DUBAI, United Arab Emirates, March 28, 2022 (GLOBE NEWSWIRE) -- The global Collagen Drinks Market is set to witness growth at a CAGR of 9.8% and is anticipated to reach a valuation of around US$ 649.5 Mn by 2032.
Customers nowadays expect on-the-go, safe, and nourishing beverages. People are concerned about the nutritional value and quality of their beverages, and instead of asking, "What is in this beverage?" they ask, "What does this beverage do for me?"
| Collagen Drinks Market Size (2022E) | US$255.4 Mn | |
| Collagen Drinks Market Projected Size (2032F) | US$649.5 Mn | |
| Value CAGR (2022-2032) | 9.8 % | |
| Top 3 Countries Market Share | 31.2 % | |
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Consumers are increasingly aware about health benefits of the foods they consume, resulting in an increase in the overall market for collagen drinks. Manufacturers are therefore ensuring that the health benefits of their products are well-publicized in order to increase accessibility and drive growth.
The growing demand for convenient packaging is one of the primary factors driving the collagen drinks market. Fast-paced lifestyles and time scarcity across the globe have resulted in many people preferring on-the-go food items. This leads to the increased sales of handy small packaging of collagen drinks which can be carried easily in the hands. This is supported by innovative packaging which enables the longer storage of collagen drinks.
Key Takeaways from Market Study
- The market is segmented based on end-user, wherein the female end users are anticipated to account for around 62.3% of the market share over the forecast period.
- The North America collagen drinks market is anticipated to hold dominant share of around 28.8% in 2022, but South Asia is expected to witness a higher growth rate over the forecast period.
- On the basis of application, cosmetics, and personal care industries are expected to hold a dominant share in 2022, but the nutraceutical industry is expected to witness a lucrative growth rate over the forecast period.
“Collagen drink manufacturers are aiming to sell more exclusive flavors to draw an increasing number of consumers. Focus towards fitness among consumers is expected to result in high sales of collagen drinks. Thus, producing fresh and tasty collagen drink items will help companies expand their business,” says a Future Market Insights analyst.
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Scope of the Report
| Attribute | Details |
| Forecast Period | 2022-2032 |
| Historical Data Available for | 2017-2021 |
| Market Analysis | US$ Mn for Value and MT for Volume |
| Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | End-user, Sales Channel, Application, and Region |
| Key Companies Profiled | • Shiseido Company Ltd. • Vital Protein LLC • AmorePacific Corporation • The Protein Drinks Co. • Sappe Public Company Ltd. • Asertism Healthcare • Hangzhou Nutrition Biotechnology Co. Ltd, • Anveva Nutraceuticals Ltd. • Kinohimitsu • Bottles Science Ltd • Bauer Nutrition • Lacka Foods Ltd. • Others |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
How Do Collagen Drinks Market Historic And Future Outlook Compare?
A growing number of consumers value beverages' ability to provide convenience, nutrition, and pleasure all in one portable package. As a result, there is a growing demand for collagen drinks that provide advanced health benefits, which has historically grown at a rate of around 8.4%.
Collagen supplements provide an excellent nutritional profile, proven health benefits, and overall cost-effectiveness. Collagen drinks are high in hydroxyproline, amino acids glycine, arginine, and proline which are associated with energy supply, cell regeneration, and metabolism. Customers looking for sports nutrition supplements are particularly interested in arginine and glycine.
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Competitive Landscape
Big players in the market are gaining from customer trust in them. Collagen drinks launched by big brands are more preferred by customers as they find them more trustworthy compared to new brands that have just arrived on the market. Additionally, big companies have stronger networks of distribution, and the potential to invest is high. Hence, increasing customer demand for famous brands would help expand new products businesses launch.
Explore FMI’s Extensive ongoing Coverage on Food and Beverage Domain
Chocolate Powdered Drinks Market - Chocolate powdered drinks can be mixed with water or milk to prepare instant chocolate drinks. Water based chocolate powdered drinks are generally cold beverages which include soft drinks or energy drinks.
Soft Drinks Concentrate Market - Soft drinks are beverages containing distilled water, sweetening agents, and flavoring agents. The sweetening agent used may be sugar, sweetener, high-fructose corn syrup, or any other sweet enhancing substance.
Squash (Drink) Market - Squash is a concentrated syrup which is made up of fruit. Squash is generally non-alcoholic in nature as it is not fermented. Generally while manufacturing squash sugar is added, but now a days few company offers sugar free squash. In modern squash, food coloring and additional flavors are also added.
Breakfast Drinks Market - Breakfast drinks are defined as a food products that are formulated through processing cereals with milk or other liquid ingredient. It is marketed as a supplementary food and positioned as a healthy, fast and convenient option for breakfast.
Non-GMO Verified Sports Drinks Market - While the demand for GMO food products is experiencing steady growth in the market, consumers are still uncertain about whether or not they are completely safe. Some consumers and scientists have been constantly criticising GMO-based products because of their identified health and environmental hazards.
Organic Drinks Market - Organic drinks are drinks manufactured with organic fresh vegetables or fruits grown without any artificial substance such as fertilizers, pesticides, or insecticides.
Almond Drink Market - Almond drinks are extracted from ground almonds which consists of nutty flavor and creamy texture. Almond drinks does not contain lactose, and is highly preferred by consumers which are lactose intolerant and individuals that avoid dairy products, including vegan consumers.
Drinkable Yogurt Market - Yogurt is a dairy product that is formed by the fermentation of milk using bacteria known as Streptococcus thermophilus. Probiotics have represented itself as revolutionary trends in the food and beverage industry.
Low Fat Drinks Market - A large number of population is inclining towards sustaining a healthy lifestyle, which propelled buyers to consume food and beverages which has some potential health benefits.
Plant-Based Energy Drink Market - According to the latest research by Future Market Insights, the plant-based energy drink market is set to witness steady growth during 2021-2031.
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