
The Marine Hydrolyzed Collagen Market is projected to grow from US$ 1.09 billion in 2023 to US$ 3.75 billion by 2031, with a CAGR of 8.72% during the forecast period (2023–2031).
Market Overview:
The Marine Hydrolyzed Collagen market has witnessed substantial growth, and this growth can be attributed to the rising consumer demand for natural, sustainable, and high-quality collagen sources. Marine hydrolyzed collagen is derived from fish and marine organisms and is in high demand because of its bioavailability, which ensures better absorption in the human body than other types of collagen. This collagen is acclaimed for helping support the health of the skin, reducing wrinkles, improving joint health, and enhancing bone strength. Thus, this has made it very popular among dietary supplements, cosmetics, and functional foods.
Increasing consciousness toward the health benefits of collagen along with rising demands for sustainable sources of marine ingredients, in lieu of terrestrial ingredients, are key driving factors in expanding the market. Increasing demands for anti-aging products and for natural skincare options have contributed massively to this growing market; a trend among customers to go for collagen-based skincare products for a healthy elastic hydrating skin.
Also, increased sports and fitness activities further elevate the market demand for supplements regarding joint and bone health with the involvement of hydrolyzed marine collagen. Rising demand in the clean label and plant-based markets also goes hand in hand as consumers desire additives-free collagen.
The Marine Hydrolyzed Collagen market is an essential one for the health and wellness industries as it offers a sustainable and highly effective source of collagen that supports consumers' skin, joint, and overall health. As maturity sets in, market growth will be associated with innovation in product offerings, such as increased incorporation of collagen into functional foods and beverages. The sector is heading towards steady growth as research will continue to unearth the benefits brought by marine-derived collagen and continues changing consumer preferences and trends toward healthy, effective, and natural ways of health resolution.
Market Dynamics:
Drivers
- Health & Wellness Trends: As consumers focus more on health and wellness, the demand for supplements that support joint, bone, and gut health has increased. Marine hydrolyzed collagen is very bioavailable and supplies essential amino acids that help to maintain healthy joints, cartilage, and bones.
- Increasing Fitness Awareness: As people became more interested in sports nutrition and fitness, people demanded more supplementations that carry hydrolyzed marine collagen which improves joint health while accelerating post-exercise recovery.
Restraints
- High Production Cost: The processes of extraction and purification of marine hydrolyzed collagen are a bit complex and hence more expensive compared to the alternatives of land-based collagen, which may be a limiting factor in its general uptake, especially in price-sensitive markets.
- Allergy and Sensitivity Issues: Some people may be allergic to marine products, for example, fish, which may limit the intake of marine hydrolyzed collagen.
Opportunities
- Expanded Applications for Products: Incorporating marine hydrolyzed collagen into products, including functional foods and beverages as well as cosmetic products, creates immense opportunity for growth. Demand will expand from a demand for new, multifunctional products from healthy conscious consumers.
- Innovation in Collagen Peptides: Innovation in the formulation of collagen and more effective and bioavailable marine collagen peptides can unlock new market opportunities, especially in joint health and sports recovery.
Challenges
- Regulatory Barriers: There are different regulations regarding the use of marine ingredients in consumer products across various regions. This might be a challenge to entering the market for companies, creating complexity in product launches and limited growth opportunities.
- Consumer Skepticism: Consumers are increasingly becoming skeptic about the efficacy and safety of the ingredients derived from the marine source that enhance the collagen supplement acceptance in the market.
Key Players:
- Gelita AG
- Croda International Plc.
- Collagen Solutions Plc.
- Beyond Biopharma Co. Ltd
- Weishardt Holding SA
- Titan Biotech
- Ashland
- Rousselot
Market Segmentation:
By Type
- Fish Collagen
- Other Marine Sources
By Application
- Cosmetics & Personal Care
- Nutraceuticals
- Food & Beverages
- Pharmaceuticals
By Form
- Powder
- Liquid
- Capsules/Tablets
By Distribution Channel
- Online Retailers
- Supermarkets/Hypermarkets
- Pharmacies
- Specialty Stores
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
Covid 19 Analysis:
The COVID-19 pandemic had a mixed impact on the Marine Hydrolyzed Collagen market. There was a high demand for health supplements and immune-boosting products, such as collagen-based supplements, during the pandemic as people became more health-conscious about overall well-being. Interest in personal health, skincare, and joint care during lockdowns accelerated demand for collagen, particularly in the beauty and wellness sectors.
It impacted supply chains the most, primarily on sourcing of marine-based raw materials. Bans on fishing and processing activities in combination with supply chain issues forced companies to slowdown production and delay deliveries. To top it off, economic uncertainty together with reduced spending in some economies dampened consumer demand, at least for higher priced luxury skincare goods.
As the globe economy recovers, the global Marine Hydrolyzed Collagen market is slated to recover, following increased consumer spending on health, and sustainability.
Regional Analysis:
North America: This segment remains a strong market leader, given the significant consumer awareness of health and wellness, especially in the United States. The increasing demand for collagen-based supplements for skin, joint, and bone health, along with the growing preference for natural, sustainable ingredients, is driving the growth. Well-developed markets for skincare and dietary supplements also underpin this.
Europe: Europe represents a large share of the market, with major demand coming from Germany, the UK, and France. Growing demand for anti-aging and skincare products coupled with a great emphasis on sustainability makes Europe a very important market for marine collagen. Moreover, strict regulations provide high-quality products, which create consumer confidence.
Asia-Pacific: Asia Pacific is on the growth route, driven by increasing disposable income and a growing trend toward wellness and beauty trends. Countries such as Japan, South Korea, and China have seen increased demand for collagen-based products, mostly for skin health. The demand for fitness and sports nutrition supplements is also building up the markets in this region.
Latin America: The Latin American market is slowly expanding with increasing consumer awareness of the benefits of collagen, especially in Brazil and Mexico. With an increase in disposable income and a desire for personal care products, this region is also experiencing market growth.
Key trends:
- Rising Popularity of Beauty-from-within Products: Collagen supplements are now gaining prominence as the key element in beauty-from-within trends; consumers prefer to take oral supplements or functional foods in support of the health of the skin. In particular, hydrolyzed marine collagen is considered highly bioavailable, ideal for improving skin elasticity, reducing wrinkles, and promoting hydration.
- Expansion in Functional Foods and Beverages: Beyond supplements and cosmetics, marine hydrolyzed collagen is increasingly found in functional foods and beverages such as protein bars, smoothies, and collagen-infused waters. This reflects the multi-functional growth trend related to wellness and beauty.
- Growth in Sports and Fitness Nutrition: Marine hydrolyzed collagen is the fastest-growing segment in sports and fitness nutrition. Its properties such as supporting joint health, accelerating muscle recovery, and more, are on a rise in the world of fitness. Indeed, with this interest, collagen protein powders and recovery drinks after workout are receiving a lot of attraction.
- Personalized and customized collagen solutions: The personalized health trend is dominating the marine collagen market as more brands offer customised products that can be specific to an individual's health goal, age, or skin type. Many companies are using the aspect of a customized collagen formula as a USP.
Scope of the Report |
Details |
Study Period |
2021–2031 |
Base Year Considered |
2023 |
Forecast Period |
2024–2031 |
CAGR Value |
8.72% |
Forecast Market Size |
US$ 3.75 billion |
Segments Covered |
Type, Application, Form, Distribution Channel, and Region |
Regions Covered |
North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
Companies Covered |
· Gelita AG · Croda International Plc. · Collagen Solutions Plc. · Beyond Biopharma Co. Ltd · Weishardt Holding SA · Titan Biotech · Ashland · Rousselot |
Methodology
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