Collagen Ingredients Market

June 2022: Vital Proteins has launched a new product called Vital Proteins Lemon Collagen Peptides. This new product is a refreshing twist on the classic Collagen Peptides that consumers love, with added lemon flavor. With 20 grams of collagen peptides and no sugar per serving, this product is the perfect way to add some flavor to your summer. It offers the same benefits as the unflavored Collagen Peptides and can be used to upgrade your favorite beverage.

October 2022: Hunter & Gather intends to grow its retail footprint in the United Kingdom, with a particular emphasis on securing fresh listings with leading supermarkets and specialized health stores. Additionally, the company is seeking to extend its reach into the European market. The business boasts a broad array of over 30 natural products across various categories, such as oils, sauces, supplements, and collagen, all of which are devoid of artificial preservatives, refined sugars, and seed oils.

Hunter & Gather's diverse product range includes a variety of mayonnaise options made using avocado or olive oil, a barbecue sauce that is unsweetened and smoky, and a ketogenic version of ketchup that the company claims is the first of its kind in the UK.

The nutraceuticals and supplements application segment of the collagen ingredient market includes a wide range of products, such as collagen powders, capsules, and gummies, as well as functional foods like protein bars, drinks, and snacks. These products are sold through various channels, including e-commerce platforms, health food stores, and specialty retailers. North America and Europe are the largest markets for collagen supplements and functional foods, as consumers in these regions are highly aware of the health benefits of collagen and are willing to pay a premium for high-quality products.

However, there is also growing demand for collagen supplements and functional foods in Asia Pacific, as consumers in this region become more health-conscious and seek out new products to support their wellness goals.

Overall, the nutraceuticals and supplements application segment of the global collagen ingredient market is expected to continue to grow in the coming years, as consumers increasingly prioritize their health and wellness, and seek out natural and functional ingredients to support their overall well-being. This has further broadened the growth opportunity for the collagen ingredients market.

The porcine collagen ingredient market is also significant, particularly in Asia, where it is widely used in traditional medicine and food products. Porcine collagen is known for its high bioavailability and is often used in supplements for skin health and wound healing. Marine collagen is becoming increasingly popular in the cosmetic industry due to its smaller molecular size, which allows for better absorption by the skin. It is often used in anti-aging products and has a growing market share in the food and beverage industry as well.

Poultry collagen is a relatively new market, but it is gaining traction due to its unique properties, such as high solubility and low viscosity. It is used in a variety of applications, including functional beverages, protein bars, and supplements for joint health.  Overall, the animal source of collagen ingredients plays a significant role in determining its application and market potential. The market share of each source varies by region, reflecting differences in consumer preferences, availability of raw materials, and regulatory constraints. This further drives the growth of the collagen ingredients market in the forecast period.

Figure 3: Collagen Ingredients Market, by Source, 2022 & 2032 (USD Million)

Specialty stores offer several advantages for collagen ingredient manufacturers, including the ability to target a specific consumer demographic and offer a wide range of collagen products. These stores often have knowledgeable staff who can provide advice to consumers and help them find the right product for their needs. However, the use of specialty stores as a distribution channel also presents some challenges for collagen ingredient manufacturers. These stores typically charge a premium for their products, which can result in higher prices for consumers.

In addition, competition among manufacturers in the specialty store channel can be intense, as many manufacturers are vying for the attention of the same consumers.

Overall, the specialty store channel is an important distribution channel for collagen ingredients, as it allows manufacturers to target consumers who are looking for high-quality, specialized products. While this channel presents some challenges, it is expected to continue to grow in the coming years as more consumers seek out health and wellness products, including collagen supplements.

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The North America collagen ingredients market is expected to expand at a robust rate over the projected period, according to Market Research Future. North America is a significant market for collagen ingredients, driven by the increasing demand for collagen in food and beverage, nutraceutical, and cosmetic applications. The region is home to some of the leading players in the collagen ingredient market, including Rousselot, Gelita AG, and Nitta Gelatin Inc. The United States is the largest collagen ingredients market in North America, driven by the growing demand for dietary supplements and functional foods.

Collagen is increasingly being used in products such as protein bars, shakes, and powders to support bone and joint health, as well as in beauty supplements and skincare products.