Plant Based Collagen Market Definition
The plant based collagen market is rising significantly due to the demand for cruelty-free and vegan products. Earlier collagen has been collected from animals but due to rising concerns among users ethically and sustainability, many market players are deriving plant based collagen. This plant based collagen is high in amino acid which is extracted from vegetables, algae, fruits, and legumes. These are widely expanding in several sectors such as in the cosmetic industry for producing anti-ageing creams, skin-hydrating products, and various such vegan products that attract a huge number of customers.
In personal care products, several market players are highly using plant based collagen which helps to reduce wrinkles, skin elasticity, and many more. In the supplement market preparing products such as capsules, drinks, and powders for consumers to provide healthier options to enhance skin texture and other purposes.
Market players such as Evonik introduced Vecollage Fortify L in February 2024. It is a new vegan collagen for the beauty and personal care market that is identical to collagen in the skin.
Due to such production, the future of this market is looking promising as the market players such as Anhui Huaxin Biological Pharmaceutical Co. Ltd., Pharma Nord Inc., Chaitanya Agro Biotech Pvt. Ltd., Beijing Dabeinong Technology Group Co., Ltd., and various other are continuously bringing innovative ideas.