The latest market report published by Credence Research, Inc. is “Global Collagen Supplements Market Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”.The Global Collagen Supplements Market generated revenue of around USD xx million in 2021 and is anticipated to grow a CAGR of over xx% during the forecast period from 2022 to 2028 to reach around USD xx million in 2028.
Growing focus on a healthy lifestyle and an increasing number of buyers for the product are propelling the growth of the market. Moreover, growing awareness of nutritious values, the increasing middle-class population, and the enhancing import demand for collagen are relieving the demand for collagen supplements. The growing majority of different diseases, such as arthritis, inflammatory bone diseases, and other rheumatoid arthritis, have encouraged people to prepare collagen supplements to keep themselves healthy and out from such diseases. Furthermore, the age group and income level recreate an essential role in buying collagen supplements.
The global collagen supplements market is bifurcated into distribution channel outlook and Geography. Based on the distribution channel outlook, the market is categorized into pharmacies, online stores, and specialty stores. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
In 2021, North America made the largest contribution to the market due to the increased need for collagen supplements in Canada and the US. Also, the increasing geriatric population in this region manipulates market growth. Growing demand for collagen supplements from the sports nourishment enterprise also contributes to this region’s significant growth. Also, due to rising per capita consumption of collagen supplements and increasing import need, the industry is anticipated to witness meaningful market growth over the forecast period in this region.
Collagen Supplements Market major players analysis is a key aspect in understanding the current market trends and future growth prospects of the industry. The increasing demand for collagen supplements across various sectors such as healthcare, food & beverages, cosmetics, and pharmaceuticals has led to the emergence of several leading companies in this market segment. Some of the major players dominating this market include Rousselot BV, GELITA AG, Weishardt International Group SAS, Nitta Gelatin Inc., Darling Ingredients Inc., Collagen Matrix Inc., Advanced BioMatrix Inc., Connoils LLC, Amicogen Inc., NutraScience Labs Inc. Each player is analyzed based on their revenue share percentage in the global collagen supplements market and their product portfolio offerings are evaluated with respect to its application areas and target consumer segments.
Collagen Supplements Market Recommendations are crucial for anyone interested in maintaining healthy skin, hair, and joints. With the market inundated with various types of collagen supplements, it’s vital to do your research and choose a reputable brand with high-quality ingredients. When selecting a product, look for one that contains hydrolyzed collagen peptides as they are more readily absorbed by the body. Additionally, consider purchasing from companies that offer third-party testing to ensure purity and potency. It’s also essential to pay attention to dosage recommendations and consult a healthcare professional before starting any new supplement regimen. Finally, keep in mind that while collagen supplements may be beneficial for overall health, they should not be considered an alternative to a healthy diet or lifestyle changes.
The regional analysis of the collagen supplements market indicates significant growth potential in several regions:
- North America: The North American market is expected to show strong growth due to increasing consumer awareness about the benefits of collagen supplements and the presence of key market players in the region.
- Europe: Europe is likely to witness substantial growth in the collagen supplements market, driven by rising health consciousness among consumers and the growing demand for natural and organic products.
- Asia Pacific: The Asia Pacific region is anticipated to experience rapid growth, primarily due to the rising disposable incomes, changing lifestyles, and increasing focus on beauty and wellness among consumers.
- Latin America: Latin America is expected to witness steady growth in the collagen supplements market, driven by the growing consumer preference for nutraceutical products and the increasing influence of Western beauty and health trends.
- Middle East and Africa: The collagen supplements market in the Middle East and Africa is projected to show moderate growth, driven by the expanding health and wellness industry and the rising demand for beauty and anti-aging products.
Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global collagen supplements market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
- In-depth analysis of the global collagen supplements market segmentation based on distribution channel outlook.
- The global collagen supplements market report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
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