Latest Collagen Powder Market Report | Collagen Powder Market Analysis, Trends, Growth Opportunities: Forecast, 2023-2030

Wilmington, Delaware, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Global Collagen Powder Market was valued at US$ 2.3 billion in 2023 and is expected to grow at a significant CAGR of over 6.4% over the forecast period of 2023-2030, according to the published market report by RationalStat

Market Definition, Market Scope, and Report Overview4

Collagen powder is a dietary supplement made from collagen, which is a naturally occurring protein found in the connective tissues of animals, particularly in the skin, bones, tendons, and cartilage. Collagen supplements are typically derived from animal sources, such as cows, chickens, or fish. These supplements are processed into a powdered form that can be easily mixed with liquids like water, juice, or smoothies.

Increasing consumer awareness of the importance of health and wellness has boosted the demand for dietary supplements including collagen powder. Moreover, the rising fitness enthusiasts and athletes are expected to contribute significantly to the expansion of the collagen powder market. Collagen possesses the potential to support muscle recovery and joint health, thus making it appealing to athletes and fitness enthusiasts.

• According to a deep-dive market assessment by RationalStat, the global collagen powder market has been analyzed on the basis of market segments, including source, grade, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
• Market intelligence for the global collagen powder market covers market sizes on the basis of market value (US$/EUR Million) and volume (Kg) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
• In addition, the long-term sector and products/services 10-year outlook and its implications on the global collagen powder market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Collagen Powder Market: Segmental and Market Share Analysis

• On the basis of source, the collagen powder market is sub-segmented into bovine, porcine, poultry, plant-based, marine and others. With bovine being one of the most common sources of collagen.
• On the basis of grade, the collagen powder market is sub-segmented into medical grade and cosmetic grade, with medical grade holding the majority of the share in the collagen powder market.
• On the basis of application, the market is sub-segmented into beauty and skincare, joint and bone health, muscle and fitness, general health and wellness, and others.

Report Synopsis

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global collagen powder market include,

• In October 2022, Darling Ingredients acquired Gelnex, a Brazil-based manufacturer of gelatine and collagen. This acquisition is aimed at reinforcing the acquiring company’s market presence in health & nutrition market, and increase its production capacity.
• In January 2021, Rousselot introduced Peptan® Marine collagen peptides. The collagen peptides are exclusively sourced from wild-caught marine white fish and are Marine Stewardship Council (MSC) certified. The new solution is intended for beauty and nutrition brands to support them in expanding their product portfolio.

Some of the prominent players and suppliers operating and contributing significantly to the global collagen powder market growth include Rousselot (Darling Ingredients International Holding B.V.), GELITA AG, Nitta Gelatin NA Inc., Tessenderlo Group nv, SAS Gelatines Weishardt, BioCell Technology LLC, Collagen Solutions (US) LLC, Advanced BioMatrix, Vital Proteins LLC, Renew Life Formulas, LLC (Neocell), and Great Lakes Wellness, among others.

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RationalStat has segmented the global collagen powder market based on source, grade, application and region

• Global Collagen Powder Market Value (US$ Million), Volume (Kg), and Market Share (2019-2030) Analysis by Source
  • Bovine
  • Porcine
  • Poultry
  • Marine
  • Plant-based
  • Others
• Global Collagen Powder Market Value (US$ Million), Volume (Kg), and Market Share (2019-2030) Analysis by Grade
  • Medical Grade
  • Cosmetic Grade
• Global Collagen Powder Market Value (US$ Million), Volume (Kg), and Market Share (2019-2030) Analysis by Application
  • Beauty and Skincare
  • Joint and Bone Health
  • Muscle and Fitness
  • General Health and Wellness
  • Others
• Global Collagen Powder Market Value (US$ Million), Volume (Kg), and Market Share (2019-2030) Analysis by Region
  • North America Collagen PowderMarket
    • US
    • Canada
  • Latin America Collagen PowderMarket
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Collagen PowderMarket
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Collagen PowderMarket
    • Russia
    • Poland
    • Hungary
    • Other CIS Countries
    • Rest of Eastern Europe
  • Asia Pacific Collagen PowderMarket
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN
      • Indonesia
      • Thailand
      • Philippines
      • Vietnam
      • Malaysia
      • Rest of ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa Collagen PowderMarket
    • GCC
      • Saudi Arabia (KSA)
      • United Arab Emirates (UAE)
      • Rest of the GCC
    • South Africa
    • Nigeria
    • Turkey
    • Rest of the Middle East & Africa

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Key Questions Answered in the Collagen Powder Report:

• What will be the market value of the global collagen powder market by 2030?
• What is the market size of the global collagen powder market?
• What are the market drivers of the global collagen powder market?
• What are the key trends in the global collagen powder market?
• Which is the leading region in the global collagen powder market?
• What are the major companies operating in the global collagen powder market?
• What are the market shares by key segments in the global collagen powder market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

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