The collagen water market is booming thanks to the growing
popularity of health and beauty products. Consumers are more
interested in skincare and healthy eating, which is driving
manufacturers to create collagen-infused drinks and cosmetics. A
new report by FMI goes beyond trends to analyze the market's
drivers, challenges, and future potential. It also provides
valuable insights to help you make informed business decisions,
including investment analysis and market research
tools.
NEWARK, Del., March 28, 2024 /PRNewswire/ -- The Collagen
Water Market advancement through 2034 will occur at a
CAGR of 8.3%. It will direct the market to achieve a market
valuation of US$ 10.76 billion after the
forecasted period. Moreover, it is predicted that the subject
market is likely to reach US$ 4.87
billion by 2024.
Download the Sample PDF report to explore key market insights
and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19357
The growing cosmetic and personal care industry is the
fundamental driving force for the subject market. As collagens have
better coagulation with different solvents, they create a better
moisturizing base. Hence, consumers demand its use in the cosmetic
industry, boosting production.
The food and beverage industry has grown recently, which surges
the collagen compounds. An adequate external protein supply through
collagen water resolves the protein deficiency, generating more
demand among consumers. Thus, it is another critical market
driver.
Medicinal values and properties of collagen surge its use in the
pharmaceutical industry. Many medicines, protein supplements, and
other products use collagen as its primary product. Hence, this
surges its demand, driving the said market.
Key Takeaways from the Market Study
- Based on the end-user industry application, the cosmetics and
personal care segment will hold the largest market share. It
promises to secure 32.7% of the market space in 2024.
- Sales channels market segment drive the subject market
significantly, holding 23.5% of the market share.
- China leads the Asia-Pacific region by registering an
estimated CAGR of 12.8%. Moreover, this impressive growth results
in the Asia-Pacific region leading
the collagen water market.
- Spain leads the European
market and forecasts market advancement at a CAGR of 6.6%.
"Rapid degradation after being impacted by external heat
reduces the quality of collagen, and therefore, its proper storage
is a key market for the global collagen water
market," says Sneha
Varghese (Senior Consultant, Consumer Products &
Goods at Future Market Insights, Inc.).
Competitive Landscape
The global collagen water market experiences a great force due
to highly fierce competition. Various competitors have acquired a
respectful market space in the industry, cluttering the market. Due
to this, the market penetration for the new entrants becomes
difficult. However, product development, innovation, and effective
branding can help them gain a better market position.
Existing market competition is subjected to various strategic
initiatives taken by key players. Mergers and acquisitions,
strategic alliances, product development, etc., are key strategic
initiatives helping these organizations. The following are some key
market developments recently made:-
- In June 2022, Vital Proteins
introduced new lemon collagen peptides. The latest product has
innovative flavors and additives, so the organization's portfolio
is diversified. Moreover, it is a product upgrade, helping the
organization become more competitive in the market space.
- In March 2024, Youtheory launched
a Fish-Free Omega-3 product. This will help the organization
innovate its products in the market space. Also, it will
revolutionize the supplements market segment by assertively
impacting brain and heart health.
Purchase now and gain full access to
the Collagen Water Industry report, featuring comprehensive Market
Forecast, Company Share Analysis, Competition Intelligence, DROT
Analysis, Market Dynamics and Challenges, and Strategic Growth
Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global collagen water
market analysis, providing historical data from 2019 to 2023 and
forecast statistics from 2024 to 2034.
Source (Porcine, Chicken, Bovine, Sheep, and Others), Form
(Bottled Drinks, Canned Drinks, and Powdered Mixes), Application
(Food Industry, Cosmetics & Personal Care Industry,
Nutraceutical Industry, Pharmaceutical Industry, and Others), and
Sales Channel (Modern Trade, Specialty Stores, Drug Stores, Online
Retail Stores, and Others) segment the subject market.
About the Consumer Product Domain at Future Market
Insights
Future Market Insights' consumer product team offers expert
analysis, time-efficient research, and strategic recommendations to
provide authentic insights and accurate results to help clients
worldwide. With over 100+ reports and one million+ data points, the
team has lucidly analyzed the industry in 50+ countries for over a
decade. The team briefly analyzes key trends, including competitive
landscape, profit margin, and research development efforts.
About the Author:
Sneha Varghese (Senior
Consultant, Consumer Products & Goods) has 6+ years of
experience in the market research and consulting industry. She has
worked on 200+ research assignments pertaining to Consumer Retail
Goods.
Her work is primarily focused on facilitating strategic
decisions, planning and managing cross-functional business
operations, technology projects, and driving successful
implementations. She has helped create insightful, relevant
analysis of Food & Beverage market reports and studies that
include consumer market, retail, and manufacturer research
perspective. She has also been involved in several bulletins in
food magazines and journals.
Explore FMI's Extensive Coverage in the Consumer Products
Domain:
- Demand for Hot Food Vending Machine in the United States and Canada by Steel and Aluminum Material Type
for 2024 to 2034. – Review and Request to Access the Sample
Report.
- Demand Forecast for Drinking Water in Saudi Arabia by Still and Carbonated
Drinking Water through 2034. - Review and Request to Access the
Sample Report.
- Demand Forecast for Shisha
Tobacco in GCC by Strong, Mild, and Light Shisha Tobacco
for 2024 to 2034. - Review and Request to Access the Sample
Report.
- Second-hand Apparel in Europe by Dresses & Tops, Shirts &
T-Shirts, and Other Products through 2034. - Review and Request
to Access the Sample Report.
- Pharmaceutical eCommerce Market Forecast by Prescription
Medicine and Over-the-counter Product from 2024 to 2034. -
Review and Request to Access the Sample Report.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence
and consulting service provider, serving clients in over 150
countries. FMI is headquartered in Dubai and has delivery centers in the UK, the
U.S., and India. FMI's latest
market research reports and industry analysis help businesses
navigate challenges and make critical decisions with confidence and
clarity amidst breakneck competition. Our customized and syndicated
market research reports deliver actionable insights that drive
sustainable growth. A team of expert-led analysts at FMI
continuously tracks emerging trends and events in a broad range of
industries to ensure that our clients prepare for the evolving
needs of their consumers.
Contact Us
Nandini Singh
Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube
Logo:
https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/collagen-water-market-to-reach-10-76-billion-by-2034-fueled-by-beauty-and-beverage-trends--future-market-insights-inc-302102319.html