The new report by Expert Market Research titled, ‘Global Atelocollagen Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global atelocollagen market, assessing the market based on its segments like sources, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5%
Atelocollagen is a hydrophilic protein with a high moisture retention capacity and is accessible in high purity. Atelocollagen is used for moisturising effects in various skincare products, including lotions, serum, creams, other skincare products, among others, thereby boosting the market growth. The global market’s leading vendors are concentrating on the launch of an innovative product for cell tissue engineering in cosmetics and other applications. The vendors are also focusing on research and development activities for atelocollagen that will help them offer increased application of atelocollagen to improve their customer base in the global atelocollagen market.
Industry Definition and Major Segments
Atelocollagen is a water-soluble collagen that is used in cosmetics and cell culture. Collagen is a connective tissue protein that is important in the extracellular matrix of animals. Collagen has a high biocompatibility with animal tissues as a result of this. By eliminating the telopeptide moieties from tropocollagen, the collagen molecule that makes up collagen fibrils, atelocollagen is generated.
By source, the market is segmented into:
- Bovine Collagen
- Porcine Collagen
- Others
The end-users of the market are:
- Pharmaceutical and Biotechnology Industry
- Cosmetics Industry
- Medical Devices Industry
- Others
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The temperature at which atelocollagen denatures varies by animal species and is higher in creatures that live in warm climates and lower in plants that live in cold climates. As a result, the growing demand for atelocollagen in pharmaceuticals and medical devices is propelling the atelocollagen market forward. The strict government regulations and the rising demand for atelocollagen in regenerative medicine products are one of the key factors expected to augment the growth of the atelocollagen market globally. The presence of abundant meat processing industries and a substantial number of slaughterhouses is anticipated to have encouraged the demand for atelocollagen manufacturers to set up their plants in Europe.
Key Market Players
The major players in the market are Integra LifeSciences Corporation, Innocoll Holdings Limited, KOKEN CO. LTD., Collagen Matrix, Inc., EnColl, and Collagen Solutions Plc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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