Europe Hydrolyzed Collagen Market is expected to reach US$ 341.95 Mn by 2027


PRESS RELEASE BY The Insight Partners 07 Apr 2021

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Bovine Segment to Dominate Europe Hydrolyzed Collagen Market during 2019–2027

According to The Insight Partners market research study on “Europe Hydrolyzed Collagen Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast – by Source, Application and Country,” is expected to reach US$ 341.95 Mn by 2027 from US$ 230.79 Mn in 2019. The market is estimated to grow at a CAGR of 5.1% from 2020 to 2027. The report provides trends prevailing in the Europe hydrolyzed collagen market along with the drivers and restraints pertaining to the market growth. Rising instances of osteoporosis together with rising consumers awareness and an upsurge in the demand for nutritious and healthy food and beverages are the major factors driving the growth of the Europe hydrolyzed collagen market. However, safety concerns with respect to the use of hydrolyzed collagen may hinder the growth of Europe hydrolyzed collagen market.

The market for Europe hydrolyzed collagen is segmented into source, application, and country. Based on source, the market is segmented into bovine, porcine, poultry, marine, and others. In 2019, the bovine segment held the largest share in Europe hydrolyzed collagen market. Based on application, the Europe hydrolyzed collagen is divided into food & beverages, pharmaceutical & nutraceuticals, personal care, and others. The food and beverages segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Europe hydrolyzed collagen market has been facing difficulties and several countries have suffered heavily. Russia, UK and France are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain.

Gelita AG, Rousselot, Nitta Gelatin Inc., Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering are among the leading companies in the Europe hydrolyzed collagen market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

 

The report segments the Europe Hydrolyzed Collagen Market as follows:

Europe Hydrolyzed Collagen Market – By Source
  • Bovine
  • Porcine
  • Poultry
  • Marine
  • Others
Europe Hydrolyzed Collagen Market – By Application
  • Food & Beverages
  • Phaaceuticals & Nutraceuticals
  • Personal Care
  • Others
Europe Hydrolyzed Collagen Market – By Country
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe
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