PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402627
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402627
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.
Report Coverage | Report Details | ||
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Base Year: | 2022 | Market Size in 2023: | US$ 6.46 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: | 8.50% | 2030 Value Projection: | US$ 11.44 Bn |
The term "plant collagen" describes components that resemble collagen but come from plants. Plant-based components high in amino acids, which are the collagen's building blocks, are frequently found in substitutes for animal collagen even if they do not include collagen itself. These substitutes aim to promote collagen synthesis or offer advantages comparable to those of conventional animal-derived collagen such as enhancing skin elasticity and joint health. Fruits, vegetables, and other plant sources are used to make plant-based collagen powder. Collagen is extracted from these plants' skin, seeds, and stems by grinding them up. This kind of collagen is intended to be consumed as a dietary supplement.
Growing consumer interest in natural and plant-based products will continue to fuel the growth of the global plant collagen market over the forecast period. Increasing awareness about health and wellness will also continue to fuel the growth of the global plant collagen market over the forecast period. Consumers are actively looking for products that provide health benefits as they become more aware of their own health and wellness. Cooperation with personal care and beauty brands will create new opportunities for the global plant collagen market over the forecast period. To give anti-aging and skin health benefits, plant collagen can be used in cosmetics and personal care items including creams, serums, and masks. Plant-based collagen builders do not directly supplement collagen in the human body; instead, they aid the body in naturally boosting its collagen production. These products provide essential nutrients, such as vitamin C, biotin, silica, and other necessary components, to promote body healing, which is crucial for collagen production and repair.
Limited scientific research is expected to hamper the growth of the global plant collagen market over the forecast period.
Global Plant Collagen Market Detailed Segmentation: