The Plant-Based Collagen Market size was USD 5.4 billion in 2022 and is expected to Reach USD 9.92 billion by 2030 and grow at a CAGR of 7.9% over the forecast period of 2023-2030.
Collagen protein gives these tissues shape, strength, and suppleness. Plant-based collagen is a cruelty-free and vegan alternative to animal-based collagen. It's manufactured with plant-based proteins like pea, soy, and rice. Plant-based collagen is frequently regarded as a more ecological and ethical alternative to animal-based collagen.
Based on the Distribution Channel, the online segment is expected to account for over 50% of the global plant-based collagen market share by 2028. This growth is being driven by the increasing popularity of e-commerce and the growing number of consumers who are purchasing plant-based products online.
The Dietary Supplements industry is rapidly growing as a result of rising demand for plant-based products and increased knowledge of the health benefits of plant-based collagen. Plant-based collagen is being employed in a range of medical applications, including wound healing and bone regeneration, so the Pharmaceutical and Healthcare market is also expanding.
KEY DRIVERS
Rapidly increasing obese population
Obesity is an alarming risk factor for several chronic diseases, including heart disease, stroke, type 2 diabetes, and cancer. Collagen is a protein that is required for healthy skin, joints, and muscles. Natural collagen production declines as people age. This can result in a variety of issues, including wrinkles, drooping skin, and joint pain. Obese people are more prone than normal-weight people to have lower collagen levels. This is due to the fact that obesity can produce inflammation and oxidative stress, both of which can destroy collagen fibers. Collagen supplements can help to boost the body's collagen levels. This has the potential to drive the Plant-Based Collagen Market.
Rising awareness of the potential health benefits of collagen
RESTRAIN
High cost of Plant-Based Collagen
Plant-based collagen currently has greater production costs than animal-based collagen. This is due to the fact that the technology for making plant-based collagen is still relatively new and not frequently used. As a result, consumers must pay more for plant-based collagen products. This can be a barrier to access for some customers, particularly those on a tight budget. Raw materials for plant-based collagen, such as pea protein and soy protein, can be more expensive than raw materials for animal-based collagen.
Lack of awareness
OPPORTUNITY
Rising demand for vegan and cruelty-free products.
Plant-based collagen is an appropriate substitute for animal-based collagen, and it is frequently more sustainable and cost-effective. According to a recent survey, more than 70% of consumers are willing to pay more for vegan or cruelty-free items. This trend is especially prevalent among younger consumers, with more than 80% of Millennials and Gen Z consumers willing to pay more for vegan and cruelty-free items. Some customers are driven by ethical considerations since they do not want to support industries that cause cruelty to animals. Environmental concerns motivate others and the growing demand for vegan and cruelty-free products drives the plant-based diet.
Expansion into new markets
CHALLENGES
Stringent rules and regulations
Plant-based collagen products are governed by stringent labeling rules in several countries. Manufacturers, for example, may be compelled to identify the source of the plant-based collagen as well as the individual constituents in the product. Manufacturers of plant-based food must adhere to all applicable safety regulations. Manufacturers of plant-based collagen products may be required to conduct clinical trials in various countries to demonstrate the safety and efficacy of their products. Despite the hurdles provided by tight rules and regulations, the market for plant-based collagen is likely to develop.
The war between Russia and Ukraine has had a substantial influence on the worldwide plant-based collagen market. The war has interrupted the supply of raw materials necessary to create plant-based collagen, such as pea protein and soy protein. As a result, the price of plant-based collagen products has risen. Since the start of the war, the price of pea protein and soy protein, the two key constituents of plant-based collagen, has risen by 15%. Since the start of the war, demand for plant-based collagen products has declined by 2%.
The recession has impacted to Plant-based collagen products market. The supply of plant-based collagen products has decreased by 10% since the start of the war. Plant-based collagen products are frequently regarded as a more cost-effective alternative to animal-based collagen products. This means that during a recession, demand for plant-based collagen products may surge. In 2022, demand for plant-based collagen products is expected to rise by 3%. However, the price of pea protein has increased by 5%. This is attributable to a variety of factors, including growing fuel and labour costs. Increased production expenses are anticipated to be passed on to consumers as increased pea protein prices.
