
Vegan Collagen Market By Type (Serum, Capsules, Powder, Tablets, and Others), By Application (Beauty Products, Heal Wounds, Reduce Inflammation, And Other), By Distribution Channel (Store-based Retailers, Non-Store based Retailers), By Region And Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, And Forecast 2023-2032
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June 2023
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Report Overview
The Vegan Collagen Market size is expected to be worth around USD 4735.5 Mn by 2032 from USD 563.5 Mn in 2022, growing at a CAGR of 24.4% during the forecast period from 2023 to 2032.
In the past few years, the Global Vegan Collagen Market has experienced an unprecedented growth and popularity surge. This increase is attributable to the ever-increasing demand for plant-based alternatives and the growing awareness of the negative environmental and health consequences of animal-derived products. With its unwavering emphasis on plant-based alternatives, the global vegan collagen market is currently revolutionizing the cosmetic and health industries.
Vegan collagen, an ingenious alternative to its traditional animal-derived counterpart, has permeated numerous industries, including cosmetics, food, and beverages. Its rising prominence can be attributed to the numerous benefits it offers. As a vegan-friendly option, vegan collagen is devoid of any animal components, making it appropriate for both vegetarians and vegans. In addition, its eco-friendliness promotes sustainability and ethical cultivation practices.
On the vegan collagen market, unrelenting efforts have been directed toward the creation of more refined, concentrated, bioavailable, and appetizing products. Diverse methods, including plant-based collagen peptides, fermentation techniques, plant-derived proteins, and a variety of extracts, were utilized to accomplish this objective.
Multiple industries, encompassing the realms of food, beverages, nutraceuticals, and cosmetics, have readily incorporated vegan collagen into their portfolio of products and services. A substantial increase in investment in the vegan collagen market is evidence of its anticipated exponential growth trajectory. The upcoming era is predicted to witness a meteoric increase in the vegan collagen market, driven by the rising demand for plant-based alternatives. Vegan collagen has a wide range of applications, including skin care, hair care, protein powders, functional foods, beverages, and dietary supplements.
Vegan collagen has served as a guarantee of openness and accountability due to its inherent capacity to promote ethical agricultural practices, sustainability, and traceability. Given the ethical dilemmas and environmental concerns associated with collagen derived from animals, this commitment is of the utmost importance.
A vast array of cosmetic and beauty products, including moisturizers, serums, cleansers, hair masks, and conditioners, have enthusiastically embraced the incorporation of vegan collagen. This collagen substitute has deftly penetrated the food and beverage industry, manifesting in protein bars, plant-based milk, gummies, and energy drinks, to name a few examples.
Driving Factors
Increasing Demand for Ethical and Cruelty-Free Products
The global vegan collagen market is expanding rapidly due to a number of factors. The increasing demand for plant-based and cruelty-free products is one of the key drivers. Increasing consumer awareness of the ethical implications of consuming animal-derived products has led to a preference for vegan alternatives. This transition in consumer preferences is a factor in the growth of the vegan collagen market.
The Surge in Popularity of Vegan Diets and Lifestyles
Vegan diets and lifestyles are becoming increasingly prevalent, which is a major driver of the vegan collagen market's expansion. A growing emphasis on health consciousness, especially among millennials, prompts individuals to pursue healthier alternatives. As a consequence, an increasing number of individuals are adopting vegan diets and lifestyles, which increases the demand for vegan collagen products.
Impact of Regulatory Changes
Potential regulatory modifications have the ability to affect the global vegan collagen market. If governments enforced stricter regulations on animal agriculture and production, more consumers would gravitate toward vegan options. These regulations could influence consumer behavior and propel the vegan collagen market's expansion.
The Entry of Plant Based Collagen Alternatives
The introduction of additional plant-based collagen alternatives has the potential to disrupt the vegan collagen market's competitive landscape. As the demand for vegan collagen products increases, companies are likely to develop and market new plant-based substitutes. This increased competition may result in product innovation and market expansion.
The Rise of Personalized Nutrition
The rapid expansion of personalized nutrition may have repercussions for the vegan collagen market. As personalized nutrition plans become more prevalent, consumers may pursue skin care regimens and supplements that are tailored to their particular needs. This transition toward individualized solutions has the potential to reshape market dynamics and increase demand for customized vegan collagen products.
