Global Collagen Supplements Market Size, Share, Opportunities, And Trends By Form (Powdered Supplements, Capsules, and Gummies, Drinks and Shots, Other Forms), By Source (Animal-based, Marine-based) By Application (Grocery Retail Stores, Pharmacies/Drug Stores, Online Retail Stores, Specialty Stores, Other Distribution Channels), And By Geography - Forecasts From 2023 To 2028
- Published : Jun 2023
- Report Code : KSI061615042
- Pages : 130
The global collagen supplements market was valued at US$1,115.41 million in 2021.
Amino acids are the building blocks of proteins, and various essential nutrients are found in collagen supplements. These supplements are linked to several health advantages, including increased muscle mass, bone preservation, joint pain relief, and improved skin health by minimizing wrinkles and dryness.
An increasing emphasis on leading a healthy lifestyle and increasing product customers are driving market expansion. People are recommended to use collagen supplements to maintain their health and prevent diseases, including rheumatoid arthritis, inflammatory bone disorders, and arthritis, due to the rising prevalence of these conditions. The age group and economic level also significantly impact whether collagen supplements are bought. Collagen is a primary component of hair, nails, bones, skin, tendons, ligaments, muscles, joints, and other organs. Therefore, a collagen supplement can aid in the fight against ageing and other digestive problems. Rising healthcare costs, widespread advertising of processed collagen supplements, and rising disposable income are fueling the market's expansion throughout the projected period.
Due to growing public knowledge of the advantages of collagen, the market is quite competitive. One of the main strategies of businesses to survive in this competitive market is product innovation in terms of flavor and format. Furthermore, leading companies are boosting their spending in R&D activities and improving their offerings to gain a competitive edge due to the ongoing need for collagen as a skincare supplement.
The market is growing due to growing health consciousness among consumers.
The demand for collagen supplements is projected to grow due to an increasing desire for supplements to save healthcare expenditures. Sales of collagen supplements are anticipated to be boosted by novel delivery methods, scientific proof for the claims, and improved customer awareness. One in four Europeans is 60 years of age or older, making Europe the continent with the biggest and oldest population in the world. Among the major European nations, Italy, Germany, France, Denmark, and Spain have some of the oldest populations.
North America is projected to be the prominent share of the collagen supplements market.
North America's leading supplement manufacturers decided to horizontally integrate their product lines and expand their product lines by launching collagen-infused products due to the growing investments made by the collagen ingredient manufacturers and the growing consumer awareness of the benefits collagen offers for skin health. Due to the region's expanding economy and desire to explore healthier goods, the market for collagen-based supplements has been driven by the advantages of healthy aging, focusing on the attractiveness of the skin, hair, and nails. Additionally, there is a growing understanding of the advantages of collagen peptides and tripeptides added to human nutrition, gaining popularity in the nutrition and cosmetics industries and fueling the expansion of collagen-based supplement products throughout the area.
Market Developments:
- In May 2022, Marine Collagen was introduced by MD Logic Health, a US-based manufacturer of natural health and nutritional supplements, along with a unique co-factor combination that includes vitamins A, C, zinc, copper, and biotin. The product is dedicated to all kinds of assurance standards and testing.
- In May 2021, Nestlé Science for Health Vital Proteins had a flagship location in China on Tmall. It intends to inform Chinese customers about the advantages of dietary collagen supplements for skin, immunity, joint health, and athletic performance.
Global Collagen Supplements Market Scope:
Report Metric | Details |
Market Size Value in 2021 |
US$1,115.41 million |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Million |
Segments Covered | Form, Source, Application, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Shiseido Co. Limited, Nestle SA, The Clorox Company, Revive Collagen, Absolute Collagen, Nutraformis Limited, Rejuvenated Ltd, Better Health AB, Zenii Limited, On-Group Ltd |
Customization Scope | Free report customization with purchase |
Market Segmentation:
- By Form
- Powdered Supplements
- Capsules and Gummies
- Drinks and Shots
- Other Forms
- By Source
- Animal-based
- Marine-based
- By Application
- Grocery Stores
- Pharmacies/Drug Stores
- Online Stores
- Specialty Stores
- Other Distribution Channels
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- Thailand
- Indonesia
- South Korea
- Others
- North America
Frequently Asked Questions (FAQs)
Collagen Supplements Market was valued at US$1,115.41 million in 2021.
Prominent key market players in the collagen supplements market include Shiseido Co. Limited, Nestle SA, The Clorox Company, Revive Collagen, and Absolute Collagen, among others.
The collagen supplements market has been segmented by form, source, application, and geography.
An increasing emphasis on leading a healthy lifestyle and increasing product customers are driving the collagen supplements market growth.
North America is projected to be the prominent share of the collagen supplements market.
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