Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product Type (Gelatin, Hydrolyzed Collagen, Native Collagen), By Source (Bovine, Porcine, Poultry, Marine, Plant Sources), By Type (Type I, Type II, Other Types), By Application (Nutritional Products, Food & Beverages, Pharmaceutical Products, Cosmetics & Personal Care Products, Medical Devices & Research Grades), By Extraction Process (Chemical Hydrolysis, Enzymatic Hydrolysis, Ultrasound, Acid/Alkali Gelatin Hydrolysis), By Form (Dry, Liquid) And Competitive Landscape
Product Code: ETC4604746 | Publication Date: Jul 2023 | Updated Date: Jun 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Africa Collagen Market |
Forecast period | 2024-2030 |
CAGR | 8.87% |
Growing Sector | Beauty and Personal Care |
Africa Collagen Market report thoroughly covers the market By Countries, By Product Type, By Source, By Type, By Application, By Extraction Process, and By Form. The Africa Collagen Market outlook report provides an unbiased and detailed analysis of the ongoing Africa Collagen Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Collagen Market is projected to grow from approximately USD 150 million in 2024 to around USD 300 million by 2030, with a compound annual growth rate (CAGR) of 8.87% during this period. This growth is driven by increasing consumer awareness of the health benefits of collagen, particularly in the beauty, dietary supplement, and food industries. The rising demand for collagen in skincare products, joint health supplements, and functional foods is further propelling market expansion. Additionally, the trend towards natural and clean-label products, along with innovations in collagen sourcing and formulation, is expected to significantly contribute to the growth of the collagen market across Africa through 2030.
Africa Collagen Market is experiencing a transformative phase characterized by robust growth and dynamic trends. Increasing consumer health consciousness and the escalating demand for wellness and beauty products are pivotal drivers. Collagen, renowned for its benefits in promoting skin health, joint functionality, and overall well-being, is seeing expanding applications across diverse industries including cosmetics, pharmaceuticals, and food and beverages. Key market players are leveraging advanced extraction methods and focusing on sustainable sourcing to meet the rising demand for natural and organic collagen products.
According to 6Wresearch, the Africa Collagen Market size is estimated to grow at a CAGR of 8.87% during the 2024-2030. This growth trajectory is underpinned by several key drivers, including the burgeoning consumer awareness regarding the health benefits of collagen, a rising inclination towards wellness and beauty products, and the increasing applications of collagen across various industries. The market is set to benefit immensely from ongoing advancements in extraction technologies and the emphasis on sustainable sourcing practices.
However, challenges such as regulatory complexities, quality control issues, and supply chain disruptions may impede market growth. Despite these hurdles, the Africa collagen market presents numerous opportunities, particularly in the realm of innovative product development and expanding into untapped segments. As manufacturers continue to invest in research and development, the introduction of new, high-quality collagen products is expected to captivate a broader consumer base and enhance market dynamics significantly.
The Africa collagen market share is currently dominated by a few key players who are driving innovation and expanding their reach across the continent. Notable companies include Holista CollTech Ltd., Gelita AG, and Rousselot, each known for their comprehensive product offerings and commitment to quality. These companies have established robust distribution networks and continue to invest in research and development to create more diverse and sustainable collagen products. Their initiatives not only bolster the Africa Collagen Market Growth but also enhance consumer awareness and acceptance of collagen-based supplements and functional foods.
The Africa collagen industry is poised for significant growth driven by increasing health awareness and the surging popularity of wellness products. The market is expected to benefit from innovations in collagen extraction techniques and the development of novel applications in sectors such as cosmetics, food and beverages, and pharmaceuticals. Additionally, rising demand for natural and organic products is likely to steer the market towards sustainably sourced collagen. Favorable demographics, including a growing middle class and younger population, further underline the market’s positive outlook, anticipating a steady increase in both consumption and product variety.
Government initiatives play a crucial role in shaping the Africa collagen industry. Various African governments are rolling out supportive policies and frameworks aimed at boosting local collagen production and ensuring quality standards. Investments are being made in agricultural and fisheries sectors to provide sustainable sources of raw materials for collagen extraction. Furthermore, regulatory bodies are working towards creating a conducive environment for both local and international players to thrive, including offering tax incentives and grants for research and development. Such proactive steps are expected to accelerate the market's growth and enhance its global competitiveness.
Nutritional products are seeing substantial growth due to the increased consumer focus on health and wellness. Collagen is becoming a popular supplement for its benefits in joint health, skin elasticity, and overall vitality. Moreover, the cosmetics and personal care sector is one of the fastest-growing segments, with a myriad of collagen-enriched products like anti-aging creams, serums, and hair care items hitting the market. The increasing consumer desire for youthful, healthy-looking skin is fuelling this growth.
