Marine Collagen Market Outlook
According to the report by Expert Market Research (EMR), the global marine collagen market size is projected to grow at a CAGR of 7.2% between 2024 and 2032. Aided by the rising demand for sustainable and health-promoting products, the market is expected to grow significantly by 2032.
Marine collagen, derived primarily from fish skin, scales, and bones, has emerged as a sought-after ingredient in the health, beauty, and food industries. It is a type of collagen that is easily absorbed by the human body and is known for its benefits in promoting skin health, joint mobility, and overall wellness. The increasing consumer awareness of these health benefits is a significant driver of the marine collagen market growth.
One of the key factors propelling the growth of the marine collagen market is the rising demand in the nutraceuticals sector. Marine collagen is widely used in dietary supplements owing to its high protein content and amino acid profile, which are essential for various bodily functions, including skin elasticity, bone strength, and joint health. This demand is particularly strong in the aging population, who are seeking natural ways to maintain health and vitality.
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In the cosmetics and personal care industry, marine collagen is revered for its anti-ageing properties. It is a key ingredient in skincare products such as creams, serums, and masks, as well as in haircare and nailcare products. The ability of marine collagen to improve skin hydration, reduce wrinkles, and promote a youthful appearance has made it a popular ingredient in beauty products.
As per the marine collagen market analysis, the food and beverage industry is increasingly incorporating marine collagen in functional foods and drinks. As consumers become more health-conscious, there is a growing preference for foods and beverages that offer added health benefits. Marine collagen is being utilised in products like protein bars, drinks, and even confectionery to cater to this trend.
Another factor influencing the marine collagen market outlook is the shift towards sustainable and ethical sourcing of ingredients. Marine collagen, often sourced from by-products of the fishing industry, is seen as an environmentally friendly alternative to land-animal-derived collagen. This aspect appeals to the growing demographic of eco-conscious consumers.
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Marine Collagen Market Segmentation
The market can be divided based on application, type, animal, source, and region.
Market Breakup by Application
- Nutraceuticals
- Cosmetics
- Medical
- Others
Market Breakup by Type
- Type-I
- Type-III
- Others
Market Breakup by Animal
- Fish
- Others
Market Breakup by Source
- Skin, Scales, And Muscles
- Bones and Tendons
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global marine collagen market. Some of the major players explored in the report by Expert Market Research are as follows:
- Titan Biotech Limited
- Ashland Global Specialty Chemicals Inc.
- Darling Ingredients Inc.
- Weishardt Holding SA
- Gelita AG
- Others
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