Collagen Supplement Market Size, By Source (Bovine, Marine, Porcine, Others), By Form (Pills & Gummies, Drink/ Liquid, Powder), By Distribution Channel (Pharmacy, Online Stores, Specialty Stores), By Application (Nutraceuticals, Cosmetics, Healthcare, Food), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023-2032
Global Collagen Supplement Market is expected to grow substantially through 2032 owing to the surging use of collagen products in developing nations. The adoption of collagen supplements for various skincare treatments is increasing at a rapid pace. Various leading companies in the market are investing in R&D initiatives to enhance their product portfolio.
Furthermore, the latest products launched by top brands in the food and beverage industry have accelerated the growth of collagen-based products. For instance, in February 2023, Orgain, a nourishment brand owned by the renowned Swiss food and drinks company Nestlé, introduced a new Plant Protein + Collagen Powder, containing a blend of collagen peptides, plant protein, and probiotics. Orgain features a Plant Protein + Collagen product on its website, which will soon be available in the market for purchase.
The collagen supplement market has been divided in terms of source, form, distribution channel, applications, and region.
Based on source, the porcine segment is slated to grow at more than 6% CAGR from 2023 to 2032 due to its growth in the Europe and North America region. Porcine collagen is derived from the bones and skin of pigs and is widely used in making sweet and savory food items. Consuming porcine collagen supplements can help facilitate the skin's health and structure. It is commonly used to minimize the appearance of wrinkles, fine lines, and saggy skin to promote a youthful glow to the skin, making it a popular choice among the middle-aged population.
With respect to form, the pills & gummies segment is poised to garner a sizeable market share credited to the surging use of collagen gummies for skin and hair growth. Collagen gummies are extensively used among women and teenagers as it helps with controlling hormonal changes, excessive sun exposure, and oxidative stress, and boost the natural aging process.
In terms of application, the cosmetics segment is anticipated to amass significant growth attributed to the use of collage in skin and hair products. The cosmetic industry is booming because of the adoption of collagen fillers used in various aesthetic medicines. The injection of collagen in the skin enhances the density and quality of the skin, further repairing its dermatological imperfections.
From the regional perspective, the Middle East and Africa collagen supplement market is speculated to capture USD 100 million market share by 2032. The regional growth is projected to come from the thriving cosmetic industry and the popularity of collagen supplements in the middle easter countries.
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