According to Ravi Bhandari, Research Head, 6Wresearch, Enzymatic hydrolysis has gained traction for its ability to produce high-quality collagen peptides. This process uses specific enzymes to cleave collagen, resulting in a product with more predictable properties and better bioavailability. This segment is expanding rapidly due to increasing demand for bioactive peptides in nutraceuticals and functional foods.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Collagen Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Collagen Market Revenues & Volume, 2020 & 2030F |
3.3 Africa Collagen Market - Industry Life Cycle |
3.4 Africa Collagen Market - Porter's Five Forces |
3.5 Africa Collagen Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa Collagen Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Africa Collagen Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.8 Africa Collagen Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.9 Africa Collagen Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.10 Africa Collagen Market Revenues & Volume Share, By Extraction Process, 2020 & 2030F |
3.11 Africa Collagen Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 Africa Collagen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Collagen Market Trends |
6 Africa Collagen Market, 2020 - 2030 |
6.1 Africa Collagen Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.2 Africa Collagen Market, Revenues & Volume, By Source, 2020 - 2030 |
6.3 Africa Collagen Market, Revenues & Volume, By Type, 2020 - 2030 |
6.4 Africa Collagen Market, Revenues & Volume, By Application, 2020 - 2030 |
6.5 Africa Collagen Market, Revenues & Volume, By Extraction Process, 2020 - 2030 |
6.6 Africa Collagen Market, Revenues & Volume, By Form, 2020 - 2030 |
7 South Africa Collagen Market, 2020 - 2030 |
7.1 South Africa Collagen Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 South Africa Collagen Market, Revenues & Volume, By Source, 2020 - 2030 |
7.3 South Africa Collagen Market, Revenues & Volume, By Type, 2020 - 2030 |
7.4 South Africa Collagen Market, Revenues & Volume, By Application, 2020 - 2030 |
7.5 South Africa Collagen Market, Revenues & Volume, By Extraction Process, 2020 - 2030 |
7.6 South Africa Collagen Market, Revenues & Volume, By Form, 2020 - 2030 |
8 Nigeria Collagen Market, 2020 - 2030 |
8.1 Nigeria Collagen Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 Nigeria Collagen Market, Revenues & Volume, By Source, 2020 - 2030 |
8.3 Nigeria Collagen Market, Revenues & Volume, By Type, 2020 - 2030 |
8.4 Nigeria Collagen Market, Revenues & Volume, By Application, 2020 - 2030 |
8.5 Nigeria Collagen Market, Revenues & Volume, By Extraction Process, 2020 - 2030 |
8.6 Nigeria Collagen Market, Revenues & Volume, By Form, 2020 - 2030 |
9 Kenya Collagen Market, 2020 - 2030 |
9.1 Kenya Collagen Market, Revenues & Volume, By Product Type, 2020 - 2030 |
9.2 Kenya Collagen Market, Revenues & Volume, By Source, 2020 - 2030 |
9.3 Kenya Collagen Market, Revenues & Volume, By Type, 2020 - 2030 |
9.4 Kenya Collagen Market, Revenues & Volume, By Application, 2020 - 2030 |
9.5 Kenya Collagen Market, Revenues & Volume, By Extraction Process, 2020 - 2030 |
9.6 Kenya Collagen Market, Revenues & Volume, By Form, 2020 - 2030 |
10 Rest of Africa Collagen Market, 2020 - 2030 |
10.1 Rest of Africa Collagen Market, Revenues & Volume, By Product Type, 2020 - 2030 |
10.2 Rest of Africa Collagen Market, Revenues & Volume, By Source, 2020 - 2030 |
10.3 Rest of Africa Collagen Market, Revenues & Volume, By Type, 2020 - 2030 |
10.4 Rest of Africa Collagen Market, Revenues & Volume, By Application, 2020 - 2030 |
10.5 Rest of Africa Collagen Market, Revenues & Volume, By Extraction Process, 2020 - 2030 |
10.6 Rest of Africa Collagen Market, Revenues & Volume, By Form, 2020 - 2030 |
11 Africa Collagen Market Key Performance Indicators |
12 Africa Collagen Market - Opportunity Assessment |
12.1 Africa Collagen Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa Collagen Market Opportunity Assessment, By Product Type, 2020 & 2030F |
12.3 Africa Collagen Market Opportunity Assessment, By Source, 2020 & 2030F |
12.4 Africa Collagen Market Opportunity Assessment, By Type, 2020 & 2030F |
12.5 Africa Collagen Market Opportunity Assessment, By Application, 2020 & 2030F |
12.6 Africa Collagen Market Opportunity Assessment, By Extraction Process, 2020 & 2030F |
12.7 Africa Collagen Market Opportunity Assessment, By Form, 2020 & 2030F |
13 Africa Collagen Market - Competitive Landscape |
13.1 Africa Collagen Market Revenue Share, By Companies, 2023 |
13.2 Africa Collagen Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |