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Collagen Supplements Market to Reach US$ 4.5 Billion by 2033, Driven by Rising Demand for Natural Products

11-07-2024 04:23 AM CET | Food & Beverage

Press release from: Persistence Market Research

Collagen Supplements Market to Reach US$ 4.5 Billion by 2033,

The global collagen supplements market, valued at USD 2.3 billion in 2023, is anticipated to experience steady growth driven by increasing consumer interest in health and wellness, rising cases of joint and bone-related conditions, and surging demand for anti-aging and skincare solutions. A recent study by Persistence Market Research forecasts that the market is set to expand at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2033, reaching a market value of USD 4.5 billion by 2033.

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Market Overview
Collagen, a structural protein essential for maintaining skin, bone, and joint health, is garnering widespread consumer attention. With the natural decline of collagen production in the body due to aging, the supplement has become highly sought-after for its rejuvenating properties, making it popular among fitness enthusiasts, individuals with joint conditions, and beauty-conscious consumers. The market also reflects a growing shift toward organic and natural products, spurred by concerns over synthetic ingredients.

Key Market Drivers
Rise in Health Awareness and Bone Health Concerns
Increasing cases of rheumatoid arthritis, joint pain, and inflammatory bone diseases are creating a robust demand for collagen supplements, especially among health-conscious consumers such as bodybuilders, weightlifters, and fitness enthusiasts who focus on bone health. Collagen's role in reducing inflammation and enhancing joint mobility makes it a valuable supplement for these demographics.

Digital-First Purchasing Trends Among Millennials
The millennial generation, known for its tech-savvy approach, is significantly driving the market. They rely on online platforms to compare product reviews, assess prices, and take advantage of discounts before making purchases, often exploring various brands. With millennials being the most influential and experimental consumer group, understanding their preferences and demands is crucial for brands to stay competitive.

Increased Consumer Shift to Organic and Natural Products
With consumers becoming increasingly cautious about synthetic chemicals, demand is shifting towards natural and organic collagen supplements. Companies are heavily investing in R&D to produce verified organic products with minimal side effects, leading to the launch of collagen supplements that utilize natural ingredients.

E-Commerce Enhancing Market Access
E-commerce channels have boosted the availability of collagen supplements by offering discounts, delivery options, and cash-on-delivery features. The rise in health consciousness post-pandemic has encouraged brands to leverage social media and digital platforms, enhancing brand visibility and customer reach.

Insights by Region
France: The collagen supplement market in France is projected to grow rapidly at a CAGR of 8.9% through 2033, attributed to high consumer awareness of dietary supplements and supportive EU health regulations.
United States: The U.S. holds an 85.5% share in North America, driven by strong demand for vegan diets and wellness products. North America dominates the global market with a 25% market share, bolstered by high penetration across healthcare, food and beverage, and personal care sectors.
India: The market in India is expected to expand at a near 15% CAGR due to increasing consumer knowledge of collagen benefits for skin and overall health, along with a strong preference for natural, Ayurvedic ingredients such as ashwagandha and turmeric.
Category Insights
Gelatin Collagen Dominance
Gelatin collagen holds a 52% market share and is widely used in skincare products for its wrinkle-reducing properties. As consumers increasingly seek dietary enhancements, gelatin collagen supplements are incorporated into dairy products, sports nutrition, snacks, and beverages.

Porcine Collagen Demand
Porcine-sourced collagen accounts for approximately 35.1% of the market, valued for its high protein content and compatibility with various dietary needs. Tulip Food Company's acquisition of Zandbergen exemplifies industry efforts to expand supply chains and meet rising demand for porcine-based collagen supplements.

Emerging Trends
Influence of Dermatologists and Social Media
The widespread discussion around collagen's benefits, backed by endorsements from dermatologists, is fostering greater awareness and adoption. Experts like Tony Castillo, a registered dietitian and nutritionist, emphasize collagen's role in maintaining skin elasticity and youthfulness, making it a popular topic on beauty blogs and social media.

Shift Toward Grooming and Wellness
Lifestyle changes and growing disposable incomes are driving consumer spending on personal care products. As consumers prioritize well-being and appearance, the demand for supplements that support skincare, anti-aging, and overall health is projected to rise. Additionally, the booming skincare industry, valued in billions, is further driving the collagen supplement market.

Vegetarianism's Role in Product Development
In the U.S., consumer preference for vegan and vegetarian options is reshaping the collagen market, encouraging manufacturers to explore plant-based alternatives to traditional animal-sourced collagen.

Competitive Landscape
To remain competitive, market players are optimizing their operational efficiencies by controlling input costs and improving their supply chain dynamics. Increasing raw material prices and retail market power have necessitated innovative strategies among established brands, including cost reductions and new distribution partnerships. Additionally, companies are increasingly turning to digital platforms and influencer marketing to drive consumer engagement.

Read More: https://www.persistencemarketresearch.com/market-research/collagen-supplements-market.asp

Future Outlook
The global collagen supplements market is expected to see sustained growth through 2033, driven by ongoing innovation in supplement formulations, enhanced e-commerce distribution channels, and a heightened focus on health and beauty. As consumer preferences evolve, companies investing in natural and organic offerings, digital presence, and personalized wellness solutions are likely to capture a larger market share.

Contact Us:

Persistence Market Research
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USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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