The global marine collagen market is anticipated to be worth USD 782.3 million by 2022, growing at a 6.8% CAGR between 2022 and 2032.
As customers increasingly look for natural and sustainable options in the beauty and wellness sectors, the market for marine collagen is expanding rapidly. Marine collagen is becoming more and more popular due to its superior bioavailability and environmentally friendly sourcing from fish byproducts. Rising health consciousness and the need for efficient anti-aging products are driving the market’s expansion.
Your chance of acquiring bone illnesses like osteoporosis may be decreased by taking supplements that include marine collagen. While lowering atherosclerosis and other heart disease risk factors, it increases bone mineral density (BMD).
The demand for marine collagen-based supplements with high protein contents is increasing as a result of rising consumer knowledge of the health benefits of this type of collagen. Due to the diverse uses of marine collagen, the market is growing quickly.
Marine collagen-based formulations are showing promise in the Personal Care sector, which is always looking for new, sustainable, and efficient products. Marine collagen has a range of qualities that help to boost skin comfort, nourish the epidermis, increase skin elasticity, condition and filmogen skin and hair, and combat the bad effects of surfactants.
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Key Takeaways from Market Study
- Food and beverage is a major application industry for marine collagen, and COVID-19’s negative effects have harmed the marine collagen market.
- In terms of the hub producing marine collagen, China will maintain its dominance.
- For many years, the United States has encouraged fishing, and these countries’ fisheries have been efficiently producing output, with a few being the world’s largest.
- Marine collagen by type I is expected to hold the largest share of the marine collagen market by type.
“The rise in demand for supplements to control healthcare costs is expected to be a major factor driving the growth of the marine collagen market during the forecast period. Furthermore, an increase in the sales of marine collagen-based supplements is expected to propel the marine collagen market forward,” says a lead analyst at Future Market Insights.
Competitive Landscape
Product launches, product approvals, and other organic growth techniques, such as patents and events, are being prioritized by a number of companies. Acquisitions and partnerships, as well as collaborations, were identified as two inorganic growth strategies in the market.
Some of the key players in the Marine Collagen Market include Ashland Global Holdings Inc., BHN International Co. Ltd., Connoils LLC, Darling Ingredients Inc., Bega Bionutrients, Seagarden AS, Gelita AG, Nitta Gelatin, Weishardt Group and Amicogen.
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Future Market Insights, in its new offering, provides an unbiased analysis of marine collagen presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
Marine Collagen Market by Category
By Source, Marine Collagen Market is Segmented as:
- Skin
- Muscles
- Scales
- Bones& tendons
By Animal Type, Marine Collagen Market is Segmented as:
- Fish
- Marine organisms
By Application, Marine Collagen Market is Segmented as:
- Cosmetic
- Healthcare
- Medical
- Nutraceuticals
By Region, Marine Collagen Market is Segmented as:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
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Frequently Asked Questions
- How much is the Marine collagen market currently worth?
- At what CAGR is the market expected to grow?
- How was the performance in the last five years?
- What are the key trends boosting Marine collagen sales?
- How are market players reacting to the new developments in the market?
- How much share do the top 5 companies hold?
- Which are the major countries driving demand for Marine collagen?
- Who are the major players in Marine collagen Market?
- What outlook does APAC provide?
- At what rate will the U.S. marine collagen market grow?
- At what level does the report reflect pricing analysis?
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