United State-Report Ocean (150+ country’s markets analyzed, function on 1,00000+ published and forthcoming reports every year.] presents a research report and top winning strategies for the Collagen Supplement. Best subject matter experts, researchers, and market research professionals organized this report in order to ensure that the information in it is compiled from the most authentic sources and that the forecast is of the highest accuracy. To forecast market growth, specialists employ a variety of methodologies and analytical approaches, including S.W.O.T. (analysis methods), P.E.S.T.E.L. analysis, and regression analysis. The Collagen Supplement study also looks at the various regulations and policies that the firm has implemented. This report discusses the industry in terms of research technology and precise prospective utilization, innovation, and future advancements in the Collagen Supplement.
The global collagen supplement market size was US$ 2,021.8 million in 2021. The global collagen supplement market is forecast to grow to US$ 3,691.9 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the study period from 2022 to 2030. Supplements with collagen serve as dietary aids to make up for dietary deficiencies in collagen. The supplement is typically made from the skin and bones of fish and other animals. It is available in a variety of forms, such as tablets, gummies, powder, beverages, and forms.
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Factors Influencing the Market
The growing working population and rising trend of highly nutritious food will drive the demand for collagen supplements during the forecast period. Since collagen is the primary component of hair, skin, nails, bones, tendons, muscles, ligaments, joints, and other organs, it plays a significant role in the formation of the human body. The human body loses collagen as we get older. Therefore, a collagen supplement can aid in the fight against aging and other digestive problems. All of these benefits will increase the demand for collagen supplements during the study period. The rising trend of gummies will offer lucrative growth opportunities for the global collagen supplement market during the analysis period. Apart from that, the growing prevalence of arthritis, inflammatory bone diseases, and other rheumatoid arthritis, will be opportunistic for the market during the study period. On the flip side, the adoption of veganism may limit the demand for collagen supplements during the study period.
COVID-19 Impact Analysis
The COVID-19 epidemic has had a negative impact on the collagen supplement market. Major nations went into lockdown, which led to disruptions in the manufacturing units. During the pandemic, the temporary closure of businesses and retail stores had an even greater impact on the market. Additionally, a significant rise in the user base of e-commerce websites will boost the growth of the collagen supplement market during the study period.
Regional Analysis
The Asia-Pacific collagen supplement market is forecast to hold the highest share due to improving medical infrastructure and rising inclination towards healthy dietary habits. In addition, changing lifestyles and poor dietary habits of people will lead to collagen deficiency. Thus, it will boost the demand for collagen supplements in the coming years. The trend of pills and gummies is growing in the region. Thus, it will benefit the collagen supplement market during the forecast period. Apart from that, the rising prevalence of diseases like arthritis, inflammatory bone diseases, and other rheumatoid arthritis will benefit the Asia-Pacific collagen supplement market during the forecast period.
Competitors in the Market
? Further Food
? Glanbia Plc.
? Codeage LLC.
? Hunter & Gather
? Optimum Nutrition, Inc,
? BIoTechUSA
? TCI CO., LTD.
? Vital Proteins LLC
? Shiseido Co. Ltd
? The Clorox Company
? Nature’s Bounty Co.
? Other Prominent Players
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Market Segmentation
The global collagen supplement market segmentation focuses on Source, Form, Sales Channel, and Region.
By Source Outlook
? Marine & Poultry
? Porcine
? Bovine
By Form Outlook
? Pills & Gummies
? Powder
? Liquid/Drinks
By Sales Channel Outlook
? Pharmacy
? Specialty Store
? Online Store
By Region
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
Key questions answered in the global Collagen Supplement Market report are:
- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the Collagen Supplement Market over the forecast period?
- What are the factors driving and restraining the market for Collagen Supplement Market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?
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