Category: Business Trends and Opportunity Report

Grow Market Share with Vegan Collagen

Posted on by Mike Miller

Vegan collagen demand is projected to grow over 25% CAGAR to 2030.1  This is remarkable growth considering the collagen market continues to grow with 56% increase in sales in 2021 and an additional 28% in 2022.2 To catch this growth, companies that offer responsibly sourced, high quality collagen, coupled with the necessary vitamins and minerals needed for absorption will be positioned to grow their market share. 

Collagen (types I, II, & III)  are vital proteins needed for human connective tissues, such as skin, tendons, and joints make up from 25% to 35% of the whole body protein content.3  The body’s ability to produce collagen begins to drop at age 40. This drop in collagen continues and by age 80 the body is only able to produce less than 15% of the needed protein.4  

The need for collagen supplementation of types I, II, and III, together with vitamins C & D and the minerals zinc and copper provide for full absorption and benefit.5  As consumers age the need for collagen continues to grow. Companies that combine collagen systems with high quality types of collagen and the needed vitamins and minerals will be able to position themselves well in the growing market.

Anti-aging Market Opportunity

Posted on by FUEL

Looking and feeling good is about quality of life. As the population ages, the demand for improved health and quality of life is driving anti-aging product development. The anti-aging trend commonly used in the beauty industry, also includes the broader range of cellular health, bone and joint health, sleep wellness, and stress management. Consumers understand that beauty and health comes from within the body and they are seeking efficacious products that will improve their quality of life as they age.

As research continues, the demand for natural supplements that support functional-systems health continues to grow. The quest for youthful appearance and well-being is projected to grow at 6.8% CAGR 2023-2030.1 The anti-aging global market is projected to surpass 119.6 billion USD by 2030.2 Although North America dominated the anti-aging market in 2020, the Asia-Pacific region is expected to be the fastest growing market.3 This growth is expected to continue with the combination of increased life expectancy and the consumers’ interest in natural and organic products.

Companies that are able to introduce leading efficacious products to the marketplace are capturing market share and increasing their consumer sales. Plant Science continues to research and develop new and innovative products that enhance the consumer experience. Because of our on-going research and manufacturing capabilities, new product delivery can be available as soon as six weeks. This speedy time-to-market is important to growing a company’s market share.

The Value of Brain Health

Posted on by Mike Miller

Mental health issues, which broadly includes the lack of focus and attention, anxiety, depression, and loss of memory are generating the need for efficacious supplements in the global market.  According to estimates of the World Health Organization (WHO), there are 280 million people suffering from depression.1 Anxiety disorder is reported to affect over 19% of the U.S. population.2  These health issues are projected to grow the mental health supplement market to 13.3% CAGR to 2030.3  

The demand is rising for supplements that boost memory and focus, resist anxiety and depression and improve mental well being.  These issues are increasing across all market demographics including students, professionals, and older populations. The need for mental-health aids is driving research activities in the supplement industry.  

Plant Science is committed to the research and development of efficacious supplements that support mental wellness.  Working with the highest quality natural ingredients that are supported by scientific research, Plant Science has an advanced R&D team that will formulate custom products specifically designed for your company’s demographic needs. The Plant Science proprietary system that combines research and development with manufacturing is designed to reduce time-to-market.  This process makes delivery available for new product launches in as little as six weeks.