Global Plant-Based Collagen Supplement Market, By Product Type (Gelatin, Hydrolyzed Collagen, Native Collagen), Source (Hemp, Soy, Pea Protein, Others), Application (Food and Beverages, Pharmaceutical and Healthcare, Others) – Industry Trends and Forecast to 2030.
Plant-Based Collagen Supplement Market Analysis and Size
Vegan food products are progressively being added to the diets of flexitarians who want to reduce their intake of animal-based foods owing to ethical considerations. Plant-based collagen supplement is in high demand owing to the increasing need for safer, organic and healthier supplement alternatives to animal-based products. Also, the high adoption rate of these supplements due to their health benefits such as LDL, diabetes, blood pressure, low risk of heart disease and cancer will influence the growth of the plant-based collagen supplement market during the forecast period.
Data Bridge Market Research analyses that the plant-based collagen supplement market was valued at USD 5.49 billion in 2022 and is expected to reach USD 10.16 billion by 2030, registering a CAGR of 8.00% during the forecast period of 2023 to 2030. 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.
Plant-Based Collagen Supplement Market Scope and 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 Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Gelatin, Hydrolyzed Collagen, Native Collagen), Source (Hemp, Soy, Pea Protein, Others), Application (Food and Beverages, Pharmaceutical and Healthcare, Others)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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OZiva (India), SENIORITY.IN (India), Nitta Gelatin Inc. (Japan), Unived (U.S.), SMPNutra (U.S.), Raw Beauty Lab (U.K.), Titan Biotech (India), Smartnutras International, LLC (U.S.), Rejuvenated, (U.S.) Nutricore Biosciences Private Limited (India), Amway Europe (U.K.), Chaitanya Biologicals Pvt. Ltd (India), PlantFusion (U.S.)
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Market Opportunities
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Market Definition
Plant-based collagen supplement also spelled as kefier or kephir, a fermented milk drink similar to a thin yogurt made from plant-based collagen supplement grains. Plant-based collagen supplement grain is a specific type of mesophilic symbiotic culture. People make it by adding yeast and bacteria cultures to milk. This enables them to multiply and creating a fermented drink. Plant-based collagen supplement has a tangy and tart flavor and a constancy similar to drinkable yogurt.
Plant-Based Collagen Supplement Market Dynamics
Drivers
- Rising demand of plant-based collagen supplement due to multiple health benefits
The demand for the plant-based collagen supplement increases because of numerous health benefits associated with the consumption of plant-based collagen, which are anticipated to drive market growth during the forecast period. Plant-based collagen supplements can help to improve skin moisture and elasticity. These are mainly taken by consumers to lessen wrinkles. These supplements increase the natural production of collagen in body and improve joints and digestive health.
- Rapidly increasing obese population
The rapidly rising obese population is considerably contributing to the growth of the plant-based collagen supplement market. Obesity is a dangerous disease which leads to an high amount of body fat. It is a major medical problem that surges the risk of other health problems and diseases, such as diabetes, heart disease and high blood pressure. Plant-based collagen supplement may increases satiety and feeling of fullness. This could help to manage number of calories consumed in a day and weight by reducing hunger.
Opportunities
- Growing geriatric population
Increasing aging population is one of the major factors that will create immense and ample opportunities for market growth in the forecast period. Collagen levels decrease after the age of 40 years in the human body, thus affecting the joint health and hair and nail growth and causing osteoarthritis among the ageing population. Plant-based collagen supplements aid in increasing collagen levels in the human body. The U.S. is considered to be one of the major markets for plant-based collagen supplement because 15% of the population is over the age of 65 years in the U.S. As a result of low protein diets and poor eating habits, demand for plant-based collagen supplements is expected to grow in upcoming years.
Restraints/ Challenges
- Presence of alternatives and stringent regulations and norms
The availability of an extensive range of low priced synthetic supplements compared to plant-based collagen supplements is anticipated to obstruct the growth of the plant-based collagen supplement market. Moreover, implementation of stringent rules and regulations in some regions regarding the usage of plant-based collagen supplement is projected to challenge the market growth in the forecast period of 2023-2030.
This plant-based collagen supplement market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the plant-based collagen supplement market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Plant-Based Collagen Supplement Market Scope
The plant-based collagen supplement market is segmented on the basis product type, source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Gelatin
- Hydrolyzed Collagen
- Native Collagen
Source
- Hemp
- Soy
- Pea Protein
- Others
Application
- Food and Beverages
- Pharmaceutical and Healthcare
- Others
Plant-Based Collagen Supplement Market Regional Analysis/Insights
The plant-based collagen supplement market is analyzed and market size insights and trends are provided by country, product type, source and application as referenced above.
The countries covered in the plant-based collagen supplement market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the plant-based collagen supplement market in terms of revenue and market share due to the growth of numerous end-user industries such as cosmetics, healthcare and food and beverage. Furthermore, increasing awareness regarding vegan diet couples with shifting trend towards vegetarianism will expected to enhance the market growth in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the rise in expenditure for the development of natural ingredients. Also, high investments in R&D activities to form collagen-based products will expected to enhance the market growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plant-Based Collagen Supplement Market Share Analysis
The plant-based collagen supplement market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to plant-based collagen supplement market.
Some of the major players operating in the plant-based collagen supplement market are:
- OZiva (India)
- SENIORITY.IN (India)
- Nitta Gelatin Inc. (Japan)
- Unived (U.S.)
- SMPNutra (U.S.)
- Raw Beauty Lab (U.K.)
- Titan Biotech (India)
- Smartnutras International, LLC (U.S.)
- Rejuvenated (U.S.)
- Nutricore Biosciences Private Limited (India)
- Amway Europe (U.K.)
- Chaitanya Biologicals Pvt. Ltd (India)
- PlantFusion (U.S.)
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