Marine Collagen - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Marine Collagen Market is accounted for $721.03 million in 2020 and is expected to reach $1,534.40 million by 2028 growing at a CAGR of 9.9% during the forecast period. The growing demand for marine collagen in the cosmetics industry and the increase in R&D activities are the factors driving the market growth. However, the side effects of marine collagen is the factor hampering the growth of the market.
Marine collagen is also known as fish collagen. It refers to fibrous protein, which is extracted from the scales or skin of saltwater fish such as cod and salmon. Marine collagen offers various benefits like antibacterial effects, enhances skin, boosts metabolism, hair & nails, and stabilizes blood sugar, reduces inflammation, and helps with joint pain, and many others.
Based on the type, the type I marine collagen segment is going to have lucrative growth during the forecast period owing to the multitude of health benefits it offers, such as joint treatment, bone growth promotion, maintenance of hair, nails and teeth, and its effectiveness as a protein source. By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing supplementary income, surging internet penetration which has led to awareness regarding beauty and wellness trends, and high demand for cosmetic and nutraceutical products in countries like China and Japan.
Some of the key players profiled in the Marine Collagen Market include Amicogen Inc, Ashland, Beijing Taiaitai Biotechnology Co.Ltd, Darling Ingredients, ET Chem, Gelita, Hangzhou Nutrition Biotechnology, Jellagen, Lapi Gelatine, Ming Chyi Biotechnology Ltd, Ningbo Nutrition Food Technology Co., Ltd , Nitta Gelatin India Ltd, Seagarden, Titan Biotech Limited, and Weishardt.
• Liquid (Capsules)
• Powder (Pills)
• Type I Marine Collagen
• Type III Marine Collagen
• Other Types
• Bones and Tendons
• Skin, Scales, and Muscles
• Other Sources
• Food Grade
• Pharmaceuticals Grade
• Other Animals
• Dietary Supplements
• Functional Food & Beverages
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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