Global Collagen Supplements Market - 2023-2030

Global Collagen Supplements Market - 2023-2030

Global Collagen Supplements Market reached US$ 2.54 billion in 2022 and is expected to reach US$ 3.81 billion by 2030, growing with a CAGR of 5.2% during the forecast period 2023-2030.

Supplements provide essential nutrients to the body and enhance overall health, increasing their demand in the global population. Collagen supplementation is widely adopted by consumers to enhance skin and hair health. The use of various extraction methods such as enzymatic hydrolysis and ultrasound helps in wide extraction and the use of the various types of collagen source materials, positively driving the market growth.

Major companies' initiation and support in the promotion of collagen-based supplements' importance in health maintenance helps in the wide expansion of the market growth. For instance, in May 2021, Nestle Health Science China opened a flagship store in Tmall for Vital Proteins, including Original Collagen Peptides Powder Unflavored and Marine Collagen Powder Unflavored. This initiative aims to educate Chinese consumers about the health benefits of collagen supplements.

Eco-friendly packaging has gained immense popularity recently and the innovative approach of collagen supplement manufacturers to provide an environmentally friendly product is increasing product value in the market. For instance, in February 2020, Rejuvenated Ltd, a health & beauty supplement brand, introduced the use of a bio-pouch, a compostable packaging for its Collagen Shots. The powdered skin care supplement drink is now available in eco-friendly packaging and is suitable for home composting.

Dynamics

Increased Health Consciousness Among Consumers

Collagen helps in promoting a healthy lifestyle by enhancing skin, heart and hair health. The increased consumer awareness about the health benefits associated with collagen supplements has increased the sales of the products globally. For instance, Nestle S.A's subsidiary group, Vital Proteins, a leading provider of collagen supplements noticed that the collagen demand has increased by more than 50% in 2020.

Similarly, Nutrawise, a leading manufacturer of health and wellness products noticed that the company’s Youtheory brand increased its sales from the supplements category by 76 % with collagen leading the path. Various health advantages of collagеn supplеmеntation are driving the use of these supplements by health-conscious people to promote a good healthy lifestyle, positively influencing the market growth.

Improved Functionality of Collagen Supplements

Collagen supplements are gaining immense popularity due to their increased applications in promoting the health and well-being of a person. Collagen supplements help in supporting bone and muscle health. Collagen supplements are famous for their skin and joint health, increasing their use in these applications. For instance, in November 2020, Life Extension, a U.S.-based vitamins and supplements company, introduced new hydrolyzed collagen supplement peptides for joints and skin health.

Similarly, in May 2020, Nutraformis Limited, a Health, Wellness and Fitness company in London introduced new products in thier portfolio with the launch of the new collagen products with the highest-quality marine collagen. The products are claimed to support and maintain the health of skin, hair, and nails. The wide applications of these supplements help in improving its market value, boosting the market growth.

Increasing Animal Welfare Responsibilities

Collagen supplements are sourced from various animals such as pigs and cows. According to Faunanltics, a total of about 293.2 million cattle were slaughtered in 2020, whereas pigs accounted to be over 1.5 billion. The high use of these animals in collagen supplement production is resulting in animal cruelty. With the increased animal welfare conditions globally, the demand for these collagen supplements is reducing.

Various animal welfare organizations such as the World Organization for Animal Health and the International Fund of Animal Welfare are actively participating to protect animal rights and prevent animal cruelty. Further, the cultural restriction on the consumption of certain animal-sourced products can hinder market growth in certain regions.

According to the World Animal Foundation stats of 2023, there are more than 88 million vegans present in the world. The increasing vegan population can be one of the major restraining factors for collagen supplements that are sourced from animals, restraining the market for bovine and porcine collagen supplements.

Segment Analysis

The global collagen supplements market is segmented based on source, form, distribution channel and region.

Increased Marine Collagen Application in Skin and Hair Health

The global collagen supplements market is segmented based on source into marine, bovine and porcine. The marine segment accounted for the largest share of the global collagen supplements market with its increased functionality in skin and hair health. Marine collagen is used as a faster solution to reduce wrinkles and enhance the appearance of skin.

With increased hair and skin health consciousness among consumers, the demand for marine collagen for its application in collagen supplements is driving segment growth. The new product launches sourced from marine collagen boost the segment growth. For instance, in June 2023, Z Natural Foods, a leading provider of premium quality natural foods, introduced a new product offering into the market with the launch of Hydrolyzed Marine Collagen Peptides.

Similarly, in January 2021, Darling Ingredients Inc., a manufacturer and distributor of sustainable ingredients, announced the launch of Peptan, a marine collagen peptide under its brand, Ruosselot. Ruosselot brand, the global leader of collagen-based solutions introduced this product in Beauty & Skincare Formulation Conference 2021.

Geographical Penetration

Increased Demand for Collagen Supplements Among Consumers in North America

North America dominated the collagen supplement market. With the increased consumer awareness about the various health benefits associated with collagen supplementation, there is a greater demand for this product in U.S. and Canada. There is an increased focus on consumers of supplements to improve health conditions. For instance, the Council for Responsible Nutrition’s annual Consumer Survey on Dietary Supplements on October 2022, reported that 75 % of U.S. consumers took supplements in 2022.

The region has an increased demand for collagen supplements from the sports industry. The Physical Activity Council’s report from 2021 states that 67 % of Americans aged six and above are involved in fitness sports, whereas individual sports accounted for about 43.3 % of Americans. Among Americans, 22. 1 % are reported to be participating in team sports and 52.9 % accounted for outdoor sports.

Sports persons are adopting collagen supplements to increase their performance and support tendon and ligament health, increasing the collagen market demand in the region. The improved personal consciousness among consumers is positively driving this region’s market due to its wide applications in improving skin and hair health.

Competitive Landscape

The major global players in the market include Shiseido Co. Limited, Nestle SA, The Clorox Company, Zenii Limited, Revive Collagen, Absolute Collagen, Needl, LAPI GELATINE S.p.a., Oziva and Ancient Nutrition.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic positively impacted the global collagen supplements market. Just like various other industries, the collagen supplements market also received challenges in the early pandemic stages when the collagen processing plants experienced a halt in production activities due to improper labor and other resource availability.

The strict regulations from the government resulted in the shutdown of many manufacturing industries, temporarily negatively impacting the market. The distribution channels were also creating a greater disturbance in product sales through offline stores. The greater adoption of the e-commerce sector for product promotion positively impacted the market, increasing the sales of the products.

The increased health consciousness among consumers during the pandemic increased the dietary supplements market, thereby increasing market demand. Globally, people started adopting dietary supplements to improve their health and immunity systems. According to the U.S. National Health and Nutrition Examination Survey, there was an overall increase of 20% in the consumption of dietary supplements by U.S. consumers.

Russia- Ukraine War Impact

The Russia-Ukraine war had a negative impact on many industrial sectors, including supplements. The war created a disturbance in the sourcing of the raw materials required for product development. The scarcity of raw materials and distribution channel disruption affected the collagen supplement market growth in a negative way.

The war created import and export trade disruptions, resulting in economic disturbances in the market. The political and economic uncertainty created due to the war had a negative impact on the collagen supplements market, increasing the prices of the products and halting the trade functionalities among some nations.

By Source
• Marine
• Bovine
• Porcine
• Others

By Form
• Capsules
• Powder
• Liquid
• Others

By Distribution Channel
• Drug Stores
• Specialty Stores
• E-Commerce
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In June 2023, SOLUGEL premium fish collagen peptides were released by PB Leiner. PB Leiner, a collagen peptides manufacturer announced the joint venture with Hainan Xiangtai Group a leading enterprise of agricultural industrialization in November 2022, to produce this product.
• In April 2023, Darling Ingredients, the world's company that is converting food waste into renewable energy, announced their acquisition completion with Gelnex, a leading global producer of collagen products.
• In June 2020, Nestle Health Science, a leader in the field of nutrition science announced the acquisition of Vital Proteins, a leading collagen brand and a lifestyle and wellness platform. The brand offers collagen-based supplements and food products.

Why Purchase the Report?
• To visualize the global collagen supplements market segmentation based on source, form, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of collagen supplements market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global collagen supplements market report would provide approximately 61 tables, 60 figures and 209 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies