LONDON, May 1, 2024
/PRNewswire/ -- Vector Consumer Ltd has taken a significant stride
towards expanding its presence in the collagen market with its
latest acquisition, Dose & Co. This move swiftly follows
another successful acquisition, the Pura Collagen brand. With the
global collagen market expected to grow at a 5.8% CAGR reaching
$1.03 billion in 2030, it was valued
at $630 million in 2021*, it's
evident that Vector Consumer has ambitious goals to lead this
expanding category.
Dose & Co is a collagen supplement brand from the ZURU Edge
stable. Launched in New Zealand in
2019 by registered nutritionist and naturopath Libby Matthews, Dose & Co's range of premium
beauty blends are clinically proven and backed by doctors,
dermatologists and aestheticians internationally. With over 4
million tubs sold, 5000+ distribution points globally, countless
industry awards, celebrity fans such as Khloe Kardashian, plus praise from almost every
major media publication Dose & Co have become a leader in
ingestible beauty.
"We are excited by Vector Consumer's shared dedication to
unwavering quality and their proven track record of innovating
within the Wellness category. Handing over the reins to Vector not
only enables the continuation of Dose & Co's mission but also
undoubtedly marks a new era of innovation and expansion. We eagerly
anticipate witnessing the brand's ongoing evolution and its part in
building the future of the ingestible beauty category under
Vector's strategic guidance". Paige
Harris - General Manager of ZURUs Wellness division.
Liverpool based Vector Consumer
was founded by Matt Banks-Crompton
and John Pugh in 2019, with a vision
to disrupt the global consumer healthcare space. In a short space
of time, Vector Consumer has imagined and delivered impactful
health and beauty brands capable of leading the global market
including SOLV, an award winning female focused supplements brand
and the officially licensed Liverpool FC sports and wellness range.
With the recent acquisitions of globally renowned brands Pura
Collagen and Dose & Co, Vector Consumer is set to become a
leading voice in the nutritional collagen industry.
"Over the years Dose & Co has conquered not only markets
but hearts across the globe. Its name resonates with consumers
worldwide reflecting the remarkable heights it has scaled in the
industry. Dose & Co's commitment to quality, innovation and
consumer satisfaction has solidified its position as a household
name". Matt Banks-Crompton -
Managing Director of Vector Consumer.
The Senior Leadership Team at Vector Consumer is led by Managing
Director Matt Banks-Crompton. He is
joined by Stephen Byrne, Sales
Director, Jennifer Mo, Director of
Strategy & Implementation and Rob
Knowles, Supply Chain & Logistics Director. Vector
Consumer will assume all management of the Dose & Co brand from
ZURU Edge.
Vector Consumer has an active NPD pipeline and rapid territory
expansion plans in place for its current brands, Pura Collagen,
SOLV & LFC, with all three launching new products into existing
and new accounts across the globe. Dose & Co comes with an
impressive NPD pipeline which will see the brand venture into new
beauty categories and formats. With the rapid expansion of its
brand portfolio Vector Consumer will carefully and thoughtfully
engineer the complimentary agencies of each brand. Their goal is to
ensure the consumer journey is clear and comprehensive, giving
multiple shopper demographics the opportunity to enter the collagen
category by goal, price & format.
All image assets and the press release can be downloaded
here
www.vectorconsumer.com
*Collagen Peptides Market Size Global Report, 2022 - 2030
(polarismarketresearch.com)
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SOURCE Vector Consumer Limited