During the forecast period, the atelocollagen market is projected to register a CAGR of 5.5%, increasing from US$ 7.8 billion in 2021 to reach a valuation of US$ 14 billion by 2032.
Because atelocollagen makes your skin feel better, more people want to use it. They are using it in products that take care of the skin naturally. Sources often find three varieties of atelocollagen: bovine, porcine, and shark. Besides these three, there is also a type of atelocollagen called tilapi.
The atelocollagen market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfill the demand for atelocollagen, making it more accessible to customers in the global atelocollagen market.
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Market Dynamics
Atelocollagen is used in natural skin care products due to its hydrating agent property. In general, three types of atelocollagen are found by sources – bovine, porcine, and shark. Apart from these three, there is another type of atelocollagen seen as tilapi. These atelocollagen have a moisturizing effect and used in skin lotion, cream, beauty essences for the cosmetic industry.
In recent days, manufacturers are using atelocollagen into their products owing to its several benefits related to human skin. Apart from its skincare benefits, it is .also known for its high degree of purity and high plasticity, which make it a perfect cosmetic protein. Atelocollagen is biodegradable; it means it can easily use in the field of cosmetics, medical devices, and in medicine. Its high elasticity allows it to reengineer into different shares such as powder, gel, films, sponge-like structure etc.
Thus it can be easily used in different industries in different forms. These properties and features represent the benefits of using atelocollagen into different products and thus there has been a significant usage recorded into the industry in past few years.
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Atelocollagen is also used in tissue regeneration which further rises the demand for atelocollagen across the globe. The players across the global are focused on an innovation such as cell tissue engineering in cosmetics and other applications. Manufacturers of atelocollagen are continuously investing into their R&D to come up with new products every time. Atelocollagen manufacturers have already contributed to a higher quality of life for millions by providing a wider usage of atelocollagen into several industries with their respective products.
Atelocollagen Market: Regional Outlook
Atelocollagen market has experienced a significant demand in the market owing to its features such as it can be shared in different forms i.e., powder, gel and presence of anti-aging and other skincare properties drive the demand of atelocollagen. Growing skincare concern among population boosts the sale of anti-aging and skin-repairing products, which further drives the demand for atelocollagen products.
The North America market is expected to hold the highest share among all other region followed by Europe. The Asia Pacific region is expected to grow at a significant pace due to the increasing demand from China, Japan, India, Korea, and other countries in this region. The Middle East & Africa is projected to contribute a significant share of the global market over the forecast period.
Atelocollagen Market: Key Players
Some of the major players in the atelocollagen market are Koken Co.,Ltd, Colway International S.A. , Integra LifeSciences, Innocoll GmbH, Sewon Cellontech Co., Ltd., Shengchi, Taike Bio, Collagen Solutions, Collagen Matrix, Symatese, Shuangmei, Maverick Biosciences, REPROCELL USA Inc., Stryker, interchim, Encoll, and DSM, and others.
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Key Segments For Atelocollagen Market
Based On Sources
- Bovine
- Porcine
- Shark
- Other
Based On Form
- Liquid
- Gas
- Gel
Based On Application
- Cosmetics
- Medicine
- Medical Devices
- Food & Supplements
- Others
Based On Region
- North America (USA, Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, United Kingdom, France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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