Marine Collagen Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.35 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Marine Collagen Market Analysis
Global Marine Collagen Market is projected to grow at a CAGR of 7.35% during the forecast period (2020 - 2025).
- The demand for marine collagen is gaining pace among a large consumer base, backed up by a high disposable income in the developed countries, where collagen-based products are selling due to their benefits.
- Collagen has an extensive demand in the sports nutrition sector and since the people across the globe are becoming health conscious and are opting for supplements to fulfill their nutritional shortcomings, the market of marine collagen supplements is likely to foresee a strong future over the forecast period in the particular sector.
- The high-end manufacturing capabilities and a versatility in application are also readily contributing to the progress of the marine collagen market.
Marine Collagen Market Trends
This section covers the major market trends shaping the Marine Collagen Market according to our research experts:
Preventive Healthcare Approach is Boosting the Market Growth
Rising preference for supplements for controlling healthcare costs is likely to promote the market growth of marine collagen. The introduction of new delivery forms, scientific evidence to support the claims, along with increased consumer awareness, is expected to fuel the sale of marine collagen-based supplements. A survey of supplement users commissioned by Swiss multinational Lonza and conducted by the Natural Marketing Institute (NMI) found that seven out of ten consumers in Germany, France, and Italy would consider purchasing a joint health product, promoting the market of marine collagen. The increasing consumer awareness about the multiple health benefits associated with collagen including bone, muscle, and joint health, is making it a cost-effective option, resulting in consumers opting for marine-based collagen supplements.
North America is a Major Market for Marine Collagen
The North American giants, United States, and Canada have been promoting fishing for centuries and the fisheries associated with the countries have been providing extreme outputs, enough to make a few of them the largest fisheries in the world. The surplus fish caught from the sea is often utilized in producing collagen and for many other purposes. The local industries are largely benefitted due to the availability of fishes at lesser prices and thus, the collagen industry is flourishing in the region. However, due to the amendment in the fishing guidelines for prevention of over-fishing, marine waste has reduced to an extent.
Marine Collagen Industry Overview
The market is fragmented with the presence of numerous players owing to increasing awareness regarding the benefits of collagen, being spread out among the people through various mediums. The leading players follow the strategy of mergers and acquisitions of leading brands to enter the region. Pertaining to the versatility of marine collagen in terms of use, several manufactures are stepping into the potential market to set up a significant consumer base. Moreover, owing to the continuous demand for marine collagen in skin care cosmetics, key players are increasing their investments in research and development activities, thereby coming up with innovative marine collagen products to gain an edge over their competitors.
Marine Collagen Market Leaders
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Weishardt Group
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Seagarden AS
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Vital Proteins LLC
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Ashland
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Darling Ingredients Inc.
*Disclaimer: Major Players sorted in no particular order
Marine Collagen Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Application
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5.1.1 Nutraceuticals
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5.1.2 Cosmetics
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5.1.3 Food
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5.1.4 Pharmaceuticals
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5.2 By Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 Germany
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5.2.2.2 United Kingdom
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5.2.2.3 France
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5.2.2.4 Italy
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5.2.2.5 Spain
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5.2.2.6 Rest of Europe
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5.2.3 Asia Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 South Korea
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia Pacific
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle East and Africa
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5.2.5.1 Saudi Arabia
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5.2.5.2 South Africa
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5.2.5.3 Rets of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Weishardt Group
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6.4.2 Seagarden AS
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6.4.3 Vital Proteins LLC
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6.4.4 Ashland
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6.4.5 Darling Ingredients Inc.
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6.4.6 Amicogen, Inc.
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6.4.7 Italgelatine S.p.A
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6.4.8 Gelita AG
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Marine Collagen Industry Segmentation
The global marine collagen market is segmented by application into nutraceuticals, cosmetics, food, and pharmaceuticals. The market is also classified by geography into the regions of North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
By Application | |
Nutraceuticals | |
Cosmetics | |
Food | |
Pharmaceuticals |
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Marine Collagen Market Research FAQs
What is the current Global Marine Collagen Market size?
The Global Marine Collagen Market is projected to register a CAGR of 7.35% during the forecast period (2024-2029)
Who are the key players in Global Marine Collagen Market?
Weishardt Group, Seagarden AS, Vital Proteins LLC, Ashland and Darling Ingredients Inc. are the major companies operating in the Global Marine Collagen Market.
Which is the fastest growing region in Global Marine Collagen Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Marine Collagen Market?
In 2024, the North America accounts for the largest market share in Global Marine Collagen Market.
What years does this Global Marine Collagen Market cover?
The report covers the Global Marine Collagen Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Marine Collagen Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Marine Collagen Industry Report
Statistics for the 2024 Marine Collagen market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Marine Collagen analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.