North America Collagen Based Supplements Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Collagen Based Supplements Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Collagen Based Supplement Market is projected to grow at a CAGR of 5.8% during the forecast period (2020-2025).

Key Highlights

• North America is, currently, the leading market for collagen and collagen products. The presence of high-end manufacturing capabilities and a constant rise in application areas have also majorly contributed to the flourishing market of collagen.
• Growing demand for collagen supplements from the sports nutrition industry has influenced the development of the collagen-based supplement market. The collagen-based supplements segment have witnessed a strong demand for animal-based, however, despite a strong dominance of animal-based collagen in the market, marine collagen is slowly gaining momentum, as it is free of grave infections, such as foot-and-mouth disease, bovine spongiform encephalopathy, and viral infections

Key Market TrendsUnited States is the dominating the Overall Sales in the region

Growing geriatric population, increasing healthcare spending, improving living standard, and rising health consciousness are the other factors driving the growth of collagen-based products in the region. With an increase in the experimental and clinical trials that indicated the beneficial effects of dietary supplements on skin health, the US collagen-based supplement market is growing rapidly. Despite the United States is a promising market for health supplements, the market sees the availability of counterfeit products and cheap substitutes as challenges, which the vendors must overcome. Thus, there is a need for stricter regulations and better education of the difference between authentic and counterfeit supplements.

Prevalence of Arthritis in the Region

The United States Centers for Disease Control and Prevention (CDC) revealed that nearly 54 million people were diagnosed with severe joint pain, which is linked to arthritis. Owing to the prevalence of arthritis in the region, there is an increasing demand for collagen-based supplements for bone and joint health. With widespread publicity and raising public awareness, the trend toward self-oriented, proactive measures for leading healthier, longer and more active lifestyles is on the rise and is helping to improve the market for collagen-based bone and joint health supplements.

Competitive Landscape

North America collagen market is highly competitive, owing to the presence of numerous international and regional vendors. The companies are focussing in the development of marketing and business strategy across industry segments, driving innovations, stimulating new product development, and business planning and branding across social media platform. Key players in the collagen market are investing in R&D and are entering into mergers and acquisitions to enhance their product portfolios. The assortment and distribution strategies, in line with the choices and preferences of consumers’ buying patterns, are expected to infuse further growth momentum in the sales.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Amway Corp.
Natural Great Lakes Gelatin CoFactors Inc.
Gelita USA Inc
Vital Proteins
Nutrawise Health & Beauty Corporation
Herbalife International of America, Inc.
Natures Bounty

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