Market Size of United Kingdom Collagen Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.65 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Collagen Market Analysis
The United Kingdom collagen market size is expected to grow from USD 26.81 million in 2023 to USD 37.9 million by 2028, registering a CAGR of 6.65% during the forecast period (2023-2028).
- Increased utilization of collagen in various foods and beverages to enhance the consistency, stability, and elasticity of the products is supporting the market growth in the United Kingdom. Collagen also improves the health and nutritional value and quality of food products and beverages. Consumers' 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. According to the Cosmetic, Toiletry & Perfumery Association, the market value of cosmetics in Great Britain was GBP 8.9 billion (USD 12.19 billion) in 2022.
- The launching efforts, increasing expenses in advertising, and new product developments are driving the sales of collagen products in the country. Skinade, Beauty & Go, Edible Health, Primal Kitchen, Nutrawise Health & Beauty Corporation, The Intelligent Health, Hunter & Gather Foods Ltd, and Nutraformis Limited are some of the manufacturers of collagen supplement products in the country.
- The increased utilization of collagen in cosmetics due to its film-forming, moisturizing, and regenerating properties is aiding the United Kingdom's collagen market growth. The ability of collagen to bind water helps in providing adequate hydration to the skin during the day. The wide range of applications of collagen in the healthcare sector in dermal fillers, wound dressing, periodontics, and vascular prosthetics is also supporting the market expansion. Collagen helps in healing wounds by attracting new skin cells towards it and prevents the development of wounds in the tooth by acting as a barrier and giving the tooth cells the time they need for regenerating.