The global collagen drinks market size is expected to reach $554. 48 million by 2027, with a market growth of 16.5% CAGR during the forecast period. Collagen drinks are dietary supplements that contain collagen protein and can be consumed in liquid or powder form.
New York, Jan. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Collagen Beverages Market By End User, By Distribution Channel, By Package Type, By Regional Outlook, Growth Report”. industry analysis and forecast, 2021 – 2027″ – https://www.reportlinker.com/p06222240/?utm_source=GNW
Some proteins are dissolved in liquid type purified water. Several studies have shown that consuming collagen supplements improves the health of nails, hair, skin, and joints. Another way to ingest collagen is in powder form by mixing it into drinks or soft foods. Based on end user, the market is bifurcated into male and female.
There is an increase in the demand for collagen drinks from the nutraceutical industry, which has led to an increase in the production of collagen products. Various players are joining the industry with improved strategies and ideas to gain a competitive edge in the market.
Impact of COVID-19
The COVID-19 pandemic has adversely affected the collagen beverages market. The outbreak of the pandemic caused manufacturing facilities for non-essential goods to partially or completely shut down due to an imposed lockdown in countries including India, China, Japan, Germany and the United States. Along with this, consumers were very concerned about their basic needs. and essential items, which has negatively impacted the demand for collagen drinks in the market. A significant portion of the beauty sector market has been shut down with the closure of high-end beauty supply stores. However, the market would witness a large demand for collagen drinks during the recovery phase.
As the world moves closer to normal, the market as well as the beauty industry itself is expected to experience growth due to the increase in the global middle class population and the use of e-commerce.
Market Growth Factors
Health benefits offered by collagen drinks
Collagen is an important component of skeletal muscle as it is the most richly found protein in the body. Some studies have indicated that drinking collagen drinks may help increase muscle mass in people who lose it as they age. Additionally, collagen drinks act as a sleep tonic just before going to bed. Glycine is the most abundant amino acid found in collagen. It can improve sleep quality by being an inhibitory neurotransmitter. It reduces the body’s core temperature and allows the person to sleep comfortably.
Increase consumer disposable income
With the increase in the level of income and purchasing power, the standard of living of consumers continues to rise. For this reason, consumers are spending large sums on luxury goods as well as functional foods and beverages. Growing consumer health awareness is also driving consumers with increased disposable income to consume dietary supplements and beverages like collagen drinks. Moreover, people’s growing awareness of their appearance motivates them to adopt all kinds of products to enhance their beauty.
Market restraining factors
Health dangers posed by overconsumption
Collagen drinks and supplements are usually made from common food allergens like eggs, fish, and shellfish. Some people may be allergic to these substances and experience anaphylaxis. Others report a bloated stomach and nausea after taking collagen supplements. Eczema, hives and wheezing are some of the allergic side effects caused by the product. Pregnant or breastfeeding women and allergy sufferers should be careful and check the label for possible allergens present in the supplement.
End User Perspectives
Based on end user, the market is segmented into male and female. The male segment is expected to show a significant growth rate over the forecast period. Male users mostly drink collagen drinks because it is a complex protein that sticks connective tissues throughout the body together like glue. Some varieties focus on improving the health and shine of facial hair for men. Collagen products also help in smoothing out the rougher skin of men, which would increase the demand for collagen drinks among men.
Distribution Channel Insights
Based on distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacies, online sales channel and other distribution channels. The online store market is expected to show a substantial growth rate in the collagen drinks market over the forecast period. This is because buying supplements online is more convenient than a walk-in store. People can enjoy various benefits through online shopping on credit and debit cards, which gives more incentive to buy collagen online.
On the basis of packaging type, the market is segmented into glass bottle and plastic bottle. The plastic bottle segment is expected to show a promising growth rate over the forecast period. This is due to the plastic’s ability to be sturdy and resilient and not shatter into sharp shards. This makes packaging and products safe to handle. Plastic bottles are cheaper to produce and efficient to store.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East & Africa. Asia-Pacific is expected to show promising growth over the forecast period. This is due to the increase in demand for beauty drinks in the modeling industry and the growing fashion in the region. Moreover, a large portion of the global population lives in the region and hence market players are keen to establish themselves in the Asia-Pacific markets.
The market research report covers the analysis of major market players. Key companies profiled in the report include Amorepacific Corporation, Asterism Healthcare Group, ATP Science Pty Ltd., Hangzhou Nutrition Biotechnology Co., Ltd., Heivy, Kino Biotech Co., Ltd. (Kinohimitsu), TCI Co., Ltd., Shiseido Company, Limited, Welbloom Bio Co., Ltd. and Wolfson Holdco Limited (Bauer Nutrition).
Strategies deployed in the Collagen Drinks market
Nov-2021: TCI introduced liquid collagen and patented Double Nutri liquid, strip-like packaging. Double Nutri is TCI’s patented dosage form that overcomes the inadequacies of traditional softgel capsules and allows functional oils to be transformed into a delicious, convenient, high-absorbency, multi-formulated functional drink.
Apr-2021: AMOREPACIFIC presented a renewed range of Super Collagen. This line consists of major essential nutrients for healthy skin, such as hyaluronic acid, elastin, ceramide, vitamin C, selenium and biotin.
March 2021: Amorepacific launched Scalp Saver, a shampoo. This shampoo consists of probiotic green tea which can help improve scalp imbalance caused by continuous weather and temperature changes.
Nov-2020: Kinohimitsu unveiled a green caviar marine collagen drink in Singapore. This drink contains green caviar which means sea grape, an edible seaweed, in which each serving contains 5300 mg of collagen and also provides whitening, anti-aging and anti-UV protection.
June-2020: TCI has collaborated with DXIN, a well-known brand in China. Through this partnership, the companies aimed to develop a range of high-end functional foods for beauty purposes, including the anti-aging collagen drink Cubilose, etc.
Scope of the study
Market Segments Covered in the Report:
Per end user
By distribution channel
• Online sales channel
• Other distribution channels
By type of packaging
• Glass bottle
• Plastic bottle
• North America
o United States
o Rest of North America
o United Kingdom
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia-Pacific
o Saudi Arabia
o South Africa
o Rest of the LAMEA
• Amorepacific Corporation
• Asterism Health Care Group
• ATP Science Pty Ltd.
• Hangzhou Nutrition Biotechnology Co., Ltd.
• Kino Biotech Co., Ltd. (Kinohimitsu)
• TCI Co., Ltd.
• Shiseido Company, Limited
• Webloom Bio Co., Ltd.
• Wolfson Holdco Limited (Bauer Nutrition)
• Comprehensive coverage
• The largest number of tables and figures on the market
• Subscription-based model available
• Best price guaranteed
• Provided after-sales research support with 10% free customization
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