Press release
Collagen Supplements Market to Witness a Pronounce Growth During 2024 - 2031 | Vital Proteins, The Clorox Company
Collagen Supplements Market
The global collagen supplements market was valued at US$ 2,026.70 Mn in 2021 and is forecast to reach a value of US$ 3,233.14 Mn by 2028 at a CAGR of 7.0% between 2022 and 2028.
Market Dynamics:
The collagen supplements market is expected to witness significant growth over the forecast period owing to increasing awareness about health and wellness. Collagen plays an important role in maintaining youthful and glowy skin and research shows decline in collagen production with aging leads to wrinkles and joint pain. Growing geriatric population worldwide is driving the demand for anti-aging products and dietary supplements containing collagen. This has boosted the sales of collagen supplements globally. Furthermore, rising adoption of Western lifestyle associated with sedentary jobs and processed food has increased the risk of joint disorders among young population propelling the need for joint health supplements.
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Collagen Supplements Market Drivers, Restrains, Opportunities and Trends
Increasing awareness regarding health and wellness among consumers
The consumption of collagen supplements is on a rise as consumers are becoming more aware about the importance of maintaining overall good health and wellness. Collagen is crucial for maintaining healthy bones, joints and skin. With growing health consciousness, people are consciously making lifestyle changes and dietary adjustments to lead an active life. Collagen supplements are seen as a simple solution to support joint health, skin elasticity and muscle gain. The supplements industry is promoting collagen products as an effective anti-aging remedy which is attracting the elderly demographic as well. Various marketing campaigns focusing on lifestyle and wellness is spreading more information about benefits of collagen and driving the demand up.
Expanding into newer applications
Collagen supplements manufacturers have an opportunity to broaden the scope and drive further adoption by exploring new usages of collagen peptides. While joint and bone health are the major application areas currently, ongoing research is establishing collagen's efficacy for various other purposes. Some potential new avenues that can be tapped are nutrition and sports supplements, wound healing products, medical therapeutics and cosmeceuticals. In addition to dietary supplements, collagen derived solutions suitable for topical applications, injections or consumer goods can open up a whole new category. This will increase the total addressable market beyond just oral supplements. With its versatile functional properties, collagen extracts have opportunities to disrupt adjacent industries by delivering tangible wellness benefits through new delivery formats.
Rise of nutraceutical industry boosting functional ingredients
The nutraceutical industry comprising functional foods, beverages, dietary supplements and sports nutrition is witnessing exponential growth globally. This mega trend is fueling the demand for specialized ingredients that provide targeted health advantages. Ingredients like antioxidants, probiotics, plant extracts, proteins and collagen are gaining prominence in the nutrition domain. Nutraceutical product developers are actively exploring new sources of clinically validated bioactive ingredients for formulated solutions. Collagen's application in industries like food, cosmetics and pharmaceuticals is attracting more R&D investments and innovation. The rise of collagen itself can be attributed to growing nutraceutical market trends where consumers are keen to supplement their diets with remedial components for anti-aging and tissue repair. This thriving industry environment acts as tailwind for collagen extracts business.
Top Companies Included in This Report:
★ Vital Proteins
★ The Clorox Company
★ The Bountiful Company
★ TCI Co., Ltd.,
★ Glanbia Plc
★ Further Food
★ Codeage LLC.
★ Shiseido Company Ltd.
★ Biotech USA
★ Hunter & Gather Foods Ltd.
★ among others
Market Segmentation:
Based on Product Type:
★ By Source: Marine & Poultry, Porcine, and Bovine
★ By Form: Pills, Powder, and Liquid/Drinks
★ By Sales Channel: Pharmacy, Specialty Store, and Online Store
Key Regions/Countries Classified as Follows:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Latest Trends in the Navigation Collagen Supplements Market:
Surging Demand: Witness a rising demand for navigation Collagen Supplements owing to the escalating usage of GPS-enabled devices and the imperative for precise, up-to-date mapping data.
Innovations in Technology: Witness the emergence of novel technologies aimed at enhancing the precision and dependability of navigation Collagen Supplements , encompassing real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions for Diverse Industries: Companies are tailoring navigation Collagen Supplements solutions to cater to the distinct requirements of various sectors such as automotive, aviation, and maritime.
Fusion with Emerging Technologies: Observe the integration of navigation Collagen Supplements with cutting-edge technologies like artificial intelligence and the Internet of Things, facilitating the provision of advanced functionalities.
Rise of Mobile Applications: Experience the proliferation of navigation Collagen Supplements in the form of mobile applications, offering enhanced convenience and accessibility to users.
Emphasis on Environmental Sustainability: Witness the development of navigation Collagen Supplements systems that consider environmental factors such as traffic congestion and air quality, fostering the provision of sustainable transportation alternatives.
Report Highlights:
Evaluation of Navigation Collagen Supplements Market Share at Country and Regional Levels.
Strategic Landscape Analysis, Highlighting Key Trends.
Examination of Navigation Collagen Supplements Market Trends, Including Product and Technological Insights, Drivers and Constraints, and PORTER's Five Forces Analysis.
Strategic Recommendations for Key Business Segments Based on Market Assessments.
Guidance Tailored for New Entrants.
Market Forecasts for All Identified Segments, Sub-segments, and Regional Markets in the Navigation Collagen Supplements Sector.
Frequently Asked Questions (FAQs) for Global Navigation Collagen Supplements Market Research:
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Which region demonstrates the highest growth rate in the Navigation Collagen Supplements Market?
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WellMe Collagen Refresh - ( How Does WellMe Collagen Refresh Work? Reviewed)
✅ Product Name - WellMe Collagen Refresh
✅ Category - Collagen For Joint, Skin And Nails
✅ Side-Effects - N/A
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