Market Size of North America Collagen Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.30 % |
Fastest Growing Market | Food and Beverages |
Largest Market | United States |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Collagen Ingredients Market Analysis
The North American collagen ingredients market is projected to register a CAGR of 5.30% during the forecast period
- The North American collagen ingredient market has witnessed significant growth in recent years, driven by rising awareness about the benefit of collagen consumption and its various application in various industries such as food & beverages, cosmetics and personal care, and supplements are driving the growth of the market. Collagen, a structure protein found in the connective tissue of animals, has gained prominence for its role in promoting skin health, joint support, and overall wellness.
- As per Statistique Canada, in 2022, almost one in five Canadians, around 18.8% of the population, which is 7,329,910 people, were at least 65 years of age. With a growing aging population, there is a higher demand for products that support healthy aging. Collagen is known for its role in maintaining youthful skin and promoting joint health, making it an attractive option for the older age consumer. This is expected to create huge space for the North American collagen ingredient market.
- Moreover, collagen is the key ingredient in many beauty and skincare products due to its wrinkles and improved skin texture. The beauty industry's interest in collagen ingredients has contributed to the market expansion. Furthermore, athletes and fitness enthusiasts are increasingly incorporating collagen supplements into their routines due to their potential benefits for joint health and muscle recovery after exercise, which has further boosted the market's growth during the forecast period.