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According to a new report Global Collagen Drinks Market, published by KBV research, The Global Collagen Drinks Market size is expected to reach $554.48 million by 2027, rising at a market growth of 16.5% CAGR during the forecast period.
The Female market dominated the Global Collagen Drinks Market by End User in 2020, thereby, growing at a CAGR of 16.1% during the forecast period. Female consumers have a high demand for collagen drinks as it alleviates joint pain and enhances skin health. Owing to the increase in the beauty-conscious female population, there has been a substantial demand for beauty drinks across the world, which would fuel the growth of the segment.
The Supermarkets/Hypermarkets market dominated the Global Collagen Drinks Market by Distribution Channel in 2020 thereby growing at a CAGR of 16.1% during the forecast period. Pharmacies sell authentic and licensed products only. In addition, Collagen is a supplement and can be brought through a doctor’s prescription or independently, due to this reliance on pharmacies for authentic and original products, hence, the growth of the segment would surge over the forecast period.
The Glass Bottle market dominated the Global Collagen Drinks Market by Packaging Type in 2020, thereby growing at a CAGR of 16.2% during the forecast period. Glass bottles are recyclable, refillable and reusable and with no loss in purity or quality of the product inside. This makes it the ideal choice for containers and hence leads the growth of the segment.
The Europe market dominated the Global Collagen Drinks Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $197.00 million by 2027. The North America market is expected to witness a CAGR of 15.5% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 18% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/collagen-drinks-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amorepacific Corporation, Asterism Healthcare Group, ATP Science Pty Ltd., Hangzhou Nutrition Biotechnology Co., Ltd., Heivy, Kino Biotech Co., Ltd. (Kinohimitsu), TCI Co., Ltd., Shiseido Company, Limited, Welbloom Bio Co., Ltd., and Wolfson Holdco Limited (Bauer Nutrition).
By End User
By Distribution Channel
By Packaging Type
By Geography
Companies Profiled
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