Marine Collagen Market is estimated to be US$ 1333.18 billion by 2030 with a CAGR of 7.4% during the forecast period

Marine collagen is extracted from the outer covering of sponges, jellyfishes and fish offal such as bones, skin, scales and fins. It is composed of glycine, proline, serine, threonine, and methionine. It is taken as food supplements and has various benefits such as helps in aging, muscular fitness and healthy skin etc. Marine collagen has low molecular weight as compared to other collagen types and its supplement stimulates collagen synthesis in the bones supporting bone building cells. Marine collagen consists of Type 1 collagen which is an important component of skin, bone, teeth, muscles, tendons, ligaments, and fascia. One of the primary reasons for the growth of marine collagen market is inclination toward health lifestyles as well as higher consumption of proteins. Significant rise in the usage of collagen as diet in food supplements is another factor that leads the market. Furthermore, in cosmetic industry, marine collagen used as a main ingredient in creams or gels formulation due to its excellent anti-aging and anti-wrinkling properties. This increases demand for marine collagen across the globe is propelling growth of the global marine market. Moreover, increasing adoption of marine collagen in medicine and food processing industry is fueling growth of the target market.

Region Analysis:

Asia pacific is expected to account for largest share in global collagen marine market as compared to other regions. This is due to increase in demand for personal care, beauty products in the countries of the region. North America and Europe witnessed gradual growth rate in this market. 

Key Development:

• In 2021, Darling Ingredients produced Peptan, under its known rousselot brand. This launching helps the company to enter the nutricosmetics market.
• In 2020, two companies Ashland and Schulke & Mayr GmbH gets merged to provide specialty additives supplier and secure strategic positioning in this business.    

Segmentation:

Marine Collagen Market accounted for US$ 657.34 billion in 2020 and is estimated to be US$ 1333.18 billion by 2030 and is anticipated to register a CAGR of 7.4%. Marine Collagen Market is segmented by Type, Application and Region.

• By Type, the Marine Collagen Market is segmented into Type 1, Type 2, and Type 3.
• By application, the Marine Collagen Market is classified into Nutraceuticals, Cosmetics, and Medical.
• By region, Asia-pacific is expected to account for major revenue share in Marine Collagen Market, followed by other regions.

Competitive Analysis:                                                                                                 

Prominent players operating in the marine collagen market include Ashland Global Holdings Inc, Darling Ingredients Inc., Nitta Gelatin Inc., Revital Ltd, Elemis Ltd, Gelita AG, Amicogen, Inc., Weishardt Holding SA, Goop Inc., Unistraw International Limited, Nippi, Incorporated, Seagarden AS, Chinese Peptide Company Ltd., Vital Proteins, LLC, Connoils LLC, and Italgelatine S.p.A.

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