Magadh Chronicle

    

According to Arizton’s latest research report, the global plant-based collagen supplements market is growing at a CAGR of 9.21% during 2024-2030.

       

To Know More, Click: https://www.focusreports.store/report/plant-based-collagen-supplements-market-report

      

Report Summary        

Market Size (2030): $274.65 Million

Market Size (2024): $161.87 Million   

CAGR (2024-2030): 9.21%   

Historic Year: 2021-2023   

Base Year: 2024

Forecast Year: 2025-2030   

Market Segmentation: Source, Form, Application, Distribution Channel, & Geography

 

The global plant-based collagen supplements market is experiencing strong growth, driven by factors such as increasing consumer awareness, product innovation, advancements in biotechnology, and the rise of veganism. The adoption of these supplements, especially among athletes and sports enthusiasts, is further fueling market expansion. Post-pandemic, the demand for plant-based collagen has surged as consumers become more focused on health and wellness, despite supply chain disruptions during the pandemic.

Consumers are increasingly seeking high-quality, naturally sourced collagen supplements, prompting manufacturers to innovate and meet these evolving preferences. Companies are also educating consumers on the benefits of plant-based collagen, which is expanding the market reach.

North America and Europe lead the market, while emerging countries in the Asia-Pacific region are contributing significantly to growth. The market is expected to continue expanding robustly throughout the forecast period.

 

New Product Development

• In 2024, Darling Ingredients’ one of the brands of Rousselot, the global leader of collagen-based solutions, launched a platform of collagen peptide compositions called “Nextida”. Nextida is set to transform the landscape of natural wellness and health products.
• In 2024, Evonik Industries AG, one of the world leaders in specialty chemicals, launched, Vecollage Fortify L. It is a biotech-based vegan collagen ingredient for the personal care and beauty industry. It is used for various applications such as anti-aging and hydrating creams.

 

Dominance of Vegan Collagen Supplements Market

The vegan collagen supplements market is leading the global plant-based collagen supplements market due to their nutrient-rich and natural profile. Consumers increasingly view vegetables as a safe and healthy source of collagen. The antioxidants, minerals, and vitamins in vegetables, such as Vitamin C, play a crucial role in collagen synthesis.

Technological advancements and a growing demand for ethically sourced, vegetable-based collagen are driving the popularity of this segment. Consumers are also seeking whole-food-based and clean-label supplements, which further boosts the demand for vegetable-derived collagen. Innovations in processing and extraction techniques enhance the bioavailability of compounds from vegetables, contributing to market growth.

The ease of sourcing and the wide variety of available vegetables solidify their position as a dominant segment in the plant-based collagen market. Ongoing research and development in vegetable-based collagen are expected to accelerate market growth during the forecast period. Leafy green vegetables, rich in chlorophyll, provide antioxidant properties that can promote collagen production in the body, further supporting the segment’s expansion.

 

Offline Distribution Channels Lead the Plant-Based Collagen Supplements Market

Offline distribution channels, particularly supermarkets and hypermarkets, dominate the global plant-based collagen supplements market. These retail platforms offer a wide variety of plant-based collagen products, with Europe and North America leading in the number of supermarkets and hypermarkets. In December 2023, retail sales in the US grew by 5.6%, and Aldi’s plant-based food sales surged by 500% in January 2022, compared to the previous year.

Supermarkets and hypermarkets provide advantages such as expert advice, a tangible shopping experience, immediate gratification, product discovery, and impulse purchases, making them ideal for selling plant-based collagen supplements. The rising popularity of physical fitness activities is also contributing to increased demand for collagen from fitness centers and gyms.

Specialty stores are gaining traction due to the growing demand for nutritional, health-focused products. As consumers become more health-conscious, the demand for plant-based collagen supplements is rising, driving market growth. Pharmacies are positioning themselves as key distributors for plant-based collagen, given their association with health and wellness products. These stores are perceived as high-quality outlets, catering to health-conscious consumers seeking natural supplements, and partnerships with pharmacy chains are likely to increase as vendors look to showcase their products in these settings.

 

APAC to Witness the Fastest Growth Rate

The APAC plant-based collagen supplements market is growing rapidly. Major markets in the region include China, India, Japan, and South Korea. China is a key contributor, fueled by a strong focus on health and wellness and beauty trends. India, with its significant vegetarian population, is the fastest-growing market in APAC, driven by rising health awareness. Japan, a more mature market, places a strong emphasis on innovation and product quality.

While the APAC region presents significant growth opportunities, it also faces challenges, including low consumer awareness about the benefits and long-term effectiveness of plant-based collagen. Educating consumers is crucial for expanding the market. The competitive landscape is intensifying, with both international and domestic companies focusing on innovation and developing new product variants to stay ahead.

 

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Segmentation & Forecasts

Source

• Vegetables
• Fruits
• Others

Form

• Powdered
• Non-Powdered

Application

• Skin Health
• Bone & Joint Health
• Hair & Nail Health
• Others

Distribution Channel

• Offline
• Online

Geography

North America

• The US
• Canada

Europe

• Germany
• The UK
• France
• Italy
• Spain

APAC

• China
• India
• Japan
• South Korea

Latin America

• Brazil
• Mexico

Middle East & Africa

• South Africa
• Turkey
• Saudi Arabia

 

Key Vendors

• Ancient+Brave
• Darling International Inc.
• Evonik Industries AG
• Sunwarrior LLC.
• Unilever
• Earth & Elle
• Vegan Vitality UK,
• Revive Collagen
• Ming Chyi Biotechnology Ltd.
• Igennus Healthcare Nutrition
• The Healing Company
• Raw Beauty Lab
• INLIFE Pharma Private Limited
• Vaastavik
• Vlado’s Himalayan Organics
• Plantigo
• VedaPure Naturals
• Panchamrit
• NatureAlly
• Vegetology
• organifi
• BUBS Naturals
• wellbeing nutrition
• Rooted Active Naturals
• Miduty
• U Perform
• Cytoplan Ltd
• Protein, S.A.
• Herbal Max

  

Key Questions Answered in the Report:       

How big is the global plant-based collagen supplement market?

Which form segment provides more business opportunities in the global plant-based collagen supplement market?

Which region holds the largest share in the global plant-based collagen supplement market?

 

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