Collagen Water Market Size and Share Forecast Outlook (2024 to 2034)
The global collagen water market is estimated to propagate through market hurdles during the forecasted period to achieve a USD 10.76 billion valuation by 2034. The estimated leap is attributed to a promising CAGR of 8.3%. Further, the subject market will gain a market size of USD 4.87 billion by 2024.
| Attributes |
Key Insights |
| Estimated Market Size in 2024 |
USD 4.87 billion |
| Projected Market Value in 2034 |
USD 10.76 billion |
| Value-based CAGR from 2024 to 2034 |
8.3% |
Key Trends and Emerging Opportunities in the Collagen Water Industry
- Brands are developing their image under business ethicality. This surges the practice of ethical sourcing, which is a key market trend. It increases consumer attention, as more consumers are preferring this practice.
- Sustainability has been an emerging trend in the global collagen water market. Manufacturers and consumers rely more on sustainable products, which can be produced using natural ingredients.
- Flavor innovation, along with the medicinal properties of collagen products, is another key market trend. The increasing health awareness is driving the market trend.
- Technological integration enables manufacturers to decide the composition of products accurately. This is another key market trend propelling the market.
Comparison of Demand Trends (2019 to 2023) vs Forecast Outlook (2024 to 2034)
The historical figures suggest that the global collagen water market propelled at a CAGR of 7.6% from 2019 to 2023. The market size increased from USD 3.57 billion to USD 4.77 billion during this period.
The increased prevalence of diseases caused by sedentary and ill-structured lifestyles surged the demand for healthy food products. A surge was observed in the pharmaceutical and food industry for such products. As an integral component of these products, collagens pushed the market during the historical period.
The lack of protein content was observed to have spiked significantly. Hence, it was essential to fill this gap with the help of relevant products. Collagen water, fulfilling the demand, resolved the patients’ complaints of joint pains. Hence, this is another important market driver.
The forecasted period is concerned with the growing cosmetic and personal care industry. The growth of the sector surges the demand for moisturizer products. Collagen, being an excellent water binder, provides better semi-solid liquids. Hence, this is likely to drive the subject market.
| Historical CAGR from 2019 to 2023 |
7.6% |
| Forecast CAGR from 2024 to 2034 |
8.3% |
Drivers Supporting the Expansion of the Collagen Water Market
- The growing cosmetic industry is the fundamental market driver for the global collagen water market.
- The increasing consumer awareness about skincare surges the demand for relevant products. Hence, this drives the subject market.
- Due to the wide applications of collagen in different industries, many lucrative opportunities are created for the market, helping it propagate.
- Beverage manufacturers and cosmetic brands collaborate, fueling the market growth as collagen water can be positioned and marketed as a beauty enhancer drink or elixir.
Challenges Affecting the Growth Trajectory of Collagen Water Products
- Storage and management of collagen products might be the fundamental challenge for the collagen water market. They get rapidly degraded due to the overexposure to heat.
- Collagen formulation is another key challenge. This is because collagen might change its properties after dissolving in some solvents.
Analysis of Top Countries Consuming and Distributing Collagen Water
Various regions actively contribute toward the development of the collagen water market. Asia-Pacific promises to be the highest-growing market in the forecasted period. Due to the emergence of new markets, new prospects for the subject market have become visible. This fuels its growth.
North America holds a significant market share, which fuels the growth of the subject market. Developed countries like Canada, the United States of America, etc. provide lucrative growth opportunities to the market. Apart from this, Europe also contributes substantially to the market progress.
Forecast CAGRs from 2024 to 2034
| Countries |
Forecasted CAGR |
| Canada |
6.7% |
| France |
6.2% |
| Spain |
6.6% |
| China |
12.8% |
| India |
9.4% |
Embracing Sustainability Drives the Canadian Collagen Water Market
- It is estimated that Canada will lead North America in the forecasted period by registering its advancement at a CAGR of 6.7%.
- The fundamental market driver can be attributed to the rising inclination toward sustainability. Consumers have started to prefer sustainable and environmentally safe products.
- Sustainable collagen water sourcing, mostly from marine sources, attracts more consumers.
- Apart from this, ethical sourcing practice is another market driver for the Canadian market.
- Therefore, these factors influence consumer inclination toward products, driving the subject market.
Culinary Innovation Drives the French Market
- France contributes to the European market significantly and forecasts its advancement at a moderate CAGR of 6.2%.
- The French culture embraces different cultures and enjoys exploring them in health and wellness.
- To meet this, culinary innovation is the medium is chosen, which surges the demand for flavor sophistication through the seamless integration with collagen.
- Due to this, collagen water becomes an integral part of the French pallet.
Mediterranean Diet and Lifestyle is Responsible for the Growth of the Spanish Collagen Water Market
- The Spanish culture adheres to its traditional diet and lifestyle, focusing on the Mediterranean diet.
- Consequently, more emphasis is placed on healthy and nutrient-rich food items. These food items can be enriched with antioxidants using collagen water.
