Plant-Based Collagen Market to Reach USD 11.9 Billion by 2034, Driven by Sustainable Beauty and Functional Nutrition Trends

The global plant-based collagen market is projected to grow significantly, with an estimated market valuation of USD 6.6 billion in 2024, expanding at a CAGR of 8% to reach USD 11.9 billion by 2034.

A key driver of this market growth is the increasing demand for sustainable beauty solutions. Consumers are shifting toward plant-based alternatives to traditional animal-derived collagen due to concerns about animal welfare and environmental impact. This shift has fueled the demand for cruelty-free, plant-based collagen products that align with eco-conscious values while delivering effective skincare and wellness benefits.

Beyond beauty and skincare, the expansion into functional food and beverages presents lucrative opportunities for market players. Growing consumer awareness of collagen's role in joint health, skin elasticity, and overall well-being has led to rising demand for plant-based collagen in dietary supplements, functional foods, and beverages. This diversification enables manufacturers to cater to health-conscious consumers seeking convenient and nutritionally enriched products.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐨𝐝𝐚𝐲! https://www.futuremarketinsights.com/report-sample#5245502d47422d3134383330

However, despite strong growth prospects, the plant-based collagen market faces challenges related to regulatory complexities and ingredient standardization. Varying approval processes across different regions create hurdles for market expansion, requiring manufacturers to navigate diverse compliance standards. Additionally, ensuring the consistent quality and efficacy of plant-based collagen ingredients remains a challenge, influencing consumer trust and market adoption.

"The plant-based collagen market is poised for substantial growth driven by increasing consumer preference for sustainable and cruelty-free beauty products. Regulatory challenges remain a barrier, but expanding into functional foods presents a promising opportunity." - says Nandini Roy Choudhury, Client Partner at Future Market Insights

𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐩𝐥𝐚𝐧𝐭 𝐛𝐚𝐬𝐞𝐝 𝐜𝐨𝐥𝐥𝐚𝐠𝐞𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐭𝐮𝐝𝐲:
• The plant based collagen market is projected to grow at a CAGR of 8% during the forecast period (2024-2034)
• The United States plant based collagen is expected to grow by 28.5% to reach a market share during the forecast period.
• The global Plant-Based Collagen Market is projected to witness substantial growth between 2024 and 2034, driven by increasing consumer preference for vegan and cruelty-free beauty and wellness products.
• The market is fueled by growing awareness of health benefits associated with plant-based collagen sources, including skin health, joint support, and anti-aging effects.
• North America and Europe are dominant regions due to the strong presence of vegan dietary trends and well-established cosmetic industries.
• Key players are focusing on innovation, product launches, and strategic partnerships to expand their market share.
• The rise of plant-based alternatives to animal-derived collagen is shaping the future of the skincare, cosmetics, and nutraceutical industries.

𝐖𝐡𝐨 𝐢𝐬 𝐰𝐢𝐧𝐧𝐢𝐧𝐠?
Leading companies such as Unived, SMPNutra, Olena Health, OZiva, and SENIORITY.IN, Rejuvenated collagen products tailored for diverse applications in food and beverages, pharmaceuticals, personal healthcare, and others.
Manufacturers are mainly focused on certification and claims and launching new products

For Instance,
In June 2024, Hemp Foods Australia launched its first beauty-from-within a vegan collagen product for hair, skin, and nails to help fill the gap for plant-based options.

𝐏𝐥𝐚𝐧𝐭 𝐁𝐚𝐬𝐞𝐝 𝐚𝐧𝐝 𝐕𝐞𝐠𝐚𝐧 𝐅𝐨𝐨𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.futuremarketinsights.com/industry-analysis/plant-based-and-vegan-food

𝐏𝐥𝐚𝐧𝐭 𝐁𝐚𝐬𝐞𝐝 𝐂𝐨𝐥𝐥𝐚𝐠𝐞𝐧 𝐁𝐫𝐚𝐧𝐝𝐬
• Unived
• SMPNutra
• Olena Health
• OZiva
• SENIORITY
• Rejuvenated
• Raw Beauty Lab
• NUTRICORE BIOSCIENCES PVT
• HealthKart
• Your Super
• PlantFusion
• Nutricore Biosciences Private Limited
• Others

𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.futuremarketinsights.com/reports/plant-based-collagen-market

Get valuable insights into the Plant Based Collagens Market:
Future Market Insights, in its new offering, provides a thorough, detailed, and unbiased analysis of the Plant Based Collagen market, presenting Historical Demand data for the years 2019-2023 and Forecast statistics for the years 2024-2034.

The study categorizes valuable insights into the Plant Based Collagen market based on Source, Form, End-use Industry, and Region. As per source, the segment has been categorized into, Black Beans, Soy, Kidney Beans, Pumpkin Seeds, Squash Seeds, Sunflower Seeds, Chia Seeds, Pistachio, Peanut, Cashew, and Others, by form Drink, Powder and Others also by end-use industry segment characterized into Food and Beverage, Pharmaceutical, Healthcare, and Others key Regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

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This release was published on openPR.