Marine Hydrolyzed Collagen Market Investment Feasibility Analysis Report 2028

Marine Hydrolyzed Collagen Industry Overview

The global marine hydrolyzed collagen market size is expected to reach USD 1.70 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.7% from 2021 to 2028. The growth can be attributed to the growing demand for organic cosmetics & personal care, and food & beverage products from the millennials from developed as well as developing countries. In addition, the industry is expected to benefit from the increasing demand for marine-based collagen products in dietary supplements for health conditions like arthritis, osteoarthritis among older age. The product is made from the skin, bones, muscles, and scales & tendons of fish. The product is a great source of protein and provides necessary nutrients to the human body. This type of collagen is eco-friendly and can be made from waste released from the fish industry. The consumption of marine collagen helps reduce joint pain, weakness, and delay the signs of aging, such as wrinkles.

U.S. marine hydrolyzed collagen market size, by application, 2018 - 2028 (USD Million)

Marine Hydrolyzed Collagen Market Segmentation

Grand View Research has segmented the global marine hydrolyzed collagen market on the basis of application and region:

Based on the Application Insights, the market is segmented into Cosmetics & Personal Care, Food & Beverages, Healthcare, Others.

  • The cosmetics & personal care application segment dominated the market and accounted for the largest revenue share of more than 39% in 2020. This high share is attributed to the high demand for cosmetic products due to the increased awareness about self-care, especially in emerging economies of Asia Pacific, coupled with the high purchasing power of consumers in developed economies.
  • Apart from cosmetic products, marine collagen is also used in supplements and beauty powders, which help enhance the quality of skin, hair, and nails. Marine collagen-based supplements act as antioxidants and protect the skin against harmful UV radiation, thereby acting as sunscreen agents. A number of companies continuously carry out research and development activities and are focused on developing innovative products.
  • Food & beverages is the second-largest application segment and is anticipated to grow at a CAGR of 8.6%, in terms of revenue, from 2021 to 2028. This growth is credited to the rising product usage in functional food products, confectioneries, desserts, beverages, and edible films & coatings. It is also used as an additive as marine collagen can help improve the rheological properties of frankfurters and sausages.
  • Marine collagen is used in the manufacturing of a variety of drinks, such as flavored water, juices, milk-based products, coffee-based drinks, and dairy beverages. Drinks infused with marine collagen promote the natural capacity of the body to generate fatty tissues. They also stimulate the collagen-making mechanism of the body and promote the growth of body tissues, thereby resulting in a reduction in skin sagging and wrinkles.

Marine Hydrolyzed Collagen Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Key Companies Profile & Market Share Insights

Most of the market players are focusing on differentiating themselves due to the highly competitive and fragmented nature of the industry. Manufacturers are focused on formulating high-quality products for end-users. They are investing in research & development activities to produce sustainable products with an aim to minimize the impact on sea biodiversity. Manufacturers are also involved in increasing their production capacity to meet the growing demand. Moreover, some manufacturers are selling their products directly through their websites to earn more profits.

Some of the prominent players operating in the global marine hydrolyzed collagen market include,

  • Gelita AG
  • Croda International Plc.
  • Collagen Solutions Plc.
  • Beyond Biopharma Co. Ltd
  • Weishardt Holding SA
  • Titan Biotech
  • Ashland
  • Rousselot

Order a free sample PDF of the Marine Hydrolyzed Collagen Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

South Africa Veterinary Medicine Market Size, Share, Revenue Analysis By 2028

Image
South Africa Veterinary Medicine Industry Overview The  South Africa veterinary medicine market  size is expected to reach USD 248.2 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.1% from 2021 to 2028. The market holds many opportunities to grow during the forecast period owing to the growing livestock and pet population, increasing consumption of meat, rising incidence of diseases in animals, and the presence of key global companies. According to a report published by the African Union/Interafrican Bureau for Animal Resources (AU/IBAR), MSD Animal Health leads the South African market for veterinary medicines, followed by other key companies. South Africa Veterinary Medicine Market Segmentation Grand View Research has segmented the South Africa veterinary medicine market on the basis of animal type, product, mode of delivery, and end-use: Based on the Animal Type Insights, the market is segmented i...
Read more

Fencing Market Competitive Landscape And Component Benchmarking 2030

Image
Fencing Market Growth & Trends The global  fencing market  size is anticipated to reach USD 44.39 billion by 2030, growing at a CAGR of 5.5% over the forecast period, according to a new report by Grand View Research, Inc. The growing need to safeguard agricultural assets and the aggressive investments being made by private companies in strengthening the security and enhancing the aesthetics of their premises are expected to drive the growth of the market over the forecast period. The growth of the  real estate market  and the increase in the number of remodeling projects being undertaken are expected to contribute to the growth of the market. Fencing Market Segmentation Grand View Research has segmented the global fencing market based on material, distribution channel, installation, application, end use, and region: Based on the Material Insights, the market is segmented into Metal, Wood, Plastic & Composite, Concrete. The metal segment accounted for ...
Read more

U.S. Cold Storage Market Distributor Analysis and Forecasts By 2030

Image
U.S. Cold Storage Market Growth & Trends The  U.S. cold storage market  size is estimated to reach USD 96.90 billion by 2030, expanding at a CAGR of 13.6% over the forecast period, according to the new research conducted by Grand View Research, Inc. The U.S. is widely regarded as one of the leading markets in developing technologies responsible for the effective management of cold storage processes. The pharmaceutical industry is expected to offer growth opportunities to the market. Inventory management of pharmaceutical goods, such as vaccines   and medicines, is an expensive process that necessitates adequate security measures to maintain product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods. U.S. Cold Storage Market S...
Read more