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Middle East and Africa Hydrolyzed Collagen Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Source and Application

Middle East and Africa Hydrolyzed Collagen Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Source and Application

  • April 2021
  • 102 pages
  • ID: 6064980
  • Format: PDF
  • The Insight Partners
Up to $1000 off Until Jun 20th 2021

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The Middle East & Africa hydrolyzed collagen market is expected to grow from US$ 73.17 million in 2019 to US$ 115.02 million by 2027; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The GCC food processing industry continues to witness steady growth with a rising population in the Middle East & Africa. The high per capita income, backed with cumulative tourist inflow, is projected supports the hydrolyzed collagen market growth. Moreover, changing lifestyles and growing awareness have transformed consumer preferences, leading to maximized demand for packaged organic food in the region. The growth of three key sectors—manufacturing, wholesales & retail trade, agriculture—assists the overall growth of the food industry in the region. Changing consumer behavior in terms of increasing preference for online shopping portals, changing perception toward product prices, and growing concern about health and food wastage is likely to further change the food industry dynamics over the forecast period in the region. Despite the recent economic slowdown and implementation of Value Added Tax (VAT), the GCC food-processing sector is thriving and managing to maintain steady growth pace, which has bolstered the demand for food additives such as hydrolyzed collagen.

The Middle East & Africa hydrolyzed collagen market, by source, is segmented into bovine, porcine, poultry, marine, and others; the bovine segment led the market in 2019.Bovine hydrolyzed collagen is a common food additive and supplement, and it can be easily and safely added to the routine diet.

It helps improve skin health and prevent bone erosion.This type of collagen hydrolysate is prepared by boiling cow bones or other cattle byproducts in water.

After extraction, it is dried and processed into a powdered form. Bovine collagen hydrolysate has been found to enhance types I and III collagen levels in human body, which is especially beneficial for reducing wrinkles, promoting elasticity, and increasing skin moisture.

The Middle East & Africa hydrolyzed collagen market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the Middle East & Africa hydrolyzed collagen market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Middle East & Africa hydrolyzed collagen market. Gelita AG, Rousselot, Nitta Gelatin, Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering are among the key companies in the market in this region.

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