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2021
U.s. & Japan Collagen Supplements Market

U.S. & Japan Collagen Supplements Market

by Source, (Marine & Poultry, Porcine, Bovine), Form (Pills & Gummies, Powder, Liquid/Drinks), and Sales Channel (Pharmacy, Specialty Store, and Online Store): Country Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14563
Pages: 145
Dec 2021 | 1866 Views
Author(s) : Samriddhi C , Roshan D
Tables: 62
Charts: 46
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COVID-19

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The U.S. & Japan collagen supplements market size was valued at $796.5 million in 2020, and is projected to reach $1.6 billion by 2030, registering a CAGR of 7.4%. U.S. was the highest revenue contributor, accounting for the highest U.S. & Japan collagen supplements market share in 2020, and is estimated to grow at a CAGR of 7.5%. 

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 U.S. & Japan 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.

US-&-Japan-Collagen-Supplements-market-2021-2030

The largest consumer segment comes under the oldest segment of the population, which is the largest consumer of food supplements including protein, calcium, vitamin, and other supplements to delay the aging disorders and effects. Moreover, the adoption of an inactive or deskbound lifestyle is the major driver which propels the demand for collagen protein supplements among youth and adults in the market. 

The demand for U.S. & Japan collagen supplement has remained consistent among buyers. The outbreak of the novel coronavirus has marginally affected the growth of the market worldwide. Growth in the sales of collagen supplements in U.S. & Japan have been witnessed owing to the growing adoption of Nutraceuticals among the consumers in order to remain healthy and avoid visiting hospitals amid pandemic. Furthermore, the disruption of supply chain has slightly affected the supply of the product to the market, however, online availability was high.

The growth of the U.S. & Japan collagen supplements market can be attributed to several health and beauty benefits associated with the ingestion of collagen. For instance, the ingestion of collagen in the form of supplements 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 supplements such as U.S. & Japan collagen supplement. However, high cost of collagen supplement and growing adoption of veganism act as the major restraint for the U.S. & Japan collagen supplements market growth.

Segment review

The U.S. & Japan collagen supplements market is segmented on the basis of source, form, and sales channel. By source, the market is divided into marine & poultry, porcine, and bovine. By form, it is fragmented into pills & gummies, powder, and liquid/drinks. By sales channel, it is categorized into pharmacy, specialty stores, and online stores. Country-wise the market is bifurcated into U.S. and Japan.

The key players in the market have adopted product launch and expansion as their key strategies to stay competitive. The key players profiled in the report include Codeage LLC, Further Food, Shiseido Company, Limited, The Bountiful Company, The Clorox Company, Vital Proteins, Llc, Meiji Holdings Co., Ltd., Eisai Co., Ltd., Nizona Corporation, and Nitta Gelatin Inc. According to the market players, the major obstacle faced by them attributed to the pandemic was the disruption of supply chain. Furthermore, all the distribution channels were nearly shut down in the first quarter of the pandemic. However, online distribution channels such as online pharmacy, eBay, noon, and Amazon, have gained huge traction amidst the pandemic.

U.S. & Japan Collagen Supplements Market
By Source

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The bovine segment dominates the U.S. & Japan Collagen Supplements market and is expected to retain its dominance throughout the forecast period.

Based on U.S. & Japan collagen supplements market analysis by source, the bovine segment was the largest segment in 2020, 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 8.0% over the forecast period.

U.S. & Japan Collagen Supplements Market
By Form

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The pills & gummies segment dominates the U.S. & Japan Collagen Supplements market and is expected to retain its dominance throughout the forecast period.

Based U.S. & Japan collagen supplements market forecast by form, the pills & gummies segment was the largest & the fastest-growing segment in 2020, 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.

U.S. & Japan Collagen Supplements Market
By Distribution Channel

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The pharmacy segment dominates the U.S. & Japan Collagen Supplements market and is expected to retain its dominance throughout the forecast period.

Based on sales channel, the pharmacy segment in the U.S. & Japan collagen supplements market was the largest segment in 2020, 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 8.1% over the forecast period.

U.S. & Japan Collagen Supplements Market
By Country

2030
U.s. 
Japan

The U.S. dominated the U.S. & Japan Collagen Supplements market and is expected to retain its dominance throughout the forecast period.

