Collagen Supplements Market Report Scope & Overview:
The Collagen Supplements Market Size was esteemed at USD 1.89 billion out of 2022 and is supposed to arrive at USD 2.98 billion by 2030, and develop at a CAGR of 5.84% over the forecast period 2023-2030.
Collagen supplements are dietary enhancements that are utilized to address the lack of collagen in the eating regimen. They are generally gotten from the bones and skin of creatures and fish. They arrive in different structures, including pills, chewy candies, powder, and beverages. Collagen supplements are accessible across the world and can be consumed without the remedy of a clinical specialist. Collagen supplements are extremely well known among jocks and ordinary wellness lovers as they assist them with keeping up with the soundness of their skin and bones.
The interest in collagen supplements has stayed predictable among purchasers. The episode of the novel Covid has insignificantly impacted the development of the market around the world. Slight diminishing has been seen in the offer of collagen supplements because of a lull in the creation because of the execution of lockdown. Moreover, the disturbance of the store network has marginally impacted the inventory of the item in the worldwide market.
Purchaser's developing craving to forestall untimely maturing is raising the interest for collagen peptide-mixed nutricosmetics, consequently, driving the market considered. Moreover, the development of the collagen supplement market can be ascribed to a few well-being and magnificence benefits related to the ingestion of collagen supplements. As the ingestion of collagen supplements improves the strength of the skin by diminishing dryness and kinks. It likewise increments bulk, works on bone wellbeing and gives ease from joint agony.
Impact of COVID-19:
The COVID-19 pandemic has antagonistically impacted the market in different areas. The lockdown forced in significant nations upset the store network for item fabricating. The impermanent closure of business and retail shops additionally impacted the market during the pandemic. This further seriously affected strategy providers and farmworkers. Be that as it may, this pandemic has likewise shown wholesalers and exporters new ways for developing efficiency and further developing wellbeing conventions. The dissemination channel of collagen supplements additionally endured limits inferable from the conclusion of specialty stores and the prohibition on web-based conveyance during the lockdown.
Market Estimations:
By source:
By source, the ox-like section was the biggest fragment and is supposed to stay prevailing during the conjecture time frame. The development of this portion is credited to collagen supplements being extremely well known among weight lifters and competitors.
By structure:
By structure, the pills and chewy candies fragment was the biggest and the quickest developing section and is supposed to stay prevailing over the gauge period. The development of this section is ascribed to an expansion in the interest and utilization of dietary enhancements that come as pills and chewy candies, attributable to ascend in wellbeing worries among customers.
Sales Channel:
The drug store fragment in the collagen supplement market was the biggest section and is supposed to stay prevailing over the conjecture period. The development of this section can be credited to drug stores being in many cases considered as a considerably more confided in source to gain medicine and supplementation.
Market Segmentation:
By Source:
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Marine & Poultry
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Porcine
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Bovine
By Form:
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Pills & Gummies
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Powder
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Liquid/Drinks
By Sales Channel:
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Pharmacy
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Specialty Store
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Online Store
Regional Analysis:
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North America
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USA
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Canada
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Mexico
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Europe
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Germany
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UK
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France
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Italy
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Spain
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The Netherlands
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Rest of Europe
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Asia-Pacific
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Japan
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south Korea
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China
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India
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Australia
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Rest of Asia-Pacific
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The Middle East & Africa
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Israel
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UAE
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Argentina
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Rest of Latin America
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North America was the biggest market, regarding income age. The U.S. is additionally expected to extend at a striking development rate displaying the most noteworthy offer over the figure time frame. Nonetheless, Asia-Pacific and LAMEA locales in the collagen supplement market are supposed to observe striking development during the figure time frame. The market development in these locales can be ascribed to expansion in the reception of good food and enhancements.
Key Players:
Optimum Nutrition, Inc, BIoTechUSA, TCI CO., LTD., Further Food, Vital Proteins LLC, Hunter&Gather, Shiseido Co. Ltd, The Clorox Company, Nature's Bounty Co., and Codeage LLC.
Optimum Nutrition, Inc-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.89 Billion |
| Market Size by 2030 | US$ 2.98 Billion |
| CAGR | CAGR 5.84% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Source (Marine & Poultry, Porcine, and Bovine) • by Form (Pills & Gummies, Powder, and Liquid/Drinks) • by Concentration (Pharmacy, Specialty Store, and Online Store) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Optimum Nutrition, Inc, BIoTechUSA, TCI CO., LTD., Further Food, Vital Proteins LLC, Hunter&Gather, Shiseido Co. Ltd, The Clorox Company, Nature's Bounty Co., and Codeage LLC. |