Core Viewpoint - Collagen, known as the "framework of life," is essential for the human body and is experiencing rapid growth in the domestic beauty and skincare market, with increasing consumer acceptance and focus on efficacy and core ingredients [1] Group 1: Domestic Market and Technology - Domestic recombinant collagen technology is leading globally, with advantages over animal-derived collagen such as no virus risk, low rejection rates, good biocompatibility, and controllable quality [1] - The domestic recombinant collagen industry has a complete supply chain, from raw material research to end applications, and is in a rapid development phase [1] - The government is supportive of the collagen industry, implementing policies for standardization and compliance [1] Group 2: Market Growth and Projections - The market size for domestic recombinant collagen products reached 28.63 billion yuan in 2023, slightly below the 29.79 billion yuan for animal-derived collagen, with a projected CAGR of 41.4% from 2023 to 2027, significantly higher than the 27.7% growth for animal-derived collagen [2] Group 3: Application Areas - In the medical beauty sector, the market for recombinant collagen is expected to grow from 4.3 billion yuan in 2023 to 14.3 billion yuan by 2027, with a CAGR of 35.4%, outpacing the overall growth of injectable medical beauty products [3] - In skincare, the market for functional skincare products is projected to increase from 11.5 billion yuan in 2023 to 66.5 billion yuan by 2027, with a CAGR of 54.9% [3] - In medical dressings, companies like Shierjia and Kefu Mei are launching new products, with the market expected to reach 34.6 billion yuan by 2027, growing at a CAGR of 25.5% [3] - In intimate health, recombinant collagen is making breakthroughs, with products like the recombinant human collagen vaginal dressing showing promise in treating vaginal atrophy and dryness [3] - In hair health, recombinant type XVII collagen is noted for its benefits in reducing hair loss and improving hair density and diameter [3]
东海证券:国内美容护理市场更新换代较快 胶原蛋白行业进入快速发展期
智通财经网·2025-08-05 08:11