Press release
Plant Collagen Market Insights: 2023, Development Demand, Industry Growth, and Business Strategies to 2030 | Geltor, Vital Proteins, Aethic, Vegan Collagen Co.
The global Plant Collagen market size was valued at US$ 6.46 billion in 2023 and is expected to reach US$ 11.44 billion by 2030, grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:
Plant collagen is extracted from plant sources such as E.coli, rice, soya and maize. It is used in nutraceuticals, food & beverages and cosmetics industries due its benefits over animal origin collagen.
Market Dynamics:
The global plant collagen market is witnessing significant growth, owing to growing adoption from nutraceuticals application. Plant collagen peptides are increasingly being used in supplements and functional foods & beverages for its ability to hydrate and firm the skin. Furthermore, increasing vegan population is shifting towards plant-based alternatives to animal-derived products, driving the demand for plant collagen. Consumers growing health-consciousness and their focus on adopting preventive healthcare approach is escalating the development of nutraceutical supplements containing plant collagen peptides. The aforementioned factors are expected to fuel the market growth over the forecast period.
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Top Companies Covered In This Report:
★ Geltor
★ Vital Proteins
★ Aethic
★ Vegan Collagen Co.
★ Forestwise
★ The Beauty Chef
★ Neocell
★ Amazing Grass
★ Sunwarrior
★ Garden of Life
★ Sports Research
★ Youtheory
★ Organika
★ Olaplex
★ Purisure
Detailed Segmentation:
By Product Type:
★ Powder
★ Liquid
★ Capsules
★ Others
By Source:
★ Soy
★ Wheat
★ Rice
★ Pea
★ Mushroom
★ Others
By Applications:
★ Food and Beverages
★ Cosmetics and Personal Care
★ Pharmaceuticals
★ Nutraceuticals
★ Others
By Functionality:
★ Anti-aging
★ Moisturizing
★ Firming and Tightening
★ Skin Brightening
★ Wrinkle Reduction
★ Others
Key Region/Countries are Classified as Follows:
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Plant collagen market drivers: Rising demand for sustainable and plant-based alternatives to animal-derived collagen
The global plant collagen market is witnessing significant growth due to the rising demand for sustainable and plant-based alternatives to traditional animal-derived collagen. Animal collagen extraction requires killing animals and has ethical issues associated with it. This is driving consumers towards more plant-based and vegan options. Furthermore, some consumers avoid animal products and by-products due to allergies, lifestyle choices or religious beliefs. Plant collagens are suitable for these consumers. Plant collagen also has the advantage that it has lower production costs compared to animal collagen extraction which requires investment in livestock rearing and slaughterhouses. Brands are launching more innovative plant collagen products to cater to the rising consumer demand.
Plant collagen market drivers: Increasing health and wellness trend driving the focus on collagen supplements
The global wellness industry is witnessing strong growth driven by increasing health and wellness awareness among consumers. More people are incorporating collagen supplements, peptides and products into their routine as collagen is known to support skin, hair, nail, bone and joint health. As collagen levels naturally deplete with age, supplements help maintain collagen homeostasis. This growing focus on health, nutrition, anti-aging and beauty from within is benefiting the plant collagen market. Brands are educating consumers about the various health benefits of collagen through marketing campaigns. The easy availability of collagen products online and in stores is also fueling their uptake.
Plant collagen market restrain: Technical challenges associated with producing plant collagen at commercial scale
While plant-derived collagens solve the ethical issues of animal collagen, reproducing the same functional and structural characteristics of collagen from plant sources at large commercial scales remains technically challenging. Current extraction and purification techniques do not allow isolating the exact amino acid sequences and structures found in animal collagen. This poses limitations in product development where high structural integrity is important, such as for medical uses. High costs involved in research and development to enhance production techniques continues to hamper the larger adoption of plant collagens. However, continued investments in lab-grown and fermentation-based technologies could help address these limitations in the upcoming years.
Plant collagen market opportunity: Scope for new product innovation leveraging unique properties of different plant sources
The variety of plant sources available to derive collagen presents an opportunity for product innovation. Different plant types such as rice, corn, cotton, soy, oranges etc. yield collagens with unique molecular structures, properties, expression levels and amino acid sequences. Leveraging this diversity, companies can develop targeted product categories with customized formulations and attributes. For example, rice collagen with smaller molecular weight may be suitable where enhanced absorption is needed. Meanwhile cotton collagen's fiber-like structure could be beneficial in applications like textiles, fabrics etc. Partnering with research institutes can help optimize extraction protocols. Novel delivery forms like beauty supplements, beverages also have scope. This presents an avenue to capture new customer segments and markets with plant collagens.
Plant collagen market trend: Rising popularity of clean label and organic plant collagen products
Today's consumers closely scrutinize product labels and seek transparency. There is tremendous demand for clean label personal care and food products made from recognizable, natural and organic ingredients, without artificial or synthetic additives. This clean label trend extends to plant collagens, with shoppers gravitating towards options free from preservatives, chemicals and GMOs. Companies catering to this segment are using fair trade, sustainable and 100% organic certified agricultural raw materials for extraction. They market their products as chemical-free, natural and organic plant collagen peptides. The image of being a transparent, naturally-derived ingredient aligns well with consumers' rising focus on well-being. This leaves scope for growth of small, artisanal brands providing products in this clean plant collagen niche with health-positive positioning.
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Key Questions Answered in This Report on Plant Collagen Market
• How much revenue will the global Plant Collagen Market generate by the end of the forecast period?
• What regions currently contribute the maximum share to the overall global market?
• What are the indicators expected to drive the global Plant Collagen Market?
• Which region is likely to be a lucrative market during the forecast period?
• What are the essential strategies incorporated by key stakeholders in the global Market to expand their geographical presence?
• What are the major advancements witnessed in the global Plant Collagen Market?
• This report answers these questions and more about the global Market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.
Table Of Content
Chapter No. 1 Introduction
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. USP & Key Offerings
1.2. Key Benefits for Stakeholders
1.3. Target Audience
1.4. Report Scope
Chapter No. 2 Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.1.1.1. Market Attractiveness Analysis, By Type
2.1.1.2. Market Attractiveness Analysis, By End Use
2.1.1.3. Market Attractiveness Analysis, By Region
2.2. Market Snapshot
2.3. Global Plant Collagen Market, 2018 - 2022 (US$ Million)
2.4. Insights from Primary Respondents
Chapter No. 3 COVID-19 Impact Analysis
3.1. Impact Assessment of COVID-19 Pandemic, By Region
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. The Middle-East and Africa
Contact Us:
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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