Vegan Collagen Market Dynamics - 2021 to 2031
The Vegan Collagen Market is expected to register a CAGR of 8% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by type (gelatin, hydrolyzed collagen, and others), The report further presents analysis based on application (food and beverages, dietary supplements, healthcare, personal care, others). The global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Vegan Collagen Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Vegan Collagen Market Segmentation
By Type- Gelatin
- Hydrolyzed Collagen
- Food and Beverages
- Dietary Supplements
- Healthcare
- Personal Care
Strategic Insights
Vegan Collagen Market Growth Drivers- Vegan Collagen Gains Popularity Among Flexitarian and Vegan Consumers: Vegan collagen is the abundant protein found naturally. Vegetarian and vegan individuals often have to opt for protein supplements, multivitamins, and collagen supplements. Modern consumers are more aware of the benefits offered by vegan collagen. The rising number of populations in developed countries is opting for flexitarian and vegan collagen driving the market growth across the globe.
- Health-Conscious Consumers Drive Demand for Plant-Based Collagen: Consumers are becoming healthier and are looking for products that are in line with their wellness priorities. The perceived healthier alternative is vegan collagen. This follows the reasoning that all such consumers would want to avoid using products from animals but could still go ahead and benefit from collagen's potential benefits on skin, hair, and joint health.
- Increased Disposable Income Boosts Global Market for Premium Vegan Collagen: Increased standards of living and disposable income improved living conditions, a number of which ended up experiencing premium vegan products. Economic prosperity allows for increased spending on specialty ingredients, thereby sustaining the growth of vegan collagen market across the globe.
- Significant Growth in Vegan Population Boosts Market for Vegan Products: The vegan population has grown significantly over the past few years. According to Veganuary (a nonprofit organization that encourages individuals worldwide to become vegan for the entire month of January), in 2022, more than 620,000 people registered for the Veganuary campaign, and the registrations increased by 200% in the last three years.
- Environmental Awareness Drives Shift Toward Vegan Products: Moreover, the United Nations, PETA, Good Food Institute, and many organizations believe that veganism can help save the planet from the climate crisis. Awareness regarding the harmful effects of the livestock industry on the environment is increasing among consumers. The consumption of vegan products helps minimize carbon footprints and reduce the overall environmental impacts. Therefore, consumers are rapidly switching to vegan products.
- Millennials and Gen Z Lead the Trend Toward Plant-Based Diets: Further, the emphasis on plant-based diets and products is increasing based on health, ethical, and environmental concerns. The trend remains strong among millennials and Gen Z, as these consumers are more likely to look for vegan alternatives to traditional animal-derived products.
- Biotechnology Advances Drive Growth of Vegan Collagen Production: Advances in biotechnology have allowed for the production of vegan collagen, such as through fermentation and other techniques, making it an alternative to animal-derived collagen, leaving this innovative product with even more prospect in its broadening appeal. Thus, the technological advancement in the industry opens lucrative growth opportunity.
- Investment in R&D Enhances Vegan Collagen Efficacy and Production: There is, however, an excellent opportunity in it for companies to invest in research and development in order to enhance the efficacy and production methods of vegan collagen. As science continues to explore and refine ways of making vegan collagen, this may lead to more effective products matching consumer demands.
- Expanding Interest in Vegan Collagen for Joint Health and Wellness: While interest in vegan collagen supplements might be viewed as still following traditional realms of beauty-related benefits, there is increasing interest in its possible impact on the health of joints and general wellness. This has only expanded the potential scope for developing specialty supplements for other specific health concerns, such as anti-aging and bone health.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Vegan Collagen Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Vegan Collagen Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Vegan Collagen Market is estimated to witness a CAGR of 8% from 2023 to 2031
The rising health consciousness among customers and strategic development initiatives by key market players is driving the vegan collagen market growth.
The rising consumers’ inclination towards vegan collagen due to rising veganism trend is likely to remain the key trends in the market.
