Marine Collagens Market Analysis and Global Forecast 2023-2033
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Marine Collagens Market Research Report: Information By Type (Type I, Type III, Other type), By Application (Nutraceuticals, Cosmetics, Medical, Other application), and by Region — Forecast till 2033
Page: 165
Marine Collagens Market Overview
The Marine Collagens Market Size is expected to reach USD 607.2 Billion by 2033. The Marine Collagens Market industry size accounted for USD 397.3 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.41% from 2023 to 2033. The Marine Collagen Market refers to the global industry involved in the production, distribution, and sale of collagen derived from marine sources. Collagen is a protein that provides structural support to various tissues in the human body, including skin, bones, and cartilage. Marine collagen is obtained primarily from fish, such as cod, salmon, and tilapia, and is gaining popularity due to its potential health benefits and environmental sustainability compared to bovine or porcine collagen.
The marine collagen market is a dynamic and growing industry with promising prospects for the future. As consumer preferences continue to shift towards natural and sustainable products, the demand for marine collagen is expected to rise further.
Global Marine Collagens Market Synopsis
Marine Collagens Market Dynamics
The major factors that have impacted the growth of Marine Collagens Market are as follows:
Drivers:
Ø Technological Advancements in Extraction and Production
Advances in biotechnology have enhanced the efficiency and yield of marine collagen extraction, making the production process more cost-effective and scalable. Ongoing research and development are leading to innovative applications and new product formulations, such as marine collagen peptides, which are easier to incorporate into various products. Marine collagen is being increasingly used in medical applications, including wound healing and tissue engineering, due to its biocompatibility and effectiveness in promoting tissue regeneration.
Restraint:
- Perception of High Production Costs
The process of extracting collagen from marine sources, particularly ensuring high purity and bioavailability, can be complex and expensive. This leads to higher production costs compared to other sources of collagen, such as bovine or porcine. The higher costs of marine collagen products can limit their affordability, especially in price-sensitive markets, restricting their adoption among a broader consumer base.
Opportunity:
⮚     Innovation in Product Development
There is an opportunity to develop innovative marine collagen products, such as ready-to-drink beverages, collagen-infused snacks, and functional foods that cater to the growing demand for convenience and health benefits. Developing customized marine collagen products tailored to individual health and beauty needs, supported by advancements in AI and biotechnology, can appeal to consumers seeking personalized solutions. The shift towards online shopping presents an opportunity for marine collagen brands to expand their reach through e-commerce platforms. Leveraging digital marketing, social media, and influencer partnerships can drive online sales.
Marine Collagens Market Segment Overview
By Type
Based on Type, the market is segmented based on Type I, Type III and Other type. The Type I segment dominant the market. The demand for Type I marine collagen is expected to increase due to its demonstrated benefits in improving skin health boosting anti-aging effects, and supporting overall wellness. Type I marine collagen coincides with changing customer expectations in the beauty and wellness industries which prioritise natural, sustainable products.
By Application
Based on Application, the market has been divided into Nutraceuticals, Cosmetics, Medical and Other application. The nutraceuticals segment dominant the market and Its expected to increase due to its numerous health benefits. Marine collagen which has been shown to improve joint health, skin elasticity, and overall well-being, is in line with the growing consumer interest in holistic and natural diet. As the nutraceutical market emphasises functional components, marine collagen’s ability to improve joint function, skin renewal, and other health benefits positions it as a popular supplement.
Global Marine Collagens Market Regional Analysis
Based on region, the global Marine Collagens Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Marine Collagens Market followed by the Asia-Pacific and Europe regions.
Marine Collagens North America Market
North America holds a dominant position in the Marine Collagens Market. North America is a significant market for marine collagen, particularly in the U.S. and Canada, where there is growing interest in health and wellness products. The increasing focus on natural and sustainable health supplements drives demand for marine collagen in this region and marine collagen is gaining traction as an ingredient in nutricosmetics, appealing to consumers interested in beauty-from-within products.
Marine Collagens Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Marine Collagens Market industry. Asia-Pacific is one of the largest and fastest-growing markets for marine collagen, driven by strong consumer demand for beauty and health products. Countries like Japan, South Korea, and China are leading the market due to their longstanding traditions of using collagen in skincare and dietary supplements and the region is known for its rapid innovation in cosmetics and nutraceuticals, with companies continuously developing new marine collagen-based products.
Competitive Landscape
The global Marine Collagens Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.
Prominent Players:
- ASHLAND
- Darling Ingredients
- Nitta Gelatin
- GELITA
- Italgelatine
- NIPPI COLLAGEN
- Weishardt
- Titan Biotech Limited.
- Amicogen
- Seagarden
Key Development
In July 2023, CHOSEN® by Dermatology, a prominent skincare brand in India, debuted the TOR™ Mighty Marine Collagen in natural pomegranate flavour.
In June 2023, Z Natural Foods, a well-known producer of high-quality natural powders, will introduce hydrolyzed marine collagen peptides.
Scope of the Report
Global Marine Collagens Market, by Type
- Type I
- Type III
- Other type
Global Marine Collagens Market, by Application
- Nutraceuticals
- Cosmetics
- Medical
- Other application
Global Marine Collagens Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: $607.2 Billion |
| CAGR | 4.41% CAGR (2023-2033) |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Type, Application |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | ASHLAND, Darling Ingredients, Nitta Gelatin, GELITA, Italgelatine, NIPPI COLLAGEN, Weishardt, Titan Biotech Limited., Amicogen and Seagarden |
| Key Market Opportunities | • Innovation in Product Development |
| Key Market Drivers | • Technological Advancements in Extraction and Production |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Marine Collagens Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Marine Collagens Market historical market size for the year 2021, and forecast from 2023 to 2033
- Marine Collagens Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Marine Collagens Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
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Frequently Asked Questions (FAQ)
What is the growth rate of the global Marine Collagens Market?
The global Marine Collagens Market is growing at a CAGR of 4.41% over the next 10 years
Which region has the highest growth rate in the market of Marine Collagens Market?
Asia Pacific is expected to register the highest CAGR during 2023-2033
Which region has the largest share of the global Marine Collagens Market?
North America holds the largest share in 2022
Who are the key players in the global Marine Collagens Market?
ASHLAND, Darling Ingredients, Nitta Gelatin, GELITA, Italgelatine, NIPPI COLLAGEN, Weishardt, Titan Biotech Limited., Amicogen and Seagarden. are the major companies operating in the market.
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Table of Content
Chapter 1. Executive Summary Chapter 2. Scope Of The Study 2.1. Market Definition 2.2. Scope Of The Study 2.2.1. Objectives of Report Chapter 3. Evolve BI Methodology Chapter 4. Market Insights and Trends 4.1. Supply/ Value Chain Analysis 4.2. Porter’s Five Forces Analysis 4.2.1. Threat Of New Entrants 4.2.2. Bargaining Power Of Buyers 4.2.3. Bargaining Power Of Suppliers 4.2.4. Threat Of Substitutes 4.2.5. Industry Rivalry 4.3. Impact of COVID-19 on Marine Collagens Market 4.3.1. Impact on Market Size 4.3.2. End User Trend, Preferences, and Budget Impact 4.3.3. Regulatory Framework/Government Policies 4.3.4. Key Players Strategy to Tackle Negative Impact 4.3.5. Opportunity Window Chapter 5. Market Dynamics 5.1. Introduction 5.2. DRO Analysis 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities Chapter 6. Global Marine Collagens Market, By Type 6.1. Introduction 6.2. Type I 6.3. Type III 6.4. Other type Chapter 7. Global Marine Collagens Market, By Application 7.1. Introduction 7.2. Nutraceuticals 7.3. Cosmetics 7.4. Medical 7.5. Other application Chapter 8. Global Marine Collagens Market, By Region 8.1. Introduction 8.2. North America 8.2.1. Introduction 8.2.2. Driving Factors, Opportunity Analyzed and Key Trends 8.2.3. Market Size and Forecast, By Country, 2020 - 2028 8.2.4. Market Size and Forecast, By Type, 2020 - 2028 8.2.5. Market Size and Forecast, By Application, 2020 – 2028 8.2.6. US 8.2.6.1. Introduction 8.2.6.2. Driving Factors, Opportunity Analyzed and Key Trends 8.2.6.3. Market Size and Forecast, By Type, 2020 - 2028 8.2.6.4. Market Size and Forecast, By Application, 2020 - 2028 8.2.7. Canada 8.2.7.1. Introduction 8.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends 8.2.7.3. Market Size and Forecast, By Type, 2020 - 2028 8.2.7.4. Market Size and Forecast, By Application, 2020 - 2028 8.3. Europe 8.3.1. Introduction 8.3.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.3. Market Size and Forecast, By Country, 2020 - 2028 8.3.4. Market Size and Forecast, By Type, 2020 - 2028 8.3.5. Market Size and Forecast, By Application, 2020 – 2028 8.3.6. Germany 8.3.6.1. Introduction 8.3.6.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.6.3. Market Size and Forecast, By Type, 2020 - 2028 8.3.6.4. Market Size and Forecast, By Application, 2020 - 2028 8.3.7. France 8.3.7.1. Introduction 8.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.7.3. Market Size and Forecast, By Type, 2020 - 2028 8.3.7.4. Market Size and Forecast, By Application, 2020 - 2028 8.3.8. UK 8.3.8.1. Introduction 8.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.8.3. Market Size and Forecast, By Type, 2020 - 2028 8.3.8.4. Market Size and Forecast, By Application, 2020 - 2028 8.3.9. Italy 8.3.9.1. Introduction 8.