The global vegan collagen market is experiencing significant growth due to various factors. The increasing demand for plant-based and cruelty-free products, driven by the rise in vegan and vegetarian lifestyles, is one of the primary drivers. Health and wellness trends, along with concerns about the environmental impact of animal agriculture, have also contributed to the market's expansion. Additionally, influencer and celebrity endorsements have further boosted awareness and demand. Overall, the global vegan collagen market is witnessing growth as consumers seek sustainable and plant-based alternatives in the collagen industry.
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Data Bridge Market Research analyses that the Vegan Collagen Market is expected to reach USD 3,359.66 million by 2030 growing at a CAGR of 25.2% in the forecast period of 2023 to 2030. Increasing awareness and adoption of vegan and cruelty-free lifestyles are driving the demand for vegan collagen. Consumers are seeking plant-based alternatives to animal-derived collagen, creating a market for vegan collagen products.
Key Findings of the Study
Increasing demand for plant-based products and technological advancements in collagen production are expected to drive the market's growth rate
The increasing demand for plant-based products, driven by consumer preferences for ethical and sustainable choices, is a key driver for the vegan collagen market. As more individuals adopt vegan or vegetarian lifestyles, they seek collagen alternatives derived from plant sources to align with their values. Vegan collagen, typically sourced from plants like seaweed or fruits, offers a cruelty-free and sustainable option that meets the demand of this growing consumer segment seeking plant-based collagen alternatives.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Liquid Solutions, Serums, Gummies, Capsules, Soft Gels, Tablets, Powder, Drink Premixes, and Others), Target Health Application (Beauty Products, Memory Boost Products, Inflammation Reducing Product, Wound Healing Product, and Others), Category (Conventional and Organic), Packaging Type (Bottles, Small Jar, Cardboard Boxes, and Pouches), Distribution Channel (Store-Based Retailers and Non-Store Based Retailers)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Garden of Life (U.S.), Ancient+Brave (U.K.), Vital Proteins LLC (U.S.), Vegan Vitality UK (U.K.), Igennus Healthcare Nutrition (U.K.), Sunwarrior LLC (U.S.), Alpha Foods BV (Netherlands), Comfort Click Ltd (U.K.), Time Health (U.K.), HERBALAND USA (U.S.), Moon Juice (U.S.), SUMMER SALT BODY (Australia), OZiva (India), Pacifica Beauty LLC (U.S.), STARPOWA UK (U.K.), Twinlab Consolidated (U.S.), The Bainbridge Group trading as Raw Beauty Lab (U.K.), Geltor (U.S.), Future Kind (U.S.), Algenist (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The vegan collagen market is segmented on the basis of product type, target health application, category, packaging type, and distribution channel.
- On the basis of product type, the global vegan collagen market is segmented into liquid solutions, serums, gummies, capsules, soft gels, tablets, powder, drink premixes, and others. In 2023, the powder segment is expected to dominate the vegan collagen market with a CAGR of 175.69% in the forecast period of 2023 to 2030 due to easily mixing into beverages, smoothies, or food recipes. It provides flexibility in adjusting the dosage according to individual needs.
In 2023, the powder segment is expected to dominate the product type of the vegan collagen market
In 2023, the powder segment is expected to dominate the vegan collagen market owing to the easily incorporated into drinks, smoothies, or culinary creations. It gives you the freedom to change the dosage to suit your needs with a CAGR of 175.69% in the forecast period of 2023 to 2030.
- On the basis of target health application, the global vegan collagen market is segmented into beauty products, memory boost products, inflammation-reducing products, wound healing products, and others (if any). The beauty products segment is expected to dominate the vegan collagen market with a CAGR of 28.0% in the forecast period of 2023 to 2030 due to skin health, reducing the appearance of wrinkles, and improving overall skin elasticity.
- On the basis of category, the global vegan collagen market is segmented into organic products and conventional products. In 2023, the organic segment is expected to dominate the vegan collagen market with a CAGR of 26.0% in the forecast period of 2023 to 2030 due to increasing consumer demand for healthier and environmentally friendly options. The preference for organic ingredients, sustainable practices, and avoidance of synthetic chemicals drive the dominance of the organic segment in the market.
- On the basis of packaging type, the global vegan collagen market is segmented into bottles, small jars, cardboard boxes, and pouches. In 2023, the bottles segment is expected to dominate the vegan collagen market with a CAGR of 28.0% in the forecast period of 2023 to 2030 due to their versatility, durability, and ability to preserve product quality and freshness effectively.
In 2023, the bottles segment is expected to dominate the packaging type of the vegan collagen market
In 2023, the bottles segment is expected to dominate the packaging type of the Vegan Collagen market owing to their versatility, convenience, and wide range of applications. They provide excellent product protection, and ease of handling, and offer various sizes and shapes to cater to diverse packaging needs in industries such as beverages, personal care, pharmaceuticals, and more with a CAGR of 28.0% in the forecast period of 2023 to 2030
- On the basis of distribution channel, the global vegan collagen market is segmented into Store-based retailers and non- store retailers. In 2023, the non-store retailer segment is expected to dominate the vegan collagen market with a CAGR of 26.4% in the forecast period of 2023 to 2030 due to online retailers, e-commerce platforms, direct selling, and other non-physical retail channels. Non-store-based retailers offer the convenience of online shopping, providing customers with a wide range of vegan collagen products to choose from, often at competitive prices.
Major Players
Data Bridge Market Research recognizes the following companies as the major vegan collagen market players in vegan collagen market are Garden of Life (U.S.), Ancient+Brave (U.K.), Vital Proteins LLC (U.S.), Vegan Vitality UK (U.K.), Igennus Healthcare Nutrition (U.K.), Sunwarrior LLC (U.S.), Alpha Foods BV (Netherlands), Comfort Click Ltd (U.K.), Time Health (U.K.), HERBALAND USA (U.S.)
Market Development
- In 2022, A "revolutionary" vegan substitute for animal collagen supplements was created by Belgian startup VeCollal for use in nutraceuticals and functional foods. Through an in vitro study, VeCollal, which was created in collaboration with TCI, was shown to increase collagen secretion by 134.97% and to encourage the body's fibroblast cells to produce collagen.
- In 2022, Adding a vegan option to its lineup, Revive Collagen, the top-selling premium liquid collagen supplement company in Europe, raised the bar for ready-to-drink collagen supplements.
- In 2022, Pacifica Beauty announced a strategic investment from Brentwood Associates, a growth-focused middle market private equity investment firm. Together they will accelerate the company's growth and awareness of its high-quality, purpose-driven products
- In 2021, Algenist, the market leader in plant-based, 100% vegan, high-performance skincare products that deliver 10-day visible results, announced a strategic research and development agreement with Checkerspot, a materials innovation company focused on advanced microalgae-derived materials and ingredients.
Regional Analysis
Geographically, the countries covered in the vegan collagen market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is expected to dominate the vegan collagen market during the forecast period 2023-2030
North America is projected to dominate the global vegan collagen market in terms of market share and revenue. This dominance is attributed to several factors, including the presence of strong market players in the region, high consumer awareness and demand for vegan collagen products, and the growing popularity of plant-based lifestyles. Additionally, North America benefits from a well-developed retail infrastructure and a proactive approach to health and wellness trends, which further supports its dominance in the vegan collagen market.
For more detailed information about the vegan collagen market report, click here – https://www.databridgemarketresearch.com/es/reports/global-vegan-collagen-market