The report focuses on the market growth prospects, restraints, and opportunities of the U.S. & Japan collagen supplements market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the U.S. & Japan collagen supplements market.

Some of the major players profiled for in the market analysis includes: Codeage LLC, Further Food, Shiseido Company, Limited, The Bountiful Company, The Clorox Company, Vital Proteins, Llc, Meiji Holdings Co., Ltd., Eisai Co., Ltd., Nizona Corporation, and Nitta Gelatin Inc.

Covid-19 Impact Analysis

  • U.S. & Japan collagen supplements industry was positively impacted by the pandemic owing to increase in demand for healthy nutritional products and supplements
  • Preventive measures taken against the pandemic in the form of consumption of Vitamin D, Vitamin C, Zinc, sodium, Minerals and healthy and functional foods and beverages led to a rapid increase in sales of such types of supplements products.
  • This increase in sales is expect do to continue in the post covid scenario due to the persistent consumer inclination towards health and wellbeing caused by the pandemic.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging U.S. & Japan collagen supplements market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing U.S. & Japan collagen supplements market opportunities in the market.
  • The current market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The market analysis of U.S. & Japan collagen supplements market is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The market report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

U.S. & Japan Collagen Supplements Market Report Highlights

Aspects Details
By Source
  • Marine & Poultry
  • Porcine
  • Bovine
By Form
  • Pills & Gummies
  • Powder
  • Liquid/Drinks
By Sales Channel
  • Pharmacy
  • Specialty Store
  • Online Store
BY COUNTRY
  • U.S
  • Japan
Key Market Players CODEAGE LLC, EISAI CO., LTD., FURTHER FOOD, MEIJI HOLDINGS COMPANY, LTD., NITTA GELATIN INC., NIZONA CORPORATION, SHISEIDO COMPANY, LIMITED, THE CARLYLE GROUP, THE CLOROX COMPANY, VITAL PROTEINS LLC
 

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According to the CXOs of the leading companies, the rise in concern regarding health and beauty and change in lifestyle are the factors encouraging consumers to seek non-invasive and effective solutions. Therefore, the key players of the market are investing in R&D activities and are making continuous efforts to launch new improved ingredients for nutraceuticals to meet the rise in demand for improved nutritional supplements. This factor promotes the use of collagen supplements in the nutraceuticals sector.

Consequently, a new form of supplement is launched in the market known as collagen gummy supplements, which are prevalent forms of protein. These supplements have gained popularity among adults & children and are usually prepared from corn starch, gelatin, sugar, water, and added food colorings. Some of the popular flavors include raspberry, lemon, orange, and cherry. The demand for gummy collagen supplements is likely to rise in the future as these supplements are good in taste, are chewable, and are efficient in fulfilling the requirement of collagen in the body of the consumer.

CXOs furthermore added a rise in the trend of using ingestible beauty products due to an increase in concern regarding the appearance among consumers as well as consumers gaining confidence in the proven benefits of nutritional supplements is expected to fuel the demand for collagen supplements in the U.S. & Japan. However, the rise in trend of veganism and surge in cases of fraud in supplements are expected to hamper the growth of the collagen supplement market in the future.

 

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FREQUENTLY ASKED QUESTIONS?

A. The U.S. and Japan Collagen Supplement market will expand at the CAGR of 7.4% from 2021 – 2030.

A. The U.S. and Japan Collagen Supplement market is estimated to reach $1.6 billion by 2030

A. The top impacting factors of U.S. and Japan Collagen Supplement market are growing awareness regarding collagen, growth of veganism, growing adoption of gummies and growth of online sales channels.

A. The key players operating in the market include- Codeage LLC, Further Food, Shiseido Company, Limited, The Bountiful Company.

A. The U.S. and Japan Collagen Supplement market is segmented into source, form, distribution channel and region.

A. Key growth strategies of U.S. and Japan Collagen Supplement market includes changing lifestyle and growing demand for good for you products, expansion of retail market and rise in adoption of nutraceuticals.

A. By Type, bovine segment would exhibit the highest Share from 2021 - 2030

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