According to the research report titled ‘Global Collagen Supplement Market Size study, by Source (Marine & Poultry, Porcine, and Bovine), Form (Pills & Gummies, Powder and Liquid/Drinks), Sales Channel (Pharmacy, Specialty Store and Online Store) and Regional Forecasts 2020-2027’, available with Market Study Report, global collagen supplement market was appraised at USD 1.8 billion in 2019 and is anticipated to record a y-o-y growth rate of 6.9% over 2020-2027, amassing USD 3.07 billion by the end of forecast period.
 

Increasing prevalence of diseases like arthritis or other bone related health issues, investments towards improving retail infrastructure & e-commerce, and health cognizance among individuals are the factors boosting the global collagen supplements market growth. For example, Calculus Capital invested USD 8.19 in collagen solutions in 2019.
 

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For those unaware, collagen supplements are obtained from the bones and skins of animals and fishes. They can be taken in various forms like gummies, pills, drinks, and powder, and can be obtained without a medical prescription. Rising demand for collagen supplements from fitness enthusiasts and body builders to maintain a healthy skin and bones will augment the market outlook.
 

Moreover, collaboration, acquisition, R&D investment, and other such strategic moves by major players will catalyze worldwide collagen supplements market expansion. Citing an instance, in 2020, Nestlé Health Science S.A. acquired a majority stake in Vital Proteins LLC, America’s leading collagen brand, in a deal worth USD 700 to 800 million, thereby diversifying customer base by introducing premium products.
 

However, growing vegan populace, and dearly cost of collagen supplement products are poised to hamper the industry remuneration over the forecast period.
 

Based on source terrain, global collagen supplements market is segmented into porcine, marine & poultry, and bovine. According to form, the marketplace is classified into powder, pills & gummies, and drinks/liquids. As per sales channel, the industry is divided into specialty store, pharmacy, and online stores among others.
 

Geographically, Asia Pacific, Europe, North America, and Latin America are the key contributors to the overall collagen supplement industry remuneration. Of these, North America is slated to be a major growth hub for the market over 2020-2027, owing to increasing geriatric populace, reasonable prices of the products, and inclination of consumers towards health supplements.
 

Whereas, Asia Pacific market is poised to showcase lucrative growth trends over the forecast period, on account of increasing disposable income, rising prevalence of diseases, improving health awareness, and evolving retail infrastructure.

Leading players influencing global collagen supplement industry trends are BioTechUSA, Optimum Nutrition Inc., TCI Co. Ltd., Vital Proteins LLC, Further Inc., Hunter & Gather Foods Ltd., Codeage LLC, The Nature's Bounty Co., The Clorox Company, and Shiseido Company Ltd.