Collagen Edibles Market – By Product, By Source , By Form, By Flavor, By Nature, By Application , By Distribution Channel, By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030
Collagen Edibles Market Overview:
Collagen Edibles Market size is estimated to reach $2.3 billion by 2030, growing at a CAGR of 6.7% during the forecast period 2023-2030. Growing awareness of the importance of collagen in promoting skin health, joint function, and overall well-being has led to increased consumer demand for Collagen Edibles. This trend is expected to boost the growth of the Collagen Edibles Market during the forecast period.
The rise in the aging population, coupled with a desire for natural and non-invasive beauty solutions, has bolstered the market's expansion. Additionally, the trend towards health and wellness, along with the increasing popularity of nutraceutical products, has contributed to the market's sustained growth. According to a recent survey by Consumer Reports 2022, 7% of men and 19% of women have utilized collagen, while 30% of the 27% who have taken supplements for nail, skin, or hair health have opted for collagen products. Moreover, the adoption of collagen-based supplements and edibles by athletes and fitness enthusiasts to support muscle recovery has added to the market's momentum. These factors positively influence the Collagen Edibles industry outlook during the forecast period.
Collagen Edibles Market - Report Coverage:
The “Collagen Edibles Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Collagen Edibles Market.
Attribute | Segment |
---|---|
By Product |
|
By Source |
|
By Form |
|
|
|
By Flavor |
|
By Nature |
|
By Application |
|
By Distribution Channel |
|
By Geography |
|
COVID-19 / Ukraine Crisis - Impact Analysis:
-
The COVID-19 pandemic had a significant impact on the Collagen Edibles Market. With a growing consumer focus on health and wellness, collagen products were gaining momentum pre-pandemic. However, supply chain disruptions and economic uncertainties have influenced consumer spending habits. The market experienced both challenges and opportunities, as consumers increasingly sought collagen products for their purported health benefits. Post-pandemic, businesses in the Collagen Edibles Market must adapt to changing consumer behaviors, health-conscious trends, and evolving market dynamics to thrive in this new business landscape.
-
The conflict between Russia and Ukraine had a notable impact on the global market dynamics, including the Collagen Edibles market. As Ukraine is a significant producer of agricultural commodities, including grains and sunflower seeds, any disruptions in its supply chain can potentially affect the raw material sourcing for collagen-based products. This increased volatility has driven up production costs and created supply chain challenges for Collagen Edibles manufacturers, ultimately leading to price fluctuations and supply disruptions in the market. Companies operating in the Collagen Edibles Market need to closely monitor the situation and consider diversifying their sourcing strategies to mitigate risks associated with this geopolitical crisis.
Key Takeaways:
-
Asia-Pacific to Register Highest Growth
Geographically, in the global Collagen Edibles Market share, Asia-Pacific is analyzed to grow with the highest CAGR of 8.1% during the forecast period 2023-2030. With a growing consumer awareness of health and wellness, there is a rising demand for collagen-based supplements and food products. In 2023, Japan had over 10% of its population aged 80 or older, while nearly 30% are aged 65 or older, a result of the country's low birth rates and ongoing challenges in caring for its aging population. The United Nations recognizes Japan as having the world's highest proportion of people aged 65 and above. Furthermore, a growing aging population, especially in countries like Japan and South Korea, is contributing to the market's expansion as consumers seek anti-aging solutions. The region's diverse dietary preferences have led to innovative product offerings, such as collagen-infused snacks, beverages, and beauty supplements, catering to a wide range of tastes. With a rising focus on health and beauty, the Asia-Pacific Collagen Edibles Market is poised for substantial growth and investment opportunities.
-
Collagen Gummies Segment to Register the Fastest Growth
In the Collagen Edibles Market analysis, the Collagen Gummies segment is estimated to grow with the highest CAGR of 7.1% during the forecast period 2023-2030. These chewy supplements offer a convenient and tasty way for consumers to incorporate collagen into their daily routines, promoting healthy skin, hair, and joint function. The market's rapid growth is driven by the rising demand for natural beauty and wellness solutions, coupled with the gummies' ease of consumption. As consumers increasingly prioritize health-conscious choices, collagen gummies have gained traction, providing a delicious and effective alternative to traditional collagen powders and pills. Their popularity highlights the evolving landscape of the collagen edibles sector, where innovation and convenience are key drivers of success.
