Press Release

Jul, 18 2023

Marine Collagen Market: Surging Demand for Natural and Sustainable Ingredients

Marine collagen is classified as type I and type III collagen, which is a type of fibrous protein obtained from the scales or meat of sea fish. It is the purest and most potent form of collagen produced from red snapper and salmon. This collagen is thought to be a building block for flexible, long-lasting bones, skin, and connective tissues. Since it is often gathered from discarded fish parts, marine collagen is both environmentally benign and sustainable.

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Data Bridge Market Research analyses that the Marine Collagen Market was valued at USD 934.06 million in 2021 and is expected to reach the value of USD 1,522.79 million by 2029, at a CAGR of 6.30% during the forecast period of 2022 to 2029. There are a number of new and innovative marine collagen products being developed. These products are designed to address a variety of needs, such as improving skin elasticity, reducing joint pain, and boosting hair growth. The development of these new products is driving the growth of the marine collagen market.

Marine Collagen Market

Growing demand for sustainable and natural ingredients is expected to drive the market's growth rate

Marine collagen is a natural and sustainable ingredient that has a number of health benefits, including improving skin elasticity, reducing joint pain, and boosting hair growth. As consumers become more aware of these benefits, the demand for marine collagen is increasing. There is a growing trend towards using natural and sustainable ingredients in beauty and wellness products. Marine collagen is a natural and sustainable ingredient that is also vegan and cruelty-free. This makes it a popular choice for consumers who are looking for these qualities in their products.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014- 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Type I, Type II, Type III, Type IV), Source (Skin, Scales, and Muscles, Bones & Tendons and Others), Animals (Fish and Others), Application (Medical, Nutraceuticals, Cosmetics and Others)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

ProPlenish (U.S.), Vital Proteins LLC (U.S.), Certified Nutraceuticals Inc. (Canada), Nutrawise Health & Beauty Corporation (U.S.), Norland Products Inc. (U.S.), Darling Ingredients Inc. (U.S.), ETChem (U.S.), Vinh Hoan Corporation (Vietnam), COBIOSA (Spain), BESTSKIN USA (U.S.), Ashland (U.S.), LAPI GROUP SpA (Italy), SAS Gelatines Weishardt (Switzerland), HiMedia Laboratories (India), Seagarden AS (Norway), Nitta Gelatin Inc. (Japan), Amicogen, Inc. (U.S.), Nippi. Inc. (Japan) BHN Co., Ltd. (South Korea), Juncà Gelatines SL (Spain), HUM Nutrition Inc. (U.S.)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis:

The marine collagen market is segmented on the basis of type, source, functionality, animals and application.

  • On the basis of type, the marine collagen market is segmented into type I, type II, type III, type IV.

Type I segment dominates the type segment of the global marine collagen market

The segment that dominates the marine collagen market on the basis of type is Type I. This segment accounted for a market share of 57.7% as type I collagen is the most abundant type of collagen in the human body. Type I collagen is a well-established ingredient in a variety of beauty and wellness products and is relatively easy to extract from marine sources.

  • On the basis of source, the marine collagen market is segmented into plant, seaweed, animal, microbial, and synthetic. The animal source segment dominates the marine collagen market with a market share of over 90%. This is because marine collagen is extracted from fish, which is a readily available and abundant source of collagen.
  • On the basis of functionality, the marine collagen market is segmented into skin, scales, and muscles, bones & tendons and others. The skin, scales, and muscles segment dominates the marine collagen market with a market share of over 60%. This is because this segment includes the most common types of marine collagen, which are used in a variety of applications, such as cosmetics, nutraceuticals, and medical devices.
  • On the basis of animals, the marine collagen market is segmented into fish and others. The fish segment dominates the marine collagen market with a market share of over 95%. This is because fish is the most common source of marine collagen, and it is also the most cost-effective source.
  • On the basis of application, the marine collagen market are segmented into medical, nutraceuticals, cosmetics and others.

Nutraceuticals dominates the application segment of the global marine collagen market

The nutraceuticals segment dominates the marine collagen market with a market share of over 50%. This is because marine collagen is increasingly being used as a dietary supplement to improve joint health, skin health, and hair health.

Major Players

Data Bridge Market Research recognizes the following companies as the major market players: ProPlenish (U.S.), Vital Proteins LLC (U.S.), Certified Nutraceuticals Inc. (Canada), Nutrawise Health & Beauty Corporation (U.S.), Norland Products Inc. (U.S.), Darling Ingredients Inc. (U.S.), ETChem (U.S.), Vinh Hoan Corporation (Vietnam), COBIOSA (Spain), BESTSKIN USA (U.S.), Ashland (U.S.), LAPI GROUP SpA (Italy), SAS Gelatines Weishardt (Switzerland), HiMedia Laboratories (India), Seagarden AS (Norway), Nitta Gelatin Inc. (Japan), Amicogen, Inc. (U.S.), Nippi. Inc. (Japan) BHN Co., Ltd. (South Korea), Juncà Gelatines SL (Spain), HUM Nutrition Inc. (U.S.).

Marine Collagen Market

Market Development

  • In 2023, PB Leiner launched a new line of marine collagen products in February. The new line includes a variety of products, such as powders, capsules, and gummies. The products are designed to improve joint health, skin health, and hair health. PB Leiner is a leading supplier of marine collagen products, and the launch of this new line is a sign of the growing demand for marine collagen products.
  • In 2023, Marine Biopolymers announced a new partnership with a leading cosmetics company in January. The partnership will see Marine Biopolymers supply its marine collagen to the cosmetics company for use in its skincare products. Marine Biopolymers is a leading supplier of marine collagen ingredients, and the partnership with this leading cosmetics company is a sign of the growing demand for marine collagen in the cosmetics industry.
  • In 2022, GELITA AG launched a new marine collagen product in December. The new product is a powder that is designed to be mixed into drinks or foods. The product is designed to improve joint health and skin health. GELITA AG is a leading supplier of collagen ingredients, and the launch of this new product is a sign of the growing demand for marine collagen in the food and beverage industry.
  • In 2022, NeoCell Corporation announced that it had acquired a leading marine collagen company in November. The acquisition will give NeoCell Corporation a significant market share in the marine collagen market. NeoCell Corporation is a leading supplier of marine collagen products, and the acquisition of this leading marine collagen company is a sign of the company's commitment to the marine collagen market.
  • In 2022, Marine Collagen International announced that it had raised $10 million in funding in October. The funding will be used to expand Marine Collagen International's production capacity and to develop new marine collagen products. Marine Collagen International is a leading supplier of marine collagen ingredients, and the funding will help the company to meet the growing demand for marine collagen products.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in the marine collagen market during the forecast period 2022-2029

The Asia-Pacific region is the largest market for marine collagen. This is due to the rising consumer awareness of the beauty and wellness benefits of marine collagen, as well as the growing demand for natural and sustainable ingredients in the region. The region is home to a large and growing middle class with increasing disposable income. This is leading to an increase in demand for beauty and wellness products, including those containing marine collagen.

North America is estimated to be the fastest growing region in the marine collagen market in the forecast period 2022-2029

North America is the fastest growing market for marine collagen. North America is home to a number of key players in the marine collagen market, such as NeoCell Corporation, Marine Biopolymers, and Marine Collagen International. These companies are investing in research and development, as well as marketing and distribution, to drive growth in the region.

For more detailed information about the marine collagen market report, click here – https://www.databridgemarketresearch.com/reports/global-marine-collagen-market


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