By Product type
Gelatin
Native collagen
Hydrolyzed collagen
By Source
Soy
Pea protein
Hemp
Others
By Distribution Channel
Online
Offline
By Application
Food and beverages
Cosmetics and personal care
Pharmaceutical and healthcare
Dietary supplements
Others
North America dominates the plant-based collagen and is expected to have a 39% market share in 2022. Due to the growing popularity of various end-user industries such as supplementary, healthcare, cosmetics, and food & beverage. The United States is expected to account for 66% of the North American plant-based collagen market. Furthermore, rising vegan diet awareness, combined with a shift towards vegetarianism, is likely to boost market growth in this region.
Asia-Pacific is predicted to be the fastest-growing region during the forecast period of 2023-2030. The growth is due to an increase in investment in the development of natural components. High investments in R&D activities to create collagen-based products are also predicted to boost market growth in this area. China controls 33% of the Asian plant-based collagen market.
Europe is estimated to hold 30% of the plant-based collagen market in 2022. Germany is expected to occupy 23% of the European plant-based collagen market. The region has a high value on sustainability and innovation, which drives demand for plant-based collagen products. Furthermore, increased awareness of the health benefits of collagen is a crucial driver driving market expansion.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Plant-Based Collagen Market are OZiva, Nitta Gelatin Inc., SENIORITY.IN, Raw Beauty Lab, Rejuvenated, Nutricore Biosciences Private Limited, PlantFusion, Amway Europe, SMPNutra, Smartnutras International, LLC, Titan Biotech, and other key players.
In October 2023, Sanitas intends to continue pioneering new developments in the skincare sector with the release of the Collagen + Elastin Face Cream and Collagen + Elastin Eye Cream.
In July 2023, OZiva, India's leading certified clean and plant-based holistic health brand, announced the favorable results of clinical research on CollabZen, the key plant-based component in OZiva Collagen Builder.
In May 2023, DERMA E, a renowned natural, clean beauty cosmetics brand, released its latest product, the Advanced Peptides & Flora CollagenTM Cryo-Gel Mask. With Flora-CollagenTM, Arginine®, Matrixyl Synthe 6®, Edelweiss Extract, and Plant Stem Cells, this cutting-edge mask penetrates the skin with potent multi-peptides to stimulate skin recovery and get it ready for a daytime or nightly regimen.
Report Attributes | Details |
Market Size in 2022 | US$ 5.4 Billion |
Market Size by 2030 | US$ 9.92 Billion |
CAGR | CAGR of 7.9 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Type (Hydrolyzed Collagen, Gelatin, Native Collagen) • By Source (Soy, Pea Protein, Hemp, Others) • By Distribution Channel (Online, Offline) • By Application (Food and Beverages, Cosmetics and personal care, Pharmaceutical and Healthcare, Dietary Supplements, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | OZiva, Nitta Gelatin Inc., SENIORITY.IN, Raw Beauty Lab, Rejuvenated, Nutricore Biosciences Private Limited, PlantFusion, Amway Europe, SMPNutra, Smartnutras International, LLC, Titan Biotech |
Key Drivers | • Rapidly increasing obese population • Rising awareness of the potential health benefits of collagen |
Market Challenges | • Stringent rules and regulations |
Ans: Plant-Based Collagen Market is anticipated to expand by 7.9% from 2023 to 2030.
Ans: The North American region dominates the Plant-Based Collagen Market in 2022.
Ans: USD 9.92 billion is expected to grow by 2030.
Ans: Growing demand for vegan and cruelty-free products and expansion into new markets are the opportunities of the Plant-Based Collagen Market.
