability of hydrolyzed collagen products across various online and offline shopping platforms is creating a positive market outlook. Some of the other factors driving the market include growing spending in celebrity endorsements and inflating disposable income levels.
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