Marine Collagen Ingredients Market

Marine Collagen Ingredients Market Outlook (2023 to 2033)

According to Fact.MR analysis, the demand for marine collagen ingredients is projected to experience steady growth. Its overall valuation is expected to surpass US$ 2,320.6 million by 2033, up from US$ 1,076.8 million in 2023. Over the assessment period from 2023 to 2033, the demand for marine collagen ingredients is forecast to surge at an 8.0% CAGR.

Key Trends Listed by Fact.MR :

• Increase in social awareness about personal well-being boosting the growth of marine collagen
• Rigorous research & development activities in regenerative medicine & wound healing pushing the market
• Increasing use of marine collagen in the food & beverage industry is expected to fuel the growth
• Growing demand for improved anti-aging ingredients in the cosmetics industry paving the way for marine collagen
• Rising demand for marine collagen in the pharmaceutical and nutraceutical industry
• Marine collagen promotes gut health
• Increasing number of retailers and supermarkets offering collagen protein powders & related products.
• Increasing per capita income attributed to increasing demand for premium cosmetics to fuel demand for marine collagen.
• Quality claims and certifications for fish protein concentrate lending credibility to end products.

According to recent market analysis, the rising trend of utilizing natural and highly effective ingredients across various industries continues to drive the demand for marine collagen.

A major factor contributing to its surging demand is its eco-friendly origin which significantly reduces its environmental impact. Further, studies have also shown that marine collagen possesses high bioavailability resulting in easy assimilation by the human body.

Therefore, the applications of marine collagen ingredients across various industries including food, cosmetic and personal care, nutraceuticals, and pharmaceuticals have increased. In the food industry, it is used in functional food and dietary supplements to enhance the nutritional deficiency and skin health of the body.

Similarly, in the cosmetic industry, it is one of the demanding ingredients in skincare products due to its ability to rejuvenate the skin. For instance, according to a paper published in the Journal of Cosmetic Dermatology in March 2021, 50 women between the ages of 45 and 60 who took 10 grams (g) of a marine collagen powdered supplementation for 12 weeks, saw a 35% reduction in wrinkles compared to a placebo powder group.

Earlier collagen used to be extracted from the skin and bones of vertebrate animals, especially swine and bovine, however, the outbreak of bovine spongioform encephalopathy resulted in restrictions on collagen derived from these sources for commercial application which created the need for an alternative source of collagen.

Similarly, the halal status of collagens depends on where it is sourced from. Concern over authenticity and porcine contamination encouraged manufacturers to use marine collagen as it is permitted and considered halal. Hence, it has gained acceptability and popularity from a large consumer base.

Attributes	Key Insights
Estimated Global Marine Collagen Ingredients Market Size (2023E)	US$ 1,076.8million
Projected Marine Collagen Ingredients Market Value (2033F)	US$ 2,320.6 million
Value-based CAGR (2023 to 2033)	8.0%
Top 3 Countries’ Value	US$ 1,521.2 million

According to the Fact.MR analysis, the marine collagen ingredient market recorded a growth of 7.5% from 2018 to 2022. For the forecast period, the market is expected to progress at 8.0% CAGR.

The waste generated during fish processing has the potential to serve as a valuable source for collagen extraction. This discarded material offered a cost-effective solution for businesses seeking to capitalize on the waste-derived collagen.

With an increase in health-conscious individuals seeking safer alternatives to traditional pharmaceutical treatments, the consumption of collagen-based nutraceuticals became widely accepted throughout North America, Europe, and East Asia.

Scientific research also validated the effectiveness of marine collagen-based nutraceuticals in treating certain medical conditions which led to patented formulas being commercially available and accessible to wider audiences.

Similarly, various innovative collagen products were launched in the market, such as collagen coffee, hot chocolate, collagen jellies, and gummies which helped the market to grow during the historic period.

The combination of advanced fish processing technologies and ongoing research efforts led the researchers and manufacturers to explore novel methods of extraction and optimizing collagen properties.

These innovations have created new opportunities in various industries and driven market growth by expanding the range of collagen-based products.

Adjacent Markets Overview :

Collagen Peptide Market :

Attributes	Collagen Peptide Market
CAGR (2023 to 2033)	5.7%
Market Value (2033)	US$ 1227.2 million
Growth Factor	The increase in demand for nutritious products and functional food ingredients during the projection period is both responsible for the market's growth.
Opportunity	Opportunities for market expansion are being provided by increasing research and exploration efforts in the search for new Collagen Peptides.
Key Trends	Athletes and fitness enthusiasts are incorporating collagen peptide supplements into their regimens, leading to a rise in demand.

Collagen Drinks Market :

Attributes	Collagen Drinks Market
CAGR (2023 to 2033)	9.8%
Market Value (2033)	US$ 649.5 million
Growth Factor	Collagen drinks provide consumers who are looking for functional beverages that support skin health, and general well-being with a simple and ready-to-drink solution.
Opportunity	Customer demand is in line with collagen beverages that are made from natural ingredients without the use of artificial additives.
Key Trends	The promotion of collagen drinks as a component of a healthy lifestyle has become a focus of collaborations with influencers, celebrities, and wellness professionals.

Collagen Supplements Market :

Attributes	Collagen Supplements Market
CAGR (2023 to 2033)	6.4%
Market Value (2033)	US$ 2.8 billion
Growth Factor	Collagen supplements are popular in the anti-aging and beauty industries because they are believed to improve skin appearance, and decrease wrinkles,
Opportunity	Manufacturers are looking for business potential in developing nations where disposable incomes are rising and there is a growing emphasis on wellness and good health.
Key Trends	Increasing Health and Wellness Consciousness and collagen supplements are seen as a natural and effective way to support joint, bone, and skin health.

Country-wise Insights :

North America - CAGR

Country	CAGR (%)
United States	8.7%

Europe - CAGR

Country	CAGR (%)
Germany	6.5%

Asia Pacific - CAGR

Country	CAGR (%)
China	10.5%
India	7.5%
Japan	9.2%

North America - Market Value (2033)

Country	Market Value (2033)
United States	US$ 802.9 million

Europe - Market Value (2033)

Country	Market Value (2033)
Germany	US$ 141.5 million

Asia Pacific - Market Value (2033)

Country	Market Value (2033)
China	US$ 487.3 million
India	US$ 232.0 million
Japan	US$ 208.8 million

What Is the Current Trend in China for Marine Collagen Ingredients Market?

Available Ample Marine Resources and Improved Processing Technology Driving the Market Ahead

Based on a projected analysis by Fact.MR, China is expected to be the prominent market for marine collagen ingredients during the forecast period. The market is expected to attend a growth rate of 10.5% to reach a market value of US$ 487.3 million.

China benefits from abundant marine resources that ensure the constant supply of raw materials to various industries. Chinese manufacturers have also brought and incorporated advanced processing machinery in order to improve productivity.

China’s strong manufacturing capacity and pricing robustness have further contributed to its leadership in the global marine collagen market.

Besides the supply side, China has a growing population, and internet penetration created awareness among consumers about the advantages of collagen-based products which has resulted in rising demand.

Why Is the United States an Established Leader in The Marine Collagen Ingredients Market?

Availability of Affordable Fish Resources Driving the Market

Fact.MR's research suggests that the market for marine collagen ingredients in the United States is expected to grow at 8.7% CAGR to be valued at US$ 802.9 million by the end of 2033.

For many years, the United States has prioritized and supported fishing activities. These fisheries build significant quantities of fish waste and by-catch, which are frequently used to manufacture marine collagen.

Indeed, the availability of lower-cost fish in the United States has been crucial to the success of the marine collagen industry. Because of the country's large fish supplies and efficient fishing practices, fish and by-products have become more accessible and economical to local industry.

This has given a competitive advantage to businesses involved in the development of marine collagen ingredients. The availability of inexpensive fish has aided the growth and expansion of the marine collagen sector in the United States, leading to its position as a market leader.

What is the Demand Outlook for the Marine Collagen Ingredients in Indian Market?

Joint Efforts of Government and Manufacturers Are Creating Opportunities in the Market

Demand for Marine Collagen Ingredients in India is expected to expand at a CAGR of 7.5% from 2023 to 2033. By the end of 2033, India is expected to exhibit a market valuation of US$ 232.0 million.

The Indian government has been encouraging entrepreneurship and innovation in the healthcare and wellness industries. This has resulted in greater investments and support for the development of marine collagen-based products, adding to the industry's growth.

For instance, INJA is India's top Collagen brand, committed to providing high-quality products at reasonable pricing. In addition to its own retail brand, it claims to offer the finest quality Fish Collagen powder.

INJA Wellness reshaped the Indian collagen industry by offering the first flavoured and designed collagen powder. Furthermore, it has continued to set the standard to deliver quality products made with unique Japanese compositions.

Category-wise Insights :

By Source, Which Segment Is Expected to Gain Prominence During the Forecast Period?

Big-Size Fish Offers a Significant Amount of Collagen for Manufacturers

The worldwide demand for fish is expected to continue to reach a market valuation of US$ 696.2 million to hold a market value share of 30.0% by the end of the forecast period 2023-2033.

Fish, especially larger species, have a higher collagen concentration than smaller organisms such as squid or jellyfish. This means that a greater amount of collagen is recovered from a single fish making production more cost-effective for manufacturers.

