Marine Collagen Market

Global Marine Collagen Market Size (2024 to 2029)

The size of Global Marine Collagen Market is expected to be at USD 0.95 billion in 2024 to reach an extent of USD 1.35 billion by the end of 2029 with a CAGR of 7.40% 

Marine collagen has a low molecular weight compared to other types of collagen, providing better healing, nutrition, and repair. Also, it has a high bioavailability and is rich in amino acids such as glycine and proline. The marine collagen supplement stimulates the synthesis of collagen in the bones, promoting bone cells. Marine collagens are obtained from a variety of sources including tendons, bones, muscles, scales, and skin. Fish are considered a larger segment. It is one of the most widely used marine animals for the extraction of marine collagen. In addition to fish, many other marine animals such as jellyfish and sponges are also used for the extraction of marine collagen. It can also be useful for the treatment of many acute and chronic diseases such as infections, hypertension, cancer and Alzheimer's disease.

MARKET DRIVERS

The increasing demand for processed foods to offer functional foods infused with collagen presents significant opportunities for the growth of the global marine collagen market. The Asia-Pacific region has the highest demand for functional food products due to population growth, rising disposable incomes, and changes in consumer lifestyles.

Marine collagen offers better bioavailability compared to collagen from other animal sources such as pig or bovine due to its lower molecular weight and smaller chains. Marine collagen is absorbed into the bloodstream instantly after consumption. The absorption rate of marine collagen is 1.5 times higher than that of other types of collagen. It helps to achieve the desired effects in the body, such as tissue regeneration and bone remineralization. The smaller particle size of fish collagen makes it the most preferred choice over other types of collagen. Bioavailability is a critical parameter that decides the effectiveness of any nutraceutical. This parameter is driving the growth of the global marine collagen market in the nutraceutical and medical segments.

MARKET RESTRAINTS

Increasing health problems such as allergies, obesity, blood pressure, diabetes and many other problems are causing concern among consumers about the use of certified products. Various regulatory authorities, such as the WHO, the Joint Committee of Experts on Food Additives (JECFA), the US FDA and the European Commission recommend restricting the sale of certain ingredients that do not comply with its guidelines.

Consumers also prefer to use clean label products to ensure consumer health and safety. Also, growing concerns about GMO products are also pushing consumers to buy certified "GMO-free" food products. Therefore, the launch of certified collagen products, such as "GMO-free" marine collagen, offers a growth opportunity for the market. Shift of consumer orientation towards processed food products such as frozen food and prepared meals due to changes in lifestyles. For better marketing, the use of marine collagen to improve the organoleptic characteristics of food and beverages offers an opportunity for market growth. With the growing preference for ready meals, the opportunities for the marine collagen market are expanding.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Marine Collagen Market Analysis By Type

 the marine collagen market is segmented into Type I, Type III and others. The type I segment is estimated to dominate the market with the highest participation in 2018, as type I is the most abundant collagen in the human body and plays an important role in the extracellular matrix of skin, bones and fabrics. Collagen Type I improves the quality of hair and nails, thereby increasing their growth. Due to its general benefits, the demand for Type I marine collagen is increasing in both cosmetics and medical applications. This is followed by the type III segment.

Global Marine Collagen Market Analysis By Application

Marine collagen is often considered a direct dietary supplement due to its high protein content and general benefits such as promoting bone growth and anti-aging properties.

REGIONAL ANALYSIS

Giants in North America, the United States, and Canada have promoted fishing for centuries, and the fisheries associated with the countries provide extreme returns, enough to make them the world's largest fisheries. Excess fish caught in the sea is often used in collagen production and for many other purposes. Local industries benefit greatly from the availability of fish at lower prices, and as a result, the collagen industry is thriving in the region. However, due to the modification of fishing guidelines for the prevention of overfishing, marine litter has decreased somewhat.

KEY PLAYERS IN MARINE COLLAGEN MARKET

Key Players In Marine Collagen Market are Weishardt Group, Nitta Gelatin, Nippi Incorporated, Darling Ingredients, Seagarden AS.

RECENT HAPPENINGS IN THE MARKET

• Ashland has acquired Pharmachem Laboratories (USA), which is a global player in the supply and manufacture of ingredients for health and wellness. Pharmachem labs operate with 14 manufacturing sites in the United States and Mexico.
• Amicogen acquired 895,000 shares in Bio-Work Technologies (Sweden) and now owns 9.1% of the company's capital.
• Gelita invested 10.06 million dollars (10.4 million euros) in 2016 in its factory in Eberbach for the construction of state-of-the-art facilities. Four new washing drums, an expansion of sheet drying capacity, a new robot and a fully automatic acid dilution plant will help further optimize production processes from an ecological and economic point of view in the future.

DETAILED SEGMENTATION OF GLOBAL MARINE COLLAGEN MARKET INCLUDED IN THIS REPORT    

This research report on the global marine collagen market has been segmented and sub-segmented based on source, type, application & region.     

By Source

• Skin
• Scales 
• Muscles
• Bones 
• Tendons

By Type

• Type
• Type I
• Type II
• Type III

 By Application

• Nutraceuticals
• Cosmetics
• Medications

By Region

• North America
• Asia Pacifica
• Europe
• Latin America
• Middle East and Africa