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.9.3. Market Size and Forecast, By Type, 2020 - 2028 8.3.9.4. Market Size and Forecast, By Application, 2020 - 2028 8.3.10. Rest Of Europe 8.3.10.1. Introduction 8.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends 8.3.10.3. Market Size and Forecast, By Type, 2020 - 2028 8.3.10.4. Market Size and Forecast, By Application, 2020 - 2028 8.4. Asia-Pacific 8.4.1. Introduction 8.4.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.3. Market Size and Forecast, By Country, 2020 - 2028 8.4.4. Market Size and Forecast, By Type, 2020 - 2028 8.4.5. Market Size and Forecast, By Application, 2020 - 2028 8.4.6. China 8.4.6.1. Introduction 8.4.6.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.6.3. Market Size and Forecast, By Type, 2020 - 2028 8.4.6.4. Market Size and Forecast, By Application, 2020 - 2028 8.4.7. India 8.4.7.1. Introduction 8.4.7.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.7.3. Market Size and Forecast, By Type, 2020 - 2028 8.4.7.4. Market Size and Forecast, By Application, 2020 - 2028 8.4.8. Japan 8.4.8.1. Introduction 8.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.8.3. Market Size and Forecast, By Type, 2020 - 2028 8.4.8.4. Market Size and Forecast, By Application, 2020 - 2028 8.4.9. South Korea 8.4.9.1. Introduction 8.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.9.3. Market Size and Forecast, By Type, 2020 - 2028 8.4.9.4. Market Size and Forecast, By Application, 2020 - 2028 8.4.10. Rest Of Asia-Pacific 8.4.10.1. Introduction 8.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends 8.4.10.3. Market Size and Forecast, By Type, 2020 - 2028 8.4.10.4. Market Size and Forecast, By Application, 2020 - 2028 8.5. Rest Of The World (RoW) 8.5.1. Introduction 8.5.2. Driving Factors, Opportunity Analyzed and Key Trends 8.5.3. Market Size and Forecast, By Type, 2020 - 2028 8.5.4. Market Size and Forecast, By Application, 2020 - 2028 8.5.5. Market Size and Forecast, By Region, 2020 - 2028 8.5.6. South America 8.5.6.1. Introduction 8.5.6.2. Driving Factors, Opportunity Analyzed and Key Trends 8.5.6.3. Market Size and Forecast, By Type, 2020 - 2028 8.5.6.4. Market Size and Forecast, By Application, 2020 - 2028 8.5.7. Middle East and Africa 8.5.7.1. Introduction 8.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends 8.5.7.3. Market Size and Forecast, By Type, 2020 - 2028 8.5.7.4. Market Size and Forecast, By Application, 2020 - 2028 Chapter 9. Competitive Landscape 9.1. Introduction 9.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020 Chapter 10. Company Profiles 10.1. ASHLAND 10.1.1. Business Overview 10.1.2. Financial Analysis 10.1.3. Product Portfolio 10.1.4. Recent Development and Strategies Adopted 10.1.5. SWOT Analysis 10.2. Darling Ingredients 10.2.1. Business Overview 10.2.2. Financial Analysis 10.2.3. Product Portfolio 10.2.4. Recent Development and Strategies Adopted 10.2.5. SWOT Analysis 10.3. Nitta Gelatin 10.3.1. Business Overview 10.3.2. Financial Analysis 10.3.3. Product Portfolio 10.3.4. Recent Development and Strategies Adopted 10.3.5. SWOT Analysis 10.4. GELITA 10.4.1. Business Overview 10.4.2. Financial Analysis 10.4.3. Product Portfolio 10.4.4. Recent Development and Strategies Adopted 10.4.5. SWOT Analysis 10.5. Italgelatine 10.5.1. Business Overview 10.5.2. Financial Analysis 10.5.3. Product Portfolio 10.5.4. Recent Development and Strategies Adopted 10.5.5. SWOT Analysis 10.6. Woolworths Ltd. 10.6.1. Business Overview 10.6.2. Financial Analysis 10.6.3. Product Portfolio 10.6.4. Recent Development and Strategies Adopted 10.6.5. SWOT Analysis 10.7. NIPPI COLLAGEN 10.7.1. Business Overview 10.7.2. Financial Analysis 10.7.3. Product Portfolio 10.7.4. Recent Development and Strategies Adopted 10.7.5. SWOT Analysis 10.8. Kroger Company 10.8.1. Business Overview 10.8.2. Financial Analysis 10.8.3. Product Portfolio 10.8.4. Recent Development and Strategies Adopted 10.8.5. SWOT Analysis 10.9. Weishardtc. 10.9.1. Business Overview 10.9.2. Financial Analysis 10.9.3. Product Portfolio 10.9.4. Recent Development and Strategies Adopted 10.9.5. SWOT Analysis 10.10. Titan Biotech Limited. 10.10.1. Business Overview 10.10.2. Financial Analysis 10.10.3. Product Portfolio 10.10.4. Recent Development and Strategies Adopted 10.10.5. SWOT Analysis 10.11. Amicogen 10.11.1. Business Overview 10.11.2. Financial Analysis 10.11.3. Product Portfolio 10.11.4. Recent Development and Strategies Adopted 10.11.5. SWOT Analysis 10.12. Seagarden 10.12.1. Business Overview 10.12.2. Financial Analysis 10.12.3. Product Portfolio 10.12.4. Recent Development and Strategies Adopted 10.12.5. SWOT Analysis Chapter 11. Key Takeaways
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