GELTOR, Algenist, Evonik, Koninklijke DSM N.V, Rousselot BV, SMPNutra, NUTRICORE BIOSCIENCES PVT. LTD, Igennus Healthcare Nutrition are among the leading players operating in the vegan collagen market.
Based on geography, North America held the largest share of the vegan collagen market
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vegan Collagen Market - By Type
1.3.2 Vegan Collagen Market - By Application
1.3.3 Vegan Collagen Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VEGAN COLLAGEN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VEGAN COLLAGEN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VEGAN COLLAGEN MARKET - GLOBAL MARKET ANALYSIS
6.1. VEGAN COLLAGEN - GLOBAL MARKET OVERVIEW
6.2. VEGAN COLLAGEN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VEGAN COLLAGEN MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SERUM
7.3.1. Overview
7.3.2. Serum Market Forecast and Analysis
7.4. CAPSULE
7.4.1. Overview
7.4.2. Capsule Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. VEGAN COLLAGEN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BEAUTY
8.3.1. Overview
8.3.2. Beauty Market Forecast and Analysis
8.4. WOUND HEALING
8.4.1. Overview
8.4.2. Wound Healing Market Forecast and Analysis
8.5. INFLAMMATION REDUCTION
8.5.1. Overview
8.5.2. Inflammation Reduction Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. VEGAN COLLAGEN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vegan Collagen Market Overview
9.1.2 North America Vegan Collagen Market Forecasts and Analysis
9.1.3 North America Vegan Collagen Market Forecasts and Analysis - By Type
9.1.4 North America Vegan Collagen Market Forecasts and Analysis - By Application
9.1.5 North America Vegan Collagen Market Forecasts and Analysis - By Countries
9.1.5.1 United States Vegan Collagen Market
9.1.5.1.1 United States Vegan Collagen Market by Type
9.1.5.1.2 United States Vegan Collagen Market by Application
9.1.5.2 Canada Vegan Collagen Market
9.1.5.2.1 Canada Vegan Collagen Market by Type
9.1.5.2.2 Canada Vegan Collagen Market by Application
9.1.5.3 Mexico Vegan Collagen Market
9.1.5.3.1 Mexico Vegan Collagen Market by Type
9.1.5.3.2 Mexico Vegan Collagen Market by Application
9.2. EUROPE
9.2.1 Europe Vegan Collagen Market Overview
9.2.2 Europe Vegan Collagen Market Forecasts and Analysis
9.2.3 Europe Vegan Collagen Market Forecasts and Analysis - By Type
9.2.4 Europe Vegan Collagen Market Forecasts and Analysis - By Application
9.2.5 Europe Vegan Collagen Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vegan Collagen Market
9.2.5.1.1 Germany Vegan Collagen Market by Type
9.2.5.1.2 Germany Vegan Collagen Market by Application
9.2.5.2 France Vegan Collagen Market
9.2.5.2.1 France Vegan Collagen Market by Type
9.2.5.2.2 France Vegan Collagen Market by Application
9.2.5.3 Italy Vegan Collagen Market
9.2.5.3.1 Italy Vegan Collagen Market by Type
9.2.5.3.2 Italy Vegan Collagen Market by Application
9.2.5.4 Spain Vegan Collagen Market
9.2.5.4.1 Spain Vegan Collagen Market by Type
9.2.5.4.2 Spain Vegan Collagen Market by Application
9.2.5.5 United Kingdom Vegan Collagen Market
9.2.5.5.1 United Kingdom Vegan Collagen Market by Type
9.2.5.5.2 United Kingdom Vegan Collagen Market by Application
9.2.5.6 Rest of Europe Vegan Collagen Market
9.2.5.6.1 Rest of Europe Vegan Collagen Market by Type
9.2.5.6.2 Rest of Europe Vegan Collagen Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vegan Collagen Market Overview
9.3.2 Asia-Pacific Vegan Collagen Market Forecasts and Analysis
9.3.3 Asia-Pacific Vegan Collagen Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Vegan Collagen Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Vegan Collagen Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vegan Collagen Market
