Gulf collagen market collagen's versatility in serving different functions, such as an emulsifier, binder, stabilizer, and more, has led manufacturers to promote its usage in various applications. Manufacturers actively highlight the benefits offered by their collagen brands, targeting different end industries. This approach helps in expanding the market reach beyond traditional sectors like food and cosmetics. Promoting collagen as a valuable ingredient for diverse applications, manufacturers tap into new market segments within the Gulf region, driving increased adoption and demand for collagen-based products across a wide range of industries.
According to Data Bridge Market Research, the Gulf Collagen Market is expected to reach USD 897.04 million by 2029 from USD 598.57 million in 2021, growing with a CAGR of 5.3% in the forecast period of 2022 to 2029.
“Rich protein content in collagen products facilitates market growth”
The rich protein content in collagen products serves as a major driver for the Gulf collagen market. Collagen, being a primary structural protein in the body, offers numerous health benefits. Its high protein concentration makes it an ideal choice for consumers seeking protein-rich supplements and functional foods. The growing awareness and demand for protein-based products, driven by the increasing focus on health and wellness, propel the market growth in the Gulf region. Collagen's ability to support joint health, promote skin elasticity, and aid in muscle recovery further contribute to its popularity, driving the expansion of the Gulf collagen market.
What restraints the growth of the Gulf collagen market?
“Lack of proper processing technologies”
The Gulf collagen market faces a restraint due to the lack of proper processing technologies. Insufficient infrastructure and limited access to advanced processing methods hinder the efficient production of collagen-based products. The absence of sophisticated technologies for extraction, purification, and preservation negatively impacts the overall quality and efficacy of collagen in the market. This limitation not only restricts the development of innovative collagen solutions but also affects the competitiveness of Gulf-based companies. Addressing this restraint by investing in modern processing technologies can unlock the market's full potential and lead to substantial growth in the Gulf collagen industry.
Segmentation: Gulf Collagen Market
The Gulf collagen market is segmented on the basis of product type, type, form, source, product category, function, and application.
- On the basis of product type, the Gulf collagen market is segmented into gelatin, hydrolyzed collagen, native collagen, collagen peptide, and others.
- On the basis of type, the Gulf collagen market is segmented into type into type I, type II, type III, and type IV.
- On the basis of form, the Gulf collagen market is segmented into powder and liquid.
- On the basis of source, the Gulf collagen market is segmented into bovine, poultry, porcine, marine, and others.
- On the basis of product category, the Gulf collagen market is segmented into GMO and Non-GMO.
- On the basis of function, the Gulf collagen market is segmented into texture, stabilizer, emulsifier, finding, and others.
- On the basis of application, the Gulf collagen market is segmented into food products, beverages, nutraceuticals and dietary supplements, cosmetics and personal care, animal feed, laboratory tests, and others.
Regional Insights: Saudi Arabia is expected to dominate the Gulf collagen market
Saudi Arabia is projected to emerge as the dominant force in the Gulf collagen market because of its large consumer market and high GDP, with the majority share in the market, Saudi Arabia benefits from a strong position to cater to the growing demand for collagen-based products. The country's favorable economic conditions contribute to its leading position in the Gulf region's collagen industry.
During the forecast period, the UAE is anticipated to dominate the Gulf collagen market and experience the highest compound annual growth rate (CAGR). This can be attributed to the robust sales of premium collagen-based products in the country. With a focus on high-quality offerings, the UAE holds a prominent position in meeting the increasing demand for collagen in the Gulf region, driving its market growth.
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Recent Developments in Gulf Collagen Market
- In May 2021, Rousselot launched X-Pure GelDAT, a Gelatin Desaminotyrosine, to meet customer demands and overcome barriers in clinical translation. This innovative product aims to address the specific needs of customers and facilitate the translation of research findings into clinical applications, offering new possibilities in the field of gelatin-based solutions.
- In June 2020, Nestlé Health Science (NHSC), the leading global player in nutritional science, acquired a majority stake in Vital Proteins LLC, aiming to broaden their wellness platform worldwide. Through collaborations, joint ventures, and strategic initiatives, NHSC has strengthened its position in the collagen market, enabling enhanced offerings in the Gulf collagen market. This acquisition marks a significant development for the company, reflecting its growth and expansion strategy as of June 2020.
The Prominent Key Players Operating in the Gulf Collagen Market Include:
- COBIOSA (Spain)
- PB Leiner (A Part of Tessenderlo Group) (Belgium)
- ConnOils LLC (U.K.)
- Holista Colltech (Australia)
- Ashland (U.K.)
- DSM (Netherlands)
- Collagen Solutions Plc (U.K.)
- Rousselot (France)
- ADVANCED BIOMATRIX, INC. (U.S.)
- Proteïn S.A. (France)
- Queen (U.S.)
- GELITA AG (Germany)
- Collagen Solutions Plc (U.K.)
- Vital Proteins LLC (U.S.)
- Weishardt (France)
- SMPNutra.com (U.S.)
- Titan Biotech (India)
- Elnasr4Gelatin (Egypt)
- Sel Sanayi AS (Turkey)
- Halavet Food (Turkey)
- SelJel Jelatin A.S. (Turkey)
Above are the key players covered in the report, to know about more and exhaustive list of Gulf collagen market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Gulf Collagen Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