Ans: The high cost of Plant-Based Collagen and lack of awareness are the restraints of the Plant-Based Collagen Market.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia- Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Plant-Based Collagen Market Segmentation, by Product Type
8.1 Gelatin
8.2 Native collagen
8.3 Hydrolyzed collagen
9. Plant-Based Collagen Market Segmentation, by Source
9.1 Soy
9.2 Pea protein
9.3 Hemp
9.4 Others
10. Plant-Based Collagen Market Segmentation, by Distribution Channel
10.1 Online
10.2 Offline
11. Plant-Based Collagen Market Segmentation, by Application
11.1 Food and beverages
11.2 Cosmetics and personal care
11.3 Pharmaceutical and healthcare
11.4 Dietary supplements
11.5 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Plant-Based Collagen Market by Country
12.2.2 North America Plant-Based Collagen Market by Product Type
12.2.3 North America Plant-Based Collagen Market by Source
12.2.4 North America Plant-Based Collagen Market by Distribution Channel
12.2.5 North America Plant-Based Collagen Market by Application
12.2.6 USA
12.2.6.1 USA Plant-Based Collagen Market by Product Type
12.2.6.2 USA Plant-Based Collagen Market by Source
12.2.6.3 USA Plant-Based Collagen Market by Distribution Channel
12.2.6.4 USA Plant-Based Collagen Market by Application
12.2.7 Canada
12.2.7.1 Canada Plant-Based Collagen Market by Product Type
12.2.7.2 Canada Plant-Based Collagen Market by Source
12.2.7.3 Canada Plant-Based Collagen Market by Distribution Channel
12.2.7.4 Canada Plant-Based Collagen Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Plant-Based Collagen Market by Product Type
12.2.8.2 Mexico Plant-Based Collagen Market by Source
12.2.8.3 Mexico Plant-Based Collagen Market by Distribution Channel
12.2.8.4 Mexico Plant-Based Collagen Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Plant-Based Collagen Market by Country
12.3.1.2 Eastern Europe Plant-Based Collagen Market by Product Type
12.3.1.3 Eastern Europe Plant-Based Collagen Market by Source
12.3.1.4 Eastern Europe Plant-Based Collagen Market by Distribution Channel
12.3.1.5 Eastern Europe Plant-Based Collagen Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Plant-Based Collagen Market by Product Type
12.3.1.6.2 Poland Plant-Based Collagen Market by Source
12.3.1.6.3 Poland Plant-Based Collagen Market by Distribution Channel
12.3.1.6.4 Poland Plant-Based Collagen Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Plant-Based Collagen Market by Product Type
12.3.1.7.2 Romania Plant-Based Collagen Market by Source
12.3.1.7.3 Romania Plant-Based Collagen Market by Distribution Channel
12.3.1.7.4 Romania Plant-Based Collagen Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Plant-Based Collagen Market by Product Type
12.3.1.8.2 Hungary Plant-Based Collagen Market by Source
12.3.1.8.3 Hungary Plant-Based Collagen Market by Distribution Channel
12.3.1.8.4 Hungary Plant-Based Collagen Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Plant-Based Collagen Market by Product Type
12.3.1.9.2 Turkey Plant-Based Collagen Market by Source
12.3.1.9.3 Turkey Plant-Based Collagen Market by Distribution Channel
12.3.1.9.4 Turkey Plant-Based Collagen Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Plant-Based Collagen Market by Product Type
12.3.1.10.2 Rest of Eastern Europe Plant-Based Collagen Market by Source
12.3.1.10.3 Rest of Eastern Europe Plant-Based Collagen Market by Distribution Channel
12.3.1.10.4 Rest of Eastern Europe Plant-Based Collagen Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Plant-Based Collagen Market by Country
12.3.2.2 Western Europe Plant-Based Collagen Market by Product Type
12.3.2.3 Western Europe Plant-Based Collagen Market by Source
12.3.2.4 Western Europe Plant-Based Collagen Market by Distribution Channel
12.3.2.5 Western Europe Plant-Based Collagen Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Plant-Based Collagen Market by Product Type
12.3.2.6.2 Germany Plant-Based Collagen Market by Source
12.3.2.6.3 Germany Plant-Based Collagen Market by Distribution Channel
12.3.2.6.4 Germany Plant-Based Collagen Market by Application
12.3.2.7 France
12.3.2.7.1 France Plant-Based Collagen Market by Product Type
12.3.2.7.2 France Plant-Based Collagen Market by Source
12.3.2.7.3 France Plant-Based Collagen Market by Distribution Channel
12.3.2.7.4 France Plant-Based Collagen Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Plant-Based Collagen Market by Product Type
12.3.2.8.2 UK Plant-Based Collagen Market by Source
12.3.2.8.3 UK Plant-Based Collagen Market by Distribution Channel
12.3.2.8.4 UK Plant-Based Collagen Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Plant-Based Collagen Market by Product Type
