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PLANT COLLAGEN MARKET ANALYSIS

Plant Collagen Market, By Source (Soy, Wheat, Rice, Pea, Mushroom, and Others), By Product Type (Powder, Liquid, Capsules, and Others), By Application (Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Nutraceuticals, and Others), By Functionality (Anti-aging, Moisturizing, Firming and Tightening, Skin Brightening, Wrinkle Reduction, and Others), By Distribution Channel(Online Retail and Offline Retail), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Nov 2023
  • Code : CMI6016
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Plant Collagen MarketSize and Trends

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, growing at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030.

Plant-based collagen alternatives are typically derived from natural plant sources that are rich in amino acids, which are the building blocks of collagen. These sources may include fruits, vegetables, legumes, and algae. While plant-based collagen alternatives do not contain collagen itself, they often contain ingredients that help boost collagen production in the body or provide similar benefits to collagen, such as improving skin’s elasticity and promoting joint health.

Plant Collagen Market Trends:

  • Rise in Conscious Consumerism: Consumers are increasingly conscious of the products they purchase and their impact on personal health, the environment, and animal welfare. This trend has fueled the demand for plant collagen as a cruelty-free and sustainable alternative to animal-derived collagen.
  • Growing Popularity of Vegan and Vegetarian Lifestyles: The adoption of vegan and vegetarian lifestyles has been steadily increasing worldwide. As a result, there is a growing demand for plant-based alternatives across various industries including collagen products. Plant collagen offers a viable option for individuals following these dietary choices.
  • Focus on Natural and Clean Beauty: The beauty and personal care industry has experienced a shift towards natural and clean beauty products. Plant collagen aligns with this trend as a plant-based ingredient that offers skincare benefits without the use of synthetic or animal-derived ingredients. Consumers are seeking plant collagen-infused products for their skincare routines.
  • Expansion of Plant Sources: The development and exploration of new plant sources with collagen-boosting properties have gained momentum. Companies are researching and utilizing plant extracts from sources, such as fruits, vegetables, legumes, and algae, to create innovative plant collagen alternatives.
  • Integration of Plant Collagen in Functional Foods and Beverages: Plant collagen is increasingly being incorporated into functional food and beverage products. Manufacturers are developing collagen-enhanced snacks, drinks, and supplements to meet the demand for convenient and functional options that support collagen production and overall health.

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