Collagen Supplement Market Worth US$ 3,694.9 million by 2030

According to the Market Statsville Group (MSG), the global collagen supplement market was valued at USD 2,026.8 million in 2021 and is projected to reach USD 3,694.9 million by 2030, registering a CAGR of 6.9% during the study period (2022-2030)

the collagen supplement market was experiencing significant growth and popularity. Collagen is a protein that is a major component of connective tissues in the body, such as skin, bones, tendons, and ligaments. It is often associated with promoting skin elasticity, joint health, and overall well-being.

The market for collagen supplements had been expanding for several reasons:

Beauty and Anti-Aging Trends: Collagen is often marketed for its potential to improve skin elasticity and reduce the appearance of wrinkles, which aligns with the growing interest in beauty and anti-aging products.

Joint and Bone Health: Collagen is a major component of joints and bones. It's been suggested that collagen supplementation might help with joint pain and bone density, appealing to individuals concerned about maintaining their mobility and overall skeletal health.

Diverse Product Range: Collagen supplements come in various forms, such as powders, pills, capsules, and even added to foods and beverages. This wide variety of options makes it accessible to a broad range of consumers.

 

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Collagen Supplement Market Dynamics

Consumer Awareness and Education: Increasing consumer awareness about the benefits of collagen supplementation for skin health, joint support, and overall wellness was a significant driving force behind the market's growth. Educational content from influencers, health experts, and manufacturers played a role in shaping perceptions.

Aging Population: With a growing global aging population, there was an increased interest in products that support joint health and maintain youthful skin appearance. Collagen supplements were often marketed to cater to these demographic trends.

Beauty and Wellness Trends: Collagen's association with beauty and wellness trends, particularly in relation to skin health and anti-aging, contributed to its popularity among consumers looking for holistic approaches to their health routines.

Diverse Product Offerings: The market saw a wide variety of collagen supplement products, including powders, capsules, gummies, drinks, and even skincare products infused with collagen. This diversity of offerings allowed consumers to choose products that aligned with their preferences and lifestyles.

Formulation Innovation: Continuous research and development efforts led to innovations in collagen supplement formulations, such as improved absorption rates, combinations with other beneficial ingredients (like vitamins and minerals), and the development of plant-based and sustainable collagen alternatives.

 

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Market Segmentation Analysis

The study categorizes the global Collagen Supplement market based on equipment type, technology, type, installation method, distribution channel, application, and regions.

By Source Outlook (Sales, USD Million, 2017-2030)

Marine & Poultry

Porcine

Bovine

By Form Outlook (Sales, USD Million, 2017-2030)

Pills & Gummies

Powder

Liquid/Drinks

By Sales Channel Outlook (Sales, USD Million, 2017-2030)

Pharmacy

Specialty Store

Online Store

By Region Outlook (Sales, Production, USD Million, 2019-2033)

North America (Mexico, Canada, US)

South America (Peru, Brazil, Colombia, Argentina, Rest of Latin America)

Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)

Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)

The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

 

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REGIONAL ANALYSIS, 2023

Based on the region, the global Collagen Supplement market has been analyzed and segmented into five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America has been a prominent market for Collagen Supplements due to high consumer spending on electronics and a strong demand for home entertainment systems. The United States, in particular, has a large market for Collagen Supplements, driven by the popularity of streaming services and the desire for immersive audio experiences.

The Asia Pacific region, including countries like China, Japan, and South Korea, has witnessed substantial growth in the Collagen Supplement market. Factors contributing to this growth include the rising disposable income, increasing urbanization, and the growing popularity of home theater systems among consumers in the region.

 

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Major Key Players in the Collagen Supplement Market

The global Collagen Supplement market is fragmented into a few major players and other local, small, and mid-sized manufacturers/providers, they are –

Further Food

Glanbia Plc.

Codeage LLC.

Hunter & Gather

Optimum Nutrition, Inc,

BIoTechUSA

TCI CO., LTD.

Vital Proteins LLC

Shiseido Co. Ltd

The Clorox Company

Nature's Bounty Co.