Collagen Supplement Market Size, Share, Trends and Forecast 2030, by Types (Bovine Collagen, Porcine Collagen, Marine Collagen, Chicken Collagen) by Applications (Bone and Joint Health, Skin Health, Sports Nutrition, Weight Management)

Report ID :
2335

Publisher ID :
theinsightbridge

Published :
2023-06-01

Pages :
220

Purchase Option
$4500

Collagen Supplement Market  Introduction 

Collagen supplements are a type of dietary supplement that contain collagen, a protein that is naturally found in the skin, bones, and connective tissues of animals and humans. Collagen supplements are typically derived from animal sources such as cows, pigs, and fish, and are available in various forms, including capsules, tablets, powders, and drinks.Collagen supplements have gained popularity in recent years due to their potential health benefits, such as improving skin elasticity, reducing joint pain, and promoting healthy hair and nails. The global collagen supplement market has been growing steadily, driven by factors such as increasing consumer awareness of the health benefits of collagen, rising demand for natural and organic products, and growing aging population.The collagen supplement market includes both major players and new entrants, offering a wide range of products that cater to different consumer preferences and needs. The market is highly competitive, with companies competing on factors such as product quality, price, and marketing strategies.Overall, the collagen supplement market is expected to continue growing in the coming years, driven by factors such as increasing consumer demand for natural and organic products, growing awareness of the health benefits of collagen, and rising popularity of beauty and wellness trends.

Collagen Supplement Market Market Size

The global collagen supplement market size was valued at approximately USD 3.8 billion in 2020 and is projected to reach USD 6.6 billion by 2027, growing at a CAGR of around 8.2% during the forecast period. The market growth is primarily driven by factors such as increasing consumer awareness of the health benefits of collagen, rising demand for natural and organic products, and growing aging population.

North America is currently the largest market for collagen supplements, followed by Europe and Asia Pacific. Within North America, the United States is the largest market, accounting for a significant share of the global market.The market is highly competitive, with a large number of players offering a wide range of collagen supplement products. Some of the key players in the market include Rousselot, Gelita AG, Nippi, Peptan, and NeoCell Corporation. These players are focusing on product innovation, expansion of distribution channels, and strategic partnerships to expand their market presence and gain a competitive edge.Overall, the collagen supplement market is expected to continue growing in the coming years, driven by factors such as increasing consumer demand for natural and organic products, growing awareness of the health benefits of collagen, and rising popularity of beauty and wellness trends.

Collagen Supplement Market Share

The global collagen supplement market is highly fragmented, with a large number of players competing for market share. The market is dominated by several key players, including Rousselot, Gelita AG, Nippi, Peptan, and NeoCell Corporation, among others. These companies account for a significant share of the market, with a strong presence in key regions such as North America, Europe, and Asia Pacific.In terms of product type, the collagen peptide segment holds the largest market share, followed by gelatin and hydrolyzed collagen. This is due to the increasing demand for collagen peptides for their superior bioavailability and easy digestibility compared to other collagen types.In terms of distribution channels, the online segment is growing at a faster rate than offline channels such as supermarkets and drug stores. This is due to the increasing popularity of e-commerce platforms and the convenience of online shopping.Geographically, North America is currently the largest market for collagen supplements, followed by Europe and Asia Pacific. Within North America, the United States is the largest market, accounting for a significant share of the global market.Overall, the collagen supplement market is expected to continue growing in the coming years, driven by factors such as increasing consumer demand for natural and organic products, growing awareness of the health benefits of collagen, and rising popularity of beauty and wellness trends.

Collagen Supplement Market Trends

The global collagen supplement market is evolving rapidly, with several trends shaping its growth and development. Some of the key trends in the market include:

  1. Increasing popularity of plant-based collagen supplements: With the rise of veganism and vegetarianism, there is a growing demand for plant-based collagen supplements. Companies are developing collagen supplements derived from plant-based sources such as seaweed, mushrooms, and soy, to cater to this growing market.
  2. Demand for customized collagen supplements: Consumers are increasingly looking for personalized products that cater to their specific needs. Companies are responding to this trend by offering customized collagen supplements that target specific health concerns, such as joint pain, skin aging, and hair loss.
  3. Growth of e-commerce platforms: The popularity of e-commerce platforms such as Amazon and Alibaba is growing rapidly, providing consumers with easy access to a wide range of collagen supplements. This trend is driving the growth of online sales channels and increasing competition among market players.
  4. Expansion of product portfolio: Market players are expanding their product portfolio to cater to the diverse needs of consumers. Companies are developing collagen supplements in different forms such as gummies, shots, and bars, to offer consumers more convenient and innovative options.
  5. Rising popularity of collagen in the beauty industry: Collagen supplements are becoming increasingly popular in the beauty industry, with a growing number of consumers using them to improve skin elasticity, reduce wrinkles, and promote healthy hair and nails. This trend is driving the growth of the market, particularly in the Asia Pacific region.

Overall, the collagen supplement market is expected to continue growing in the coming years, driven by these and other trends, as well as increasing consumer awareness of the health benefits of collagen and growing aging population.

