The global
marine collagen market is foreseen to grow by 8.1%, from USD 764.1 Million in
2021 to USD 1424.8 Million in 2029. Consumer inclination toward a healthy
lifestyle and high protein consumption, increasing demand for marine collagen
in the cosmetics industry, rise in R&D activities, and growing by-product
utilization due to the growth of the fish processing industry are some of the
factors driving the market for the estimated forecast period. However, high
import duty and side effects of marine collagen are seen to hamper the market
growth for the estimated period.
Market Definition
What is Marine Collagen
Market?
Marine collagen
emanates from fish collagen peptides as it has the highest, most bioavailable source
of collagen available on the market. Marine, or fish, collagen comes from
fish's skin and is used in supplements or use cosmetics.
Market Overview
The
marine collagen market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the Marine collagen market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global Marine collagen market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Marine collagen
Market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, and technological advancement in the Marine collagen
market and highlights the optimistic, competitive landscape and trends enduring
over the years.
Major players in
the marine collagen market include Amicogen, Ashland,
BHN, Certified Nutraceuticals Inc., Connoils, Darling Ingredients, Etchem,
Formulator Sample Shop, Gelita, Hangzhou Nutrition Biotechnology, Italgelatine,
Jellagen, Lapi Gelatine, Ningbo Nutrition Food Technology, Nippi Collagen Na
Inc. (Nippi Inc.), Nitta Gelatin Na Inc., Nutrachoice, Seagarden, Taiaitai,
Titan Biotech Limited, Vital Proteins, Weishardt Group.
COVID-19 Impact on Global Marine
Collagen Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Marine collagen Market
has forced the companies to change their sourcing, pricing, and promotion
strategies. The Marine collagen market players are seen focusing more on
optimizing the E-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the food and beverage
industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Marine collagen
Market future markets are analyzed to understand their impact on demand for the
forecast period. Growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global marine collagen market segmented on the basis of source
type, animal type, form, application, and region:
Type
|
Type I
|
Type III
|
Other Types (Other types
include Type II, Type IV, and Type V)
|
|
|
Source Type
|
Bones & tendons
|
Skin, scales, and muscles
|
Others
|
|
|
Animal Type
|
Fish
|
Others
|
|
Jellyfish
|
|
Sea Urchin Waste
|
|
Mollusks
|
|
Sponges
|
|
Other Invertebrates
|
|
|
Application
|
Cosmetics
|
Medical
|
Nutraceuticals
|
Others
|
Type Outlook:
On the basis of
Type, the market is segmented into Type I, Type III, Other Types.
Figure 1 Type Outlook (Revenue, USD Million,
2021)