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Monday, October 23, 2023

Africa Collagen Market Growth, Share, Size, Trends, Report, Forecast 2024-2032

Africa Collagen Market Outlook

According to a new report by Expert Market Research titled, “Africa Collagen Market Size, Share, Growth, Analysis, Report and Forecast 2024-2032″, Africa collagen market reached a value of USD 324.20 million in 2023. Aided by the rising usage in biomedical applications and rapid surge in ageing population, the market is projected to further grow at a CAGR of 6.3% between 2024 and 2032 to reach a value of USD 464.82 million by 2032.

Collagen, a protein primarily found in connective tissues, has gained prominence for its myriad of health benefits, particularly in skin health, joint health, and digestive function. In the African context, collagen is increasingly being recognized and incorporated into a variety of products, ranging from beauty creams to dietary supplements.

Africa Collagen Market

The burgeoning beauty and skincare industry in Africa is one of the key Africa collagen market trends driving the market. As African consumers become more aware of the benefits of collagen for skin elasticity, hydration, and overall skin health, there has been a notable uptick in the demand for collagen-infused skincare products.

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Moreover, the continent’s rapidly growing middle class, with increased disposable income and global exposure, is exhibiting a preference for health and wellness products, boosting the Africa collagen market demand. These supplements are hailed for their benefits in promoting joint health, strengthening hair and nails, and boosting overall vitality.

Additionally, the food and beverage industry in Africa is also beginning to embrace collagen. With the health wave sweeping across the continent, collagen-infused foods and drinks, such as bone broths, collagen peptides in smoothies, and other health beverages, are gradually finding their way into urban African households.

The potential applications of collagen in the medical field adds another dimension to the Africa collagen market growth. In various African countries, research is underway to harness collagen’s wound-healing properties, its use in surgical sutures, and its potential role in tissue regeneration. Moreover, the need for educating consumers about the benefits and applications of collagen is paramount. As the market grows, brands will need to invest in awareness campaigns, ensuring that the end consumers understand the product’s value and its multifaceted applications.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/africa-collagen-market

As per the Africa collagen market analysis, the market is set to witness robust growth during the forecast period owing to the growing health consciousness and potential medical applications. The innate demand for health and beauty solutions on the continent ensures a promising trajectory for the collagen market in the coming years.

Africa Collagen Market Segmentation

The market can be divided based on type, product, application, and country.

Market Breakup by Type

  • Animal-Based Collagen
  • Marine-Based Collagen

Market Breakup by Product

  • Gelatine
  • Hydrolysed Collagen
  • Native Collagen
  • Synthetic Collagen
  • Others

Market Breakup by Application

  • Dietary Supplements
  • Food and Beverage
  • Cosmetics and Personal Care
  • Others

Market Breakup by Country

  • South Africa
  • Egypt
  • Nigeria
  • Algeria
  • Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa collagen market. Some of the major players explored in the report by Expert Market Research are as follows:

  • Gelita AG
  • Ajinomoto Co. Inc.
  • SmartPack PTY Ltd.
  • The Harvest Table
  • Creed Living (Pty) Ltd
  • Collagen & Co.
  • Namaste Earth (Pty) Ltd.
  • Others

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