Collagen Market – Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast The Europe collagen market is expected to expand at significant CAGR during forecast period 2021– 2028. The growth of the market is attributed to use of collagen in cosmetic care and health care, increase in disposable income, increase in awareness toward health, and increase in population.
Collagen is an important protein in human body. Collagen provide cells a support structure which provide skin elasticity and strength, collagen help to relive joint pain, prevent bone loss, improve skin health, and increase muscle mass. The Covid-19 pandemic affected the demand and supply of magnesium market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
Major application of collagen in health care industry is projected to boost the market in the coming years. Rapid growth in food and beverage industry is estimated to drive the market major factor fueling the market in coming years. Collagen is classified as risk material by European commission due to major BSE infection, which is anticipated to restrict market growth. Lack of awareness about collation possesses a main challenge that can hamper the market expansion in the coming year.