Collagen Supplements Market
Collagen Supplements Market Forecasts to 2030 - Global Analysis By Form (Liquid/Drinks, Powder and Capsules and Gummies), Source, Distribution Channel and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $2.39 BN |
|
Projected Year Value (2030) |
US $4.56 BN |
|
CAGR (2023 - 2030) |
9.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Collagen Supplements Market is accounted for $2.39 billion in 2023 and is expected to reach $4.56 billion by 2030 growing at a CAGR of 9.7% during the forecast period. The manufacturing, sale, and distribution of dietary supplements containing collagen fall under the authority of the global industry known as the Collagen Supplements Market. In the body, collagen is a protein that is particularly prevalent in the skin, bones, joints, and connective tissues. In order to support numerous health and wellness benefits, collagen supplements are intended to supply the body with more collagen, frequently in the form of tablets, capsules, powders, or liquids.
According to the UN population data, Europe is home to the largest aging population in the world, where one in four Europeans are aged 60 and over.
Market Dynamics:
Driver:
Increasing health and wellness awareness
Consumers are becoming more and more conscious of the significance of maintaining overall health and well-being. Supplemental collagen is well known for its possible advantages in promoting healthy aging, skin elasticity, and joint health. Moreover, the demand for collagen supplements is driven by the growing emphasis on preventative healthcare and the desire for a youthful appearance.
Restraint:
Alternative sources available
Animal, marine, and plant-based sources of collagen can all be used to make it. Alternative collagen sources, like those generated from plants or synthetic materials, may put an end to the popularity of collagen supplements made from animals. However, the market for collagen supplements made from animal sources may be impacted by consumer preferences for sustainable or plant-based alternatives.
Opportunity:
Technology advancements
Technology advancements can improve the collagen extraction, purification, and formulation processes to produce higher-quality collagen products. The bioavailability and efficacy of collagen supplements can also be increased by cutting-edge delivery methods like nanoencapsulation or controlled-release mechanisms. Additionally, supply chain management, individualized product offerings, and more efficient manufacturing are made possible by automation and digital platforms. In addition, scientific progress in clinical trials and research can offer an improved understanding of collagen's benefits, assisting businesses in developing solutions with proven efficacy.
Threat:
Regulatory barriers and insufficient clinical trials
The market for collagen supplements is subject to a number of legal restrictions and standards, which can change between different geographical areas. Manufacturers may find it difficult to comply with these laws' rules for labeling and health claims, which could have an impact on how collagen supplements are marketed and supplied. However, while there is anecdotal evidence and feedback from consumers confirming the advantages of collagen supplements, more thorough scientific research is still required to demonstrate their efficacy. The increased acceptance and use of collagen supplements may be constrained by the absence of thorough clinical trials and standardized research procedures.
Covid-19 Impact:
Due to lockdown procedures, travel restrictions, and limited manufacturing capabilities, the collagen supplements sector, like many other industries, experienced interruptions in worldwide supply chains. Delays in collagen supplement manufacture, distribution, and availability had an adverse effect on the market's expansion during the pandemic. Several individuals are experiencing less disposable income due to the COVID-19 pandemic, economic instability, and job losses. Some consumers have scaled back on indulgences like dietary supplements as a result of this financial burden. Sales of collagen supplements have been negatively impacted by the fall in consumer purchasing power.
The grocery retail stores segment is expected to be the largest during the forecast period
Grocery Retail Stores segment is expected to hold the largest share. Supermarkets, hypermarkets, and grocery chains are instances of grocery stores with a significant consumer base. Numerous types of clientele, including families, general consumers, and those who are health-conscious, are catered to by these businesses. Grocery stores provide a huge consumer base with easy access to these products by carrying collagen supplements.
The powder segment is expected to have the highest CAGR during the forecast period
Powder segment is expected to have the highest CAGR during the forecast period. Consumers might benefit from the ease and adaptability of collagen powder supplements. Smoothies, coffee, tea, yogurt, and baked goods are only a few instances of the many food and beverage alternatives that may be easily blended and mixed with the powder form. Additionally, customers who prefer taking collagen supplements into their daily routine without changing their current eating habits are attracted to this flexibility.
Region with largest share:
Due to a substantial, rapidly expanding population, the Asia-Pacific region is anticipated to hold the largest share of the collagen supplement market. Additionally, in nations like China, India, Japan, and South Korea, increased disposable incomes, urbanization, and shifting lifestyles have all contributed to an increase in demand for health and wellness products, including collagen supplements.
Region with highest CAGR:
Asia Pacific is projected to witness lucrative growth over the forecast period, due to their supposed advantages in fostering youthful skin, enhancing skin elasticity, and decreasing evidence of aging, collagen supplements are highly sought after in this market. Additionally, the Asia-Pacific area is a large market for these products because customers' desire for healthy, radiant skin fuels the demand for collagen supplements.
Key players in the market
Some of the key players in Collagen Supplements Market include On-Group Ltd , Zenii Limited, Better Health AB, Rejuvenated Ltd , Nutraformis Limited , Absolute Collagen, Revive Collagen, The Clorox Company, Nestle SA and Shiseido Co. Limited.
Key Developments:
In August 2022, The Shiseido Beauty Innovations Fund, established by Shiseido Co, Limited, a cosmetic company, announced an investment in Trautec as a lead investor in order to boost its R&D programs and develop novel products.
In March 2022, Pura Collagen, a collagen manufacturer, introduced its new Protect, a collagen powder with ginger and orange flavors that can be easily dissolvable and collagen-rich tissues.
Forms Covered:
• Liquid/Drinks
• Powder
• Capsules and Gummies
Sources Covered:
• Marine-based
• Animal-based
Distribution Channels Covered:
• Specialty Store
• Online Store
• Pharmacies/Drug Stores
• Grocery Retail Stores
• Other Distribution Channels
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Collagen Supplements Market, By Form
5.1 Introduction
5.2 Liquid/Drinks
5.3 Powder
5.4 Capsules and Gummies
6 Global Collagen Supplements Market, By Source
6.1 Introduction
6.2 Marine-based
6.3 Animal-based
7 Global Collagen Supplements Market, By Distribution Channel
7.1 Introduction
7.2 Specialty Store
7.3 Online Store
7.4 Pharmacies/Drug Stores
7.5 Grocery Retail Stores
7.6 Other Distribution Channels
8 Global Collagen Supplements Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 On-Group Ltd
10.2 Zenii Limited
10.3 Better Health AB
10.4 Rejuvenated Ltd
10.5 Nutraformis Limited
10.6 Absolute Collagen
10.7 Revive Collagen
10.8 The Clorox Company
10.9 Nestle SA
10.10 Shiseido Co. Limited
List of Tables
1 Global Collagen Supplements Market Outlook, By Region (2021-2030) ($MN)
2 Global Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
3 Global Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
4 Global Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
5 Global Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
6 Global Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
7 Global Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
8 Global Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
9 Global Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
10 Global Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
11 Global Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
12 Global Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
13 Global Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
14 Global Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
15 North America Collagen Supplements Market Outlook, By Country (2021-2030) ($MN)
16 North America Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
17 North America Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
18 North America Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
19 North America Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
20 North America Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
21 North America Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
22 North America Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
23 North America Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
24 North America Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
25 North America Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
26 North America Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
27 North America Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
28 North America Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
29 Europe Collagen Supplements Market Outlook, By Country (2021-2030) ($MN)
30 Europe Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
31 Europe Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
32 Europe Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
33 Europe Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
34 Europe Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
35 Europe Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
36 Europe Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
37 Europe Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
38 Europe Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
39 Europe Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
40 Europe Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
41 Europe Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
42 Europe Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
43 Asia Pacific Collagen Supplements Market Outlook, By Country (2021-2030) ($MN)
44 Asia Pacific Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
45 Asia Pacific Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
46 Asia Pacific Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
47 Asia Pacific Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
48 Asia Pacific Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
49 Asia Pacific Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
50 Asia Pacific Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
51 Asia Pacific Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
52 Asia Pacific Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
53 Asia Pacific Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
54 Asia Pacific Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
55 Asia Pacific Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
56 Asia Pacific Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
57 South America Collagen Supplements Market Outlook, By Country (2021-2030) ($MN)
58 South America Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
59 South America Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
60 South America Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
61 South America Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
62 South America Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
63 South America Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
64 South America Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
65 South America Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
66 South America Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
67 South America Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
68 South America Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
69 South America Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
70 South America Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
71 Middle East & Africa Collagen Supplements Market Outlook, By Country (2021-2030) ($MN)
72 Middle East & Africa Collagen Supplements Market Outlook, By Form (2021-2030) ($MN)
73 Middle East & Africa Collagen Supplements Market Outlook, By Liquid/Drinks (2021-2030) ($MN)
74 Middle East & Africa Collagen Supplements Market Outlook, By Powder (2021-2030) ($MN)
75 Middle East & Africa Collagen Supplements Market Outlook, By Capsules and Gummies (2021-2030) ($MN)
76 Middle East & Africa Collagen Supplements Market Outlook, By Source (2021-2030) ($MN)
77 Middle East & Africa Collagen Supplements Market Outlook, By Marine-based (2021-2030) ($MN)
78 Middle East & Africa Collagen Supplements Market Outlook, By Animal-based (2021-2030) ($MN)
79 Middle East & Africa Collagen Supplements Market Outlook, By Distribution Channel (2021-2030) ($MN)
80 Middle East & Africa Collagen Supplements Market Outlook, By Specialty Store (2021-2030) ($MN)
81 Middle East & Africa Collagen Supplements Market Outlook, By Online Store (2021-2030) ($MN)
82 Middle East & Africa Collagen Supplements Market Outlook, By Pharmacies/Drug Stores (2021-2030) ($MN)
83 Middle East & Africa Collagen Supplements Market Outlook, By Grocery Retail Stores (2021-2030) ($MN)
84 Middle East & Africa Collagen Supplements Market Outlook, By Other Distribution Channels (2021-2030) ($MN)
List of Figures
List of Figures
Figure 1 Global Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 2 North America Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 3 US Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 4 Canada Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 6 Europe Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 7 Germany Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 8 UK Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 9 Italy Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 10 France Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 11 Spain Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 14 Japan Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 15 China Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 16 India Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 17 Australia Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 21 South America Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 24 Chile Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 28 UAE Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Collagen Supplements Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Collagen Supplements Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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