Marine Collagen Market by Source (Skin Scale and Muscles, Bones and Tendons, and Others), Animal (Fish, Crustaceans, Mollusks, and Others), Application (Nutraceuticals, Cosmetics, Medical and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026116 | Pages: 100 | Industry: Food and Beverages | Date: Sep 2022 | Type: Global

The market crossed US$ 791.03 million mark in 2022 and is expected to hit US$ 1,121.24 million by 2030, recording a CAGR of 8.1% during the forecast period.

Growing awareness regarding the health benefits of marine collagen to favor market growth

Cosmetics and nutraceuticals equipped with marine collagen are highly beneficial in reducing the early signs of skin aging, wrinkles, and dark spots. In addition, these ingredients are helpful in avoiding joint pain issues. Growing awareness regarding the advantages of marine collagen-based cosmetic and nutraceuticals among youngsters is expected to favor the market growth. Furthermore, technological advancements in the development of fish collagen-based cosmetic and functional food items are likely to support the future development of the marine collagen market.     

Within the report, the market is segmented into source, animal, application, and geography. On the basis of source, the market is bifurcated into skin scale and muscles, bones & tendons, and others. On the basis of animal, the market is categorized into fish, crustaceans, mollusks, and others. By application, the market is segregated into nutraceuticals, cosmetics, medical, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Rising demand for marine collagen-based nutritious drinks to fuel market

Nowadays, youngsters are increasingly using marine collagen-based skincare products and health supplements to enhance their beauty and maintain overall health. This aspect is likely to fuel the market growth. In addition, busy working lifestyle and increasing dietary preferences for the processed fish food items is expected to accelerate the market growth during 2022-2030. Also, governmental support in the development of the aquaculture industry for uplifting the fish cultivation capability is expected to favor the market growth. 

Increasing incidences of joint pain among aged population to drive market

Marine collagen is essentially used in health supplements to lower the aged population’s joint pain and weakness issues. Hence, increasing number of aged population is expected to accelerate the medical segment growth. Cosmetic segment is mainly driven by rising consumer demand for the marine collagen-based anti-aging skincare products. Nutraceuticals segment in mainly driven by the rising consumer demand for the nutritious confectionery and fine food items.    

Get more information on this report :

Recent strategic developments in marine collagen market

The marine collagen market has undergone several significant developments, and a few of these have been mentioned below:

  • In June 2021, BDF Natural Ingredients, a biotech company specialized in the manufacturing of the food and cosmetics launched BDF Naturlagen Premium Wild-Caught Marine Collagen, a new hydrolyzed collagen powder made of skins of deep ocean fish such as cod, haddock, and pollock. 
  • In January 2021, Rousselot launched MSC-certified marine collagen peptides to increase its portfolio of sustainably sourced premium nutricosmetics and dietary supplements. 
  • In January 2019, ActivLayr, a New Zealand-based producer of marine collagen launched a nanofibre-based eye mask product in Singapore. The product is equipped with kiwi fruit extract and a natural collagen ingredient obtained from hoki fish.

The marine collagen market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Amicogen Inc., Beijing taiaitai Biotechnology Co. Ltd., GELITA AG, Nippi Inc., BHN International Co. Ltd. are among the prominent players operating in the market.

Target audience for the report:

  • Nutraceutical manufacturers and suppliers
  • Medicine manufacturers and suppliers
  • Cosmetic manufacturers, suppliers, and distributors.
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Source
    • Skin Scale and Muscles
    • Bones & tendons
    • Others
  • Animal
    • Fish
    • Crustaceans
    • Mollusks
    • Others
  • Application:
    • Nutraceuticals
    • Cosmetics
    • Medical
    • Others
  • Companies profiled
    • Amicogen Inc.
    • Beijing taiaitai Biotechnology Co. Ltd.
    • GELITA AG
    • Nippi Inc.
    • BHN International Co. Ltd.

Companies profiled

- Amicogen Inc.

- Beijing taiaitai Biotechnology Co. Ltd.

- GELITA AG

- Nippi Inc.

- BHN International Co. Ltd.

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