PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1302890
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1302890
Amino acids are the building blocks of proteins, and various essential nutrients are found in collagen supplements. These supplements are linked to several health advantages, including increased muscle mass, bone preservation, joint pain relief, and improved skin health by minimizing wrinkles and dryness.
An increasing emphasis on leading a healthy lifestyle and increasing product customers are driving market expansion. People are recommended to use collagen supplements to maintain their health and prevent diseases, including rheumatoid arthritis, inflammatory bone disorders, and arthritis, due to the rising prevalence of these conditions. The age group and economic level also significantly impact whether collagen supplements are bought. Collagen is a primary component of hair, nails, bones, skin, tendons, ligaments, muscles, joints, and other organs. Therefore, a collagen supplement can aid in the fight against aging and other digestive problems. Rising healthcare costs, widespread advertising of processed collagen supplements, and rising disposable income are fueling the market's expansion throughout the projected period.
Due to growing public knowledge of the advantages of collagen, the market is quite competitive. One of the main strategies of businesses to survive in this competitive market is product innovation in terms of flavor and format. Furthermore, leading companies are boosting their spending in R&D activities and improving their offerings to gain a competitive edge due to the ongoing need for collagen as a skincare supplement.
The demand for collagen supplements is projected to grow due to an increasing desire for supplements to save healthcare expenditures. Sales of collagen supplements are anticipated to be boosted by novel delivery methods, scientific proof for the claims, and improved customer awareness. One in four Europeans is 60 years of age or older, making Europe the continent with the biggest and oldest population in the world. Among the major European nations, Italy, Germany, France, Denmark, and Spain have some of the oldest populations.
North America's leading supplement manufacturers decided to horizontally integrate their product lines and expand their product lines by launching collagen-infused products due to the growing investments made by the collagen ingredient manufacturers and the growing consumer awareness of the benefits collagen offers for skin health. Due to the region's expanding economy and desire to explore healthier goods, the market for collagen-based supplements has been driven by the advantages of healthy aging, focusing on the attractiveness of the skin, hair, and nails. Additionally, there is a growing understanding of the advantages of collagen peptides and tripeptides added to human nutrition, gaining popularity in the nutrition and cosmetics industries and fueling the expansion of collagen-based supplement products throughout the area.