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Meticulous Research® has released a new report forecasting that the global marine collagen market will reach $2.32 billion by 2031, growing at a CAGR of 12.4% from 2024 to 2031. The market's growth is fueled by factors such as the rising demand for marine collagen in the cosmetics industry, increased consumer awareness of its health benefits, a shift towards healthier lifestyles with higher protein intake, and ongoing innovations in product development.
Despite the promising growth, the high production costs of marine collagen present a challenge to market expansion. However, increasing demand from the nutraceutical industry and greater adoption in emerging markets across Asia-Pacific and Latin America—driven by population growth, rising disposable incomes, and growing awareness of marine collagen's benefits—are expected to offer significant opportunities for market players. On the other hand, stringent regulatory requirements and limited awareness about marine collagen remain major obstacles to market growth.
Key trends in the global marine collagen market include the rising demand for ethically sourced and sustainable marine collagen products, as well as the growing use of marine collagen in functional foods and beverages.
Leading players in the marine collagen market include Ashland Inc. (U.S.), Darling Ingredients Inc. (U.S.), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), Seagarden AS (Norway), Titan Biotech Limited (India), ITALGEL S.p.A. (Italy), Amicogen Co., Ltd. (South Korea), BHN Co., Ltd. (Japan), ConnOils LLC (U.S.), HUM Nutrition Inc. (U.S.), Vital Proteins LLC (U.S.), Hangzhou Nutrition Biotechnology Co., Ltd. (China), and ETChem (China).
The market is segmented by type (type I, type II, type III, and others), category (fish, algae, and others), source (bones & tendons, skin, scales, & muscles, and others), application (dietary supplements, functional foods and beverages, cosmetics, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The report also provides a comprehensive analysis of industry competitors and market dynamics at the regional and country levels.
In 2024, the type I segment is expected to hold the largest market share at 45%, driven by its benefits for skin health, anti-aging, and overall wellness. The fish category is anticipated to dominate the market due to its high collagen content, bioavailability, sustainability, and broad applications. Collagen sourced from bones & tendons is expected to lead by source, attributed to its effectiveness in enhancing skin elasticity, bone strength, and joint health, especially type II collagen, which supports joint mobility.
The dietary supplements segment is projected to capture the largest market share at 39.5% in 2024, owing to its wide range of health benefits, growing consumer preference for natural products, and the expanding health and wellness industry.
Geographically, North America is expected to dominate the marine collagen market with a 33.4% share in 2024, driven by increasing health consciousness, a well-established cosmetics industry, a preference for natural ingredients, and the growing consumption of functional foods. The North American marine collagen market is expected to reach $466.1 million by 2024.
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