Collagen Drinks Market: Projected to Reach USD 689.5 Million by 2034 | FMI

Collagen Drinks Market

Collagen Drinks Market

The global Collagen Drinks industry is estimated to be worth USD 289.5 Million by 2024. It is projected to reach USD 689.5 Million by 2034, reflecting a CAGR of 8.6% over the assessment period 2024 to 2034.

Collagen is a structural protein. It is important for connective tissues like the skin, bones, and joints. This is why collagen is an ingredient in health supplements. These supplements are intended to improve skin elasticity and joint health. Collagen drinks are considered the building blocks of bouncy and youthful-looking skin. The collagen levels start declining somewhere around 25 years of age.

Aesthetic-conscious consumers are the key targets of collagen drinks merchants. Macro factors like inflating disposable income, enhancing the standard of living, and improving accessibility of collagen drinks are also complementing the market growth.

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Collagen is found in our ligaments, skin, and muscles. Thus, the reduced levels of collagen are concerning for sports enthusiasts and sports people. Due to this factor, manufacturers are doing their best to introduce collagen-enriched drinks in the market in handy packaging for gym-goers and sports people.

Consuming collagen drinks help boost skin hydration, elasticity, and strength. Leveraging this insight, the food industry is releasing collagen-boosting beverages in different and delicious flavors to increase their acceptability in the market.

As the health benefits of collagen drinks gain centerstage, their sales are expected to be multifold over time. Beauty brands can be seen leveraging this trend for a significant amount of time now. The effective marketing of these drinks on popular social media platforms and brand collaborations are projected to fuel the sales of collagen drinks.

Many beauty brands like Sheishedo and VityBox are continuously releasing their distinct collagen drinks, which is a testament to the swelling excitement for products that boost skin health from within.

As per reliable sources, a substantial amount of European people are prioritizing products that have a positive, lasting impact on their overall wellness and health. Collagen drinks certainly fall under this category.

The age group of 20 to 25 is also ingesting collagen drinks as a preventative measure or at the earliest when signs of aging are just beginning to be visible. Growing awareness regarding the consumption of collagen drinks at an early stage to reap its benefits is facilitating its sales.

Competition Outlook

The global collagen drinks market is characterized by fierce competition as leading manufacturers are aimed at innovations and the development of technology to improve the quality of ingredients. The most recognized names: Shiseido Company Ltd., Vital Proteins, AmorePacific Corporation, and The Protein Drinks Co.-have been working diligently on developing novel formulations to satisfy the rising demand for wellness beverages.

With the rapid increase in consumption in South Asia and East Asia, driven primarily by the surrounding environment in the modeling and fashion industries, these firms are likely to cement a stronghold in these regions.

With a large share of millennials and Gen-Z populations that represent primary consumers of nutraceuticals, so pose great opportunities for growth of the market. As these demographics place a higher value on health and beauty, brands adopt the trend of selling plant-based collagen drinks since this aligns with the consumer preference for clean and sustainable products. In other words, innovations and regional market penetration will boost the global collagen drinks market in its growth trajectory during the forecast span.

For instance

  • In July 2022, Evonik introduced its non-animal derived collagen platform, Vecollan, at a commercial scale specifically for medical device applications.
  • In 2020, German beverage producer Black Labels Co has launched a three-strong line of collagen protein drinks.

Leading Brands

  • Shiseido Company Ltd.
  • Vital Protein LLC
  • AmorePacific Corporation
  • The Protein Drinks Co.
  • Sappe Public Company Ltd.
  • Asertism Healthcare
  • Hangzhou Nutrition Biotechnology Co. Ltd
  • Anveva Nutraceuticals Ltd.
  • Kinohimitsu
  • Bottles Science Ltd
  • Bauer Nutrition
  • Lacka Foods Ltd.
  • Revive Collagen
  • Heivy
  • The Collagen Company

Key Segments of the Report

By End User:

As per end user, the industry has been categorized into Millennials and Gen Z, Elderly Population, Athletes and Fitness Enthusiasts, Pregnant & Postpartum Women, Health-Conscious Individuals and Others.

By Application:

As per Application, the industry has been categorized into Beauty and Personal Care, Nutraceutical Drinks, Sports Nutrition, Weight Management, Clinical Nutrition and Others Applications.

By Source:

This segment is further categorized into Plant Based Collagen Drinks and Animal Based Collagen Drinks.

By Sales Channel:

As per sales channel, the industry has been categorized into Modern Trade, Specialty Stores, Pharmacy and Drug Stores, Online Retail Store and Other Sales Channels.

By Region:

Industry analysis has been carried out in key countries of North America, Western Europe, Eastern Europe, Russia & Belarus, Balkan & Baltic Countries, Latin America, Central Asia, East Asia, Middle East & Africa and South Asia & Pacific.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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