Global Collagen Supplements Market

Collagen Supplements Market Size, Share, Growth Analysis, By Form(Pills & Gummies, Powder and Liquid/Drinks), By Distribution Channel(Pharmacy, Online Store and Specialty Store), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30H2092 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 61 | Figures: 75

Collagen Supplements Market Insights

Collagen Supplements Market size was valued at USD 2.22 Billion in 2023 and is poised to grow from USD 2.34 Billion in 2024 to USD 3.59 Billion by 2032, growing at a CAGR of 5.50% during the forecast period (2025-2032).

A growing emphasis on leading a healthy lifestyle and an increase in product customers are promoting market expansion. The need for collagen supplements is also being aided by increased import demand for collagen, growing middle-class population, and rising nutritional value knowledge. People are recommended to intake collagen supplements for maintaining their health and preventing diseases such as rheumatoid arthritis, inflammatory bone diseases, and arthritis due to the rising prevalence of these conditions. The age group and economic level also have a significant impact on whether collagen supplements are bought.

Collagen, which makes up the majority of bones, tendons, muscles, ligaments, joints, and other organs, as well as hair, skin, and nails, plays a significant part in the formation of the human body. Collagen production in the human body decreases with aging. Therefore, taking a collagen supplement can help prevent aging and other digestive problems. As a result, its demand has increased in recent years. Different collagen supplement forms are available, including powder, liquid, tablets, and gummies.

The popularity among consumers for collagen supplements is growing as health consciousness rises. The market is expected to grow throughout the forecast period as a result of factors such rising health care expenditures, increased disposable income, and widespread advertising of processed collagen supplements. The need for high-quality nutritional supplements is also rising as a result of the growing working population, which will fuel industry expansion.

The COVID-19 epidemic has had a negative impact on the market in many different places. The supply chain for manufacturing was upended when major nations declared a state of emergency. The temporary closure of enterprises and retail establishments during the pandemic had a more significant effect on the market. Farmworkers and logistical support staff also suffered as a result of this. However, this outbreak has opened up fresh opportunities for wholesalers and exporters to increase efficiency and improve safety protocols. Due to the closure of specialty stores and the prohibition on internet delivery during the lockdown, the distribution route for collagen supplements also experienced restraint.

US Collagen Supplements Market is poised to grow at sustainable CAGR for the next forecast year.

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Global Collagen Supplements Market size was valued at USD 2.10 Billion in 2022 and is poised to grow from USD 2.22 Billion in 2023 to USD 3.40 Billion by 2031, at a CAGR of 5.50% during the forecast period (2024-2031).

The nature of competition for the global collagen supplements market is currently fragmented with the presence of multiple players. The entry of new players is projected to further intensify the market competition during the forecast period. In order to fulfill the rising demand for collagen supplements, companies are primarily concentrating on developing new formulations. Low entry barriers and a larger market potential have led to the entry of new companies. Product development is possible in areas with high demand thanks to the rising popularity of collagen supplements. 'Amway', 'BioCell Technology LLC', 'Capsugel Belgium NV', 'CellMark Chemicals', 'GELITA AG', 'Nitta Gelatin Inc.', 'PB Leiner', 'Rousselot BV', 'Shiseido Company Limited', 'Vital Proteins LLC', 'Nutrafol', 'NeoCell Corporation', 'TCI Co. Ltd.', 'Zhejiang Huadong Medicine Co. Ltd.', 'Nippi Collagen NA Inc.', 'Collagen Matrix Inc.', 'Nature's Bounty Co.', 'Sanofi SA', 'Pfizer Inc.', 'Nestle SA'

Collagen supplements have been shown to be effective in improving bone and joint health, which has led to their increasing use as a preventive measure against bone and joint disorders.

Increasing demand for plant-based collagen supplements: As consumers are becoming more conscious of their dietary choices, there is a growing demand for plant-based collagen supplements. This has led to the development of collagen supplements made from sources such as algae, soy, and yeast.

North America held over 30% of the market in 2023, contributing significantly due to the high demand for collagen supplements in the United States and Canada. Additionally, the local older population is expanding, which stimulates market growth. The need for collagen supplements from the sports nutrition business is driving significant growth in this industry as well. The business is also predicted to experience amazing expansion over the course of the forecast period due to rising import demand and rising collagen supplement usage per capita.  

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Global Collagen Supplements Market

Report ID: SQMIG30H2092

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