Global Collagen Supplements Market Analysis

The Global Collagen Supplements Market size stood at around xx Bn in 2023 and is projected to reach US $xx Bn by 2033, exhibiting a CAGR of xx% during the forecast period.

The Global Collagen Supplements Market Analysis Executive Summary

Collagen supplements are dietary products designed to provide collagen, a vital protein that helps maintain the structure and integrity of skin, bones, muscles, and connective tissues. As the body ages, natural collagen production declines, leading to signs of aging such as wrinkles, joint pain, and decreased bone density. Collagen supplements are typically derived from animal sources and are available in various forms, including powders, capsules, and drinks. They are often marketed for their potential benefits in improving skin elasticity, reducing wrinkles, promoting joint health, and enhancing overall vitality.

The scenario for collagen supplements is characterized by a significant increase in consumer interest and adoption. A systematic review published in Nutrients found that collagen supplementation can improve skin hydration and elasticity while reducing wrinkles. Additionally, studies suggest that collagen may support joint health by alleviating symptoms of osteoarthritis. Despite the growing popularity of these supplements, there are on-going discussions regarding the need for more rigorous clinical trials to fully understand their long-term efficacy and safety. Overall, while adoption rates continue to rise, consumer education about product quality and proper usage remains essential.    

Global Collagen Supplements Market Dynamics

Market Growth Drivers

As the geriatric population steadily grows and is projected to reach 2.1 Bn by 2050, the demand for products catering to this group, particularly to support collagen levels, is driving market growth. The increasing preference for natural ingredients and nutritional support in the cosmetic industry serves as a significant driver, especially in the Asian region, fuelled by a booming cosmetic industry, a rapidly aging population, and rising disposable incomes. Additionally, the growing trend of "beauty from within" has spurred demand for functional foods and supplements promoting overall wellness. The widespread availability of collagen products through various retail channels, including online platforms, has further boosted consumer adoption. Furthermore, the global expansion of the aging population, which seeks solutions for age-related health concerns, continues to drive the popularity of collagen supplements

Opportunity

There are several opportunities within this market. As collagen is known to have many skin  benefits there is an opportunity to collaborate with companies within the cosmetic industry to produce skin care products like anti-aging creams and moisturizers to target the effects of aging in the geriatric population. There is also an opportunity to move towards plant-extracted collagen to attract vegetarianism and vegan consumers who might object to the use of products that contain animal by-products. Additionally there is an opportunity to launch collagen supplements in developing countries where there is an increase in disposable incomes and rising awareness of diet supplementation. 

Market Restraints

A significant restraint is the complexity of technologies required to extract collagen from natural sources. These sophisticated methods are still under development, potentially limiting the number of products that can be launched. Additionally, the growing consumer preference for plant-based products, particularly in the cosmetics sector, presents a challenge, as most collagen is currently derived from animal sources

Competitive Landscape for Collagen Supplements Market in Global

Key Players

• Ashland
• Athos Collagen
• BioCell Technology
• Collagen supplements
• Copalis
• Darling Ingredients
• DSM
• Evonik Industries
• Ewald Gelatin GMBH
• Gelita AG

Recent Developments

In April 2023, Amicogem, a company specializing in biopharmaceuticals and functional foods completed the construction of a collagen and gelatin production plant in Vietnam.

Mergers and Acquisitions

In April 2023, Gelnex  and its collagen and gelatin producing facilities in South America, were acquired by Darling INgredients Inc.

In November 2022, PB Leiner announced a joint venture with D&D Participaces Societarias.

In December 2021, Junca Gelatines was acquired by Lapi Gelatine in order to strengthen its position in the gelatine industry. 

Healthcare Policies and Regulatory Landscape for Collagen Supplements Market in Global

Collagen is considered a dietary supplement in most regions, so it must meet the safety requirements, labeling standards and product certifications set out by the various regulatory bodies. Although laws around dietary supplements may be similar across continents, they are not  identical and this makes launching products simultaneously in different countries difficult.  Additionally all health claims made about collagen  supplements must be substantiated by scientific proof in order for companies to get approval to launch their products. When collagen is marketed as a pharmaceutical product or as a cosmetic product it is subject to more different and more stringent laws. Ethical issues surrounding the sources of collagen supplements  adds a layer of difficulty in regulating these products.