The Global Collagen Supplement Market Is Anticipated To Reach USD ~2 Billion By The End Of 2028 – Ken Research
Global Collagen Supplement Market By Geography
The Global Collagen Supplement market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.
North America held the largest market share among all other regions within the global collagen supplements market in 2021, due to increasing demand for collagen supplements from the sports nutrition industry in the region.
The expanding geriatric patient population in countries, such as USA, has boosted the consumption of collagen supplements in the region. Moreover, growing skin consciousness among young and adult populations enhances regional market statistics.
North America is the leading market for collagen and collagen products. The presence of high-end manufacturing capabilities and a constant rise in application areas have also majorly contributed to the flourishing market of collagen.
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Competition Scenario in Global Collagen Supplement Market
The Global Collagen Supplements Market is highly competitive with ~125 players, including globally diversified players, regional players, and many country-niche players. Most of the country-niche players are the manufacturers of raw materials for collagen supplements used in various end-user industries.
Regional players constitute ~35% of the total number of competitors, while country-niche players dominate representing ~45% of total competitors. Some of the major players in the market include Codeage LLC, Everest NeoCell LLC, Hunter and Gather Foods, Nestlé, NUTRAFORMIS, Optimum Nutrition, Inc, Shiseido Company, Limited, TCI CO., LTD, THE BOUNTIFUL COMPANY, The Clorox Company, among others.
What is the Expected Future Outlook for the Overall Global COLLAGEN SUPPLEMENT Market Across the globe?
The Global Collagen Supplement market was valued at USD ~billion in 2022 and is anticipated to reach USD ~2 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Global Collagen Supplement market is driven by the rising demand for collagen peptides in nutraceuticals and food & beverage industries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.
With the increasing collaboration and emergence of new products, the Global Collagen Supplement market is changing rapidly. For instance, In May 2022, a USA based natural health and nutrition supplement manufacturing company, MD Logic Health, launched marine collagen with a special blend of co-factors including vitamins A, C, zinc, copper, and biotin. The product is committed to all types of tests and assurance standards.
In January 2021, Darling Ingredients launched Peptan, a marine collagen peptide under its brand name, Rousselot. The new product helped the company enter the nutricosmetics and dietary supplements market.
The Global Collagen Supplements Market witnessed positive impact due to COVID-19 as the demand for collagen supplements kept on increasing during and after the pandemic. Most collagen supplements are sold in the form of gummies as there is a number of flavor options available in gummies that attract the interest of consumers. Pharmacies are the most popular source of distribution channels through which supplements are sold. However, online channels are also gaining popularity as the prices are much lower. Nutraceuticals is the largest industry for the collagen supplements market that faced a massive incline worldwide during the pandemic period. The market is primarily driven by the increasing usage of collagen supplements in cosmetics, healthcare, food & beverages, and other industries. Though the market is competitive with over ~125 participants, country-niche players control the dominant share in the market and regional players also hold a significant share.
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Key Topics Covered in the Report
- Snapshot of Global Collagen Supplements Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Collagen Supplements Market
- Historic Growth of Overall Global Collagen Supplements Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of Global Collagen Supplements Industry
- Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
- Covid-19 Impact on the Overall Global Collagen Supplements Market
- Future Market Forecast and Growth Rates of the Total Global Collagen Supplements Market and Segments
- Market Size of End User Segments with Historical CAGR and Future Forecasts
- Analysis of Global Collagen Supplements Market
- Major Production/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
Notable Key Players Mentioned in the Report
- Codeage LLC
- Everest NeoCell LLC
- Hunter and Gather Foods
- Nestlé
- NUTRAFORMIS
- Optimum Nutrition, Inc
- Shiseido Company, Limited
- TCI CO., LTD
- THE BOUNTIFUL COMPANY
- The Clorox Company
Notable Emerging Companies Mentioned in the Report
- Lapi Gelatine S.p.a.
- Jellatech
- GreenPharm Private Label
- GELITA AG
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Collagen Supplements Manufacturers
- Collagen Supplements Suppliers
- Distributors of Collagen Supplements
- Bovine Extract Suppliers for Pharmaceutical Industry
- Marine & Poultry Extract Suppliers for Pharmaceutical Industry
- Porcine Extract Suppliers for Pharmaceutical Industry
- Powder Collagen Supplements Manufacturers
- Capsules Collagen Supplements Manufacturers
- Gummies Collagen Supplements Manufacturers
- Liquid Collagen Supplements Manufacturers
- Collagen Supplements Packaging Material Providers
- Emerging and Startup Collagen Supplements Companies in the Market
- Different Types of Collagen Supplements Institutes
- Government Departments of Dietary Supplements
- Ministries and Departments of Pharmaceuticals
- Ministries and Departments of Healthcare
- Importers and Distributors of Collagen Supplements
Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
For more insights on the market intelligence, refer to the link below:-
Global Collagen Supplement Market
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