Global Collagen Market Will Grow At A CAGR Of About 10.0% From 2016 To 2020


Posted August 9, 2016 by lisali

According to an authoritative forecast, the global collagen market will increase to USD 6.6 billion by 2020 from USD 4.5 billion in 2015.
 
Collagen is a type of protein. Fibrous in nature, it connects and supports other bodily tissues, such as skin, bone, tendons, muscles, and cartilage. It also supports the internal organs and is even present in teeth. There are more than 25 types of collagens that naturally occur in the body.
Collagen is one of the most plentiful proteins present in the bodies of mammals, including humans. In fact, it makes up about 25 percent of the total amount of proteins in the body. Some people refer to collagen as the glue that holds the body together. Without it, the body would, quite literally, fall apart.
It has great tensile strength, collagen functions in a manner that is very different from many other types of proteins. For example, it can be found both inside and outside of cells. Collagen fibers are important in contributing to the external structure of cells. However, they are present on the inside of some cells as well.
Collagen works hand-in-hand with elastin in supporting the body’s tissues. Basically, it gives body tissues form and provides firmness and strength; elastin gives the same body tissues much needed flexibility. This combination of collagen and elastin is very important in many parts of the body, including, but not limited to, the lungs, bones, and tendons. Even the blood vessels rely on both collagen and elastin.
Collagen can be divided into two types according to its existence way: endogenously produced collagen and exogenous (supplemental) collagen.
According to an authoritative forecast, the global collagen market will increase to USD 6.6 billion by 2020 from USD 4.5 billion in 2015, growing at a CAGR of about 10.0% from 2016 to 2020. In terms of region, North America and Europe lead the global market of collagen and its products, due to the high level of awareness about the several benefits of these products among the population. The presence of high-end manufacturing capabilities and a constant rise in application areas have also majorly contributed to the flourishing market for collagen in these regions in the past. North America and Europe accounted for about 60% of global collagen market in 2015. Asia-Pacific will be the fastest growing market for collagen in the next few years, this is due to the large population and a serious aging. Asia-Pacific market of collagen is expected to grow at a CAGR of 11.5% within expectations.

Read Full Report: http://www.gosreports.com/global-collagen-industry-2015-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
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Last Updated August 9, 2016