9.3.5.1.1 Australia Vegan Collagen Market by Type
9.3.5.1.2 Australia Vegan Collagen Market by Application
9.3.5.2 China Vegan Collagen Market
9.3.5.2.1 China Vegan Collagen Market by Type
9.3.5.2.2 China Vegan Collagen Market by Application
9.3.5.3 India Vegan Collagen Market
9.3.5.3.1 India Vegan Collagen Market by Type
9.3.5.3.2 India Vegan Collagen Market by Application
9.3.5.4 Japan Vegan Collagen Market
9.3.5.4.1 Japan Vegan Collagen Market by Type
9.3.5.4.2 Japan Vegan Collagen Market by Application
9.3.5.5 South Korea Vegan Collagen Market
9.3.5.5.1 South Korea Vegan Collagen Market by Type
9.3.5.5.2 South Korea Vegan Collagen Market by Application
9.3.5.6 Rest of Asia-Pacific Vegan Collagen Market
9.3.5.6.1 Rest of Asia-Pacific Vegan Collagen Market by Type
9.3.5.6.2 Rest of Asia-Pacific Vegan Collagen Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vegan Collagen Market Overview
9.4.2 Middle East and Africa Vegan Collagen Market Forecasts and Analysis
9.4.3 Middle East and Africa Vegan Collagen Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Vegan Collagen Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Vegan Collagen Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vegan Collagen Market
9.4.5.1.1 South Africa Vegan Collagen Market by Type
9.4.5.1.2 South Africa Vegan Collagen Market by Application
9.4.5.2 Saudi Arabia Vegan Collagen Market
9.4.5.2.1 Saudi Arabia Vegan Collagen Market by Type
9.4.5.2.2 Saudi Arabia Vegan Collagen Market by Application
9.4.5.3 U.A.E Vegan Collagen Market
9.4.5.3.1 U.A.E Vegan Collagen Market by Type
9.4.5.3.2 U.A.E Vegan Collagen Market by Application
9.4.5.4 Rest of Middle East and Africa Vegan Collagen Market
9.4.5.4.1 Rest of Middle East and Africa Vegan Collagen Market by Type
9.4.5.4.2 Rest of Middle East and Africa Vegan Collagen Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vegan Collagen Market Overview
9.5.2 South and Central America Vegan Collagen Market Forecasts and Analysis
9.5.3 South and Central America Vegan Collagen Market Forecasts and Analysis - By Type
9.5.4 South and Central America Vegan Collagen Market Forecasts and Analysis - By Application
9.5.5 South and Central America Vegan Collagen Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vegan Collagen Market
9.5.5.1.1 Brazil Vegan Collagen Market by Type
9.5.5.1.2 Brazil Vegan Collagen Market by Application
9.5.5.2 Argentina Vegan Collagen Market
9.5.5.2.1 Argentina Vegan Collagen Market by Type
9.5.5.2.2 Argentina Vegan Collagen Market by Application
9.5.5.3 Rest of South and Central America Vegan Collagen Market
9.5.5.3.1 Rest of South and Central America Vegan Collagen Market by Type
9.5.5.3.2 Rest of South and Central America Vegan Collagen Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL VEGAN COLLAGEN MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. VEGAN COLLAGEN MARKET, KEY COMPANY PROFILES
12.1. GELTOR
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FUSION NATURALS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HERBALAND
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. GARDEN OF LIFE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. RESERVEAGE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. VITAL PROTEINS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SUMMER SALT BODY
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MOON JUICE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SUPERVOS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. Geltor
2. Fusion Naturals
3. Herbaland
4. Garden of Life
5. ReserveAge
6. Vital Proteins
7. Summer Salt Body
8. Moon Juice
9. Supervos
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For