The collagen supplement market valuation is estimated to surpass USD 2 billion by 2032, as reported in a research study by Global Market Insights Inc.
The report identifies increasing awareness of health benefits associated with collagen supplements market as the chief driver of the industry. Furthermore, accelerating penetration of the product in emerging countries, including India, Argentina, China, and Iran is aiding in market progression. Business tactics of top firms to expand their customer reach is benefitting industry dynamics. For instance, in March 2022, ByHealth, a Chinese vitamin and dietary supplement producer, introduced its new collagen product Highflex joint health range. With the innovation, the company aims to expand its business in the collagen market of China.
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The sugar confectionary segment is slated to be valued at USD 14 billion by 2032. The segmental growth will be majorly due to the increasing consumer and manufacturer inclination towards premium sugar confectioneries.
The nut-based filings segment is anticipated to grow considerably during 2023-2032. The demand for nut-based fillings is anticipated to come from the increasing awareness toward health among consumers. As per several reports, the meat industry is heading novel innovations in the food space by incorporating fillings based on nuts, influencing the market demand.
The solid fillings form segment is projected to depict over 4% CAGR through 2032. Solid fillings offer features such as lowering cholesterol levels and assisting in weight loss which will positively thrive its adoption in the coming years.
The wholesale/distributor segment is anticipated to showcase strong growth as it plays a key role of being an immediate entity between confectionery fillings manufacturers and retailers. The distributor assists producers in expanding their operations by selling candy fillings at lower prices. Also, they provide client services and ease off the manufacturer’s load of administrative tasks.
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Prominent players include in the collagen supplement market Everest NeoCell LLC, Nestle SA, The Clorox Company, A54:B60, Absolute Collagen, THE BOUNTIFUL COMPANY, Codeage LLC, Revive Collagen, and BioTechUSA. The competitive landscape of this industry is primed to witness a set of innovative product launches and acquisitions by companies to improve their business dynamics.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Collagen supplement market 3600 synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Source trends
2.1.4 Form trends
2.1.5 Distribution channel trends
2.1.6 Application trends
Chapter 3 Collagen Supplement Market Insights
3.1 Industry segmentation
3.2 Industry landscape, 2018 – 2032
3.2.1 Impact of Covid-19 outbreak
3.3 Industry ecosystem analysis
3.3.1 Raw material analysis
3.3.2 Manufacturers
3.3.3 Distribution channel analysis
3.3.4 Profit margin trends
3.3.5 Value addition at each stage
3.3.6 Vendor matrix
3.3.6.1 Key raw material suppliers
3.3.6.2 Key product manufacturer
3.3.6.3 Key end user
3.4 Regulatory landscape
3.4.1 U.S.
3.4.2 Europe
3.4.3 Asia Pacific
3.5 Pricing analysis (including COVID-19 impact)
3.5.1 Regional price trends
3.5.2 Product price trends
3.5.3 Cost structure analysis
3.5.3.1 Manufacturing & equipment costs
3.5.3.2 Raw material costs
3.5.3.3 Distribution cost
3.5.3.4 Operating cost
3.5.3.5 R&D cost
3.5.3.6 Miscellaneous cost
3.6 Technology landscape
3.7 Innovation & sustainability
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Rising demand for dietary supplements
3.8.1.2 Increasing usage of collagen supplement in food and beverages
3.8.1.3 Health benefits associated with collagen supplement
3.8.2 Collagen Supplement Market pitfalls and challenges
3.8.2.1 Increase in adoption of veganism
3.8.2.2 Supply chain disruption
3.9 Growth potential analysis, 2022
3.10 Competitive landscape
3.10.1 Top players analysis
3.10.2 Key stakeholders
3.10.3 Strategy dashboard
3.11 Porter’s analysis
3.11.1 Supplier power
3.11.2 Buyer power
3.11.3 Threat of new entrants
3.11.4 Threat of substitute
3.11.5 Industry rivalry
3.12 PESTEL analysis
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Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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