- Apart from this, the shelf-life and longevity of food items increase due to the active role of collagen.
- This supports the Spanish market’s progress, forecasting its advancement at a CAGR of 6.6%.
Medicinal Values of Collagen Water Elevate its Demand in China
- The Chinese population is more inclined toward anti-aging solutions and medicines that will help their skin remain wrinkle-free.
- Collagen possesses properties that benefit the skin health of an individual. Also, it is closely related to the traditional Chinese medicines.
- This increases consumer preferences for collagen water products, surging the Chinese market.
- Apart from this, emphasizing anti-aging benefits leads to increased sales of products, driving the subject market.
- Therefore, these factors drive the Chinese collagen water market at a CAGR of 12.8%, helping the country lead the Asia-Pacific region.
Growing Health and Wellness Trends Drive the Indian Market
- India is the second-largest growing market in Asia-Pacific in terms of its growth rate. It forecasts the market advancement at a CAGR of 9.4%.
- The Indian population, especially the current generation, is keen on health and wellness.
- They frequently seek healthy products through food items and beverages, leveraging the demand for relevant ingredients.
- The collagen water market is positioned in the Indian market that aims to attract health-affectionate population.
- Fitness enhancement, skin benefits, and nutrient intake are properties of collagen products that attract consumers in India, driving the market.
Collagen Water Industry Analysis by Top Investment Segments
Based on the application, the cosmetic and personal care industry will secure the largest market in 2024, equalling 32.7%.
| Category |
Application (Cosmetics & Personal Care Industry) |
| Market Share in 2024 |
32.7% |
| Market Segment Drivers |
Due to its great water-binding capacity, collagen often finds demand in preparing moisturizers, which is currently being surged., Rising skincare awareness is surging the skin care products, whose collagen is an integral part., Therefore, these factors drive the subject market segment, furling its substantial market share.
|
Based on sales channels, specialty stores are estimated to secure the largest market share of 23.5% by 2024.
| Category |
Sales Channel (Specialty Stores) |
| Market Share in 2024 |
23.5% |
| Market Segment Drivers |
Due to different organizations' bolstered distribution channel network, efficient store supply of collagen water can be ensured., Apart from this, specialty stores have a better consumer reach, supporting efficient branding., Therefore, these factors drive the subject market’s sales channel segment, ensuring its significant market share. |
Competitive Landscape of the Collagen Water Market
The global collagen water market is highly exploited, evident from its growing size. However, the presence of competitors in the competitive landscape creates a fierce competitive force.
The new entrant must innovate and develop its products to withstand the force. Moreover, it is crucial to emphasize marketing and branding strategies to gain a competitive edge.
Key marketers create a strong presence through their innovative products. Also, they use different strategies to expand in the market. Strategic collaborations, partnerships, mergers and acquisitions, global expansions, etc., are key strategic initiatives helping these businesses acquire a sustainable competitive edge.
Key Market Developments
- In November 2021, Great Lakes Gelatin Company introduced quick-dissolve collagen peptide products. Clinically researched ingredients promise to add health benefits, fulfilling the consumer demand. Hence, this gives a competitive niche to the organization.
- In February 2022, Nestlé Health Science acquired Vital Proteins. This move helps the latter business expand geographically in different countries. It allows business to bolster its strategic position in the competitive market space.
- In October 2022, BioCell Technology was critically acclaimed and certified by Halal, an Islamic Information Documentation and Certification GmbH (IIDC). This helps the business penetrate the market deeply. Moreover, it allows business to expand geographically, as IIDC is accepted in all the Islamic countries in the Middle East and Asia Pacific.
Coverage of the Collagen Water Market Report
- Strategic analysis of market dynamics and fueling factors.
- Emerging regions’ analysis providing a complete overview of the market niche in developing and developed markets.
- Strategic initiatives taken by key players in the collagen water market.
- Competitive landscape analyzed with the help of theoretical frameworks.
- Key coverage of market drivers, restraints, opportunities, and challenges.
- Key growth indicators of the market with respect to its historical position.
Overview of Analytical Coverage and Study Boundaries for the Collagen Water Industry
| Attributes |
Details |
| Estimated Market Size in 2024 |
USD 4.87 billion |
| Projected Market Valuation in 2034 |
USD 10.76 billion |
| Value-based CAGR 2024 to 2034 |
8.3% |
| Forecast Period |
2024 to 2034 |
| Historical Data Available for |
2019 to 2023 |
| Market Analysis |
Value in USD billion |
| Key Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
| Key Market Segments Covered |
By Source, By Form, Application, Sales Channel, Region |
| Key Countries Profiled |
The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel
|
| Key Companies Profiled |
Vital Proteins; Bulletproof; Neocell; Youtheory; Reserveage Nutrition; Health Logics; BioCell Technology; Great Lakes Gelatin Company; Zint; Ancient Nutrition; Applied Nutrition; BUBS Naturals; Primal Kitchen; Nordic Naturals; Collagen Matrix |
