Collagen Supplements Market Observes growth in CAGR of 7.0% during the Forecast period 2022-2028

 

Collagen Supplements Market

The skin contains a lot of collagen. It is crucial for maintaining skin's suppleness, moisture, and strength. As people become older, their bodies create less collagen, which causes their skin to become dry and wrinkles to appear. As a result, the demand for collagen supplements is rising. Supplemental collagen offers a number of health advantages. When used regularly, collagen supplements—whether they be in the form of powder, gel, capsules, or tablets—deliver numerous forms of collagen protein. Supplemental collagen offers various health advantages with very few recognised hazards. Supplements may boost muscle mass, ease joint discomfort, stop bone deterioration, and improve the health of the skin by minimising wrinkles and dryness. According to research, using collagen supplements may enhance the health and appearance of the skin in some ways.

Over the course of the projected period, a rise in collagen supplement consumption is anticipated to fuel Collagen Supplements Market expansion. As an illustration, collagen supplements can benefit skin health. In the development and maintenance of skin, cartilage, bones, and connective tissue, collagen is crucial. Collagen Peptides for Skin and Joints, a new hydrolyzed collagen supplement, will be available starting in November 2020, according to Life Extension. It is a daily collagen supplement that is simple to incorporate with water or other healthy beverages. Types I, II, and III of collagen are present in this collagen supplement.

According to Coherent Market Insights, The global Collagen Supplements Market was valued at US$ 2,026.70 Mn in 2021 and is forecast to reach a value of US$ 3,233.14 Mn by 2028 at a CAGR of 7.0% between 2022 and 2028.

During the forecast period, an increase in the world's senior population is anticipated to boost market expansion for collagen supplements. For instance, research have indicated that supplementing with collagen peptides may be advantageous for older individuals and support skin and bone health as people age since as people age, the body produces less collagen. According to the UN, there were 703 million individuals worldwide who were 65 or older in 2019, and by 2050, that number is projected to increase to 1.5 billion. The proportion of the world's population that is older is rising quickly.

The development of the global Collagen Supplements Market is anticipated to be hampered by regulations that forbid the consumption of foods and drinks made from animals. For instance, certain animal rights groups, like PETA and Animal Equality, encourage people to consume fewer foods and beverages made with animal products and to explore for alternate methods of obtaining nutrition. The sales of goods and supplements derived from animals are thus being negatively impacted.

The global Collagen Supplements Market is predicted to experience slow growth due to consumer shifts toward vegan diets. Veganism has gained enormous popularity worldwide, especially in the fitness industry. The Good Food Institute estimates that in 2021, sales of plant-based foods expanded three times more quickly than sales of all foods. Thus, as veganism becomes more popular, less people are buying animal goods.

Get Press Release for Global Collagen Supplements Market - https://www.coherentmarketinsights.com/press-release/collagen-supplements-market-4417

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