USD 2.10 Billion
Global Collagen Supplements Market Size, Share, Growth Analysis, By Form(Pills & Gummies, Powder and Liquid/Drinks), By Distribution Channel(Pharmacy, Online Store and Specialty Store) - Industry Forecast 2024-2031
Report ID:
SQMIG30H2092 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
61 |
Figures:
75
Global Collagen Supplements Market Insights
Global Collagen Supplements Market size was valued at USD 2.10 Billion in 2022 and is poised to grow from USD 2.22 Billion in 2023 to USD 3.40 Billion by 2031, at a CAGR of 5.50% during the forecast period (2024-2031).
A growing emphasis on leading a healthy lifestyle and an increase in product customers are promoting market expansion. The need for collagen supplements is also being aided by increased import demand for collagen, growing middle-class population, and rising nutritional value knowledge. People are recommended to intake collagen supplements for maintaining their health and preventing diseases such as rheumatoid arthritis, inflammatory bone diseases, and arthritis due to the rising prevalence of these conditions. The age group and economic level also have a significant impact on whether collagen supplements are bought.
Collagen, which makes up the majority of bones, tendons, muscles, ligaments, joints, and other organs, as well as hair, skin, and nails, plays a significant part in the formation of the human body. Collagen production in the human body decreases with aging. Therefore, taking a collagen supplement can help prevent aging and other digestive problems. As a result, its demand has increased in recent years. Different collagen supplement forms are available, including powder, liquid, tablets, and gummies.
The popularity among consumers for collagen supplements is growing as health consciousness rises. The market is expected to grow throughout the forecast period as a result of factors such rising health care expenditures, increased disposable income, and widespread advertising of processed collagen supplements. The need for high-quality nutritional supplements is also rising as a result of the growing working population, which will fuel industry expansion.
The COVID-19 epidemic has had a negative impact on the market in many different places. The supply chain for manufacturing was upended when major nations declared a state of emergency. The temporary closure of enterprises and retail establishments during the pandemic had a more significant effect on the market. Farmworkers and logistical support staff also suffered as a result of this. However, this outbreak has opened up fresh opportunities for wholesalers and exporters to increase efficiency and improve safety protocols. Due to the closure of specialty stores and the prohibition on internet delivery during the lockdown, the distribution route for collagen supplements also experienced restraint.
US Collagen Supplements Market is poised to grow at sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Pills & Gummies
Fastest Growth
Pills & Gummies
Growth Rate
5.50% CAGR
Global Collagen Supplements Market 2022-2030 ($ Bn)
Country Share forNorth America Region- 2022 (%)
Global Collagen Supplements Market By Form 2022-2030 ($ Bn)
Global Collagen Supplements Market By Form 2022-2030 (%)
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Global Collagen Supplements Market Segmental Analysis
The global collagen supplements market is segmented based on form, distribution channel and region. In terms of form, the market is segmented into pills & gummies, powder and liquid/drinks. Based on distribution channel, the market is segmented into pharmacy, online store and specialty store. With respect to segmentation by region, the global Collagen Supplements Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Global Collagen Supplements Market Analysis by Form
In 2023, the pills and gummies made for the largest share of the global market's sales, with 60%. These are the most straightforward type of collagen supplement; thus, customers tend to favor them. This category is expected to rise over the course of the projected period due to rising dietary supplement use as well as rising demand for collagen pills and gummies. Additionally, it is predicted that customers' increased inclination for dietary supplements as well as an increase in muscle growth following exercise will fuel category expansion.
Due to rising demand, the powder form will experience the fastest increase during the predicted period. Other factors influencing the growth of this market are changing lifestyles, rising disposable incomes, and rising demand for collagen supplements. The most popular kind of collagen supplement is in powder form. It may be blended with water and various liquids. Additionally, there are other flavors on the market. Supplemental collagen powder supports healthy hair, bones, joints, and nails. Additionally, it aids in resolving digestive and stomach problems. This is the reason why its demand is expected to rise in the near future. Therefore, throughout the course of the projected period, the segment is expected to grow.
Global Collagen Supplements Market Analysis by Distribution Channel
The pharmacy segment dominated the market in 2023, THUS, accounting for about 75% of all sales. Consumer demand for collagen supplements is increasing as a result of the pharmaceutical industry's greater sustainability offers in comparison to other distribution channel types. As a result, it is projected that the category will grow over the course of the evaluation.
Global Collagen Supplements Market By Form 2022 (%), 2023 (%)
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Global Collagen Supplements Market Regional Insights
North America held over 30% of the market in 2023, contributing significantly due to the high demand for collagen supplements in the United States and Canada. Additionally, the local older population is expanding, which stimulates market growth. The need for collagen supplements from the sports nutrition business is driving significant growth in this industry as well. The business is also predicted to experience amazing expansion over the course of the forecast period due to rising import demand and rising collagen supplement usage per capita.