Restraining Factors
Limited Availability and Higher Cost of Vegan Collagen Sources
The limited availability and higher price of vegan collagen sources are one of the primary factors restraining the vegan collagen market. While animal-based collagen sources are ubiquitous and easily accessible, vegan sources such as algae, fungi, and plants are scarce and require specialized extraction techniques. As a result, vegan collagen products tend to be more expensive, which can deter consumers in search for inexpensive alternatives.
Potential Variations in Efficacy Compared to Animal-based Collagen
The potential for efficacy differences between vegan collagen and animal-based collagen is a major factor restraining the vegan collagen market. Collagen is a protein that provides skin, bones, and tendons with their structure and elasticity. Animal-based collagen sources have a structure that is more similar to human collagen than vegan collagen sources, which can have an effect on their ability to stimulate collagen production in the human body.
However, extensive research and development, as well as the application of advanced technologies such as biotechnology and nanotechnology, can address this problem. These technologies can aid in the development of vegan collagen sources that are structurally and functionally equivalent to collagen derived from animals.
Consumer Preference for Traditional Collagen Sources
The predilection of consumers for traditional collagen sources is a further factor restraining the vegan collagen market. Many consumers are more familiar with collagen supplements derived from cows, pigs, and fish, and may be reluctant to attempt vegan alternatives. This issue can be addressed, however, through education and awareness campaigns that emphasize the benefits of vegan collagen sources, such as their sustainability, cruelty-free nature, and potential for greater purity and potency due to their extraction methods.
Type Analysis
In recent years, the vegan collagen market has exploded due to increased awareness of the negative effects of animal-derived collagen on human health and the environment. Market segments include capsules, powder, gummies, and liquids, among others. The capsules segment has emerged as the leader in the global vegan collagen market.
Due to their convenience and simplicity of use, the capsules segment has grown in popularity. Due to their precise dosage and portability, consumers favor capsules over other forms of vegan collagen supplements. The capsule segment also accommodates consumers who prefer to consume collagen supplements while on the go. These consumers favor compact and portable options, making the capsules segment their preferred option.
Category Analysis
Organic, non-organic, and other categories have been used to segment the global vegan collagen market. Due to rising awareness of the health benefits of organic products and the deleterious effects of consuming non-organic products, the organic segment dominates the market.
Consumers are becoming increasingly health-conscious and prefer organic products that are free of hazardous chemicals and pesticides. The organic segment caters to these consumers who are willing to pay a premium for products that are considered healthier and safer to ingest. The trend toward organic and natural products is anticipated to contribute to the expansion of the organic segment of the vegan collagen market.
Application Analysis
Based on its applications, the vegan collagen market has been segmented into cosmetic products, food and beverages, dietary supplements, and others. The beauty products segment dominates the market due to the high demand for anti-aging products and the growing awareness of the negative effects of animal-derived collagen on human health and the environment.
The economic growth of emerging economies has led to an increase in disposable income and expenditure on personal care products, such as anti-aging products. Consumers who care about their appearance and are willing to spend money on products that maintain youthful skin make up the beauty products segment.
Due to the growing demand for anti-aging products and the growing awareness of the negative effects of animal-derived collagen on human health and the environment, the beauty products segment of the global vegan collagen market is anticipated to experience the fastest growth rate over the upcoming years. The trend toward natural and vegan products in the beauty care sector is anticipated to contribute to the expansion of the market's beauty products segment.
Distribution Channel Analysis
The global vegan collagen market has been segmented based on its distribution channels, which include store-based retailers, online retailers, and others. The segment of store-based retailers dominates the market due to their greater reach and product availability among consumers.
The economic growth of emerging economies has increased the number of store-based retailers and hypermarkets that cater to the rising demand for consumer products. The segment of store-based retailers caters to consumers who prefer to shop in physical locations and have access to a wider selection of products.
Because they can scrutinize the products prior to making a purchase and have immediate access to the products, consumers prefer purchasing goods from physical stores. The segment of store-based retailers caters to consumers who prefer purchasing products from physical locations and offers a vast selection of vegan collagen-based products.
Key Market Segments
By Type
- Serum
- Capsules
- Powder
- Tablets
- Other Types
By Category
- Organic
- Conventional
By Application
- Beauty Products
- Heal Wounds
- Reduce Inflammation
- Other Applications
By Distribution Channel
- Store-based Retailers
- Non-Store based Retailers
Growth Opportunity
The Development of Innovative and Sustainable Plant Based Collagen Sources
Manufacturers are searching for innovative and sustainable plant-based sources to meet the increasing demand for vegan collagen. Mushrooms, specifically shiitake mushrooms, are one of the most promising sources of vegan collagen. Lentinan, found in high concentrations in Shiitake mushrooms, has been found to stimulate collagen production in the body.
Other plant-based sources of collagen include seaweed, which is rich in collagen-like proteins and amino acids, and legumes, which are abundant in amino acids that facilitate collagen synthesis. The development of these innovative and sustainable plant-based collagen sources is a crucial step in meeting the rising demand for vegan collagen products.
The Expansion of Vegan Beauty and Personal Care Products
Also experiencing rapid growth are vegan cosmetics and personal care products, and this trend is anticipated to continue. As consumers become more aware of what they apply to their epidermis, the demand for natural and vegan products increases. This has led to the creation of numerous vegan cosmetic and personal care products, such as vegan collagen creams, serums, and masks.
Collaboration between Vegan Collagen Manufacturers and Cosmetic Brands
The collaboration between vegan collagen manufacturers and cosmetic firms presents a fantastic opportunity for the vegan collagen market to expand. By collaborating, manufacturers are able to leverage the marketing and distribution channels of cosmetic brands to reach a larger audience. Incorporating vegan collagen into cosmetic products is advantageous, as it appeals to consumers seeking natural and ethical products. This partnership has the potential to enhance the visibility and credibility of vegan collagen products, thereby driving market expansion.
Education and Awareness Campaigns Highlighting the Benefits of Vegan Collagen
Lastly, education and awareness campaigns are crucial to the expansion of the vegan collagen market. As with any new product or trend, consumers must be informed of the advantages of vegan collagen. This can be accomplished via social media campaigns, influencer marketing, and educational resources. By emphasizing the benefits of vegan collagen, such as its ability to stimulate collagen production, improve skin elasticity, and reduce the appearance of fine lines and wrinkles, manufacturers can increase product awareness and demand.
Latest Trends
The Introduction of Vegan Collagen Supplements and Topical Products
The demand for plant-based collagen supplements and topical products is increasing as veganism gains popularity. The market is saturated with collagen supplements derived from animal sources that are not vegan, but vegan consumers have no interest in consuming animal products. Vegan collagen is derived from plant sources that replicate the beneficial properties of animal collagen without ethical concerns. The increasing popularity of collagen supplements and topical products derived from plants is due to their safety and lack of animal testing.
Utilization of Alternative Protein Sources like Algae and Legumes
Traditional collagen supplements are derived from bovine and porcine sources. In contrast, vegan collagen is derived from alternative protein sources, such as algae and legumes. Algae are abundant in amino acids, which are necessary for the production of collagen. Legumes like soybeans, peas, and legumes are also excellent sources of protein that can be used to create vegan collagen. Utilizing alternative protein sources provides a sustainable and moral approach to collagen production.
Focus on Clean and Transparent Labeling
As consumers become more aware of what they consume and apply to their skin, there is a growing demand for clean and clear labeling. Consumers want to know the origin and source of the ingredients in the products they purchase. Companies that provide consumers with plain labeling and transparency are gaining consumer trust. Vegan collagen supplements and topical products with clear and transparent labeling are gaining popularity among consumers who wish to make informed purchasing decisions.
Integration of Vegan Collagen in Skincare and Anti-Aging Formulations
The demand for vegan collagen in anti-aging and cosmetics formulations is increasing. Collagen is essential for maintaining the skin's elasticity and firmness. Our bodies produce less collagen as we age, resulting in the development of fine lines and creases. Vegan collagen made from plants can be used to revitalize and nourish the epidermis. As consumers seek natural and sustainable solutions for their beauty requirements, the incorporation of vegan collagen into skincare and anti-aging formulations is growing in popularity.
Regional Analysis
The vegan collagen market is presently dominated by Europe, which accounts for a significant share of the global market. Several factors, including the region's strong emphasis on sustainability, innovation, and product quality, contribute to this. In addition, the increasing number of vegan and vegetarian consumers in Europe has increased the demand for vegan collagen products, which has contributed to the expansion of this market.
