In 2019, the Global Fish Collagen Market was valued at USD 1,129.7 million. From 2019 to 2023, demand for fish collagen increased by 4.8%, with projections indicating a rise to USD 1,473.9 million by 2024. Looking ahead to the period from 2024 to 2034, the market is expected to grow at a compound annual growth rate (CAGR) of 6.1%, reaching an estimated USD 2,664.5 million by the end of 2034.
The demand for fish collagen is being driven by its notable health benefits, including enhanced bone strength, joint health, and skin improvement. Online sales channels lead the market due to their wide reach, offering consumers convenient access to a variety of products, with Nutraceuticals emerging as a prominent application of fish collagen. Companies are adopting strategic measures, such as investing in research and development, expanding their market presence, and executing effective marketing campaigns.
Additionally, there is an increasing emphasis on sustainability, with companies focusing on eco-friendly extraction processes and responsible sourcing. The use of by-products from the fishing industry and efforts to minimize waste are also gaining popularity as part of these sustainable practices.
Technological advancements have provided significant advantages to local and regional players, enabling them to increasingly enter the fish collagen market. Currently, the United States leads the industry, driven by its expansive health and wellness market and a vibrant beauty and cosmetics sector, both of which prominently feature fish collagen as a key ingredient.
The growing emphasis on preventive healthcare and overall wellness is driving the expansion of the fish collagen market. Renowned for its benefits in enhancing bone and joint health as well as improving skin quality, fish collagen is increasingly being integrated into a wide range of nutraceuticals and health products. Its versatility allows it to be used in various forms, including powders, capsules, and drinks, for applications such as boosting bone density and enhancing skin health.
Competitive Landscape
Companies in the fish collagen market are adopting various strategies to stay competitive and meet growing demand. Key tactics include investing in research and development to enhance product efficacy, expanding into new markets, and implementing effective marketing strategies to raise awareness of fish collagen benefits.
Additionally, companies are prioritizing sustainability by investing in eco-friendly extraction methods and responsible raw material sourcing. Strategies to reduce waste and utilize by-products from the fishing industry are also gaining traction as part of their commitment to sustainability.
For instance
- In 2024, Adroit Biomed Ltd launched Fortisil C, a high-performance marine-based collagen that is predicted by experts to revolutionise the collagen market entirely.
- In 2021, Daily Marine was launched by Green Lakes Wellness company alongside 4 other collagens in a bid to shift consumers towards clean beauty and create awareness.
Leading Fish Collagen Brands
- Ashland
- Gelita
- Hangzhou Nutrition Biotechnology
- Titan Biotech Limited
- Certified Nutraceuticals
- Darling Ingredients
- Tai Ai Peptide Group
- ETChem
- BHN
- Nitta Gelatin
- Ningbo Nutrition Food Technology
- Ming Chyi Biotechnology
- Italgelatine
- Nippi Collagen
- Weishardt
- Amicogen
- Seagarden
- Lapi Gelatine
- Jellagen
- NutraChoice
- Others
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Key Segments of Market Report
By Source:
As per Source, the ecosystem is categorized into Scales and Muscles, Skin, Bones and Tendons, and Others.
By Sales Channel:
As per Sales Channel, the ecosystem is categorized into Online and Offline.
By Application:
As per Application, the ecosystem is categorized into Nutraceuticals, Pharmaceuticals, Food Industry, and Cosmetics.
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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