The Collagen Market is on track to grow by USD 3.22 billion, with a projected CAGR of 8.09% from 2023 to 2028. This significant increase is primarily due to the growing applications of collagen within the cosmetics and personal care industry. Recognized as a natural protein, collagen is extensively used in skincare formulations, known for its effectiveness in improving skin elasticity and reducing wrinkle visibility. Additionally, the healthcare industry is experiencing heightened demand for collagen, particularly in supplement form, due to its pivotal role in joint health and wound recovery. The introduction of innovative drug delivery systems that utilize hydrolyzed collagen further expands market opportunities. The adaptability and diverse health benefits associated with collagen underscore its importance across various industries, driving overall market growth. Technavio's analysis aims to provide deeper insights into this evolving market, highlighting trends and identifying potential challenges and opportunities for stakeholders.

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