The rising concern for animal welfare and the environment is one of the key factors driving the vegan collagen market in Europe. Consumers are becoming more aware of the environmental impact of animal agriculture and are therefore searching for alternative sources of collagen that do not involve animal products. This has generated a growing demand for collagen derived from plants, which is propelling the expansion of the vegan collagen market in Europe.
The region's emphasis on sustainability also contributes significantly to Europe's dominance of the vegan collagen market. Environmentally conscious consumers are increasingly pursuing eco-friendly and sustainable products, resulting in high demand for vegan collagen products manufactured in an eco-friendly manner. As a region actively committed to sustainable development, Europe has become a significant player in the vegan collagen market.
In addition, Europe's emphasis on innovation and product quality has made it a leader in the creation of novel and innovative vegan collagen products. As a result, the region has been able to produce vegan collagen products of exceptionally high quality that satisfy consumer demands. This has contributed to the expansion of the European vegan collagen market.
Key Regions and Countries
North America
- US
- Canada
- Mexico
Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
Geltor Inc. is the industry leader in the vegan collagen market. It utilizes fermentation technology to produce animal-free, vegan collagen. The company offers an extensive selection of vegan collagen products for the cosmetics and personal care industries.
Gelita AG is an additional prominent participant in the global vegan collagen market. The company has a significant presence in the food and beverage industry, supplying vegan collagen products used as a binder and gelling agents.
Amyris Inc. specializes in the production of plant-based goods, such as vegan collagen. The company's patented technology permits the production of collagen from sugarcane.
The German company Symrise AG manufactures vegan collagen for the food industry. To meet the growing demand for plant-based products, the company has been expanding its vegan collagen offering.
The Dutch company Koninklijke DSM N.V. manufactures vegan collagen for the pharmaceutical and cosmetics industries. The company's products are extensively used in anti-aging and wound healing products.
Rousselot BV is an industry leader in collagen production, including vegan collagen. The business manufactures a variety of collagen products for the culinary, pharmaceutical, and cosmetics industries.
Top Key Players in Vegan Collagen Market
- Fusion Naturals
- Gelita AG
- Amyris Inc
- Symrise AG
- Koninklijke DSM N.V.
- Rousselot BV
- Geltor
- Herbaland
- Vital Proteins LLC
- Igennus Healthcare Nutrition
- Pacifica Beauty LLC
- Summer Salt Body
- Garden of Life
- Supervos
- Other Key Players
Recent Development
- In 2022, Gelita AG, a prominent collagen manufacturer, introduced a new vegan collagen product line to cater to the growing number of consumers seeking plant-based alternatives.
- In 2023, Nestlé also made a substantial investment in the industry, unveiling a $100 million investment in a new vegan collagen production facility. This action is anticipated to significantly increase the accessibility and availability of vegan collagen products on the market.
- In 2023, Unilever, a multinational consumer goods and skincare corporation, introduced a new line of vegan collagen-based skincare products. The line includes moisturizers, serums, and facial masks to meet the rising demand for cruelty-free and ethical hygiene options.
Report Scope
Report Features Description Market Value (2022) USD 563.5 Mn Forecast Revenue (2032) USD 4735.5 Bn CAGR (2023-2032) 24.4% Base Year for Estimation 2022 Historic Period 2016-2022 Forecast Period 2023-2032 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Type (Serum, Capsules, Powder, Tablets, and Others)
By Category (Organic, Conventional)
By Application (Beauty Products, Heal Wounds, Reduce Inflammation, And Others)
By Distribution Channel (Store-based Retailers, Non-Store based Retailers)Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape Fusion Naturals, Gelita AG, Amyris Inc, Symrise AG, Koninklijke DSM N.V., Rousselot BV, Geltor, Herbaland, Vital Proteins LLC, Igennus Healthcare Nutrition, Pacifica Beauty LLC, Summer Salt Body, Garden of Life, Supervos, Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) -
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- Fusion Naturals
- Gelita AG
- Amyris Inc
- Symrise AG
- Koninklijke DSM N.V.
- Rousselot BV
- Geltor
- Herbaland
- Vital Proteins LLC
- Igennus Healthcare Nutrition
- Pacifica Beauty LLC
- Summer Salt Body
- Garden of Life
- Supervos
- Other Key Players