243 Users Online
Collagen Supplements Market Segmented By Product Type (Gelatin, Hydrolyzed, Native) | Type (Type I Collagen, Type II Collagen, Type III Collagen, Type V/X Collagen) | Form (Pills & Gummies, Powder, Liquid/Drink)
According to a new study by Persistence Market Research, the global collagen supplements market generated a revenue of US$ 2,194.1 Million in 2022. Worldwide demand for collagen supplements market is set to accelerate at 6.8% CAGR and top a market valuation of US$ 4,452.08 Million by 2033.
|
Collagen supplements market Size (2022A) |
US$ 2,194.1 Million |
|
Estimated Market Size (2023E) |
US$ 2,319.5 Million |
|
Projected Market Value (2033F) |
US$ 4,452.08 Million |
|
Value CAGR (2023–2033) |
~6.8% |
|
Collective Value Share: Top 3 Countries (2022) |
~35% |
Collagen is the most abundant protein in the body made up of chains of amino acids. It is continually produced in the body and forms the structural framework, providing strength and tensile properties to tissues such as skin, bone, cartilage, tendons, and to muscles and organs.
A lot of attention is paid to bone health by bodybuilders, weight lifters, and fitness fanatics. The rising prevalence of conditions including rheumatoid arthritis, joint discomfort, and other inflammatory bone diseases is also fueling demand for collagen supplements.
The millennials are using advanced technology in the digitally oriented world. By taking the help of online supply channels, they check the reviews, compare the prices of the supplements, take the benefits of the offers or discounts provided by the company and then purchase a collagen supplement that offers the best value of their money.
Furthermore, this generation is not stocked on one particular brand, the majority of millennials like to try new supplements, seek an opportunity for alternative offering and services. Therefore, to gain a comparative advantage and succeed in the market, players need to understand the requirements of millennials and fulfil them on time. For instant, millennials are the most influential and potential purchasing generation in the US and many millennials like to explore new varieties of supplements
FREE Report Sample is Available
In-depth report coverage is now just a few seconds away
Get FREE Report Sample
Collagen supplement market demand is filled due to its advantages in the different spaces of anti-aging medicines, beautifying procedures, therapy of burn casualties, and for the therapy of joint pain and strong infirmities for the older. This wide scope of utilization has supported an all-around flourishing business sector for collagen and worldwide demand for collagen supplement market increased at a consistent CAGR of 5.0% from 2017 to 2022.
Expanding cases of cosmetic medical procedures and the creating interest for corrective guide, for example, anti-aging creams and others have prepared for powerful development of the collagen market. This development is additionally filled by the spread of information and mindfulness about medical care cures through different NGOs and with the assistance of local government
Over the forecast period 2023–2033, the collagen supplement market is anticipated to expand at a CAGR of ~6.8% in terms of value.
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized VersionPeople are now aware about the side effects of the synthetic chemicals in the supplements, so majority of the customers are moving towards natural and organic collagen supplements. With the increasing demand and high investment in R&D facilities, various companies have emerged and are providing with organic products that are verified and safe. The companies are able to deliver 100% organic vitamin and nutritional supplements using natural ingredients, which have no major side effects and thus, are of high demand amongst the customers.
In addition, with the changing lifestyle of the customers adjusting to the current scenario, the demand for supplements are rising.
E-commerce based businesses are offering positive discounts and cash-on-delivery features, which are naturally and additionally boosting and opening new roads for the collagen supplement players in the market. In addition, the rising health concerns and changing lifestyles in the current era are supporting the key players.
Multiple brands are sharing and broadcasting their customer acquisition strategy digitally and the pandemic has led to increase interaction on social media platforms.
Further, this has led to make their business a digital success as they serve the customers with products that are proven to promote focus, memory, energy, mental clarity, and stress reduction. Such reasons are responsible for keeping the trend of collagen supplement at high stake.
Collagen is probably the most read and shared topic in the realm of beauty and health in the current times. Customers can find different brand collagen products and written articles on them in various stores and pharmacy.
Many dermatologists also share their knowledge and view on the collagen like, Tony Castillo, Miami-based registered dietitian, nutritionist and co-founder of “Nutrition for Performance” says that collagen is like a glue that holds everything in the body together.
In addition, the natural protein is responsible for providing strength and elasticity to skin, making it plump and youthful. Thus, all these mentioned factors and social media presence is growing the collagen supplement market.
