In-Depth Exploration of the Collagen Supplement Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2024 to 2032.
Report Ocean has recently released a comprehensive research report on the global Collagen Supplement Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Collagen Supplement Market is valued approximately at USD 1.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2020-2027.
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Collagen Supplements are derived from the skin and bones of animals and fish. They are available in various forms like pills, gummies, powder, and drinks. They can be consumed without a medical prescription, which makes it more convenient for consumers to buy. Mostly, bodybuilders and regular fitness enthusiasts consume these supplements as they help them maintain the health of their skin and bones. Further, the rise in diseases, like arthritis, rheumatoid arthritis, and other inflammatory bone diseases, reducing dryness and wrinkles have made people more aware of these supplements. Growing investment in healthcare, retail infrastructure including e-commerce and health awareness among people have led to the adoption of Collagen Supplement across the forecast period.
For instance: in 2019, Calculus Capital invested in Collagen Solutions at USD 8.19. For Instance: as per the company source, in 2020, Nestlé Health Science acquired a majority stake in Vital Proteins, Americas collagen brand at the transaction price of USD 700m – 800m, this acquisition will expand the market business through premium products and innovation. In 2019, Rousselot and Firmalis (France) collaborated for joining the Canadian Food Inspection Agency (CFIA) 2019, this partnership has expanded their market base. However, high costs and growing vegan population impedes market over the forecast period of 2020-2027. Also, with the easy availability of supplements in the market and increasing prevalence of diseases, the adoption & demand for Collagen Supplement is likely to increase.
The regional analysis of global Collagen Supplement market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing geriatric population, promptness & affordability of the premium products and preference of consumers for healthy products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising incidences of diseases, growing awareness and improving retail infrastructure would create lucrative growth prospects for the Collagen Supplement market across Asia-Pacific region.
Major market player included in this report are:
Optimum Nutrition, Inc
TCI CO., LTD.
Vital Proteins LLC
Shiseido Co. Ltd
The Clorox Company
Nature’s Bounty Co.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Marine & Poultry
Pills & Gummies
By Sales Channel:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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This report covers several key questions related to the global Collagen Supplement market, including:
- What can be expected for the Collagen Supplement market in the next decade?
- What are the primary drivers of growth in the global Collagen Supplement market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Collagen Supplement market vary based on the size of the end market?
- What is the breakdown of Collagen Supplement by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Collagen Supplement market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Collagen Supplement Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Collagen Supplement Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Collagen Supplement Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Collagen Supplement Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Collagen Supplement Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Collagen Supplement Market.
Our Collagen Supplement Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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