COLLAGEN SUPPLEMENTS MARKET ANALYSIS

The high prices of collagen supplements are placing significant restraints on the expansion of the collagen supplements market. Collagen supplements are generally expensive due to the costs associated with extracting collagen from animal sources and processing it into powder or capsule form. Pure collagen peptides from beef or fish typically retail for over US$20-30 per container which lasts less than a month. Some premium brands with added vitamins and minerals can cost upwards of US$50-60 per monthly supply. This high recurring expense deters many potential customers from regularly consuming collagen supplements and relying on them as a dietary source of collagen.

Market Opportunities: Untapped markets in developing countries

Untapped markets in developing countries provide significant growth opportunities for collagen supplements manufacturers. Population growth and increasing health awareness are two major drivers propelling the demand for collagen peptides in countries like India, Brazil, Indonesia and others.