The change in lifestyle and increasing discretionary income of the people has resulted in growth of their expenditure on personal care and well-being products, which will increase the demand for collagen supplements. According to MedAlrtHelp, the estimated size of the global skincare market worth billions of dollars in 2020 and expected to grow rapidly in upcoming years.
Lifestyle changes also influences individuals towards the entertainment and increase the interest of the customer in movies, glamour, and this interest raises the desire of looking younger, and pretty, which is expected to provide a good opportunity for the players to expand their business portfolio.
Why is France one of the markets for collagen supplements that is expanding most quickly?
Due to the increased consumer awareness of dietary supplements for vitamins and minerals, the market for collagen supplements in France is anticipated to grow at a CAGR of over 8.9% during the forecast years. The creation of EU regulations regarding well-being claims has had a significant positive impact on the local market.
The EU Nourishment and Wellbeing Guarantee Guidelines have urged supplement producers to include micronutrients in their products (NHCR). Strengthened distribution networks have made natural vitamins and comfort available to French consumers.
What is the Role of Vegetarianism in Collagen Supplement Consumption in the U.S.?
With a 25.0% market share, North America dominates the world due to the region's high end-user penetration in the healthcare, personal care, food and beverage, and beverage industries, as well as growing consumer awareness of vegan diets and wholesome eating habits.
The United States currently holds 85.5% of the market in North America, and significant future investments are projected.
Why are Manufacturers of Collagen Supplements Looking towards India?
Due to growing manufacturer investments and rising consumer knowledge of the benefits of collagen for skin, the Indian market for collagen supplements is expected to grow at an exceptional rate of close to 15% CAGR.
The supplement-infused beauty market is evolving too quickly for rules to keep up with it, and even if regulations do tighten, people will always find a way to get around them. Ayurvedic intimacy and faith in natural and organic components like ashwagandha, ginger, Kesar, and turmeric can be credited for the high desire for natural ingredients among Indian customers.
Why Gelatin Collagen So Popular Across Regions?
Gelatin collagen supplements are used as restorative or clinical ingredients in various skin creams and medications to lessen the appearance of wrinkles. Globally, gelatin collagen supplements holds around 52% of the market.
Customers prefer these to collagen peptide infusions and want to incorporate them into their diets. In order to boost their dietary benefits, these ingredients are added to a variety of foods and beverages. As a result, they are frequently used in products for dairy, sports nutrition, drinks, snacks, grains, poultry and meat, and personal care.
How is the Growth of the Collagen Supplement Market Influenced by Porcine Source?
In 2022, the porcine source accounted for ~35.1% of the market. Porcine is rich in proteins, and since animal tissues contain many amino acids, they make up the great bulk of collagen supplements.
These proteins are separated using a variety of methods, including salting-out, basic, corrosive, and catalytic procedures. To meet the growing demand across countries, Tulip Food Company, a conglomerate of Danish Crown, acquired Zandbergen in 2018.
Market participants are developing innovative strategies to reduce operating expenses. Due to increased input costs and retailer power, several actions are being done. Established businesses are closely scrutinizing their operational chains from both the input and output perspectives.
For instance:
|
Attribute |
Details |
|
Forecast Period |
2023–2033 |
|
Historical Data Available for |
2017–2022 |
|
Market Analysis |
US$ Million for Value |
|
Key Regions Covered |
|
|
Key Countries Covered |
|
|
Key Market Segments Covered |
|
|
Key Companies Profiled |
|
|
Report Coverage |
|
|
Customization & Pricing |
Available upon Request |
Product Type:
Type:
Form:
Source:
End Use:
Sales Channel:
Region:
The global collagen supplements market was valued at US$ 2,194.1 Million as of 2022.
Demand for collagen supplements market is projected to increase at 6.8% CAGR and be valued at US$ 4,452.08 Million by 2033 end.
Further, Inc., Glanbia PLC, Hunter & Gather Foods Ltd, The Bountiful Company, Amorepacific Corporation, The Protein Drinks Co., Asterism Healthcare, Hangzhou Nutrition, Biotechnology Co., Ltd., Aneva Nutraceuticals Ltd., Bottled Science Ltd., Wilmar Sugar Pty Ltd., and Elavonne are key market players.
Growing popularity of collagen-based useful products and adoption of collagen supplements products by millennials drive the collagen supplement market.
The market to register around 6.8% CAGR across the 2023-2033 assessment period. Continuous technology developments and rising demand for natural and plant-based products are driving market expansion.
