Collagen Supplement Market Insights
Market Overview:
The market size of collagen supplements exceeded USD 1 billion in 2022 and is expected to witness a compound annual growth rate (CAGR) of over 6.5% from 2023 to 2032. This projected growth highlights the increasing demand for collagen supplements among consumers seeking various health and wellness benefits. With a positive trajectory, the collagen supplement market is poised to experience significant expansion in the coming years, fueled by the growing awareness of collagen's potential benefits and its application in multiple industries.
Collagen Supplement Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Agricultural Products by segment aggregation, the contribution of the Agricultural Products in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Segmentation Analysis:
The Collagen Supplement Market is segmented by Source, Form, Distribution Channel, Application, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.
Collagen Supplement Market Basis Point Share Analysis, 2021 Vs. 2028
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- Based on Source the market is segmented as, Bovine, Porcine, Marine, Others
- Based on Form the market is segmented as, Powder, Liquid/Drinks, Pills & Gummies
- Based on Distribution Channel the market is segmented as, Pharmacy, Specialty Stores, Online Stores, Others
- Based on Application the market is segmented as, Nutraceuticals, Healthcare, Cosmetics, Food, Others
- Based on Region the market is segmented as, North America, Europe, Asia Pacific, Latin America, Middle East & Africa, Everest NeoCell LLC, Nestle SA, The Clorox Company, Nutraformis Limited, Shiseido Co. Limited, Optimum Nutrition Inc., Further Food, TCI CO.LTD, Hunter & Gather, A54:B60, Absolute Collagen, THE BOUNTIFUL COMPANY, Codeage LLC, Revive Collagen, BioTechUSA
Regional Analysis:
Collagen Supplement Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.
Collagen Supplement Market Attractiveness Analysis, By Region 2020-2028
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Collagen Supplement Market : Risk Analysis
SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Collagen Supplement Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Collagen Supplement Market's supply chain, distribution, and total revenue growth.
Competitive landscaping:
To understand the competitive landscape, we are analyzing key Collagen Supplement Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Collagen Supplement Market.
To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.
Key Players Covered in the Report:
- atistics
- Collagen Supplement Market size surpassed USD 1 billion in in 2022 and is projected to expand at more than 6.5% CAGR from 2023 to 2032, driven by rising product penetration in the food & beverage sector in emerging countries.
- The growing demand for collagen-based additives in food products on account of increasing knowledge of the benefits of collagen has boosted product adoption. Furthermore, the positive inclination of wellness brands in collagen for their business expansion is set to fuel product demand. For instance, in February 2022, Nestle Health, a nutritional science company under food & beverage giant Nestle SE, acquired the largest collagen production brand, Vital Protein.
- The burgeoning demand for dietary supplements is also pushing industry growth. Mounting health consciousness is bolstering the adoption of alternatives to boost their immune systems. These dietary supplements help in fulfilling the average requirement of vitamins in their body. Moreover, the mounting approval of regulatory agencies is encouraging people to trust these additives, resulting in increased product sales. Recently, the U.S. FDA approved Wasabi leaf, as a new dietary ingredient that increases collagen synthesis, opening gates for domestic collagen brands to introduce vegan products.
- Growth Drivers:Rising demand for dietary supplements Increasing usage of collagen supplements in food and beverages Health benefits associated with collagen supplementPitfalls & Challenges:Increase in adoption of veganism Supply chain disruption
- Growing veganism trend may restrain industry progression
- The gradual popularity of veganism is impeding collagen supplement market growth. The pandemic also led to a consumer behavioral shift, encouraging people to either reduce or cancel animal-based products buying. As per a report by the Vegan Society, 1 in 4 British people reduced their animal product consumption during the COVID-19 pandemic, which is expected to rise in the coming years. Nonetheless, rising awareness among industry participants regarding the demand dynamics is likely to help them launch new vegan collagen products, such as the Beauty Glow, a 100% vegan product by skincare product manufacturer ZENii London.
