The collagen market predicted to grow by $2.86 billion by 2027

Health
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Veronika Berkesova, Sales Manager at Technavio | Veronika Berkesova Linkedin

Technavio released a report detailing the immense growth of the collagen market, expanding at a CAGR of 7.75% from 2022 to 2027.

According to a Cision's PR newswire article, "the collagen market will primarily be increasing within the food and beverage segment over the analysis period of 2022-2027." The same source noted that fish collagen and other raw collagens which are added commonly to one's diet provide health and nutritional advantages. It emphasized that these supplements play an important role in the food industry as collagen is added to raw materials like meats to help develop their attributes and characteristics.

On Cleveland Clinic's website, it was stated that "collagen is the most abundant protein throughout your body, making up a total of 30% of your body's protein storage." This protein serves as an essential building block for skin, muscles, bones, tendons, ligaments, and connective tissues. It further explained how these proteins play a role in keeping your dermis healthy by growing new skin cells, providing covering and protection for organs and organ systems.

"Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions," said Technavio on their online About Us page. The company has been creating personalized reports since 2003 and released their first ready-made report in 2008.