12.3.2.9.2 Italy Plant-Based Collagen Market by Source
12.3.2.9.3 Italy Plant-Based Collagen Market by Distribution Channel
12.3.2.9.4 Italy Plant-Based Collagen Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Plant-Based Collagen Market by Product Type
12.3.2.10.2 Spain Plant-Based Collagen Market by Source
12.3.2.10.3 Spain Plant-Based Collagen Market by Distribution Channel
12.3.2.10.4 Spain Plant-Based Collagen Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Plant-Based Collagen Market by Product Type
12.3.2.11.2 Netherlands Plant-Based Collagen Market by Source
12.3.2.11.3 Netherlands Plant-Based Collagen Market by Distribution Channel
12.3.2.11.4 Netherlands Plant-Based Collagen Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Plant-Based Collagen Market by Product Type
12.3.2.12.2 Switzerland Plant-Based Collagen Market by Source
12.3.2.12.3 Switzerland Plant-Based Collagen Market by Distribution Channel
12.3.2.12.4 Switzerland Plant-Based Collagen Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Plant-Based Collagen Market by Product Type
12.3.2.13.2 Austria Plant-Based Collagen Market by Source
12.3.2.13.3 Austria Plant-Based Collagen Market by Distribution Channel
12.3.2.13.4 Austria Plant-Based Collagen Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Plant-Based Collagen Market by Product Type
12.3.2.14.2 Rest of Western Europe Plant-Based Collagen Market by Source
12.3.2.14.3 Rest of Western Europe Plant-Based Collagen Market by Distribution Channel
12.3.2.14.4 Rest of Western Europe Plant-Based Collagen Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Plant-Based Collagen Market by Country
12.4.2 Asia Pacific Plant-Based Collagen Market by Product Type
12.4.3 Asia Pacific Plant-Based Collagen Market by Source
12.4.4 Asia Pacific Plant-Based Collagen Market by Distribution Channel
12.4.5 Asia Pacific Plant-Based Collagen Market by Application
12.4.6 China
12.4.6.1 China Plant-Based Collagen Market by Product Type
12.4.6.2 China Plant-Based Collagen Market by Source
12.4.6.3 China Plant-Based Collagen Market by Distribution Channel
12.4.6.4 China Plant-Based Collagen Market by Application
12.4.7 India
12.4.7.1 India Plant-Based Collagen Market by Product Type
12.4.7.2 India Plant-Based Collagen Market by Source
12.4.7.3 India Plant-Based Collagen Market by Distribution Channel
12.4.7.4 India Plant-Based Collagen Market by Application
12.4.8 Japan
12.4.8.1 Japan Plant-Based Collagen Market by Product Type
12.4.8.2 Japan Plant-Based Collagen Market by Source
12.4.8.3 Japan Plant-Based Collagen Market by Distribution Channel
12.4.8.4 Japan Plant-Based Collagen Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Plant-Based Collagen Market by Product Type
12.4.9.2 South Korea Plant-Based Collagen Market by Source
12.4.9.3 South Korea Plant-Based Collagen Market by Distribution Channel
12.4.9.4 South Korea Plant-Based Collagen Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Plant-Based Collagen Market by Product Type
12.4.10.2 Vietnam Plant-Based Collagen Market by Source
12.4.10.3 Vietnam Plant-Based Collagen Market by Distribution Channel
12.4.10.4 Vietnam Plant-Based Collagen Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Plant-Based Collagen Market by Product Type
12.4.11.2 Singapore Plant-Based Collagen Market by Source
12.4.11.3 Singapore Plant-Based Collagen Market by Distribution Channel
12.4.11.4 Singapore Plant-Based Collagen Market by Application
12.4.12 Australia
12.4.12.1 Australia Plant-Based Collagen Market by Product Type
12.4.12.2 Australia Plant-Based Collagen Market by Source
12.4.12.3 Australia Plant-Based Collagen Market by Distribution Channel
12.4.12.4 Australia Plant-Based Collagen Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Plant-Based Collagen Market by Product Type
12.4.13.2 Rest of Asia-Pacific Plant-Based Collagen Market by Source
12.4.13.3 Rest of Asia-Pacific Plant-Based Collagen Market by Distribution Channel
12.4.13.4 Rest of Asia-Pacific Plant-Based Collagen Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Plant-Based Collagen Market by country
12.5.1.2 Middle East Plant-Based Collagen Market by Product Type
12.5.1.3 Middle East Plant-Based Collagen Market by Source
12.5.1.4 Middle East Plant-Based Collagen Market by Distribution Channel
12.5.1.5 Middle East Plant-Based Collagen Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Plant-Based Collagen Market by Product Type
12.5.1.6.2 UAE Plant-Based Collagen Market by Source
12.5.1.6.3 UAE Plant-Based Collagen Market by Distribution Channel
