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The factors that influence its growth and components shape the market for collagen supplements. An important factor propelling this market is the increased awareness and focus on the health and prosperity of the skin. Collagen supplements have been widely available as consumers search for solutions to increase skin suppleness, reduce imperfections, and support joint health. Collagen supplements are a popular solution for those looking to address skin, hair, and joint health concerns since collagen is a protein that provides underlying support to various bodily components.
Changing ways of life and dietary inclinations likewise contribute essentially to the collagen supplements market. Present day eats less, frequently ailing in collagen-rich food varieties, combined with factors like pressure and ecological contaminations, can prompt collagen consumption in the body. Thus, purchasers are going to supplements as a helpful method for recharging and support the body's normal collagen creation, advancing better skin and joints.
The maturing populace is a pivotal variable impacting the collagen supplements market. Collagen creation normally diminishes with age, prompting the improvement of imperfections, reduce changes, and joint uneasiness. The old segment is a huge buyer base for collagen supplements, looking for items that can assist with keeping up with skin suppleness and backing joint capability as a feature of their enemy of maturing and wellbeing techniques.
Buyer decisions are influenced by the cost of collagen supplements when compared to alternative options for excellence and wellness, such as restorative techniques or efficient skincare products. Marketing strategies and customer education are essential components of the collagen supplement industry. Businesses invest resources in educating consumers about the benefits of collagen for healthy skin, hair, and joints. Promotional campaigns usually revolve around promoting collagen supplements as a one-stop shop for beauty and health.
Collagen supplement sales are impacted by the global enhancement industry concept, which varies depending on regional customer preferences and administrative setup. Businesses venturing into international markets must to consider varying societal perspectives on beauty and well-being, tailoring their products and promotional strategies to suit regional preferences and presumptions. When choosing wellness and beauty products, aligning with natural attributes is becoming a crucial criterion for consumers, impacting their purchasing decisions.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2023 | USD 2.3144 Billion |
| Growth Rate | 5.20% (2023-2030) |
Collagen Supplements Market Highlights:
Global Collagen Supplements Market Overview
Collagen Supplements Market Size was valued at USD 2.2 billion in 2023. The Collagen Supplements industry is projected to grow from USD 2.3144 Billion in 2024 to USD 3.137132 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2024 - 2032). Rising awareness of nutritional values, the growing middle-class population, and the rising import demand for collagen are facilitating the demand for collagen supplements are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Collagen Supplements Market Trends
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Increased Sales through Organized Retail Channels boost market growth
Increasingly consumers desire to purchase brands that include collagen supplements in their product lineups. In response, physical and online retailers are flooding their websites with photos of more and higher-quality collagen supplement brands. With tangible goods on their shelves, physical retailers are acting similarly.
With creative advertising, numerous retail chains (both offline and online) are actively pushing collagen supplement companies.
The Impressive Growth and incredible profitability of the market for collagen supplements are driving several businesses. They are reacting by making significant investments in R&D. Several businesses have created cutting-edge brands that promise to reverse aging and help individuals look and feel younger while containing collagen supplements. Shiseido Corporation is one of them. Therefore, People are encouraged to use collagen supplements to maintain their health and prevent rheumatoid Arthritis and inflammatory bone diseases Arthritis is more common, enhancing the Collagen Supplements market CAGR across the globe in recent years is another factor driving the growth of the Collagen Supplements market revenue.
Collagen Supplements Market Segment Insights
Collagen Supplements By Form Insights
The Collagen Supplements Market segmentation, based on Form, This segment can be grouped into the following sub-segments: Powders, Capsules, Tablets & Softgels , Drinks & Shots, Others. The anterior Collagen Supplements segment held the majority share in 2022contribution to in respect to the Collagen Supplements Market revenue. This is primarily owing to the rising because People are encouraged to use collagen supplements to maintain their health and prevent rheumatoid Arthritis and inflammatory bone diseases Arthritis is more common, enhancing the Collagen Supplements market.
May 2021 Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein.
June 2020 Vital Proteins, a top collagen brand, and lifestyle and wellness platform that sells dietary supplements, beverages, and food items, was acquired by Nestle Health Science for a controlling interest.
