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Global Marine Collagen Market Size By Type (Type I ,Type II), By Source (Fish Species), By Form (Powder, Capsules/Supplements), By End-User (Nutraceuticals, Cosmetics), By Geographic Scope and Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Marine Collagen Market Size By Type (Type I ,Type II), By Source (Fish Species), By Form (Powder, Capsules/Supplements), By End-User (Nutraceuticals, Cosmetics), By Geographic Scope and Forecast

Marine Collagen Market Size And Forecast

Marine Collagen Market size was valued at USD 0.89 Billion in 2023 and is projected to reach USD 1.65 Billion by 2031, growing at a CAGR of 7.94% from 2024 to 2031.

  • Marine collagen is a protein obtained from the skin, scales, or bones of marine creatures such as fish, particularly cod, salmon, and tuna. Marine collagen known for its high bioavailability and resemblance to human collagen is commonly used in beauty products, dietary supplements, and functional foods to support skin health, joint function, and general well-being. Its molecular structure is thought to be smaller than that of bovine or pig collagen allowing the body to absorb and utilise it for collagen formation while also maintaining skin suppleness, hydration, and preventing indications of ageing.
  • Marine collagen is used in a variety of skincare products, dietary supplements, and functional foods because of its potential to boost skin health, joint function, and general well-being. In skincare, it is often used in creams, serums, and masks to improve skin elasticity, hydration, and firmness while decreasing the appearance of wrinkles and fine lines. Marine collagen is used in dietary supplements to improve joint health, bone density, muscle rehabilitation, and hair and nail growth. It is also used in functional meals like protein bars and beverages to raise collagen levels and promote overall health and fitness.
  • Marine collagen is expected to play an increasingly important role in the health and wellness business as research and technology develop. As consumers become more aware of the benefits of collagen supplementation for skin, joint, and bone health, demand for marine collagen is likely to increase. Innovations in extraction technologies and formulation processes are anticipated to result in the creation of more bioavailable and effective marine collagen products. Furthermore, as sustainability becomes a top priority, the usage of marine collagen supplied from environmentally responsible and traceable fisheries will gain acceptance matching with consumer demand for ethically sourced products.

Global Marine Collagen Market Dynamics

The key market dynamics that are shaping the Marine Collagen Market include

Key Market Drivers

  • Growing Consumer Preference for Natural and Sustainable IngredientsAs consumers move towards more natural and sustainable products, there is an increasing need for marine collagen made from fish scales, bones, or skins. With concerns about environmental sustainability and animal welfare, marine collagen is a feasible option to land-based collagen sources such as bovine or porcine and it aligns with the preferences of ecologically conscious consumers.
  • Increasing Awareness of Health and Wellness AdvantagesDemand for marine collagen in skincare, dietary supplements, and functional foods is increasing as people become more aware of its health and wellbeing benefits. Marine collagen is known for its potential to improve skin elasticity, joint function, bone density, and muscle regeneration making it appealing to consumers looking for holistic approaches to health and beauty.
  • Technology Breakthroughs in Extraction and FormulationOngoing research and technology breakthroughs in extraction procedures and formulation techniques improve the bioavailability and efficacy of marine collagen products. Innovations such as peptide extraction and hydrolysis techniques are enhancing the body’s absorption and utilisation of marine collagen resulting in the production of more potent and effective formulations that meet a wide range of consumer needs.

Key Challenges

  • Sourcing and TraceabilityMaintaining a continuous and stable supply of sustainably derived marine collagen is difficult due to variations in fish supplies, environmental concerns, and legislation governing marine resource exploitation. Maintaining traceability along the supply chain from sourcing to manufacture is critical for ensuring the sustainability and quality of marine collagen products while also addressing customer concerns about ethical sourcing and environmental effect.
  • Regulatory Compliance and Labelling RequirementsThe regulatory requirements that regulate the production, labelling, and marketing of marine collagen products vary by region and jurisdiction making it difficult for manufacturers to maintain compliance with relevant standards and laws. Meeting high quality and safety standards as well as appropriately labelling products with comprehensive information about source, composition, and health claims is critical to establishing consumer trust and confidence in marine collagen products. Navigating the complicated regulatory landscape necessitates continual diligence and investment in regulatory compliance tools and skills.
  • Cost and Pricing PressuresThe manufacture of high-quality marine collagen incurs significant expenses due to raw material procurement, extraction procedures, and quality control measures. Furthermore, market rivalry may push prices lower, lowering manufacturer’s profit margins. Balancing cost-efficiency with product quality and sustainability is a major problem for enterprises in the Marine Collagen Market necessitating clever pricing strategies and efficient manufacturing processes to remain competitive.

