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 2024-2031

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).

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.