Collagen Infused Bone Broth Market Forecast and CAGR
According to Persistence Market Research, the collagen infused bone broth market is expected to rise steadily between 2021 and 2031. In the short term, demand for collagen infused bone broth will increase significantly, with a positive long-term growth. Overall, collagen infused bone broth market will have steady growth for the forecasted period.
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What is Driving Demand for Collagen Infused Bone Broth Market?
Today’s consumers are more concerned about the texture and taste of the food that they prepare. Alter in the choices of the consumers, favoring the demand for health beneficial products that are eye appealing and rich in nutritional values. Such kind of food products are being in the demand by the consumers. The necessity of these products is fulfilled by the various types of bone-broth to improve the taste and quality.
Bone broth is a soup prepared from the bones and bone cartilage of either beef or chicken. It has a versatile profile of nutrition with more importance of the high amount of protein. It can also be processed into powder to form an animal protein additive.
Moreover, the collagen infused bone broth is considered for its rich protein values and also beneficial for the healthy joints and skin elasticity. Aforementioned benefits are some of the key factors are driving market of collagen bone broth product.
However, the modern cooking techniques has always been improving the taste, aroma and added values in the products. Health conscious consumers preferably choosing collagen infused bone broth as it provides more of nutritional values and benefits in various ways such as hydration, increases muscle mass and other. Aforesaid factors are some of the key factors which drives the market for the product.
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Global Collagen Infused Bone Broth Market Outlook
Increasing awareness about a healthy living style and the demand for wholesome foods, are expected to result in a significant growth of its marketplace. The products in this marketplace are mostly dedicated to consumers who are searching for a wholesome animal source in a ready-to-eat and easy to consume way.
Owing to the speedy urbanization and economic growth in the regions like Asia Pacific, Europe, North America and South Asia. The increased consumption of processed and packaged food products supported by the growing disposable income sources has push the regional market of collagen infused bone broth products.
The product comprises important minerals such as calcium and magnesium in extensive amount unlike other animal protein-based products which is allowing manufacturers to provide their product at competitive prices over other animal protein sources which is further supporting to the market growth of the product.
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Europe Collagen Infused Bone Broth Market Outlook
With the higher nutrients values of bone broth and vast utilization from various applications to boost the overall demand in developing countries. Along with the changing dietary preferences to increase the popularity of bone broths among the consumers.
The bone broth has been in demand since many decades, due to its benefits. Since the numerous benefits provided by the collagen infused bone broth product is highly in demand, considering aforementioned benefits the market has anticipated to witness the inclined growth for bone broth market in the region.
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North America Collagen Infused Bone Broth Market Outlook
The product which is shelf-stable and refrigerated in has tripled in sales and the majority consumption is by a small but highly engaged set of health-conscious consumers. The retailers are utilizing more and more of this product due to the high available margin and the longer shelf life.
The increasing awareness among the modern consumers about the need for a good proportion of protein in the daily dietary are all shaping the marketplace of the product in the North America region. Furthermore, a dominating non-vegetarian population also adds up to its market growth.
The fitness & supplement industry is also lucrative for its market expansion in North America. These rich in nutrition products are already flourishing with the number of people constantly inclining themselves towards a healthy living style.
Impact of Covid-19 Pandemic on Collagen Infused Bone Broth Market
The Covid-19 pandemic has led to a global health emergency and has affected every economy around the globe. The virus has affected almost every industry including food and beverage. However, the existence of Covid-19 forced consumers to look after healthy diets.
The shifting preferences of customers during the covid-19 pandemic allowed the producers to provide healthy food products which is beneficial for consumers in every manner. The demand for collagen infused bone broth is to uplift the market again owing to its required demand by the never-ending food and beverage industry.
Who are the Key Manufacturers and Suppliers of Collagen Infused Bone Broth?
Some of the leading manufacturers and suppliers of collagen infused bone broth include
- Georgia Nut Company
- Vital Protein LLC.
- Kettle and Fire Inc
- Vital Protein LLC.
- Kettle and Fire Inc
- Paleo Pro LLC
The market of bone-broth is fragmented by the existence of the major companies, determined to tap the market by various partnerships and collaborations.
Additionally, the companies are focusing on providing organic products as a growth strategy. Furthermore, the vast requirement from prominent segments like bakery, confectionaries and other applications is widening the demand associated with the innovative and enhanced products.
- Food Processing Industry
- Fortified Foods
- Fortified Beverages
- Dietary Supplements
By Distribution Channel
- Business to Business
- Business to Consumers
- Supermarkets/ Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retails
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Collagen Infused Bone Broth Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.