- Booming cattle industry to propel bovine segment expansion
- In terms of source, the collagen supplement market from bovine segment is slated to garner a revenue of over USD 1 billion by 2032. The easy availability and advantages of these supplements for ortho disorders, including osteoporosis and scoliosis, are promoting the demand for bovine-sourced collagen. Additionally, the booming cattle industry across the world is anticipated to stimulate segment growth.
- Widespread knowledge regarding product benefits to augment collagen use in nutraceuticals
- The nutraceuticals segment in the collagen supplement market is predicted to reach a valuation of USD 800 million by 2032. The surging awareness regarding the benefits of nutraceutical collagen for skin, such as strong bones, elasticity & hydration, resilience, and so on, is foreseen to foster product adoption. In a recent study, nutraceutical collagen peptides demonstrated an excellent ability to support cutaneous wound closure in Vitro, posing as a novel therapeutic approach for managing such wounds in young and elderly people.
- Easy availability to help powder collagen gain traction
- Powder collagen supplement market size is poised to exceed at around USD 1.5 billion by 2032. The easy availability of collagen protein in powder form as a result of prominent product launches by market players is aiding segment progression. To cite an instance, in March 2022, Pura Collagen, a collagen manufacturer, introduced its new Protect, a collagen powder with ginger and orange flavors that can be easily dissolvable and collagen-rich tissues.
- Shift in e-commerce trends to amplify online stores segment revenues
- In terms of distribution channel, the collagen supplement market from online stores segment is anticipated to depict nearly 8% growth rate between 2023 and 2032, attributed to more people using online shopping platforms to buy supplements in different nations across the world. As per a report in 2022, the number of online buyers reached 268 million in the United States, which is estimated to rise by 17 million by 2025. Total sales of makeup products in the US increased by 90% during the pandemic due to the e-commerce shift, which is slated to facilitate segment growth.
- Expanding geriatric population to aid North America emerge as a prominent revenue pocket
- North America collagen supplement market is predicted to register more than USD 950 million by 2032. The growing number of geriatric patients, especially in the U.S., has promoted the consumption of collagen supplements. According to the Population Reference Bureau, the United States has a 16% geriatric population with over 52.76 million people who are prone to chronic illnesses. Collagen activates healthy aging by providing natural protein while reducing fat and sugar, which is driving product uptake.
- Substantial investment in product development to strengthen the industry outlook
- Top companies operating in the collagen supplement industry are mainly engaging in rigorous R&D initiatives and partnerships to stay ahead in the competitive landscape. For instance, in August 2022, The Shiseido Beauty Innovations Fund, established by Shiseido Co, Limited, a cosmetic company, announced an investment in Trautec as a lead investor in order to boost its R&D programs and develop novel products.
- Impact of COVID-19 on the collagen supplement market trends
- As a result of the health-related benefits of collagen, the COVID-19 pandemic witnessed a positive consumer shift toward collagen peptides and dietary supplements to improve their immunity. The coronavirus outbreak fueled the demand for collagen supplements due to extensive stockpiling, health consciousness among consumers, and effective research innovations proving its benefits against the infection. A June 2020 study by the Illinois Institute of Technology concluded that collagen carries major histocompatibility complex (MHC) recognition or a key immunoreceptor that helps the body prevent the invasion of pathogens viruses and cancer. In addition, in the post-pandemic scenario, increased consumer access to retail stores and sales channels is set to proliferate product adoption.
- KEY MARKET SEGMENTS
- By Source
- Bovine
- Porcine
- Marine
- Others
- By Form
- Powder
- Liquid/Drinks
- Pills & Gummies
- By Distribution Channel
- Pharmacy
- Specialty Stores
- Online Stores
- Others
- By Application
- Nutraceuticals
- Healthcare
- Cosmetics
- Food
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Everest NeoCell LLC
- Nestle SA
- The Clorox Company
- Nutraformis Limited
- Shiseido Co. Limited
- Optimum Nutrition Inc.
- Further Food
- TCI CO.LTD
- Hunter & Gather
- A54:B60
- Absolute Collagen
- THE BOUNTIFUL COMPANY
- Codeage LLC
- Revive Collagen
- BioTechUSA
SkyQuest's Expertise:
The Collagen Supplement Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.
Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.
Scope Of Report
Report Attribute |
Details |
The base year for estimation |
2021 |
Historical data |
2016 – 2022 |
Forecast period |
2022 – 2028 |
Report coverage |
Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered |
- By Source - Bovine, Porcine, Marine, Others
- By Form - Powder, Liquid/Drinks, Pills & Gummies
- By Distribution Channel - Pharmacy, Specialty Stores, Online Stores, Others
- By Application - Nutraceuticals, Healthcare, Cosmetics, Food, Others
- By Region - North America, Europe, Asia Pacific, Latin America, Middle East & Africa, Everest NeoCell LLC, Nestle SA, The Clorox Company, Nutraformis Limited, Shiseido Co. Limited, Optimum Nutrition Inc., Further Food, TCI CO.LTD, Hunter & Gather, A54:B60, Absolute Collagen, THE BOUNTIFUL COMPANY, Codeage LLC, Revive Collagen, BioTechUSA
|
Regional scope |
North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) |
Country scope |
U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa |
Key companies profiled |
- atistics
- Collagen Supplement Market size surpassed USD 1 billion in in 2022 and is projected to expand at more than 6.5% CAGR from 2023 to 2032, driven by rising product penetration in the food & beverage sector in emerging countries.
- The growing demand for collagen-based additives in food products on account of increasing knowledge of the benefits of collagen has boosted product adoption. Furthermore, the positive inclination of wellness brands in collagen for their business expansion is set to fuel product demand. For instance, in February 2022, Nestle Health, a nutritional science company under food & beverage giant Nestle SE, acquired the largest collagen production brand, Vital Protein.
- The burgeoning demand for dietary supplements is also pushing industry growth. Mounting health consciousness is bolstering the adoption of alternatives to boost their immune systems. These dietary supplements help in fulfilling the average requirement of vitamins in their body. Moreover, the mounting approval of regulatory agencies is encouraging people to trust these additives, resulting in increased product sales. Recently, the U.S. FDA approved Wasabi leaf, as a new dietary ingredient that increases collagen synthesis, opening gates for domestic collagen brands to introduce vegan products.
- Growth Drivers:Rising demand for dietary supplements Increasing usage of collagen supplements in food and beverages Health benefits associated with collagen supplementPitfalls & Challenges:Increase in adoption of veganism Supply chain disruption
- Growing veganism trend may restrain industry progression
- The gradual popularity of veganism is impeding collagen supplement market growth. The pandemic also led to a consumer behavioral shift, encouraging people to either reduce or cancel animal-based products buying. As per a report by the Vegan Society, 1 in 4 British people reduced their animal product consumption during the COVID-19 pandemic, which is expected to rise in the coming years. Nonetheless, rising awareness among industry participants regarding the demand dynamics is likely to help them launch new vegan collagen products, such as the Beauty Glow, a 100% vegan product by skincare product manufacturer ZENii London.
- Booming cattle industry to propel bovine segment expansion
- In terms of source, the collagen supplement market from bovine segment is slated to garner a revenue of over USD 1 billion by 2032. The easy availability and advantages of these supplements for ortho disorders, including osteoporosis and scoliosis, are promoting the demand for bovine-sourced collagen. Additionally, the booming cattle industry across the world is anticipated to stimulate segment growth.
- Widespread knowledge regarding product benefits to augment collagen use in nutraceuticals
- The nutraceuticals segment in the collagen supplement market is predicted to reach a valuation of USD 800 million by 2032. The surging awareness regarding the benefits of nutraceutical collagen for skin, such as strong bones, elasticity & hydration, resilience, and so on, is foreseen to foster product adoption. In a recent study, nutraceutical collagen peptides demonstrated an excellent ability to support cutaneous wound closure in Vitro, posing as a novel therapeutic approach for managing such wounds in young and elderly people.
