By 2032, the global collagen supplements market is expected to increase at a CAGR of 6.4 percent, with a market value of roughly USD 2.8 billion.
Companies are introducing a wide selection of organic and natural nutraceutical items as people seek beauty through health and wellbeing. In the forecast era, a collagen supplement producer will be lucrative if they offer unique goods that promote beauty and health synergy rather than shallowly effective items that encourage short cosmetic improvements.
Takeaways from the Market Research
Due to increased knowledge of preventative medicines, the market is categorized by form, with pills or gummies expected to account for a lucrative part of the global market.
The European collagen supplements market is likely to dominate the global market in 2022, with a market share of roughly 26.5 percent, but South Asia is expected to rise at a fast pace throughout the forecast period.
According to the source, bovine is predicted to have the largest market share in 2022, but marine and poultry are expected to rise at a fast pace over the forecast period.
Competitive Environment
Every sector of the global market has been altered by the employment of revolutionary technologies such as Machine Learning and Artificial Intelligence. To better match client wants and enhance revenues, beauty organizations are employing cutting-edge technologies to analyze customer data patterns. Furthermore, these businesses are effectively utilizing tech-enabled and social media channels, such as smartphone apps, to educate and engage customers about product offers and healthy skin habits.
- Ancient Nutrition
- Nitta Gelatin Inc.
- Darling Ingredients Inc.
- Koninklijke DSM N.V.
- CONNOILS LL
- Collagen Matrix
- Titan Biotech Ltd
