DUBAI, United Arab Emirates, March 28, 2022 (GLOBE NEWSWIRE) — The global collagen beverage market is expected to grow at a 9.8% CAGR and is expected to reach a valuation of around $649.5 million by 2032.
Today’s customers expect drinks on the go that are safe and nutritious. People are concerned about the nutritional value and quality of their drinks, and instead of asking, “What’s in that drink?” they ask, “What does this drink do for me?”
|Collagen Drinks Market Size (2022E)||US DOLLARS$255.4 min|
|Projected Size of the Collagen Drinks Market (2032F)||US DOLLARS$649.5 min|
|CAGR Value (2022-2032)||9.8%|
|Market share of the 3 main countries||31.2%|
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Consumers are increasingly aware of the health benefits of the foods they consume, resulting in an increase in the overall collagen drink market. Manufacturers are therefore ensuring that the health benefits of their products are well known to increase accessibility and drive growth.
One of the major drivers of the collagen drinks market is the growing demand for convenient packaging. The hectic lifestyles and lack of time across the world have led many people to prefer takeout food. This leads to the increase in sales of small, convenient packages of collagen drinks that can be easily carried in the hands. This is supported by innovative packaging that allows longer storage of collagen drinks.
Key insights from market research
- The market is segmented on the basis of end user, with female end users expected to account for approximately 62.3% of the market share during the forecast period.
- North America collagen beverages market is expected to hold a dominant share of around 28.8% in 2022, but South Asia is expected to experience higher growth rate during the forecast period.
- Based on the applications, cosmetics and personal care industries are expected to hold a dominant share in 2022, but the nutraceutical industry is expected to witness a lucrative growth rate during the forecast period.
“Collagen drink makers are aiming to sell more exclusive flavors to appeal to a growing number of consumers. The focus on fitness among consumers is expected to drive high sales of collagen drinks. Thus, the production of fresh and tasty collagen drinks will help companies to grow their businesses,” says an analyst from Future Market Insights.
For any questions related to the report, ask an analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-14427
|Historical data available for||2017-2021|
|Market analysis||US$ Mn for value and MT for volume|
|Key regions covered||North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa|
|Main countries covered||United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic countries, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.|
|Key Segments Covered||End user, sales channel, application and region|
|Profiled Key Companies|| • Shiseido Company Ltd.
• Vital Protein LLC
• Amore Pacific Corporation
• The Protein Drinks Co.
• Sappe Public Company Ltd.
• Asertism Health
• Hangzhou Nutrition Biotechnology Co. Ltd,
• Anveva Nutraceuticals Ltd.
• Bottles Science Ltd
• Lacka Foods Ltd.
|Report cover||Market forecasts, company share analysis, competitive intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives|
|Customization and pricing||Available on demand|
How to compare the historical and future outlook of the Collagen Drinks market?
A growing number of consumers appreciate beverages’ ability to deliver convenience, nutrition and pleasure in one portable package. As a result, there is a growing demand for collagen drinks with advanced health benefits, which has historically grown at a rate of around 8.4%.
Collagen supplements offer an excellent nutritional profile, proven health benefits, and overall cost effectiveness. Collagen drinks are rich in hydroxyproline, the amino acids glycine, arginine and proline which are associated with energy supply, cell regeneration and metabolism. Customers looking for sports supplements are particularly interested in arginine and glycine.
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The big players in the market are gaining customer confidence in them. Collagen drinks launched by big brands are more preferred by customers as they find them more trustworthy as compared to newer brands which have just come into the market. In addition, larger companies have stronger distribution networks and the investment potential is high. Therefore, increasing customer demand for famous brands would help expand new product launches by companies.
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Chocolate Powder Drinks Market – Chocolate powder drinks can be mixed with water or milk to make instant chocolate drinks. Water-based chocolate powder drinks are usually cold drinks that include soft drinks or energy drinks.
Carbonated Drink Concentrates Market – Carbonated drinks are beverages containing distilled water, sweeteners and flavoring agents. The sweetening agent used can be sugar, sweetener, high fructose corn syrup or any other sweetness enhancing substance.
Squash (Drink) Market – Squash is a concentrated syrup made from fruit. Squash is usually non-alcoholic in nature as it is not fermented. Typically, when making squash, sugar is added, but these days not many companies offer sugar-free squash. In modern squashes, additional food colorings and flavors are also added.
Breakfast Drinks Market – Breakfast drinks are defined as food products formulated by processing cereal with milk or other liquid ingredient. It is marketed as a complementary food and positioned as a healthy, quick and convenient option for breakfast.
Verified Non-GMO Sports Drink Market – While the demand for GMO food products is steadily growing in the market, consumers are still unsure whether they are completely safe or not. Some consumers and scientists have consistently criticized GMO products due to their identified health and environmental risks.
Organic Beverages Market – Organic beverages are beverages made with fresh organic vegetables or fruits grown without any artificial substances such as fertilizers, pesticides or insecticides.
Almond Drinks Market – Almond drinks are extracted from ground almonds which consist of nutty flavor and creamy texture. Almond drinks are lactose-free and are popular with lactose intolerant consumers and dairy avoiders, including vegan consumers.
Drinkable Yogurt Market – Yogurt is a dairy product formed by the fermentation of milk using bacteria called Streptococcus thermophilus. Probiotics have emerged as breakthrough trends in the food and beverage industry.
Low Fat Beverages Market – A large number of people are inclined to maintain a healthy lifestyle, which has driven buyers to consume foods and beverages that have potential health benefits.
Plant-Based Energy Drinks Market – According to the latest research from Future Market Insights, the plant-based energy drinks market is expected to witness steady growth in 2021-2031.
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