- Easy availability to help powder collagen gain traction
- Powder collagen supplement market size is poised to exceed at around USD 1.5 billion by 2032. The easy availability of collagen protein in powder form as a result of prominent product launches by market players is aiding segment progression. To cite an instance, in March 2022, Pura Collagen, a collagen manufacturer, introduced its new Protect, a collagen powder with ginger and orange flavors that can be easily dissolvable and collagen-rich tissues.
- Shift in e-commerce trends to amplify online stores segment revenues
- In terms of distribution channel, the collagen supplement market from online stores segment is anticipated to depict nearly 8% growth rate between 2023 and 2032, attributed to more people using online shopping platforms to buy supplements in different nations across the world. As per a report in 2022, the number of online buyers reached 268 million in the United States, which is estimated to rise by 17 million by 2025. Total sales of makeup products in the US increased by 90% during the pandemic due to the e-commerce shift, which is slated to facilitate segment growth.
- Expanding geriatric population to aid North America emerge as a prominent revenue pocket
- North America collagen supplement market is predicted to register more than USD 950 million by 2032. The growing number of geriatric patients, especially in the U.S., has promoted the consumption of collagen supplements. According to the Population Reference Bureau, the United States has a 16% geriatric population with over 52.76 million people who are prone to chronic illnesses. Collagen activates healthy aging by providing natural protein while reducing fat and sugar, which is driving product uptake.
- Substantial investment in product development to strengthen the industry outlook
- Top companies operating in the collagen supplement industry are mainly engaging in rigorous R&D initiatives and partnerships to stay ahead in the competitive landscape. For instance, in August 2022, The Shiseido Beauty Innovations Fund, established by Shiseido Co, Limited, a cosmetic company, announced an investment in Trautec as a lead investor in order to boost its R&D programs and develop novel products.
- Impact of COVID-19 on the collagen supplement market trends
- As a result of the health-related benefits of collagen, the COVID-19 pandemic witnessed a positive consumer shift toward collagen peptides and dietary supplements to improve their immunity. The coronavirus outbreak fueled the demand for collagen supplements due to extensive stockpiling, health consciousness among consumers, and effective research innovations proving its benefits against the infection. A June 2020 study by the Illinois Institute of Technology concluded that collagen carries major histocompatibility complex (MHC) recognition or a key immunoreceptor that helps the body prevent the invasion of pathogens viruses and cancer. In addition, in the post-pandemic scenario, increased consumer access to retail stores and sales channels is set to proliferate product adoption.
- KEY MARKET SEGMENTS
- By Source
- Bovine
- Porcine
- Marine
- Others
- By Form
- Powder
- Liquid/Drinks
- Pills & Gummies
- By Distribution Channel
- Pharmacy
- Specialty Stores
- Online Stores
- Others
- By Application
- Nutraceuticals
- Healthcare
- Cosmetics
- Food
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Everest NeoCell LLC
- Nestle SA
- The Clorox Company
- Nutraformis Limited
- Shiseido Co. Limited
- Optimum Nutrition Inc.
- Further Food
- TCI CO.LTD
- Hunter & Gather
- A54:B60
- Absolute Collagen
- THE BOUNTIFUL COMPANY
- Codeage LLC
- Revive Collagen
- BioTechUSA
|
Customization scope |
Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Reap the benefits of customized purchase options to fit your specific research requirements. |
Objectives of the Study
- To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
- To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
- To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
- To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
- To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
- To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
What does this Report Deliver?
- Market Estimation for 20+ Countries
- Historical data coverage: 2016 to 2022
- Growth projections: 2022 to 2028
- SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
- Customization on Segments, Regions, and Company Profiles
- 100+ tables, 150+ Figures, 10+ matrix
- Global and Country Market Trends
- Comprehensive Mapping of Industry Parameters
- Attractive Investment Proposition
- Competitive Strategies Adopted by Leading Market Participants
- Market drivers, restraints, opportunities, and its impact on the market
- Regulatory scenario, regional dynamics, and insights of leading countries in each region
- Segment trends analysis, opportunity, and growth
- Opportunity analysis by region and country
- Porter's five force analysis to know the market's condition
- Pricing analysis
- Parent market analysis
- Product portfolio benchmarking