Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 980.54 million | USD 2,364.36 million | 11.63% | 2022 |
The global marine collagen market size was worth around USD 980.54 million in 2022 and is predicted to grow to around USD 2,364.36 million by 2030 with a compound annual growth rate (CAGR) of roughly 11.63% between 2023 and 2030. Rising demand for eco-friendly and all-natural personal care items has been a major factor in the marine collagen market's spectacular growth. According to recent research, the market is anticipated to keep growing, with major players making a contribution to the industry's total share.
Marine collagen is the potent and purest form of collagen that is extracted especially from red snapper and salmon. It comes under the category of type 3 and type 1 collagen which is a very fibrous protein derived from the scales of the sea fish. Such collagen is regarded as the building blocks of the connective tissues, skin, durable bones, and flexible body. Also, it has a low molecular weight when compared to other kinds of collagen. It offers better healing, repair, and nutrition activities. Marine collagen is regarded as the safest source of collagen generation.
The major factor driving the growth of the global marine collagen market is the growing shift in the preferences of consumers regarding personal and beauty care products all across the globe. Collagen is considered to be of high biotechnology interest due to the wide range of utilization in biomedicine, cosmetic, food, science, and several other sectors. The high usage of marine collagen in the beauty care sector is likely to significantly propel the growth of the market significantly during the forecast period.
Marines also accelerate the collagen metabolism by adding thinner muscles which in turn heals the wound and lower scaring effectively. Marine collagen also exhibits the absorption property and thus helps in absorbing calcium, phosphorus, and other minerals that are required to enhance bone strength in the human body. Moreover, the growing usage of marine collagen in the healthcare and pharmaceutical sector is also escalating the growth of the global marine collagen market. The growing research and development activities in the field of marine collagen have also bolstered the growth of the global market and are also expected to create many lucrative growth opportunities in the global marine collagen market.
The global marine collagen market can be segmented into type, source, end-user, and region.
By type, the market can be segmented into type 1, type 3, and others. The type 1 segment accounts for the largest share in the global market as it is the most abundant collagen found in the human body. It plays a crucial role in the extracellular matrix of tissues, bones, and skin. Moreover, the significant increase in demand for the type 1 of marine collagen is further boosting the growth of the segment significantly.
By source, the market can be segmented into bones & tendons, skills & muscles, and others. The skin & muscles segment holds the largest share in the global marine collagen market due to the growing number of applications in the end-user industry.
By end-user, the market can be segmented into medical, cosmetic, nutraceuticals, and others. The nutraceutical segment holds hegemony over others.
By animal, the market can be segmented into fish and others. The fish segment dominates the global marine collagen market.
Report Attributes | Report Details |
---|---|
Report Name | Marine Collagen Market Research Report |
Market Size in 2022 | USD 980.54 million |
Market Forecast in 2030 | USD 2,364.36 million |
Growth Rate | CAGR of 11.63% |
Number of Pages | 214 |
Key Companies Covered | Formulator Sample Shop, Ming Chyi Biotechnology, Ningbo Nutrition Food Technology, BHN, Jellagen, NutraChoice, Certified Nutraceuticals, ETChem, Hangzhou Nutrition Biotechnology, Tai Ai Peptide Group, Seagarden, Amicogen, Titan Biotech Limited, Italgelatine, Weishardt, Nippi Collagen, Nitta Gelatin, Gelita, Darling Ingredients, Ashland. |
Segments Covered | By Type, By Source, By End-User, By Animal, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific accounts for the largest share in the global marine collagen market due to the growing millennial population in the region. The growing disposable income of the people along with the high penetration rate of the internet has significantly boosted the awareness of people regarding the beauty trends all across the globe. Also, the growing demand for nutraceutical and cosmetic products in growing economies like China and Japan has significantly boosted the growth of the regional market.
North America accounts for a considerable share in the global market due to the growing demand from cosmetic sectors for beauty and personal care products.
By Type
By Source
By End-User
By Animal
By Region
FrequentlyAsked Questions
Marine collagen is the potent and purest form of collagen that is extracted especially from red snapper and salmon. It comes under the category of type 3 and type 1 collagen which is a very fibrous protein derived from the scales of the sea fish. Such collagen is regarded as the building blocks of the connective tissues, skin, durable bones, and flexible body.
The marine collagen market accounted for USD 980.54 million in 2022 and is expected to reach USD 2,364.36 million by 2030.
The CAGR value of the marine collagen market is expected to be around of 11.63% during 2023-2030.
Asia Pacific accounts for the largest share in the global marine collagen market due to the growing millennial population in the region.
Some key players of the global marine collagen market are Formulator Sample Shop, Ming Chyi Biotechnology, Ningbo Nutrition Food Technology, BHN, Jellagen, NutraChoice, Certified Nutraceuticals, ETChem, Hangzhou Nutrition Biotechnology, Tai Ai Peptide Group, Seagarden, Amicogen, Titan Biotech Limited, Italgelatine, Weishardt, Nippi Collagen, Nitta Gelatin, Gelita, Darling Ingredients, Ashland.
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