The U.S. & Japan collagen supplement market size was valued at $796.5 million in 2020, and is projected to reach $1.6 billion by 2030, registering a CAGR of 7.4%.The rapid spread of the coronavirus positively affected the growth of the U.S. & Japan collagen supplement market as the consumers have shifted toward health consciousness and fitness. Furthermore, the distribution landscape for functional foods & beverages is rapidly changing with increase in penetration of modern retail including supermarkets, hypermarkets, and e-commerce. Greater number of non-grocery retailers, such as mass merchandisers, drugstores, and retail chains are expanding their food supplement space to fulfil the surge in demand.

Rise in the adoption of an inactive or deskbound lifestyle, growing demand for good-for-you products, expansion of the retail market, and rise in consumption of nutraceuticals rich in protein drive the growth of the U.S. & Japan collagen supplement market. However, rise in the act of animal cruelty in animal farms and slaughterhouses, high cost of collagen supplements, and growing adoption of veganism restrain the market growth.Contrarily, increase in popularity of gummies, rise in awareness regarding collagen supplementation,and growth of online sales channelspresent new opportunities in the coming years.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/14796

Leading players of the U.S. & Japan Collagen Supplement Market analyzed in the research include Further Food, The Bountiful Company, Vital Proteins, Codeage LLC, Shiseido Company, Limited, The Clorox Company, Llc, Nizona Corporation, Meiji Holdings Co., Ltd., Eisai Co., Ltd., and Nitta Gelatin Inc. 

Covid-19 Scenario:

  • Due to Covid-19 pandemic, the U.S. & Japan collagen supplements market witnessed an upward growth owing to increase in demand for healthy nutritional products and supplements
  • Consumption of Vitamin D, Vitamin C, Zinc, Sodium, Minerals, and healthy and functional meals and beverages as preventive measures against the pandemic resulted in a quick surge in demand for such supplements products.
  • Due to the persisting consumer inclination toward health and wellbeing generated by the pandemic, this increase in sales is expected to continue in the post-covid era.

Connect with an expert for customization of Report https://www.alliedmarketresearch.com/request-for-customization/14796

The report offers detailed segmentation of the U.S. & Japan collagen supplements market based on source, form, sales channel, and country.

Based on source, the bovine collagen supplements segment held the highest market share in 2020, accounting for more than two-fifths of the total market share, and is projected to maintain its leadership status during the forecast period. However, the marine & poultry collagen segment is estimated to grow at the fastest CAGR of 8.0% from 2021 to 2030.

By distribution channel, the pharmacy segment accounted for the largest market share, contributing to more than two-fifths of the U.S. & Japan collagen supplements market in 2020, and is projected to maintain its leadership status during the forecast period. However, the online stores segment is expected to portray the largest CAGR of 8.1% from 2021 to 2030.

Based on country, the U.S held the highest market share in 2020, accounting for nearly two-thirds of the total market share, and is expected to continue its dominance by 2030. Moreover, this segment is projected to maintain fastest CAGR of 7.5% during the forecast period.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/14796

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Browse More Reports:

Bubble Tea Market

Packaged Food Market

U.S. and Europe polyphenol Market

Asia-Pacific Condiments Market

Collagen Peptide and Gelatin Market

Functional Carbohydrates Market

Leave a comment

Your email address will not be published. Required fields are marked *