Marine Collagen Market Projected to Reach US$ 1.5 Billion by 2032

The global marine collagen market is anticipated to be worth US$ 782.3 million by 2022, growing at a 6.8% CAGR between 2022 and 2032.

The market for marine collagen is quickly rising as customers increasingly seek natural and sustainable alternatives in the beauty and wellness sectors. Marine collagen is becoming increasingly popular due to its better bioavailability and environmentally friendly sourcing from fish wastes. Rising health consciousness and the demand for effective anti-aging products are propelling the market forward.

Taking supplements containing marine collagen may reduce your risk of developing bone diseases such as osteoporosis. It enhances bone mineral density (BMD) while decreasing atherosclerosis and other risk factors for heart disease.

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 show potential in the Personal Care sector, which is continually on the lookout for novel, ecological, and efficient products. Marine collagen offers a variety of properties that assist to improve skin comfort, nourish the epidermis, promote skin elasticity, condition and filmogen skin and hair, and resist surfactant toxicity.

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Key Takeaways from the 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?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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