-
Bovine Collagen Segment to Register the Largest Share.
According to the Collagen Edibles Market forecast, Bovine Collagen held the largest market valuation of 34.9% in 2022. Bovine collagen, derived from cowhide, plays a pivotal role in the burgeoning collagen edibles market. Known for its exceptional protein content and bioavailability, bovine collagen is a sought-after ingredient in the wellness and beauty sectors. In September 2022, a Nutrisystem and OnePoll survey revealed that over 70% of Americans became more health-conscious following the COVID-19 pandemic, with over 60% motivated to lose weight due to newfound awareness of its impact on immunity. As consumers increasingly prioritize health-conscious choices and seek natural solutions for skin, joint, and bone health, bovine collagen supplements and collagen-infused edibles have gained substantial traction. With its versatility in various product formulations, bovine collagen is poised to be a key driver of growth in the collagen edibles industry, meeting the demands of a health-conscious clientele looking for high-quality collagen sources, contributing significantly to the growth of the Collagen Edibles Market.
-
Growing Consumer Awareness about the Health Benefits of Collagen for Skin, Joints, And Bone Health is Fueling Market Growth.
Consumers are increasingly recognizing the positive impact of collagen on maintaining youthful skin, improving joint mobility, and supporting bone strength. This heightened awareness has driven the demand for collagen-infused edibles such as supplements, gummies, and beverages, creating opportunities for businesses in the health and wellness sector. As consumers prioritize their well-being, the collagen edibles market is thriving, with companies innovating to meet this demand and fueling its continued growth.
-
Sourcing Collagen from Animal Byproducts Raises Sustainability Issues, Necessitating the Exploration of Alternative, Eco-Friendly Sources Can Hamper the Market Growth.
Sourcing collagen from animal byproducts, such as cowhide or fish scales, has historically been the industry standard. However, it has raised sustainability concerns due to its environmental impact and ethical considerations. As consumers increasingly prioritize eco-conscious and cruelty-free products, the collagen edibles market faces challenges in maintaining growth. Necessitating the exploration of alternative, eco-friendly sources, such as plant-based or lab-grown collagen, can disrupt traditional supply chains and increase production costs. Striking a balance between sustainability and meeting consumer demand for collagen-infused products remains a pivotal challenge for the industry, requiring innovative solutions to ensure continued market growth.
Collagen Edibles Market Share (%) By Region, 2022
For More Details On this report - Request For Sample
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Collagen Edibles Market. The top 10 companies in this industry are listed below:
-
Vital Proteins LLC. (Marine Collagen)
-
Renew Life Formulas, LLC. (Super Collagen Plus with Vitamin C & Hyaluronic Acid Powder)
-
Sports Research Corporation (Collagen Peptides Organic Unflavored)
-
Youtheory (advanced collagen)
-
Great Lakes Wellness (Daily Marine Collagen Peptides)
-
Ancient Brands, LLC (Collagen Peptides)
-
Reserveage Nutrition (Collagen Replenish)
-
Bulletproof 360, Inc. (Collagen Peptides)
-
Organixx (Clean Sourced Collagens)
-
Nordic Naturals (Nordic Beauty Marine Collagen)
Scope of Report:
Report Metric | Details |
---|---|
Base Year Considered |
2022 |
Forecast Period |
2023–2030 |
CAGR |
6.7% |
Market Size in 2030 |
$2.3 billion |
Segments Covered |
Product, Source, Form, Gender, Flavor, Nature, Application, Distribution Channel and Region |
Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
|
For more Food and Beverage Market reports, please click here
The Collagen Edibles Market is projected to grow at 6.7% CAGR during the forecast period 2023-2030.
Global Collagen Edibles Market size is estimated to be $ 1.5 billion in 2023 and is projected to reach $2.3 billion by 2030.
The leading players in the Collagen Edibles Market are Vital Proteins LLC., Renew Life Formulas, LLC., Sports Research Corporation, Youtheory, Great Lakes Wellness and others.
Growing consumer awareness about the health benefits of collagen for skin, joints, and bone health are some of the major Collagen Edibles Market trends in the industry which will create growth opportunities for the market during the forecast period.
Growing Consumer Awareness about the Health Benefits of Collagen for Skin, Joints, And Bone Health and breast milk benefits and the global aging population is driving demand for collagen edibles as a natural solution for age-related concerns are the driving factors of the market.