Collagen Supplement Market worth USD 3,694.9 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Collagen Supplement Market by Source Outlook (Marine & Poultry, Porcine, and Bovine), by Form (Pills & Gummies, Powder, and Liquid/Drinks), by Sales Channel (Pharmacy, Specialty Store, and Online Store), by Region – Global Share and Forecast to 2030".

The global collagen supplement market size is expected to grow from USD 2,026.8 million in 2021 to USD 3,694.9 million by 2030, at a CAGR of 6.9% during the forecast period. Collagen supplements are the dietary supplements used to address the deficiency of collagen in the diet. Consumer's desire to lead an active lifestyle, maintain mobility, and remain healthy at all ages drives their concern toward joint and bone health awareness. This encourages them to seek for dietary supplements made from natural ingredients that can provide them with essential nutrients for their body to keep their joints and bones healthy. Hydrolyzed collagen is obtained from natural sources such as fish, beef, and more. It is highly digestible, non–allergic, and packed with essential amino acids, including glycine, hydroxyproline, and proline, that help to repair and keep the bones and joints healthy. Therefore, this factor encourages its adoption among the manufacturers of dietary supplements.

Global Collagen Supplement Market Segmentation

The collagen supplement market has been segmented into the source, form, sales channel, and region

• By Source Outlook (Marine & Poultry, Porcine, and Bovine)
• By Form (Pills & Gummies, Powder, and Liquid/Drinks)
• By Sales Channel (Pharmacy, Specialty Store, and Online Store)
• By Region (North America, South America, Europe, Asia Pacific, and the Middle East & Africa)

Pills & gummies, by form, hold the largest market share

Based on the form, the collagen supplement market is categorized into pills & gummies, powder, and liquid/drinks. In 2021, pills & gummies had the largest market share in the global collagen supplement market. Apart from liquid and powder form, collagens supplements are also available in the form of pills & gummies. The capsule form of hydrolyzed collagen is tasteless, odorless, and easy to swallow. On the other hand, gummies are usually flavored and chewy. Therefore, gummies are very popular among younger consumers.

There is an increase in demand and consumption of dietary supplements that come in the form of pills & gummies, owing to the rise in health concerns among consumers. Furthermore, the increase in consumers' inclination toward the consumption of dietary supplements to aid recovery after exercise and help the growth of muscles is expected to fuel the growth of collagen supplement capsules and pill & gummies in the future.  

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North America accounts for the largest market share in the collagen supplement market

Based on the regions, the global collagen supplement market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America accounted for the highest market share of 35.2% in the global collagen supplement market. The collagen supplement market is studied across the U.S., Canada, and Mexico. These regions are expected to continue to grow at a moderate rate. North America is a developed region with highly developed channels of distribution, which encourages the large sale of food & beverages.

North America is a mature market for nutraceuticals. Early adoption of advanced technology in the food & beverages industry is the key driving factor of the North American collagen supplement market. Moreover, an increase in the number of dietary supplement industries accelerates the market's growth in this region. Furthermore, surge in the rise of diseases, such as arthritis and alopecia, has further increased the demand for collagen supplements as consumption of collagen is attributed to affect such diseases positively.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the collagen supplement market. It also consists of leading companies such as Further Food, Codeage LLC., Hunter & Gather, Glanbia Plc., BIoTechUSA, TCI CO., LTD., Optimum Nutrition. Inc, Vital Proteins LLC., The Clorox Company, Shiseido Co. Ltd, and Nature's Bounty Co.

Browse complete report: https://www.marketstatsville.com/collagen-supplement-market

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