Asia Pacific is anticipated to witness a 6.8% CAGR between 2024 and 2031. The increased demand for collagen dietary supplements in the area is to blame for this. Increases in disposable income in countries like China, India, and other places are also contributing to the market's expansion. The demand for supplements made from marine collagen is also contributing to the industry's growth. As a result, it is expected that the collagen supplement market will continue to expand throughout the forecast period
Global Collagen Supplements Market By Geography, 2022-2030, 2024-2031
- Largest
- Fastest
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Global Collagen Supplements Market Dynamics
Global Collagen Supplements Market Drivers
Increasing Prevalence of Bone and Joint Disorders
- Collagen supplements have been shown to be effective in improving bone and joint health, which has led to their increasing use as a preventive measure against bone and joint disorders.
Global Collagen Supplements Market Restraints
Limited Scientific Evidence
- While there is some evidence to suggest the health benefits of collagen supplements, the scientific evidence is limited and more research is needed to fully understand the effects of collagen on the human body.
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Global Collagen Supplements Market Competitive Landscape
The nature of competition for the global collagen supplements market is currently fragmented with the presence of multiple players. The entry of new players is projected to further intensify the market competition during the forecast period. In order to fulfill the rising demand for collagen supplements, companies are primarily concentrating on developing new formulations. Low entry barriers and a larger market potential have led to the entry of new companies. Product development is possible in areas with high demand thanks to the rising popularity of collagen supplements.
Top Player’s Company Profiles in Global Collagen Supplements Market
- Amway
- BioCell Technology LLC
- Capsugel Belgium NV
- CellMark Chemicals
- GELITA AG
- Nitta Gelatin Inc.
- PB Leiner
- Rousselot BV
- Shiseido Company Limited
- Vital Proteins LLC
- Nutrafol
- NeoCell Corporation
- TCI Co. Ltd.
- Zhejiang Huadong Medicine Co. Ltd.
- Nippi Collagen NA Inc.
- Collagen Matrix Inc.
- Nature's Bounty Co.
- Sanofi SA
- Pfizer Inc.
- Nestle SA
Recent Developments
- In February 2024, Loreal developed the second iteration of its Age Perfect Collagen Royal Anti-Aging Face Cream, effectively tapping into the rapidly expanding recombinant collagen market in China.
- In November 2023, Elemis declared to introduce Pro-Collagen Skin Future Supplements in 2024. The product containing food-grade hyaluronic acid, an antioxidant combination, chlorella, and vitamins A and C ingredients is priced at US$ 99 and is available only at QVC.
Global Collagen Supplements Key Market Trends
- Increasing demand for plant-based collagen supplements: As consumers are becoming more conscious of their dietary choices, there is a growing demand for plant-based collagen supplements. This has led to the development of collagen supplements made from sources such as algae, soy, and yeast.
- Growing popularity of collagen-infused food and beverages: Collagen supplements are increasingly being incorporated into food and beverages, such as smoothies, coffee, and energy bars, to make them more appealing to consumers. This has led to the development of innovative collagen-based products, such as collagen-infused water and gummies.
- Increasing popularity of collagen supplements in the beauty industry: Collagen supplements are gaining popularity in the beauty industry as they are believed to improve skin elasticity and reduce the appearance of fine lines and wrinkles. This has led to the development of collagen supplements targeted at the beauty market, such as collagen powders and capsules.
- Increasing availability of collagen supplements through online channels: With the increasing popularity of e-commerce, collagen supplements are becoming more readily available through online channels. This has made it easier for consumers to purchase collagen supplements from the comfort of their own homes.
- Rising demand for collagen supplements in the Asia Pacific region: The Asia Pacific region is witnessing a significant increase in demand for collagen supplements, driven by the rising awareness of the health benefits of collagen and the growing aging population. This has led to the development of collagen supplements targeted specifically at the Asian market, such as collagen supplements that contain ingredients that are popular in traditional Asian medicine.
Global Collagen Supplements Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Collagen Supplements market is A growing emphasis on leading a healthy lifestyle and an increase in product customers are driving market expansion. The increased need for collagen from imports, the expansion of the middle class, and growing awareness of nutritional benefits are all contributing to the demand for collagen supplements. People are recommended to take collagen supplements to maintain their health and prevent diseases including rheumatoid arthritis, inflammatory bone diseases, and arthritis due to the rising prevalence of these conditions. The age group and economic level also have a significant impact on whether collagen supplements are bought.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.10 Billion |
| Market size value in 2031 | USD 3.40 Billion |
| Growth Rate | 5.50% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Collagen Supplements Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Collagen Supplements Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Collagen Supplements Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Collagen Supplements Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Collagen Supplements Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Collagen Supplements Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Collagen Supplements Market Report Snapshots
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