JERSEY
CITY, N.J., May 17, 2024
/PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release
of a market assessment report on the "Global Collagen Water
Market- (By Source (Porcine, Chicken, Bovine, Sheep and Others),
By Form (Bottled Drinks, Canned Drinks and Powdered Mixes), By
Application (Food Industry, Cosmetics & Personal Care Industry,
Nutraceutical Industry, Pharmaceutical Industry and Others), By
Sales Channel (Modern Trade, Specialty Stores, Drug Stores, Online
Retail Stores and Others), By Region, Trends, Industry Competition
Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the
Global Collagen Water Market is valued at US$ 4.4
Bn in 2023, and it is expected to reach US$ 6.9 Bn by 2031, with a CAGR of
5.6% during the forecast period of 2024-2031.
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Collage water is water that has collagen peptides added to it.
Collagen is an animal-derived protein that is present in connective
tissues, skin, and bones. The collagen in this water is absorbed
practically, and there can be health benefits to that. The market
is growing because the cosmetics and nutraceutical industries have
grown.
Furthermore, as more people become aware of the benefits of
health and beauty drinks, the demand for collagen water is rising.
People are increasingly focusing on their physical attractiveness.
Rising incomes in developing nations and the powerful impact of
social media ads are to blame for this. Premature aging is a
problem among millennials because of their busy lives and bad
eating habits.
In addition to this problem, sagging skin and other skin-related
difficulties are caused by the body's decreased collagen levels,
which occur with age. As a result of these reasons, the desire to
get younger skin is on the rise, which in turn drives the expansion
of the global collagen water market.
To further broaden their customer base, prominent industry
participants are concentrating on launching gluten- and
lactose-free, vegan products without added sugars, preservatives,
or flavorings. The collagen water market is expected to thrive
during the projected period due to these factors.
List of Prominent Players in the Collagen Water
Market:
- 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
Market Dynamics:
Drivers-
The people who fuel the growing demand for the collagen water
market are becoming more health conscious and learning about the
advantages of collagen water for their skin, joints, and overall
vitality. Collagen water's effectiveness and ease of use have made
it a popular supplement among those looking for both aesthetic and
health benefits, which has driven market growth.
Furthermore, collagen is being touted by the fitness and beauty
sectors as an essential component for preserving youth and aiding
in recuperation after physical exertion, adding weight to this
trend. Flavored and improved collagen water variations have also
increased its marketability and consumer uptake by making it more
appealing to a wider audience as collagen water demand is projected
to grow, and the collagen water market is poised for expansion.
Challenges:
A major obstacle is the skepticism and absence of strong
scientific data that back up the health claims linked to water
collagen. This can cause consumers to be skeptical and hesitant.
Furthermore, consumers who are watching their pennies are put off
by the higher price of collagen water when contrasted with
conventional bottled water and other functional drinks. In
addition, these goods' labelling and health claims can be subject
to regulatory scrutiny, which could slow down the growth of the
collagen water market.
Regional Trends:
The North American collagen water market is anticipated to
register a major market share in terms of revenue. It is projected
to grow at a high CAGR in the near future because of the growth in
the millennial generation, a higher internet penetration rate,
higher per capita income, and higher demand from the fashion
industry.
The rising R&D activities are another factor expected to
drive the collagen water market in this area over the next several
years. Besides, Europe had a
substantial share in the market due to the growing cosmetics
sector, government programs endorsing collagen usage, fast
urbanization, and innovations in food science, all factors that
could lead to growth in this industry's market.
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Collagen Water Market Report Scope:
Report
Attribute
|
Specifications
|
Market Size Value In
2023
|
USD 4.4 Bn
|
Revenue Forecast In
2031
|
USD 6.9 Bn
|
Growth Rate
CAGR
|
CAGR of 5.6% from 2024
to 2031
|
Quantitative
Units
|
Representation of
revenue in US$ Bn and CAGR from 2024 to 2031
|
Historic
Year
|
2019 to 2023
|
Forecast
Year
|
2024-2031
|
Report
Coverage
|
The forecast of
revenue, the position of the company, the competitive market
structure, growth prospects, and trends
|
Segments
Covered
|
By Source, By Form, By
Application, By Sales Channel and By Region
|
Regional
Scope
|
North America; Europe;
Asia Pacific; Latin America; Middle East & Africa
|
Country
Scope
|
U.S.; Canada; U.K.;
Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain;
South East Asia; South Korea
|
Recent Developments:
- In February 2024, The
Great Lakes Gelatin Company is proud to present its new line of
rapidly dissolving collagen peptide compositions. The market is
flooded with substances that have been proven to improve health
through clinical trials, satisfying consumer demand. This gives the
company a competitive advantage.
- In January 2024, BioCell
launched using BioCell Collagen on a daily basis, significantly
reducing the visibility of wrinkles and other signs of skin aging,
according to a 12-week research. Results from this
placebo-controlled, randomized clinical trial showed that women's
skin became softer, crow's feet vanished, and the appearance of
fine lines and wrinkles diminished.
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Segmentation of Collagen Water Market-
By Source
- Porcine
- Chicken
- Bovine
- Sheep
- Others
By Form
- Bottled Drinks
- Canned Drinks
- Powdered Mixes
By Application
- Food Industry
- Cosmetics & Personal Care Industry
- Nutraceutical Industry
- Pharmaceutical Industry
- Others
By Sales Channel
- Modern Trade
- Specialty Stores
- Drug Stores
- Online Retail Stores
- Others
By Region
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and
Africa
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Why should buy this report:
- To receive a comprehensive analysis of the prospects for global
Collagen Water market
- To receive industry overview and future trends of global
Collagen Water market
- To analyze the Collagen Water market drivers and
challenges
- To get information on the Collagen Water market size value (US$
Mn) forecast till 2031
- Major Investments, Mergers & Acquisition in global Collagen
Water industry
Other Related Reports Published by InsightAce
Analytic:
Collagen Peptides Market
Ready-to-Drink Beauty Beverage Market
Functional Beverages Market
About Us:
InsightAce Analytic is a market research and consulting firm
that enables clients to make strategic decisions. Our qualitative
and quantitative market intelligence solutions inform the need for
market and competitive intelligence to expand businesses. We help
clients gain competitive advantage by identifying untapped markets,
exploring new and competing technologies, segmenting potential
markets and repositioning products. Our expertise is in providing
syndicated and custom market intelligence reports with an in-depth
analysis with key market insights in a timely and cost-effective
manner.
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