Market Size of Collagen Supplements Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 5.94 Billion |
Market Size (2029) | USD 8.59 Billion |
CAGR (2024 - 2029) | 7.66 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Collagen Supplements Market Analysis
The Collagen Supplements Market size is estimated at USD 5.94 billion in 2024, and is expected to reach USD 8.59 billion by 2029, growing at a CAGR of 7.66% during the forecast period (2024-2029).
During the COVID-19 outbreak, people were concerned about their immunity and actively sought ways to maintain wellness. Thus, health supplements gained popularity, including collagen peptides.
Before the pandemic, collagen supplementation had already gained a reputation in the market, with food innovators finding novel ways to make collagen accessible to an even wider audience. As collagen peptides are unique proteins derived naturally, they help improve joint conditions, support skin beauty by helping the body produce more collagen and hyaluronic acid, and support bone health by helping with bone remodeling. During the pandemic, the demand for collagen peptides increased due to their beauty and health benefits.
Consumer's growing desire to prevent premature aging is escalating the demand for collagen peptide-infused nutricosmetics, thus driving the market. In addition, the growth of the collagen supplements market can be attributed to several health and beauty benefits associated with collagen supplements. For instance, ingesting collagen supplements enhances skin health by reducing dryness and wrinkles. It also increases muscle mass, improves bone health, and relieves joint pain.