Collagen Supplements Market Analysis and Forecasts 2022 to 2028

Collagen Supplements Industry Overview

The global collagen supplements market size was valued at USD 1.99 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2028.

Increasing focus on a healthy lifestyle and growing number of buyers for the product are impelling the market growth. Moreover, increasing awareness of nutritional values, the growing middle-class population, and the rising import demand for collagen are facilitating the demand for collagen supplements. The increasing prevalence of various diseases such as arthritis, inflammatory bone diseases, and other rheumatoid arthritis has encouraged people to inculcate collagen supplements to keep themselves healthy and away from such diseases. Furthermore, the age group and income level plays important role in determining the purchase of collagen supplements.

Gather more insights about the market drivers, restrains and growth of the Global Collagen Supplements Market

Collagen plays an important role in the body structure as it is the main component of hair, skin, nails, and also bones, tendons, muscle, ligaments, joints, and other organs. With increasing age, collagen declines in the human body. Thus, a collagen supplement can help combat aging and other indigestion issues. Hence its demand is seen rising in recent years. Collagen supplements are available in different forms such as powder, liquid and pills gummies.

Owing to the rise in health consciousness, the consumer preference for collagen supplements is increasing. Further, improvement in living standards, increase in health expenditure, the surge in disposable income, and large-scale promotion of processed collagen supplements are boosting the market growth over the forecast period. Also, due to the increasing working population, there is rising demand for quality and nutritional supplements which in turn will drive the industry growth.

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Functional Drinks Market: The global functional drinks market size was worth USD 204.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030.
Bioactive Ingredients Market: The global bioactive ingredients market size was valued at USD 173.22 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030.

Key Companies Profile

Some of the prominent players in the global collagen supplements market include: