The global plant-based collagen sector is expected to be valued at USD 6.6 billion in 2024 and is projected to grow to USD 11.9 billion by 2034, with a compound annual growth rate (CAGR) of 8% throughout the period from 2024 to 2034.
Plant based collagen market is the rising demand for sustainable beauty solutions. Consumers are increasingly opting for plant-based alternatives to traditional animal-derived collagen, driven by concerns over animal welfare and environmental impact. Plant-based collagen offers a cruelty-free option that appeals to eco-conscious consumers seeking effective skincare and wellness products without compromising on ethical values.
Plant-based collagen market lies in its expansion into functional food and beverage applications. With increasing awareness of the benefits of collagen for joint health, skin elasticity, and overall well-being, there is growing interest in incorporating plant-based collagen into dietary supplements, beverages, and functional foods. This diversification presents manufacturers with opportunities to cater to health-conscious consumers seeking convenient and nutritionally enhanced products.
Despite its growth potential, the plant-based collagen market faces challenges related to regulatory frameworks and ingredient standardization. Regulatory complexities across different regions hinder market expansion, requiring manufacturers to navigate varying approval processes and compliance standards. Moreover, ensuring consistent quality and efficacy of plant-based collagen ingredients remains a challenge, impacting consumer trust and adoption
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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.
- Based on the end-use industry, the food and beverage segment is expected to dominate the plant based collagen industry with a 28.6% market share in 2024 however
Competitive Landscape
Leading companies like Unived, SMPNutra, Olena Health, OZiva, and SENIORITY.IN are enhancing their collagen product lines to cater to various sectors, including food and beverages, pharmaceuticals, personal healthcare, and more.
These manufacturers are primarily concentrating on obtaining certifications, validating claims, and introducing new products to the market.
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.
- In June 2021, Geltor launched an edible plant-based collagen product under the PrimaColl brand
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
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Key Segments of Market Report
By Sources:
As per Sources, 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:
This segment is further categorized into Drink, Powder, Gummies and Others
By End-use Industry:
Different end-use Food and Beverage, Pharmaceutical, Healthcare, and Others
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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