The global collagen supplement market is poised for substantial growth, with its market size estimated to reach around US$ 1,655.7 million in 2024. The rising demand for collagen supplement drinks and food items is anticipated to fuel this growth, with the market projected to expand at a compound annual growth rate (CAGR) of 6.4% over the forecast period, reaching nearly US$ 3,089.7 million by 2034.
Collagen Supplement Market Trends & Analysis
Several factors are driving the growth of the collagen supplement market. Notably, there is a significant increase in healthcare and personal care expenditures globally, particularly in developing countries. The development of healthcare supplements tailored to meet the needs of an expanding urban population is a key driver of market growth. Additionally, the continuous introduction of environmentally friendly and effective skincare products that cater to broader skincare regimes is expected to propel the market forward.
The growing market for immune health supplements is also contributing to the increased demand for collagen supplements. This trend highlights the importance of raising consumer awareness about the benefits of collagen supplements for overall health and wellness.
Global Collagen Supplement Market Historical Analysis Vs Forecast Outlook
The global collagen supplement market has shown steady growth over the past few years. In 2019, the market was valued at US$ 1,269.7 million. Despite challenges posed by the COVID-19 pandemic, the market value increased at a CAGR of 5.99% between 2019 and 2023, reaching US$ 1,655.7 million by the end of 2023.
The pandemic temporarily disrupted businesses and retail outlets, but wholesalers and exporters found innovative ways to increase productivity and enhance safety protocols. This period also emphasized the critical role of supplements in maintaining the health and wellness of COVID-19 patients with mild symptoms, further boosting the market.
Prominent Factors Fuelling the Global Collagen Supplement Market Growth
Several factors are likely to drive the demand for collagen supplements in the coming years. One key driver is the growing preference for supplements that can help reduce medical costs. Additionally, the emergence of a growing middle-class population and increasing nutritional awareness are facilitating the import demand for collagen supplements.
Scientific evidence supporting the benefits of collagen supplements is also expected to boost sales. The demand for flavored gummies is particularly noteworthy, as consumers are increasingly seeking enjoyable and convenient ways to incorporate supplements into their daily routines. Consequently, increased spending on research and development by key players to develop collagen supplements with native fruits and ingredients is expected to strengthen the market outlook.
Regional Market Insights
The collagen supplement market is expected to experience significant growth across various regions. The United States, Germany, Japan, India, and China are anticipated to thrive at lucrative CAGRs in the sales of collagen supplement food and beverages.
- United States: The U.S. dominates the North American collagen supplement market, with an expected CAGR of 6.2% through 2034. Factors driving this growth include increased consumer awareness of the benefits of collagen tripeptides and peptides, rising investment opportunities for collagen manufacturers, and a heightened consciousness of collagen supplements among consumers.
- Germany: The demand for collagen supplements in Germany is expected to grow at a CAGR of 6% over the forecast years. The popularity of joint and bone health supplements among the elderly and the traction gained by hydrolyzed collagen supplements in the cosmetics and nutrition product manufacturing industries are key growth drivers.
- Japan: Collagen sales in Japan are projected to increase at a CAGR of 5% between 2024 and 2034. Japanese consumers are increasingly incorporating collagen supplements for natural beauty and as remedies for inflammatory bone diseases, arthritis, and rheumatoid arthritis.
- China: The collagen supplement industry in China is anticipated to expand at a CAGR of 5.4% through the projected years. A greater emphasis on diet plans for athletes and an increasing geriatric population are expected to drive the sales of collagen-infused drinks and food items in the country.
- India: India is expected to witness the most lucrative CAGR of 5.8% for sales of collagen supplements in Asia through 2034. Rising disposable incomes and growing awareness of the importance of skin and hair health are anticipated to fuel demand. The promotion of Ayurvedic medicines and trust in natural and organic ingredients further contribute to the better performance of the collagen supplement industry in India.
Competitive Landscape for Collagen Supplement Market
The global collagen protein supplement market is currently moderately competitive and the rivalry is expected to intense during the projected years. Key players operating in collagen supplements have limited manufacturing capacity, with product manufacturing plants located close to raw material sources, resulting in low prices of raw materials. Manufacturers are also involved in the product’s distribution via vast distribution channels distributed across developed economies such as North America and Europe.
Recent Developments in the Global Collagen Supplement Market
- In February 2024, Loreal developed the second iteration of its Age Perfect Collagen Royal Anti-Aging Face Cream, effectively tapping into the rapidly expanding recombinant collagen market in China.
- In November 2023, Elemis declared to introduce Pro-Collagen Skin Future Supplements in 2024. The product containing food-grade hyaluronic acid, an antioxidant combination, chlorella, and vitamins A and C ingredients is priced at US$ 99 and is available only at QVC.
- In 2020, Life Extension Introduces a New Hydrolyzed Collagen Supplement: Peptides of Collagen for Skin and Joints.
- In 2021, Ancient Nutrition, a supplement company based on regenerative agriculture, launched its latest line of collagen peptide formulas, which are clinically proven to deliver efficacious results in as little as one day.
Key Players Profiled in the Collagen Supplement Market Report
- Ancient Nutrition
- Nitta Gelatin Inc.
- Darling Ingredients Inc.
- Koninklijke DSM N.V.
- CONNOILS LL
- Collagen Matrix
- Titan Biotech Ltd
- Protein SA
- Life Extension
- GELITA AG
- Weishardt
- Tessenderlo Group NV
- LAPI GELATINE S.p.a.
- ITALGELATINE S.p.A.
- Trobas Gelatine B.V
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Key Segments Covered by Collagen Supplement Industry Survey Report
By Product Type:
- Gelatin
- Hydrolyzed
- Native
By Form Type:
- Powder
- Liquid
- Pills & Gummies
By Source:
- Bovine
- Porcine
- Marine & Poultry
By End Use:
- Nutritional Products
- Snacks & Cereals
- Dairy Products
- Beverages
- Meat & Poultry
- Bakery & Confectionery
- Other End Users
By Sales Channel:
- B2B or Direct Sales
- B2C or Indirect Sales
- Modern Trade
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retail Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East and Africa (MEA)
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