The Marine Collagen market is witnessing substantial growth, with the market size projected to increase from USD 782.3 million in 2022 to USD 1.5 billion by 2032, at a CAGR of 6.8%. The sector’s expansion is evident in the top 3 countries, holding a combined marketing share of 32.3%. This growth underscores the rising demand for natural collagen products.
The market for Marine Collagen is expanding rapidly as customers seek natural and sustainable alternatives in the beauty and wellness industries. Marine collagen is gaining popularity due to its better bioavailability and eco-friendly sourcing from fish byproducts. Rising health consciousness and need for effective anti-aging therapies are driving market growth.
Taking marine collagen supplements may help you avoid bone problems like osteoporosis. It increases BMD while lowering atherosclerosis and other risk factors for heart disease.
The growing consumer awareness of the health benefits of marine collagen-based supplements with high protein levels is driving higher demand for these supplements. The market for marine collagen is rapidly expanding due to its numerous applications.
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 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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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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