Collagen Supplements By Source Insights
The Collagen Supplements Market segmentation, based on source, includes Animal, Marine. The animal segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The growth of this segment is attributed to collagen supplement being very popular among bodybuilders and athletes. However, the marine & poultry segment is projected to grow at the fastest CAGR of 7.1% over the forecast impacts the market growth of Collagen Supplements positively
November 2020 Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or with a favorite nutritious drinks. This collagen supplement consists of collagen types I,II, and III. This supplement broadened the growth opportunity for the Collagen Supplementsindustry
Figure 1: Collagen Supplements Market, by Source, 2024 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Collagen Supplements By Distribution Channel Insights
Based on End Users, the global Collagen Supplements industry has been segmented into Store-based, Non-Store-based. Stored-based held the largest segment share in 2022, the fact that pharmacies are frequently seen as a much more reliable location to buy medications and supplements can be credited to the segment's growth. Services like home delivery via mail and pharmacist consultations also contribute to the segment's expansion. Over the forecast period, the internet segment is anticipated to develop at the quickest CAGR of 7.5%.
Collagen Supplements Regional Insights
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Collagen Supplements market accounted for USD 1 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the growing incidence due to increase in adoption of healthy food & supplements across the region.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: COLLAGEN SUPPLEMENTS MARKET SHARE BY REGION 2024 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Collagen Supplements market accounts for the second-largest market share due to the availability of cutting-edge treatment facilities, government backing for the growth of the healthcare industry, an ageing population, and an increase in incidence of degenerative disc disease, rheumatoid arthritis, and osteoarthritis. Further, the Germany Collagen Supplements market held the largest market share, and the UK Collagen Supplements market was the fastest growing market in the European region
The Asia-Pacific Collagen Supplements Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the Asia-Pacific region, the middle class is expanding. They, therefore, wish to purchase better goods that can and will enhance their general well-being. Also, compared to past generations, the population in these areas is considerably more health-conscious. Moreover, China Collagen Supplements market held the largest market share, and the India Collagen Supplements market was the fastest growing market in the Asia-Pacific region.
Collagen Supplements Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Collagen Supplements market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Collagen Supplementsindustry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the global Collagen Supplementsindustry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, Collagen Supplementsindustry has provided medicine with some of the most significant benefits. The Collagen Supplements market major player such as Amway Corp. (US), Herbalife International of America, Inc. (US), SMP Nutra (US), Gelita AG (Germany), Shiseido Co. Ltd (Japan), Vita Proteins LLC (US), Everest Neocell LLC, Hunter & Gather Foods Ltd (UK), Nutraformis Limited (UK), Garden of Life LLC (US),and others are working to expand the market demand by investing in research and development activities.
Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein
Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or a favorite nutritious drink. This collagen supplement consists of collagen types I, II, and III. This supplement broadened the growth opportunity for the Collagen Supplements industry.
Key Companies in the Collagen Supplements market includes
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Amway Corp. (US)
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Herbalife International of America Inc. (US)
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SMP Nutra. (US)
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Gelita AG (Germany)
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Shiseido Co. Ltd (Japan)
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Vita Proteins LLC (US)
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Everest Neocell LLC
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Hunter & Gather Foods Ltd (UK)
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Nutraformis Limited (UK)
Collagen Supplements Industry Developments
May 2021 Nestlé Science for Health Vital Proteins now has a flagship location in China on Tmall. Its purpose is to inform Chinese customers about the advantages of collagen supplements for skin, immunity, joint health, and athletic performance. Cross-border e-commerce on Tmall allows consumers in China to purchase the Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored from Vital Protein.
June 2020 Vital Proteins, a top collagen brand, and lifestyle and wellness platform that sells dietary supplements, beverages, and food items, was acquired by Nestle Health Science for a controlling interest.
November 2020 Life extension launched the new Hydrolyzed Collagen Supplement called Peptides for skin and joints. It is a convenient daily collagen supplement that mixes easily with water or with a favorite nutritious drinks. This collagen supplement consists of collagen types I,II, and III.
July 2021 Gelita AG ( Germany) expanded its biotech hub in Frankfurt to develop proteins, including collagen.
Collagen Supplements Market Segmentation
Collagen Supplements By Form Outlook
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Powders
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Capsules
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Tablets & Softgels
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Drinks & Shots
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Others
Collagen Supplements By Source Outlook
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Animal
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Marine
Collagen Supplements By Distribution Channel Outlook
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Store-based
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Non-Store-based
Collagen Supplements Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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