Collagen Supplement Market Driving Factors

There are several driving factors that are fueling the growth of the global collagen supplement market. Some of the key driving factors include:

  1. Growing aging population: The global population is aging rapidly, which is increasing the demand for collagen supplements. Collagen production declines with age, leading to wrinkles, joint pain, and other health issues. Collagen supplements are becoming increasingly popular among older consumers who want to improve their skin, bone, and joint health.
  2. Increasing awareness of the health benefits of collagen: Consumers are becoming more aware of the health benefits of collagen, such as improving skin elasticity, reducing joint pain, and promoting healthy hair and nails. This is driving the demand for collagen supplements, particularly in the beauty and wellness industries.
  3. Rising demand for natural and organic products: Consumers are increasingly seeking natural and organic products that are free from chemicals and additives. Collagen supplements are typically derived from animal sources, but companies are responding to this trend by developing plant-based collagen supplements that appeal to health-conscious consumers.
  4. Expansion of distribution channels: Collagen supplements are widely available through various distribution channels such as online retailers, supermarkets, drug stores, and specialty stores. The expansion of these channels is making it easier for consumers to access collagen supplements, which is driving the growth of the market.
  5. Innovation in product development: Companies are investing in research and development to develop new and innovative collagen supplement products that cater to the diverse needs of consumers. For example, companies are developing collagen supplements in different forms such as gummies, shots, and bars, to offer consumers more convenient and innovative options.

Overall, these driving factors are expected to continue fueling the growth of the global collagen supplement market in the coming years.

Collagen Supplement Market Regional Analysis

The global collagen supplement market can be analyzed by region, with key regions including North America, Europe, Asia Pacific, and the rest of the world. Here is a brief overview of the collagen supplement market in each of these regions:

  1. North America: The North American market is currently the largest market for collagen supplements, driven by increasing consumer demand for natural and organic products, rising health consciousness, and the growing aging population. The United States is the largest market within the region, accounting for a significant share of the global market.
  2. Europe: Europe is the second-largest market for collagen supplements, with increasing demand from countries such as Germany, France, and the UK. The market growth is driven by factors such as the increasing popularity of beauty and wellness trends, rising health consciousness, and growing aging population.
  3. Asia Pacific: The Asia Pacific market is expected to grow rapidly in the coming years, driven by factors such as increasing consumer awareness of the health benefits of collagen, rising disposable income, and growing beauty and wellness trends. Countries such as China, Japan, and South Korea are expected to be major contributors to market growth within the region.
  4. Rest of the World: The rest of the world includes regions such as Latin America and the Middle East & Africa. These regions are expected to see moderate growth in the collagen supplement market in the coming years, driven by factors such as increasing consumer awareness and growing demand for natural and organic products.

Overall, the collagen supplement market is expected to see significant growth across all regions in the coming years, with the Asia Pacific region expected to grow at the fastest rate due to its large population, rising disposable income, and growing awareness of the health benefits of collagen.

Collagen Supplement Market Forecasts 2030 

The global collagen supplement market is expected to continue its growth trajectory in the coming years. The collagen supplement market is projected to reach USD 7.53 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030.Factors such as the increasing aging population, rising awareness of the health benefits of collagen, and growing demand for natural and organic products are expected to drive the growth of the market. The Asia Pacific region is expected to be the fastest-growing market, driven by factors such as rising disposable income, increasing health consciousness, and growing beauty and wellness trends.Moreover, companies are expected to continue investing in research and development to develop new and innovative collagen supplement products that cater to the diverse needs of consumers. The expansion of distribution channels and the increasing popularity of e-commerce platforms are also expected to contribute to market growth.Overall, the collagen supplement market is expected to see strong growth in the coming years, driven by these and other factors, and is expected to continue to be a major player in the beauty and wellness industries.

Collagen Supplement Market Key Industry Players

The global collagen supplement market is highly competitive, with many players operating in the market. Here are some of the key industry players in the collagen supplement market:

  1. Nestle Health Science: Nestle Health Science is a leading player in the global collagen supplement market, offering a range of collagen products under its brand names such as Peptamen and Nutren. The company offers collagen products for medical and sports nutrition purposes.
  2. Amway: Amway is a global health and wellness company that offers a range of collagen supplements under its Nutrilite brand. The company's collagen supplements are marketed as supporting skin, hair, and nail health.
  3. Vital Proteins: Vital Proteins is a US-based company that offers a range of collagen supplements, including powders, capsules, and bars. The company's products are marketed as supporting overall health and wellness, as well as skin, hair, and nail health.
  4. Gelita AG: Gelita AG is a global supplier of collagen proteins for food, health, and nutrition industries. The company offers a range of collagen peptides and gelatins for use in supplements, functional foods, and other applications.
  5. Rousselot: Rousselot is a global manufacturer of gelatins and collagen peptides for use in food, health, and nutrition industries. The company offers a range of collagen peptides for use in supplements and functional foods, as well as for applications such as joint health.
  6. Shiseido Company, Limited: Shiseido is a Japanese beauty and personal care company that offers a range of collagen supplements under its brand names such as "The Collagen" and "The Collagen Enriched." The company's products are marketed as supporting skin health and beauty.

These are just a few examples of the key industry players in the collagen supplement market. Other major players include NeoCell Corporation, YouTheory, Inc., and BioCell Technology LLC, among others.

 

 

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