New York, United States, June 26, 2023 (GLOBE NEWSWIRE) -- Collagen peptides are unique proteins derived from natural sources that support bone health by assisting in bone remodeling, treating joint disorders, and enhancing skin beauty by encouraging the body to produce more collagen and hyaluronic acid. The market is driven by consumers' growing desire to delay premature aging and their increasing demand for nutricosmetics infused with collagen peptides. In addition, the expansion of the market for collagen supplements can be linked to the numerous health and beauty benefits of collagen supplements.
The global collagen supplements market’s major key players are
- Optimum Nutrition Inc
- BioTechUSA
- TCI CO.LTD
- Further Food
- Vital Proteins LLC
- Hunter & Gather
- Shiseido Co. Ltd
- The Clorox Company
- THE BOUNTIFUL COMPANY.
- Codeage LLC
- Everest NeoCell LLC.
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Report Scope
Report Metric | Details |
Market Size by 2030 | USD 3.16 Billion |
Market Size in 2021 | USD 1.96 billion |
CAGR | 5.45% |
Historical Data | 2019-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Form, By Distribution Channel, By Regions |
Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
Key Companies Profiled/Vendors | Optimum Nutrition Inc, BioTech USA, TCI CO.LTD, Further Food, Vital Proteins LLC, Hunter & Gather, Shiseido Co. Ltd, The Clorox Company, THE BOUNTIFUL COMPANY., Codeage LLC, Everest NeoCell LLC. |
Key Market Opportunities | Numerous Fitness and Cosmetic Benefits associated with Collagen Supplement Consumption |
Key Market Drivers | Increasing Emphasis on a Healthy Lifestyle and Rising Demand for the Product |
Key Highlights
- The global collagen supplements market size is projected to reach USD 3.16 billion by 2030, growing at a CAGR of 5.45% during the forecast period (2022–2030).
- Based on form, the market is divided into pills and gummies, powder, and liquid/drinks. The pills and candies are the most dominant due to the increased demand for pills and gummies, collagen supplements, and the rising usage of dietary supplements.
- Based on the distribution channel, the market is divided into pharmacies, online stores, and specialty stores. The pharmacy sector is the most dominant in the market due to the greater level of sustainability provided by the pharmaceutical sector compared to any other distribution channel.
- North America is the most significant global collagen supplements market due to the strong demand for collagen supplements in the United States of America and Canada.
Increasing Emphasis on a Healthy Lifestyle and Growing Demand for Nutritious and High-Quality Supplements Drives the Global Market
The growing middle-class population, rising import demand for collagen from other nations, and increasing awareness of food's nutritional value all contribute to the need for collagen supplements. In addition, the age group and the amount of income play a significant role in deciding the purchase of collagen supplements. Collagen plays a significant role in the body's skeletal structure as the main component of hair, skin, nails, bones, tendons, muscles, ligaments, and joints. A rise in living standards, health expenditures, disposable income, and widespread marketing of processed collagen supplements are driving the market growth during the forecast period.
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Various Health and Aesthetic Advantages Linked with Collagen Supplement Creates Tremendous Opportunities
The market's growth can be attributed to collagen supplement consumption's numerous health and aesthetic benefits. Additionally, the rise in inflammatory bone disorders, rheumatoid arthritis, and other diseases has led to the use of supplements by consumers and individuals to maintain their agility. The improved retail infrastructure has facilitated the availability of supplements, which has benefited the sales of nutraceuticals such as collagen supplements.
Regional Analysis
North America is the most significant global collagen supplements market due to the strong demand for collagen supplements in the United States of America and Canada. Significant expansion can also be attributed to the rising demand for collagen supplements within the sports nutrition business. Asia-Pacific is expected to proliferate at a CAGR of 6.8% during the forecast period due to the steadily rising demand for collagen supplements worldwide.
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Global Collagen Supplements Market: Segmentation
- Collagen Supplements Market, By Form (2020-2030)
- Pills and Gummies
- Powder
- Liquid/Drinks
- Collagen Supplements Market, By Distribution Channel (2020-2030)
- Pharmacy
- Online Store
- Specialty Store
- Regional Collagen Supplements Market
- North America
- North America Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- North America Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- U.S.
- U.S. Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- U.S. Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- U.S. Collagen Supplements Market, By Form
- Canada
- North America Collagen Supplements Market, By Form
- Europe
- Europe Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- Europe Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- U.K.
- U.K. Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- U.K. Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- U.K. Collagen Supplements Market, By Form
- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest of Europe
- Europe Collagen Supplements Market, By Form
- APAC
- APAC Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- APAC Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- China
- China Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- China Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- China Collagen Supplements Market, By Form
- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest of Asia-Pacific
- APAC Collagen Supplements Market, By Form
- Middle East and Africa
- Middle East and Africa Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- Middle East and Africa Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- UAE
- UAE Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- UAE Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- UAE Collagen Supplements Market, By Form
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest of MEA
- Middle East and Africa Collagen Supplements Market, By Form
- LATAM
- LATAM Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- LATAM Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- Brazil
- Brazil Collagen Supplements Market, By Form
- Pills and Gummies
- Powder
- Liquid/Drinks
- Brazil Collagen Supplements Market, By Distribution Channel
- Pharmacy
- Online Store
- Specialty Store
- Brazil Collagen Supplements Market, By Form
- Mexico
- Argentina
- Chile
- Colombia
- Rest of LATAM
- LATAM Collagen Supplements Market, By Form
- North America
Read the full Report Description with Table of Content and Figure @ https://straitsresearch.com/report/collagen-supplements-market/toc
Market News
- May 2022- BioTechUSA, Body Mass Index: A tool to help you keep a healthy weight.
- January 2022- Transport Corporation of India (TCI), through its subsidiary TCI Cold Chain Solutions Limited, enters into a joint venture with MITSUI & Co Limited (MITSUI).
- May 2022- TCI Foundation carried out a COVID-19 Vaccination drive among the marginalized section of society.
- June 2022- Vital Proteins LLC, flavor your summer with new vital proteins like lemon collagen peptides.
News Media
Global Gummy Supplements Market Ascends at a Noteworthy CAGR of 4.88%
Global Gummy Vitamins Market Grows Steadily at a CAGR of 6.3%
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