Is Collagen the New Big Thing in the Health and Wellness Industry?
Source Summary
Darling Ingredients and Belgium’s Tessenderlo Group are forming a joint venture to create Nextida, to focus on collagen-based health and wellness products. The venture will combine the companies’ existing collagen businesses to create one entity with a production capacity of 200,000 metric tons across 23 facilities worldwide. The deal, which is subject to regulatory approval will close in 2026, with projected annual revenue of $1.5 billion.