12.5.1.6.4 UAE Plant-Based Collagen Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Plant-Based Collagen Market by Product Type
12.5.1.7.2 Egypt Plant-Based Collagen Market by Source
12.5.1.7.3 Egypt Plant-Based Collagen Market by Distribution Channel
12.5.1.7.4 Egypt Plant-Based Collagen Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Plant-Based Collagen Market by Product Type
12.5.1.8.2 Saudi Arabia Plant-Based Collagen Market by Source
12.5.1.8.3 Saudi Arabia Plant-Based Collagen Market by Distribution Channel
12.5.1.8.4 Saudi Arabia Plant-Based Collagen Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Plant-Based Collagen Market by Product Type
12.5.1.9.2 Qatar Plant-Based Collagen Market by Source
12.5.1.9.3 Qatar Plant-Based Collagen Market by Distribution Channel
12.5.1.9.4 Qatar Plant-Based Collagen Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Plant-Based Collagen Market by Product Type
12.5.1.10.2 Rest of Middle East Plant-Based Collagen Market by Source
12.5.1.10.3 Rest of Middle East Plant-Based Collagen Market by Distribution Channel
12.5.1.10.4 Rest of Middle East Plant-Based Collagen Market by Application
12.5.2. Africa
12.5.2.1 Africa Plant-Based Collagen Market by country
12.5.2.2 Africa Plant-Based Collagen Market by Product Type
12.5.2.3 Africa Plant-Based Collagen Market by Source
12.5.2.4 Africa Plant-Based Collagen Market by Distribution Channel
12.5.2.5 Africa Plant-Based Collagen Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Plant-Based Collagen Market by Product Type
12.5.2.6.2 Nigeria Plant-Based Collagen Market by Source
12.5.2.6.3 Nigeria Plant-Based Collagen Market by Distribution Channel
12.5.2.6.4 Nigeria Plant-Based Collagen Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Plant-Based Collagen Market by Product Type
12.5.2.7.2 South Africa Plant-Based Collagen Market by Source
12.5.2.7.3 South Africa Plant-Based Collagen Market by Distribution Channel
12.5.2.7.4 South Africa Plant-Based Collagen Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Plant-Based Collagen Market by Product Type
12.5.2.8.2 Rest of Africa Plant-Based Collagen Market by Source
12.5.2.8.3 Rest of Africa Plant-Based Collagen Market by Distribution Channel
12.5.2.8.4 Rest of Africa Plant-Based Collagen Market by Application
12.6. Latin America
12.6.1 Latin America Plant-Based Collagen Market by country
12.6.2 Latin America Plant-Based Collagen Market by Product Type
12.6.3 Latin America Plant-Based Collagen Market by Source
12.6.4 Latin America Plant-Based Collagen Market by Distribution Channel
12.6.5 Latin America Plant-Based Collagen Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Plant-Based Collagen Market by Product Type
12.6.6.2 Brazil Plant-Based Collagen Market by Source
12.6.6.3 Brazil Plant-Based Collagen Market by Distribution Channel
12.6.6.4 Brazil Plant-Based Collagen Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Plant-Based Collagen Market by Product Type
12.6.7.2 Argentina Plant-Based Collagen Market by Source
12.6.7.3 Argentina Plant-Based Collagen Market by Distribution Channel
12.6.7.4 Argentina Plant-Based Collagen Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Plant-Based Collagen Market by Product Type
12.6.8.2 Colombia Plant-Based Collagen Market by Source
12.6.8.3 Colombia Plant-Based Collagen Market by Distribution Channel
12.6.8.4 Colombia Plant-Based Collagen Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Plant-Based Collagen Market by Product Type
12.6.9.2 Rest of Latin America Plant-Based Collagen Market by Source
12.6.9.3 Rest of Latin America Plant-Based Collagen Market by Distribution Channel
12.6.9.4 Rest of Latin America Plant-Based Collagen Market by Application
13 Company Profile
13.1 OZiva
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 SENIORITY.IN
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Nitta Gelatin Inc.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Rejuvenated
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Raw Beauty Lab
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Nutricore Biosciences Private Limited
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 PlantFusion
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Amway Europe
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 SMPNutra
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Titan Biotech
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Smartnutras International, LLC
13.11.1 Company Overview
13.11.2 Financials
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
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When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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