Market Size of Collagen Supplements Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 5.94 Billion |
Market Size (2029) | USD 8.59 Billion |
CAGR (2024 - 2029) | 7.66 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Collagen Supplements Market Analysis
The Collagen Supplements Market size is estimated at USD 5.94 billion in 2024, and is expected to reach USD 8.59 billion by 2029, growing at a CAGR of 7.66% during the forecast period (2024-2029).
During the COVID-19 outbreak, people were concerned about their immunity and actively sought ways to maintain wellness. Thus, health supplements gained popularity, including collagen peptides.
Before the pandemic, collagen supplementation had already gained a reputation in the market, with food innovators finding novel ways to make collagen accessible to an even wider audience. As collagen peptides are unique proteins derived naturally, they help improve joint conditions, support skin beauty by helping the body produce more collagen and hyaluronic acid, and support bone health by helping with bone remodeling. During the pandemic, the demand for collagen peptides increased due to their beauty and health benefits.
Consumer's growing desire to prevent premature aging is escalating the demand for collagen peptide-infused nutricosmetics, thus driving the market. In addition, the growth of the collagen supplements market can be attributed to several health and beauty benefits associated with collagen supplements. For instance, ingesting collagen supplements enhances skin health by reducing dryness and wrinkles. It also increases muscle mass, improves bone health, and relieves joint pain.
Collagen Supplements Industry Segmentation
Collagen supplements contain amino acids, the building blocks of proteins and other additional nutrients. These supplements are associated with several health benefits, like increasing muscle mass, preventing bone loss, relieving joint pain, and improving skin health by reducing wrinkles and dryness. The collagen supplements market is segmented by form, source, distribution channel, and geography. For each segment, the market sizing and forecast have been done based on value (in USD million).
By Form | |
Powdered Supplements | |
Capsules and Gummies | |
Drinks and Shots | |
Other Forms |
By Source | |
Animal-based | |
Marine-based |
By Distribution Channel | |
Grocery Retail Stores | |
Pharmacies/Drug Stores | |
Online Retail Stores | |
Specialty Stores | |
Other Distribution Channels |
By Geography | ||||||||||
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Collagen Supplements Market Size Summary
The collagen supplements market is experiencing significant growth, driven by increasing consumer awareness of the health and beauty benefits associated with collagen. Originally gaining traction before the COVID-19 pandemic, the market saw a surge in demand as individuals sought ways to enhance their immunity and overall wellness. Collagen peptides, known for their natural protein properties, have become popular for improving joint conditions, supporting skin health, and aiding bone remodeling. The rising consumer interest in preventing premature aging has further fueled the demand for collagen-infused nutricosmetics. The market's expansion is supported by the introduction of new delivery forms, scientific backing for health claims, and a growing preference for cost-effective health supplements.
In Europe, where the aging population is substantial, the demand for collagen supplements is particularly strong due to their benefits in bone, muscle, and joint health. The market is highly competitive, with numerous players engaging in product innovation and strategic mergers to enhance their market presence. Companies are increasingly investing in research and development to introduce new flavors and formats, aiming to maintain a competitive edge. The market's growth is also supported by investments from collagen ingredient manufacturers and the expansion of product lines by prominent supplement brands. As awareness of collagen's benefits continues to rise, the market is poised for further expansion, with key players actively seeking to educate consumers and innovate their offerings.
Collagen Supplements Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Form
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2.1.1 Powdered Supplements
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2.1.2 Capsules and Gummies
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2.1.3 Drinks and Shots
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2.1.4 Other Forms
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2.2 By Source
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2.2.1 Animal-based
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2.2.2 Marine-based
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2.3 By Distribution Channel
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2.3.1 Grocery Retail Stores
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2.3.2 Pharmacies/Drug Stores
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2.3.3 Online Retail Stores
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2.3.4 Specialty Stores
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2.3.5 Other Distribution Channels
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 Germany
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2.4.2.3 Spain
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Sweden
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2.4.2.7 Denmark
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2.4.2.8 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle-East and Africa
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Collagen Supplements Market Size FAQs
How big is the Collagen Supplements Market?
The Collagen Supplements Market size is expected to reach USD 5.94 billion in 2024 and grow at a CAGR of 7.66% to reach USD 8.59 billion by 2029.
What is the current Collagen Supplements Market size?
In 2024, the Collagen Supplements Market size is expected to reach USD 5.94 billion.