The increasing demand for anti-aging products is expected to benefit the market during the forecast period, states Fortune Business Insights, in a report, titled “Marine Collagen Market Size, Share & Industry Analysis, By Source (Fishes, Algae, Others), By Type (Skin, Bones & Tendons, Others), By Form (Liquid, Powder), By Application (Functional Food & Beverages, Dietary Supplements, Cosmetics, Others) and Regional Forecast, 2021-2028.” The growing consumer inclination towards drinks and supplements is expected to enable the speedy expansion of the market.
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he marine collagen market covers:
- All-inclusive analysis of all the segments
- Enlightening facts and figures
- Wide-ranging data regarding industry players
- Emerging developments in the industry
High Consumption of Marine Collagen-Based Products to Aid Growth
The busy lifestyles of people are expected to spur demand for marine collagen. The high consumption of processed food is expected to enable speedy expansion of the market during the forecast period. The increasing awareness about the health benefits of marine collagen-based products for skin regeneration and strong bones can further elevate the market growth in the forthcoming years. The utilization of marine collagen in dietary supplements, cosmetics, and functional food & beverages can have an outstanding impact on the global market. Collagen facilitates improves pigmentation, and reduces wrinkles. The consumer inclination towards numerous beauty drinks and supplements is likely to spur lucrative opportunities for the market. Furthermore, the demand for marine collagen-based skin care and supplement products is expected to push the growth of the market. Marine collagen is extracted from parts like flesh, scales, bones of the salt-water fishes, squids, sponges, marine algae, and others. However, the high production cost associated with marine collagen can hamper the growth of the market. The increasing R&D activities for the fabrication of collagen scaffolds in tissue engineering are expected to further support the development of the market.
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Inflated Demand for Beauty Products to Favor Market in Asia Pacific
The market in North America is expected to hold the largest share during the forecast period due to the growing demand for marine collagen-based products in the region. The growing knowledge about the health benefits and nutritional value of marine collagen is expected to bolster the growth of the market in the region. The high incidence of arthritis is expected to spur product in the US. The statistical analysis by the U.S Department of Health and Human Services revealed a higher rate of people prone to arthritis, osteoporosis in the U.S. The increasing likeability for sauces, candies, and jellies is expected to encourage the development of the market in the region. Asia Pacific is expected to hold a significant share during the forecast period due to the emerging companies in countries such as China, Japan, and Australia. The growing demand for beauty products and health supplements is expected to foster the growth of the market in Asia Pacific.
January 2019: ActivLayr, a New Zealand engineering company produces marine collagen and kiwi-based under-eye firming mask using nanofiber technology and electrospinning, which is sustainable, easy for application, and waterless.
July 2018 HUM Nutrition launched their first marine collagen-based, collagen pop pressed tablets that dissolve in water.
September 2019, Nitta Gelatin announced a new product from wild-caught marine collagen, XactSet gelatin for starchless gummy which has a wide application in confectionary and dietary supplements.
The Report Lists the key companies in the Global Marine Collagen Market:
- Nutraceuticals Inc.
- Hangzhou nutrition biotechnology co. Ltd
- Norland Products Inc.
- Best skin USA
- Industrias Asociadas S.L.
- HUM Nutrition Inc.
- Ashland Inc.
- Vital Proteins LLC.
- Nitta Gelatin NA Inc.
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