Market Forecast
Global CollagenSupplements Market size is projected to be valued at USD 3.2 Billion by 2030,
recording a CAGR of 5.2% between 2022 and 2026. The rising adoption of collagen
supplements as nutricosmetics is creating lucrative opportunities for the
players in the global collagen supplements market. The collagen market has
witnessed tremendous growth in the past few years, and the same trend is
expected in the case of the collagen supplements market. Additionally, the
North American and European markets are witnessing growing demand for collagen
supplements.
The prominent playersin the market have been responsive to shifting consumer preferences and are
focused on strategic acquisitions, product launches, and partnerships.
Moreover, the key players in the market are focused on innovative product
launches. For instance, in 2019, Garden of Life introduced a new line of
collagen powders under the brand name Nutra Collagen. Products include bone
growth protein powder and two unflavored protein powders in different sizes.
Key Players
- 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 (US)
MarketSegmentation
The segmentassessment of the global collagen supplement is based on forms, distribution
channel, and source.
The form-basedsegments of the collagen supplement market are powder, Drinks & Shots,
Capsules, and Tablets & Soft gels. The capsules, tablets & soft gels
segment is anticipated to generate the highest revenue by 2026. The drink and
shot segment is expected to thrive in the collagen supplements market share through
the forecast term. Capsules, tablets and soft gels are consumed by athletes to
enhance energy in their body. These collagen supplement soft gels and capsules
help sports person in the recovery of damaged muscles during workouts and
trigger scar tissue production and muscle fiber regeneration. Thus, the rising
sales of collagen supplements among athletes, increase in number of pursuing
sports as career, and expansion of sports sector can contribute to the market
rise.
The source-basedsegments of the collagen supplement market are animal and marine. The animal
segment is expected to hold the largest collagen supplement market share in the
years to come. MRFR study reveals that the animal segment can register the
higher CAGR in the forecast tenure. The increase in application of bovine
collagen as a supplement that is derived from cows is also used as a common
food additive. Bovine collagen also plays active role in the manufacturing of
food products. Thus, the increasing utility of animal collagen supplement can
promote the market expansion in the near future.
The distributionchannel-based segments of the type xvii collagen supplement market are
Store-based and non-store based. The high purchase frequency from store-based
retailers and increase in their establishments that offer a wide range of
collagen supplements can benefit the market. Supermarkets and hypermarkets, and
specialty stores are observed to offer greater purchase satisfaction, thus the
supermarkets and hypermarkets segment is likely to hold the largest market
share by 2026. The non-store-based segment is likely to dominate the market in
the forecast term.
Market USP
Increase in theadoption of collagen supplements as nutricosmetics
GrowthOpportunities in the Market
Increase in theDemand for Animal-based Collagen Supplements: The demand for animal-based collagensupplements is projected to bring lucrative opportunities for the market
players. Bovine collagen is a naturally occurring protein present in the
connective tissue, bones, cartilage, and hides of cows. Bovine collagen is widely
used in the manufacturing of collagen supplements.
Rising Adoption ofCollagen Supplements for Joint and Bone Health: Collagen supplements provide various healthbenefits such as joint mobility, flexibility, and improved range of motion in
sensitive joints. Collagen is a structural protein that is found in connective
tissues, such as cartilage, bones, gums, skin, tendons, and blood vessels.
Increased awareness regarding the health benefits of collagen supplements among
consumers is expected to create opportunities for collagensupplements manufacturers.
RegionalStudy
North America collagensupplements market analysis is expected to hold considerable share of the
global market by 2026. The US is expected to spearhead the regional collagensupplements market with the high CAGR in the study period. The increasingsales of collagen in sports-based industries can boost the regional market in
the analysis region.
In Europe, the collagensupplements market forecast is likely to witness decent market share in the
study period. The spreading awareness about collagen peptides and tripeptides
that are crucial in human nutrition can promote the regional market.
In Asia Pacific,the high traction in both nutrition and cosmetics can contribute to the
regional collagen supplements market rise. The inclination of people towards
prevention of premature aging, and rise in preference for safe, natural, and
effective beauty solutions can prompt the global collagen supplements market
size.
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