South East Asian Collagen Market Worth 142.84 Million USD by 2023, Says Meticulous Research™
The South East Asian Collagen Market by Product (Collagen Peptide and Gelatin), Source (Porcine, Bovine, Marine, Chicken, Sheep, and Other Animals), Application (Food and Beverages, Cosmetics, Nutraceuticals, Pharmaceuticals, Healthcare, and Technical)
(EMAILWIRE.COM, April 26, 2018 ) The South East Asia collagen market will grow at a CAGR of 7.2% from 2018 to 2023 to reach USD 142.84 million by 2023, mainly driven by “growing inclination towards protein consumption & nutricosmetics; increasing use of collagen in food, healthcare, and technical applications; and rising use of collagen based biomaterials. However, factors such as need of compliance with various standards and stringent regulations due to safety concerns, religious constraints, and growing use of alternatives are expected to hinder the growth of this market to some extent” notes Meticulous Research™.
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The report also notes that, gelatin is expected to dominate the South East Asian collagen market during the forecast period. The application of gelatin has been significant in pharmaceutical industry, as it is primarily being used to make the shells of hard and soft capsules, tablets, granulation, suppositories, plasma substitute for medicines, dietary/health supplements, syrups, etc.
Further, pig collagen accounted for the major share of the South East Asian collagen market in 2017, owing to the large amount of pork being consumed in this region that results in the abundant availability of raw material for the collagen manufacturing. Also, pig skin is the most favoured source of collagen, as the other sources like fish collagen are exposed to denaturation and exhibits inferior gelling, emulsifying, foaming, and film-forming properties to those of commercial pig skin gelatin.
Geographically, Indonesia commanded the largest share in the South East Asian collagen market in 2017, which is attributed to its booming food processing industry due to growing population, increased urbanization, growing awareness of healthy products, rising incomes, the shift of consumers towards modern retail stores, and growing tourism industry. In addition, Indonesia’s fast-growing economy and growing livestock and meat processing industry further drives the market for collagen in this country.
Browse in-depth report on: https://www.meticulousresearch.com/product/south-east-asia-collagen-market-2023/?utm_source=emailwire.com
Report Scope:
Market by Product
Gelatin
Collagen peptide
Market by Source
Porcine
Bovine
Marine
Chicken
Sheep
Other animals
Market by Application
Food and beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Healthcare
Technical
Market by Geography
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Singapore
RoSEA.
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About Meticulous Research™
Meticulous Research™ is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact Info:
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research™
Email: viren@meticulousresearch.com
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Request Sample Report: https://www.meticulousresearch.com/request-sample-report/?cp_id=3634&utm_source=emailwire.com
The report also notes that, gelatin is expected to dominate the South East Asian collagen market during the forecast period. The application of gelatin has been significant in pharmaceutical industry, as it is primarily being used to make the shells of hard and soft capsules, tablets, granulation, suppositories, plasma substitute for medicines, dietary/health supplements, syrups, etc.
Further, pig collagen accounted for the major share of the South East Asian collagen market in 2017, owing to the large amount of pork being consumed in this region that results in the abundant availability of raw material for the collagen manufacturing. Also, pig skin is the most favoured source of collagen, as the other sources like fish collagen are exposed to denaturation and exhibits inferior gelling, emulsifying, foaming, and film-forming properties to those of commercial pig skin gelatin.
Geographically, Indonesia commanded the largest share in the South East Asian collagen market in 2017, which is attributed to its booming food processing industry due to growing population, increased urbanization, growing awareness of healthy products, rising incomes, the shift of consumers towards modern retail stores, and growing tourism industry. In addition, Indonesia’s fast-growing economy and growing livestock and meat processing industry further drives the market for collagen in this country.
Browse in-depth report on: https://www.meticulousresearch.com/product/south-east-asia-collagen-market-2023/?utm_source=emailwire.com
Report Scope:
Market by Product
Gelatin
Collagen peptide
Market by Source
Porcine
Bovine
Marine
Chicken
Sheep
Other animals
Market by Application
Food and beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Healthcare
Technical
Market by Geography
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Singapore
RoSEA.
Download PDF Brochure @ https://www.meticulousresearch.com/request-brochure/?cp_id=3634&utm_source=emailwire.com
About Meticulous Research™
Meticulous Research™ is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact Info:
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research™
Email: viren@meticulousresearch.com
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Contact Information:
Meticulous Research™
Viren Shrivastava
Tel: +91 744-7780008
Email us
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Meticulous Research™
Viren Shrivastava
Tel: +91 744-7780008
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results