Key Trends

  • Product Diversification and InnovationThe Marine Collagen Market is seeing a trend of product diversification and innovation with manufacturers developing a variety of formulations and delivery systems to meet varied consumer preferences and needs. This includes marine collagen powders, capsules, gummies, beverages, and topical skincare products as well as mixes containing additional functional elements like vitamins, minerals, and botanical extracts. Innovative formulation techniques including as nanoencapsulation and liposomal delivery systems are also driving the development of innovative marine collagen products with improved bioavailability and effectiveness.
  • Focus on Beauty from insideThe beauty-from-inside trend is driving demand for marine collagen supplements and skincare products that promote youthful skin, hair, and nails from within. Consumers are increasingly turning to collagen supplements as part of their daily beauty and health routines looking for items that improve skin elasticity, moisture, and firmness while also reducing the appearance of wrinkles and fine lines. This trend is motivated by the increasing knowledge of the significance of collagen in preserving skin health and the need for holistic approaches to beauty and anti-aging.
  • Sustainable Sourcing and Ethical standardsAs customer demand for ecologically friendly and socially responsible products grows, the marine collagen industry places a greater emphasis on sustainable sourcing and ethical standards. Manufacturers are increasingly emphasising transparency and traceability in their supply chains getting marine collagen from ethically managed fisheries and employing environmentally friendly extraction procedures. Furthermore, certifications like the Marine Stewardship Council (MSC) and Friend of the Sea (FOS) are gaining popularity as indicators of sustainable and ethical sourcing methods allowing consumers to make more educated purchasing decisions and supporting firms that prioritise sustainability.

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Global Marine Collagen Market Regional Analysis

Here is a more detailed regional analysis of the Marine Collagen Market

North America

  • According to Market Research analyst, the biggest market share for hydraulic fracturing is held by the North America region. The region has a thriving healthcare and wellness industry with an increased emphasis on natural and functional elements in skincare, dietary supplements, and functional foods. As people become more health-conscious and seek products with concrete benefits, the demand for marine collagen grows due to its well-known health and beauty benefits.
  • North America has a huge and affluent consumer base with significant disposable money making it a profitable market for premium skincare and wellness goods. The region’s ageing population is particularly interested in anti-aging treatments which is driving demand for marine collagen supplements and skincare formulas that claim to increase skin elasticity, decrease wrinkles, and boost general well-being.
  • North America has a robust network of research and development institutes as well as innovative enterprises, pushing progress in marine collagen extraction technologies, formulation techniques, and product development. This culture of innovation allows North American firms to keep ahead of the competition by developing new marine collagen products and formulations that adapt to changing consumer tastes and market trends. As a result, North America continues to be a prominent force in the worldwide Marine Collagen Market accounting for a sizable portion of sales while driving industry growth and innovation. 

Europe

  • The Europe region is experiencing rapid growth in the Marine Collagen Market. Europe has a rich history of skincare and wellness with a focus on natural and holistic approaches to beauty and health. Consumers in Europe are increasingly turning to marine collagen as a natural and effective way to retain youthful skin, hair, and nails, fueling demand for marine collagen supplements and skincare products.
  • Europe is seeing a rise in the demand for sustainable and ethically sourced foods fuelled by greater awareness of environmental and animal welfare issues. Marine collagen derived from fish byproducts and waste streams is consistent with these sustainability aims making it an appealing choice for ecologically aware consumers. As a result, European customers are increasingly looking for certified sustainable and traceable marine collagen products which is driving market expansion.
  • Europe has a highly competitive landscape with a varied range of producers and suppliers providing novel marine collagen products and formulations. Companies in Europe are investing in research and development to create novel extraction processes, distribution formats, and applications for marine collagen in response to changing customer tastes and market trends. This culture of innovation together with high consumer demand for natural and sustainable products, puts Europe as a vibrant and fast developing market for marine collagen, encouraging ongoing expansion and investment in the industry.

Global Marine Collagen MarketSegmentation Analysis

The Global Marine Collagen Market is Segmented on the basis of Type, Source, Form, End-user, and Geography.

