ID: MRFR/F-B & N/8649-HCR | February 2021 | Region: Global | 90 pages
Global Collagen Supplements Market is projected to reach a value of approximately USD 3.2 Billion by 2026, with a CAGR of 5.2% from 2020 to 2026. Collagen supplements play an important role in maintaining healthy skin. Collagen supplements provide protein that promotes the composition of bones, tendons, cartilage, and also helps in maintaining skin elasticity and firmness. Collagen supplements act directly on the skin cells and minimize the formulation of wrinkles while providing skin elasticity and hydration. Collagen supplements offer many health benefits, such as better skin health, improved joint health, increased muscle mass, and better cardiovascular health. Collagen supplements help in relieving joint pain. With an increase in age, the amount of collagen in the body decreases, and there is a risk of joint disorders such as Osteoarthritis. The rising adoption of collagen supplements as nutricosmetics has created lucrative opportunities for the players in the global collagen supplements market. Initiatives by the key players are driving the growth of the market. For instance, in 2020, Sheseido Co. Ltd launched collagen drinks in a variety of flavors. The above factors are anticipated to create substantial growth opportunities for the collagen supplements market.
Global Collagen Supplements Market has witnessed high growth in recent years due to an increase in consumer awareness regarding the benefits of collagen peptides and tripeptides infused in human nutrition, which is gaining traction in both nutrition as well as the cosmetics market, contributing to the growth of the global collagen supplements market. The consumers’ growing desire to prevent premature aging, along with the growing preference for natural, safe, and effective beauty solutions, and protein and amino acids derived nutricosmetics, such as collagen, is driving the growth of the global collagen supplements market. Market players are focused on investing in research and development to meet the demand of consumers.
Increase in the adoption of collagen supplements in nutricosmetics
By Distribution Channel
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Form, Source and Distribution Channel|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Amway Corp. (US), Herbalife International of America, Inc. (US), SMP Nutra. (US), Gelita AG (Germany), Shiseido Co. Ltd (Japan), Vita Proteins LLC (US), Everest Neocell LLC, Hunter & Gather Foods Ltd (UK), Nutraformis Limited (UK), Garden of Life LLC (US)|
|Key Market Opportunities||Increase in the adoption of collagen supplements in nutricosmetics.|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Global Collagen Supplements Market is expected to record a substantial market valuation of USD 3.2 billion by 2026.
Global Collagen Supplements Market is projected to register a moderate 5.2% CAGR in the forecast period.
The animal segment is expected to observe substantial demand over the review period.
The store-based segment is slated to expand as the fastest-growing segment.
A few eminent market players operating in the global collagen supplements market are Amway Corp. (US), Herbalife International of America, Inc. (US), SMP Nutra. (US), among others.