Market Size of Asia Pacific Collagen Supplements Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR (2024 - 2029) | 5.15 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Collagen Supplements Market Analysis
The Asia Pacific Collagen Supplements Market is expected to register a CAGR of 5.15% during the forecast period.
Collagen supplements are dietary supplements consumed to address the deficiency of collagen in the diet. They are mainly derived from the bones and skin of animals and fish. They come in various forms, such as gummies, pills, powders, and drinks. Collagen supplements are available across the Asia Pacific region and can be used without the prescription of a medical practitioner. Collagen supplements are commonly accepted among bodybuilders and regular fitness enthusiasts as they help to maintain the health of their skin and bones. Moreover, the demand for collagen supplements has constantly improved among consumers.
Moreover, the increasing prevalence of arthritis, inflammatory bone diseases, and other rheumatoid arthritis has encouraged people to inculcate collagen supplements to keep themselves healthy and away from such diseases. According to World Health Organization (WHO) data 2022, In India, Osteoarthritis is the second most common rheumatologic problem, and it is the most frequent joint disease in the country with a prevalence of 22% to 39%.Furthermore, the age group and income level play an important role in determining the purchase of collagen supplements in the Asia Pacific region.
Asia Pacific Collagen Supplements Industry Segmentation
Collagen supplements are dietary supplements used to address the deficiency of collagen in the diet. They are usually derived from the bones and skin of animals and fish.
The source segments the Asia Pacific collagen market as animal- and marine-based collagen. The distribution channel of collagen segments the market as hypermarkets/supermarkets, pharmacies, internet retailing, and other distribution channels. Also, the study analyzes the collagen market in the emerging and established markets across the Asia Pacific, including China, Japan, Australia, India, and the Rest of Asia Pacific. The market sizing has been done in value terms in USD for all the abovementioned segments.
By Source | |
Animal-based Collagen | |
Marine-based Collagen |
By Distribution Channel | |
Hypermarket/Supermarket | |
Pharmacies | |
Internet Retailing | |
Other Distribution Channels |
By Country | |
China | |
Japan | |
Australia | |
India | |
Rest of Asia Pacific |
Asia Pacific Collagen Supplements Market Size Summary
The Asia Pacific collagen supplements market is experiencing steady growth, driven by increasing consumer awareness and demand for health and wellness products. Collagen supplements, available in various forms such as gummies, pills, powders, and drinks, are gaining popularity among fitness enthusiasts and health-conscious individuals. These supplements are primarily derived from animal and fish sources and are used to address collagen deficiencies in the diet. The market is further bolstered by the rising prevalence of arthritis and other bone-related diseases, prompting consumers to incorporate collagen supplements into their daily routines for better bone and joint health. The demand for marine collagen is also on the rise due to its environmental benefits and similarity to human collagen, making it an attractive alternative to traditional animal-based collagen.
The competitive landscape of the Asia Pacific collagen supplements market is marked by the presence of both domestic and multinational companies, with key players like Gelita AG, Tci Co. Ltd., and Nestle Health leading the charge. These companies are focusing on strategic initiatives such as mergers, acquisitions, and product innovations to enhance their market presence. Government support and promotion of collagen-based products, along with the increasing number of fitness centers and health-conscious consumers, are contributing to the market's expansion. The market's growth is also supported by the trend towards proactive health measures and the rising consumption of protein-rich and health supplements, making collagen supplements a popular choice for consumers seeking to improve their overall health and well-being.
Asia Pacific Collagen Supplements Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.1.1 Rising Demand for Marine-based Collagen
-
-
1.2 Market Restraints
-
1.2.1 High cost of collagen supplements
-
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Source
-
2.1.1 Animal-based Collagen
-
2.1.2 Marine-based Collagen
-
-
2.2 By Distribution Channel
-
2.2.1 Hypermarket/Supermarket
-
2.2.2 Pharmacies
-
2.2.3 Internet Retailing
-
2.2.4 Other Distribution Channels
-
-
2.3 By Country
-
2.3.1 China
-
2.3.2 Japan
-
2.3.3 Australia
-
2.3.4 India
-
2.3.5 Rest of Asia Pacific
-
-
Asia Pacific Collagen Supplements Market Size FAQs
What is the current Asia Pacific Collagen Supplements Market size?
The Asia Pacific Collagen Supplements Market is projected to register a CAGR of 5.15% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Collagen Supplements Market?
Gelita AG, Tci Co., Ltd., Titan Biotech, Hangzhou Nutrition Biotechnology Co., Ltd. and Nestle Health are the major companies operating in the Asia Pacific Collagen Supplements Market.