Marine Collagen Market, By Type

  • Type 1
  • Type 2
  • Type 3

Based on Type, the market is bifurcated into Type I, Type II, and Type III. Type I had the biggest market share. The demand for Type I marine collagen is expected to increase due to its demonstrated benefits in improving skin health boosting anti-aging effects, and supporting overall wellness. Type I marine collagen coincides with changing customer expectations in the beauty and wellness industries which prioritise natural, sustainable products.

Marine Collagen Market, By Sources

  • Fish Species

Based on Sources, the market is bifurcated into Fish Species. Fish species held the biggest market share. Fish species are regarded as the primary source of marine collagen. Fish, notably cod and other species have collagen-rich skin, scales, and cartilage. These pieces are numerous and provide a sustainable supply of collagen extraction which promotes responsible fishing techniques. Fish collagen is closely related to human collagen particularly Type I and Type II making it extremely compatible with the human body.

Marine Collagen Market, By Form

  • Powder
  • Capsules/Supplements
  • Gels and Creams

Based on Form, the market is bifurcated into Powder, Capsules/Supplements, and Gels and Creams. Powder held the greatest market share. The powdered form of marine collagen is gaining popularity due to its convenience and versatility allowing customers to simply include marine collagen into their daily routines. It can be easily used into beverages, smoothies, or recipes providing a versatile and taste-neutral alternative. The powdered form of marine collagen often contains collagen peptides which are smaller, accessible molecules that the body may easily absorb. This increases the effectiveness of the collagen supplement perhaps leading to benefits such as increased skin elasticity, hydration, and joint health.

Marine Collagen Market, By End-User

  • Nutraceuticals
  • Cosmetics
  • Medical

Based on End-user, the market is bifurcated into Nutraceuticals, Cosmetics and Medical. Nutraceuticals held the greatest market share. The demand for marine collagen in nutraceuticals is expected to increase due to its numerous health benefits. Marine collagen which has been shown to improve joint health, skin elasticity, and overall well-being, is in line with the growing consumer interest in holistic and natural diet. As the nutraceutical market emphasises functional components, marine collagen’s ability to improve joint function, skin renewal, and other health benefits positions it as a popular supplement. Marine collagen is known for improving skin suppleness, hydration, and minimising ageing symptoms which corresponds with customer demands for natural and effective skincare treatments.

Marine Collagen Market, By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Middle East
  • Latin America

Based on Regional Analysis, the market is divided into North America, Europe, Asia Pacific, and Latin America, the Middle East, and Africa. North America held the biggest market share. The future of marine collagen presents various intriguing opportunities driven by rising demand for natural and sustainable components in the food and beverage, cosmetics, medicinal, and nutraceutical sectors. With rising health and wellness consciousness, marine collagen made from fish scales and skin is emerging as a preferable alternative to bovine collagen. The cosmetics and skincare business are predicted to increase significantly as customers seek for marine collagen for its anti-aging and skin-rejuvenating benefits. Furthermore, the food and beverage industry are looking into marine collagen as a functional component capitalising on its protein-rich composition.

Key Players

The Global Marine Collagen Market study report will provide valuable insight with an emphasis on the global market. The major players in the market are Nippi. Inc., Darling Ingredients Inc., Ashland Inc., GELITA AG, Nitta Gelatin, Inc., Amicogen Co., Ltd., Weishardt Holding SA, Titan Biotech Limited, BDF Natural Ingredients, S.L., and ITALGEL S.p.A.

Our market analysis also includes a part dedicated specifically to such significant firms, in which our experts provide insights into their financial statements, as well as product benchmarking and SWOT analysis. The competitive landscape section also contains important development strategies, market share, and market ranking analysis for the aforementioned competitors worldwide.

Marine Collagen Market Recent Developments

  • In July 2023, CHOSEN® by Dermatology, a prominent skincare brand in India, debuted the TOR™ Mighty Marine Collagen in natural pomegranate flavour.
  • In June 2023, Z Natural Foods, a well-known producer of high-quality natural powders, will introduce hydrolyzed marine collagen peptides.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Nippi. Inc., Darling Ingredients Inc., Ashland Inc., GELITA AG, Nitta Gelatin, Inc., Amicogen Co., Ltd., Weishardt Holding SA.

Segments Covered

By Type, By Source, By Form, By End-user, and By Geography.

Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly 

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales anal

Table of Content

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