Furthermore, fish is often easier to digest and extract collagen from due to its bigger size and structure and are preferred as a source of because its scales, skin, and bones contain abundant collagen-rich components that are suitable for extracting collagen.

Why Type I Marine Collagen Ingredients Are Making More Sales Than Other Types?

Type 1 marine collagen gained popularity through research

Fact.MR analysis indicates that Type 1 marine collagen ingredient is expected to achieve a market share of 23.3% market share during the assessment period, resulting in a market size of US$ 533.7 million by 2033.

Type I collagen is the most abundant and is widely used in industry. It constitutes more than 90% of the total mass of bone and is primarily found in the skin, tendons, ligaments, and cornea of marine organisms.

Furthermore, Type 1 collagen has been extensively studied in scientific and clinical research, yielding a wealth of evidence supporting its benefits in a variety of applications. This study has contributed to the general acceptance and popularity of type 1 collagen in the market.

Which Forms of Marine Collagen Ingredients Are Expected to Be in Demand?

Powder Form Offers a wide range of uses and formulations

According to Fact.MR, Powder form covers 56.0% of the market share and is anticipated to reach a market valuation of US$ 12,99.5 million by the end of 2033.

Powdered marine collagen ingredients are simple to add to a variety of products, such as dietary supplements, beverages, functional foods, and cosmetics. Their adaptability enables a wide range of uses and formulation possibilities enabling them to cater to a wide range of consumer preferences and industry requirements.

Besides this, it dissolves easily in liquids, making it effortless to add to beverages or mix into smoothies, making it an attractive choice for consumers seeking a convenient way to incorporate collagen into their daily routine.

Competitive Landscape :

The marine collagen ingredients market has a diverse and dynamic competitive landscape. To serve industries such as food and drinks, cosmetics, pharmaceuticals, and supplements, leading companies specializing in diverse fields are focusing on research and development, sustainable sourcing, and new formulations.

These companies emphasize environmentally friendly practices, product certifications, and satisfying the increased demand for natural and sustainable ingredients. Additionally, it tries to preserve its market position and capitalize on the growing demand by focusing on quality, innovation, and matching customer preferences.

For instance :

• In July 2022, MD Logic Health has launched a Special New Marine Collagen. MD Logic Health’s Marine Collagen was formulated with a special blend of Co-Factors including Vitamins A, C, Zinc, Copper, and Biotin. These Cofactors were added to accelerate the production of Collagen. Their Marine Collagen also contains Hydrolyzed Collagen types I, II, and III.
• In 2022, Run Easy marine collagen peptides powder has been launched by Protein Rebel. Run Easy was designed for triathletes, runners, and cyclists, and contains only one ingredient: pure marine collagen, which helps to strengthen ligaments and joints and reduces the chance of injury.
• In 2021, Ajinomoto Health & Nutrition, a leading global company in nutritional science, announced the debut of three new flavors of Indigo Marine Collagen: Blueberry Acai, Raspberry Lime, Dragon Fruit, and a portable package.

Scope of the Report :

Attribute	Details
Market Size Value in 2023	US$ 1,076.8 million
Market Forecast Value in 2033	US$ 2,320.6 million
Anticipated Growth Rate (2023 to 2033)	8.0% CAGR
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Volume (MT) Value (US$ Million)
Key Regions Covered	Europe South Asia North America East Asia Latin America Oceania Middle East & Africa
Key Countries Covered	United States Mexico Canada Chile Brazil Peru Argentina France Germany Spain Italy Netherlands United Kingdom Nordic Australia Belgium Japan Russia Poland South Korea China India Thailand Malaysia Indonesia Singapore New Zealand GCC Countries South Africa Central Africa Others
Key Market Segments Covered	Source Form Type Application Region
Key Companies Profiled	Ashland Global Holdings Inc. BioCell Technology LLC Chinatech Peptide Co. Ltd. Darling Ingredients Inc. Fishion Group Ltd. Gelita AG Nitta Gelatin Inc. Rousselot S.A.S. Seagarden AS Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd. Taiaitai BIOLOGICAL Vyse Gelatin Company Weishardt Group YSK Corporation Zhejiang Huaheng Biological Technology Co., Ltd.

Marine Collagen Ingredients Market by Category :

• By Source :

  • Fish
  • Squid
  • Jellyfish
  • Others

• By Type :

  • Type I
  • Type II
  • Type III
  • Type V
  • Others

• By Form :

  • Powder
  • Liquid
  • Others

• By Application :

  • Cosmetics
  • Food and Beverages
  • Medical
  • Others

• By Region :

  • North America
  • Europe
  • Latin America
  • East Asia
  • Oceania
  • South Asia
  • Middle East & Africa