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The collagen supplements market is going through powerful changes filled by a combination of variables that feature the developing revenue in skincare, joint wellbeing, and health. One of the important drivers impelling the development of this market is the rising attention to buyers in regards to the advantages of collagen for skin wellbeing. Collagen, a significant protein that adds to the construction of skin, hair, and nails, has acquired prevalence as an enhancement for advancing skin flexibility and hydration. This increased mindfulness, combined with a desire for regular and preventive ways to deal with skincare, has nudged the interest for collagen supplements as a feature of day-to-day excellence and health schedules.
Evolving socioeconomics, with a maturing populace looking for answers for joint wellbeing and against maturing, contribute altogether to the market elements of collagen supplements. As people age, normal collagen creation diminishes, prompting concerns like joint firmness and kinks. Collagen supplements, accessible in different structures like powders, cases, and fluids, offer a helpful way for buyers to recharge and uphold collagen levels, tending to both restorative and joint wellbeing needs. This double usefulness has extended the customer base, including both excellence cognizant people and those looking for joint help.
One of the most important aspects of the market factors is the influence of websites and online entertainment. Consumers are increasingly turning to online entertainment for information, product recommendations, and surveys, which is propelling the growth of the collagen supplement industry through online stores and online business platforms. Prominent figures and experts in excellence often endorse the benefits of collagen supplements, contributing to the market's growth as buyers seek for easily accessible information and personalized offers.
With the market overwhelmed with different collagen items, buyers might be apprehensive about the genuineness and viability of supplements. Clear naming, straightforwardness about obtaining, and adherence to quality norms are vital for building and keeping up with customer trust. Moreover, makers are addressing concerns connected with allergens by offering collagen supplements obtained from fish, ox-like, or different choices to oblige different dietary limitations. Administrative oversight cultivates shopper certainty and highlights the significance of integrity and credibility in the collagen supplements market.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | By Form, Source, Distribution Channel and Region |
Collagen Supplements Market Highlights:
Global Collagen Supplements Market Overview
Collagen Supplements Market Size was valued at USD 2.2 billion in 2022. The Collagen Supplementsmarket industry is projected to grow from USD 2.3144 Billion in 2023 to USD 3.137132 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2023 - 2030). Rising awareness of nutritional values, the growing middle-class population, and the rising import demand for collagen are facilitating the demand for collagen supplements are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Collagen Supplements Market Trends
- Increased Sales through Organized Retail Channels boost market growth
Increasingly consumers desire to purchase brands that include collagen supplements in their product lineups. In response, physical and online retailers are flooding their websites with photos of more and higher-quality collagen supplement brands. With tangible goods on their shelves, physical retailers are acting similarly.
With creative advertising, numerous retail chains (both offline and online) are actively pushing collagen supplement companies.
The Impressive Growth and incredible profitability of the market for collagen supplements are driving several businesses. They are reacting by making significant investments in R&D. Several businesses have created cutting-edge brands that promise to reverse aging and help individuals look and feel younger while containing collagen supplements. Shiseido Corporation is one of them. Therefore, People are encouraged to use collagen supplements to maintain their health and prevent rheumatoid Arthritis and inflammatory bone diseases Arthritis is more common, enhancing the Collagen Supplements market CAGR across the globe in recent years is another factor driving the growth of the Collagen Supplements market revenue.
Collagen Supplements Market Segment Insights
Collagen Supplements By Form Insights
The Collagen Supplements Market segmentation, based on Form, This segment can be grouped into the following sub-segments: Powders, Capsules, Tablets & Softgels , Drinks & Shots, Others. The anterior Collagen Supplements segment held the majority share in 2022contribution to in respect to the Collagen Supplements Market revenue. This is primarily owing to the rising because People are encouraged to use collagen supplements to maintain their health and prevent rheumatoid Arthritis and inflammatory bone diseases Arthritis is more common, enhancing the Collagen Supplements market.
May 2021 Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein.
June 2020 Vital Proteins, a top collagen brand, and lifestyle and wellness platform that sells dietary supplements, beverages, and food items, was acquired by Nestle Health Science for a controlling interest.
Collagen Supplements By Source Insights
The Collagen Supplements Market segmentation, based on source, includes Animal, Marine. The animal segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The growth of this segment is attributed to collagen supplement being very popular among bodybuilders and athletes. However, the marine & poultry segment is projected to grow at the fastest CAGR of 7.1% over the forecast impacts the market growth of Collagen Supplements positively
November 2020 Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or with a favorite nutritious drinks. This collagen supplement consists of collagen types I,II, and III. This supplement broadened the growth opportunity for the Collagen Supplementsindustry
Figure 1: Collagen Supplements Market, by Source, 2022& 2030(USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Collagen Supplements By Distribution Channel Insights
Based on End Users, the global Collagen Supplements industry has been segmented into Store-based, Non-Store-based. Stored-based held the largest segment share in 2022, the fact that pharmacies are frequently seen as a much more reliable location to buy medications and supplements can be credited to the segment's growth. Services like home delivery via mail and pharmacist consultations also contribute to the segment's expansion. Over the forecast period, the internet segment is anticipated to develop at the quickest CAGR of 7.5%.
Collagen Supplements Regional Insights
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Collagen Supplements market accounted for USD 1 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the growing incidence due to increase in adoption of healthy food & supplements across the region.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: COLLAGEN SUPPLEMENTS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Collagen Supplements market accounts for the second-largest market share due to the availability of cutting-edge treatment facilities, government backing for the growth of the healthcare industry, an ageing population, and an increase in incidence of degenerative disc disease, rheumatoid arthritis, and osteoarthritis. Further, the Germany Collagen Supplements market held the largest market share, and the UK Collagen Supplements market was the fastest growing market in the European region
The Asia-Pacific Collagen Supplements Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the Asia-Pacific region, the middle class is expanding. They, therefore, wish to purchase better goods that can and will enhance their general well-being. Also, compared to past generations, the population in these areas is considerably more health-conscious. Moreover, China Collagen Supplements market held the largest market share, and the India Collagen Supplements market was the fastest growing market in the Asia-Pacific region.
Collagen Supplements Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Collagen Supplements market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Collagen Supplementsindustry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the global Collagen Supplementsindustry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, Collagen Supplementsindustry has provided medicine with some of the most significant benefits. The Collagen Supplements market major player such as 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),and others are working to expand the market demand by investing in research and development activities.
Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein
Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or a favorite nutritious drink. This collagen supplement consists of collagen types I, II, and III. This supplement broadened the growth opportunity for the Collagen Supplements industry.
Key Companies in the Collagen Supplements market includes
- 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)
Collagen Supplements Industry Developments
May 2021 Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein.
June 2020 Vital Proteins, a top collagen brand, and lifestyle and wellness platform that sells dietary supplements, beverages, and food items, was acquired by Nestle Health Science for a controlling interest.
November 2020 Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or with a favorite nutritious drinks. This collagen supplement consists of collagen types I,II, and III.
July 2021 Gelita AG ( Germany) expanded its biotech hub in Frankfurt to develop proteins, including collagen.
Collagen Supplements Market Segmentation
Collagen Supplements By Form Outlook
- Powders
- Capsules
- Tablets & Softgels
- Drinks & Shots
- Others
Collagen Supplements By Source Outlook
- Animal
- Marine
Collagen Supplements By Distribution Channel Outlook
- Store-based
- Non-Store-based
Collagen Supplements Regional Outlook
-
North America
- US
- Canada
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
-
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