Do you consider to launch new collagen product or upgrade your existing one, but don't want to confront with fierce competition in the market?
TCI's latest report shows how collagen products can be differentiated.
The global collagen market will reach US$6.6 billion by 2025. The current market size is the largest in North America and accounts for about 40% of the total size.Further cross-analysis of collagen product types and sales regions shows that the growth rate of new collagen products in Latin America and Asia in 2012 to 2016 was 31% and 28% respectively, much higher than Europe (10%) and the United States (18%).
Looking more closely at the food and beverage category, the most common collagen-based foods are mainly gummies and jellies (74%). Other products include chocolate bars and other confectionery.