Collagen Supplement Market Thumbnail Image

2021

Collagen Supplement Market

Collagen Supplement Market Size, Share, Competitive Landscape and Trend Analysis Report by Source, Form and Concentration : Global Opportunity Analysis and Industry Forecast, 2021-2027

FB : Nutraceutical/Wellness food

Select an option
Author's: Sumesh Kumar | Roshan Deshmukh
Publish Date:

Get Sample to Email

The global collagen supplement market size was valued at $1,827.6 million in 2019, and is projected to reach $3,017.6 million by 2027, registering a CAGR of 6.9%. North America was the highest revenue contributor, accounting for the highest market share in 2019, and is estimated to grow at a CAGR of 7.1%. The U.S. was the leading country in terms of collagen supplement consumption, and is expected to continue this trend over the forecast period. 

Collagen supplement are dietary supplements that are used to address the deficiency of collagen in the diet. They are usually derived from bones and skin of animals and fish. They come in a variety of forms, including pills, gummies, powder, and drinks. Collagen supplements are available across the world and can be consumed without the prescription of a medical practitioner. Collagen supplements are very popular among bodybuilders and regular fitness enthusiasts as they help them maintain the health of their skin and bones.

Collagen-Supplement-Market

The demand for collagen supplement has remained consistent among buyers. The outbreak of the novel coronavirus has marginally affected the growth of the market worldwide. Slight decrease has been witnessed in the sale of collagen supplement due to slowdown in the production as a result of implementation of lockdown. Furthermore, the disruption of supply chain has slightly affected the supply of the product to the global market.

The growth of the collagen supplement market can be attributed to several health and beauty benefits associated with the ingestion of collagen supplement. For instance, the ingestion of collagen supplement enhances the health of skin by reducing dryness and wrinkles. It also increases muscle mass, improves bone health, and provides relief from joint pain. Moreover, rise in diseases, such as arthritis, rheumatoid arthritis, and other inflammatory bone diseases, has encouraged consumers/people to inculcate special supplements to keep themselves agile. Moreover, easy availability of supplements due to improvement in the retail infrastructure has been beneficial to the sales of nutraceuticals such as collagen supplement. However, high cost of collagen supplement and growing adoption of veganism act as the major restraint for the collagen supplement market growth. On the contrary, growing awareness about the beneficial effects of collagen supplement in the untapped regions, such as Asia-Pacific and LAMEA, is expected to provide growth opportunities for the global market.

The collagen supplement market has been segmented based on source, form, sales channel, and region. On the basis of source, the market is divided into marine & poultry, porcine, and bovine. On the basis of form, it is fragmented into pills & gummies, powder, and liquid/drinks. Based on sales channel, it is classified into pharmacy, specialty store, and online store. Furthermore, it includes the revenue generated from the sales of food collagen supplement across North America (the U.S., Canada, Mexico), Europe (Germany, the UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, Africa, and the rest of LAMEA).

Collagen Supplement Market
By Source
Your browser does not support the canvas element.

Global Collagen Supplements Market by Source, 2019-2027, ($Million)

Based on collagen supplement market analysis by source, the bovine segment was the largest segment in 2019, and is expected to remain dominant during the forecast period. The growth of this segment is attributed to collagen supplement being very popular among bodybuilders and athletes. However, the marine & poultry segment is projected to grow at the fastest CAGR of 7.1% over the forecast period.

Collagen Supplement Market
By Form
Your browser does not support the canvas element.

Global Collagen Supplements Market by Form, 2019-2027, ($Million)

Based collagen supplement market forecast by form, the pills & gummies segment was the largest & the fastest-growing segment in 2019, and is expected to remain dominant over the forecast period. The growth of this segment is attributed to an increase in the demand and consumption of dietary supplements that come in the form of pills and gummies, owing to rise in health concerns among consumers. Furthermore, increase in inclination of consumers toward the consumption of dietary supplement to aid recovery after exercise and help in the growth of muscles is expected to fuel the growth of the pills & gummies segment in future.

Collagen Supplement Market
By Sales Channel
Your browser does not support the canvas element.

Global Collagen Supplements Market by Sales Channel, 2019-2027, ($Million)

Based on sales channel, the pharmacy segment in the collagen supplement market was the largest segment in 2019, and is expected to remain dominant over the forecast period. The growth of this segment can be attributed to pharmacies being often considered as a much more trusted source to acquire medication and supplementation. Moreover, services, such as home delivery through mails and consultations with the pharmacists, further boost the segment growth. However, the online segment is projected to grow at the fastest CAGR of 7.5% over the forecast period.

Collagen Supplement Market
By Region
2027
North America 
Europe
Asia-Pacific
LAMEA

Global Collagen Supplements Market by Region, 2019-2027, ($Million)

Region-wise, North America was the largest market in 2019, in terms of revenue generation, garnering almost one-third of the global collagen supplement market share. The U.S. is further expected to expand at a notable growth rate exhibiting the highest share over the forecast period. However, Asia-Pacific and LAMEA regions in the collagen supplement market are expected to witness notable growth during the forecast period. The market growth in these regions can be attributed to increase in adoption of healthy food & supplements.

Key players in the collagen supplement market have relied on strategies, such as innovation and business expansion, to expand their market share and to stay competitive in the global market. The key players in the collagen supplement market report include 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.

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current collagen supplement market trends, estimations, and dynamics of the market from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size & segmentation assist to determine the prevailing collagen supplement market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the collagen supplement market. 
  • The market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players in the collagen supplement industry.

Collagen Supplement Market Report Highlights

Aspects Details
icon_5
By Source
  • Marine & Poultry
  • Porcine
  • Bovine
icon_6
By Form
  • Pills & Gummies
  • Powder
  • Liquid/Drinks
icon_7
By Sales Channel
  • Pharmacy
  • Specialty Store
  • Online Store
icon_8
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Africa, Rest of LAMEA)
icon_9
Key Market Players

THE BOUNTIFUL COMPANY, GLANBIA PLC, HUNTER & GATHER FOODS LTD, SHISEIDO COMPANY, LIMITED, FURTHER FOOD, VITAL PROTEINS, LLC, THE CLOROX COMPANY, TCI CO., LTD., CODEAGE LLC, BIOTECH USA

Analyst Review


According to the CXOs of leading companies, changing lifestyle and rise in concern regarding health and beauty are encouraging consumers to seek for non-invasive and effective solutions. Therefore, they are investing in R&D activities and making continuous effort in launching new improved ingredients for nutraceuticals producers to help them in meeting the rising global demand for improved nutritional supplements. This factor promotes the use of collagen supplements in the nutraceuticals sector. The key market players in this market adopted new product launch and innovation as their key developmental strategies to fulfill the rise in demand from the final product manufacturers. According to them, rise in trend of using ingestible beauty products due to increase in concern regarding the appearance among consumers as well as consumers gaining confidence on the proven benefits of nutritional supplements is expected to fuel the demand for collagen supplements. However, the growing trend of veganism and high price of collagen supplements are expected to hamper the growth of the collagen supplement market in future.
 

Author Name(s) : Sumesh Kumar | Roshan Deshmukh
Frequently Asked Questions?

The global collagen supplement market size was valued at $1,827.6 million in 2019, and is projected to reach $3,017.6 million by 2027.

The key players profiled in the report include 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.

The sample of the report can be acquired from the official allied market research website.

The base year for the report is 2019.

The collagen supplement market has been segmented based on source, form, sales channel, and region.

The global collagen supplement market is projected to grow at a CAGR of 6.9%.

The forecast period for the report is 2021-2027.

Based on sales channel, the pharmacy segment in the collagen supplement market was the largest segment in 2019.

The outbreak of the novel coronavirus has marginally affected the growth of the market worldwide. Slight decrease has been witnessed in the sale of collagen supplement due to slowdown in the production as a result of implementation of lockdown.

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

Collagen Supplement Market

Global Opportunity Analysis and Industry Forecast, 2021-2027