About Collagen Supplement
Collagen trade is anticipated to witness important gains within the forecast timeframe attributable to increasing product demand for multiple finish use industries together with attention, food, cosmetics, and nutraceuticals. Rising health awareness among individuals has crystal rectifier to increasing nutraceuticals and health promoter consumption so fostering market growth. Rising coronavirus problems have crystal rectifier to increasing nutraceuticals demand to spice up immunity. These factors can have a positive impact on trade outlook.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Collagen Supplement market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shiseido Co. Limited (Japan), Vital Proteins LLC (United States), Everest NeoCell LLC (United States), The Nature's Bounty Co. (United States), Hunter & Gather Foods Ltd (United States), Gelita AG (Germany), Nippi Inc. (Japan), Nitta gelatin Inc. (Japan), Nutraformis Limited (United Kingdom) and Rejuvenated (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Revive Naturals LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Collagen Supplement market by and Region.
On the basis of geography, the market of Collagen Supplement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powdered Supplements will boost the Collagen Supplement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Collagen Supplement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Bovine will boost the Collagen Supplement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Marine-Sourced Collagen Utilising Unused Fish and Promoting Environmental Sustainability is Becoming Trend and Clean Label packaging for Products
Market Growth Drivers:
Rising Health Awareness Among People Has Led to Increasing Nutraceuticals and Health Promoters and Growing Competition in Supplement Market for Added Flavours and Packaging
Challenges:
Availability of Substitutes in Market
Restraints:
Inclination Towards Veganism hampers the Collagen Animal Based Products Growth
Opportunities:
Rising Nutritious Food Demand by Various Age Groups for Immunity and Various Health Aspects and Rise in Demand for Flavours Associated with Supplements
Market Leaders and their expansionary development strategies
In 2020, Nestlé Health Science (NHSc), a leader of nutritional science, acquired Vital Proteins, America’s top-selling collagen brand. This acquisition will help Vital Proteins use the global platform set by the Nestle and expand the portfolio.
Nov. 20, 2023, Designs for Health, the expert-recommended and preferred brand for high-quality, professional strength, research-backed supplements. Top Supplement Manufacturing Company award** today announced the launch of Whole Beauty Collagen™ and Collagen + MCT. These products complement the company's bestselling Whole Body Collagen, now offering consumers three superior, efficacious collagen formulas.
Europe Law Has Provision for Collagen and Highly Refined Products Of Animal Origin, Annex III to Regulation (EU) No 853/2004 states Raw materials that haven't undergone any protective treatment aside from chilling, freezing or quick-freezing should come back from establishments registered or approved.
Key Target Audience
Collagen Supplement Manufacturer, Distributor/Reseller, Raw Material manufacturer, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.