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The Africa collagen market size reached nearly USD 344.62 million in 2023. The market is projected to grow at a CAGR of 6.2% between 2024 and 2032 to reach a value of around USD 593.50 million by 2032.
Collagen refers to a type of protein which is abundant in the human body. It performs various functions in the human body, such as holding the cells of the body together and providing elasticity to the skin.
Based on type, the market is segmented into animal-based collagen and marine-based collagen. On the basis of product, the market is classified into gelatine, hydrolysed collagen, native collagen, and synthetic collagen, among others. By application, the Africa collagen market segmentations include dietary supplements, food and beverage, and cosmetics and personal care, among others. The major regions in the Africa market for collagen include South Africa, Egypt, Nigeria, and Algeria, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Africa collagen market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The food and beverage sector accounts for a significant portion of the Africa collagen market share. This can be attributed to the increasing disposable income levels, rising population, and rapid urbanisation across the region, which are propelling foreign direct investments in the food and beverage sector. In addition, collagen is found in high-protein products such as fish, poultry, meat, and egg, among others, which are witnessing a significant demand in the region.
As per the Africa collagen market analysis, South Africa is likely to robustly grow in the forecast period, owing to the country's thriving cosmetics and personal care sector. The rising hygiene and beauty consciousness among South Africans is likely to further propel sales of collagen-based beauty capsules and pure hydrolysed collagen creams and powders in the forecast period.
Gelita AG is a leading food company which manufactures gelatine and collagen peptides for health and nutrition, pharmaceutical, and several other sectors. It was founded in 1875 and is headquartered in Eberbach, Germany.
Ajinomoto Co. Inc. is a multinational food and biotechnology corporation that produces and sells seasonings, fresh frozen foods, and sweeteners, among others. It was established in 1909 and is headquartered in Tokyo, Japan.
SmartPack PTY Ltd. is a company which offers wellness and fitness services. The product portfolio of this company includes collagen powder, keto collagen creamer, and savoury products, among others. The company was founded in 2014 and is headquartered in Muizenberg, South Africa.
Other Africa collagen market players include The Harvest Table, Creed Living (Pty) Ltd, Collagen & Co., and Namaste Earth (Pty) Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Product |
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Breakup by Application |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 344.62 million in 2023.
The market is estimated to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 593.50 million by 2032.
The burgeoning pharmaceutical sector, the growing demand for anti-ageing and anti-wrinkle cosmetic products, and the increasing awareness pertaining to the advantages offered by collagen-based health supplements are the major drivers of the market.
The key trends in the market include the rising foreign direct investments in the food and beverage sector in Africa, the increasing population levels, and rapid urbanisation.
Animal-based collagen and marine-based collagen are the different types of collagen.
Gelatine, hydrolysed collagen, native collagen, and synthetic collagen, among others, are the major products included in the market report.
Gelita AG, Ajinomoto Co. Inc., SmartPack PTY Ltd., The Harvest Table, Creed Living (Pty) Ltd, Collagen & Co., and Namaste Earth (Pty) Ltd., among others, are the key market players.
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