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North America Collagen Based Supplements Market is segmented by Source (Animal-Based Collagen and Marine-Based Collagen) By Distribution Channel (Hypermarket/Supermarket, Pharmacies, Internet Retailing, and Other Distribution Channel) and By Geography
CAGR % (2020-2025):
North America Collagen Based Supplement Market is projected to grow at a CAGR of 5.8% during the forecast period (2020-2025).
North America collagen-based supplements market is segmented by sources that include animal-based collagen and marine-based collagen. The report also provides a detailed analysis of various distribution channels through which the market is distributed across the region which includes hypermarket/supermarket, pharmacies, internet retailing and other distribution channels. The study also involves a detailed analysis of regions as the United States, Canada, Mexico and rest of North America.
|By Distribution Channel|
|Other Distribution Channels|
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Growing geriatric population, increasing healthcare spending, improving living standard, and rising health consciousness are the other factors driving the growth of collagen-based products in the region. With an increase in the experimental and clinical trials that indicated the beneficial effects of dietary supplements on skin health, the US collagen-based supplement market is growing rapidly. Despite the United States is a promising market for health supplements, the market sees the availability of counterfeit products and cheap substitutes as challenges, which the vendors must overcome. Thus, there is a need for stricter regulations and better education of the difference between authentic and counterfeit supplements.
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The United States Centers for Disease Control and Prevention (CDC) revealed that nearly 54 million people were diagnosed with severe joint pain, which is linked to arthritis. Owing to the prevalence of arthritis in the region, there is an increasing demand for collagen-based supplements for bone and joint health. With widespread publicity and raising public awareness, the trend toward self-oriented, proactive measures for leading healthier, longer and more active lifestyles is on the rise and is helping to improve the market for collagen-based bone and joint health supplements.
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North America collagen market is highly competitive, owing to the presence of numerous international and regional vendors. The companies are focussing in the development of marketing and business strategy across industry segments, driving innovations, stimulating new product development, and business planning and branding across social media platform. Key players in the collagen market are investing in R&D and are entering into mergers and acquisitions to enhance their product portfolios. The assortment and distribution strategies, in line with the choices and preferences of consumers’ buying patterns, are expected to infuse further growth momentum in the sales.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Sources
5.1.1 Animal-Based Collagen
5.1.2 Marine-Based Collagen
5.2 By Distribution Channel
5.2.3 Internet Retailing
5.2.4 Other Distribution Channels
5.3.1 North America
184.108.40.206 United States
220.127.116.11 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Amway Corp.
6.4.2 Natural Great Lakes Gelatin CoFactors Inc.
6.4.3 Gelita USA Inc
6.4.4 Vital Proteins
6.4.5 Nutrawise Health & Beauty Corporation
6.4.6 Herbalife International of America, Inc.
6.4.7 Natures Bounty
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability