Marine Hydrolyzed Collagen Market 2022 Size, Share, Trends And Industry Forecast 2030
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.
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The cosmetics & personal
care application segment dominated the market in 2020. The segment registered
noteworthy growth on account of the growing preference for collagen-based
cosmetics among individuals and the rising demand for marine collagen-based
biomaterials in healthcare applications as they speed up the wound healing
process and aid in weight
management. The product finds extensive applications in the healthcare
industry. They are used in various applications in the cosmetics industry as
well due to the high demand for cosmetic surgeries and wound healing
treatments. Increasing consumer spending capacities, coupled with the
popularity of skin surgeries, has augmented the product demand across the
world.
A mild impact of COVID-19 has been observed
on several food & beverages categories. Indulgent food products, such as
ice creams and confectioneries, witnessed increased demand in the pandemic.
Furthermore, increased awareness about overall health among the masses during
the pandemic augmented the consumption of health- and immunity-boosting food
products and beverages, which, in turn, contributed to the product demand
across the world. The market is likely to register substantial growth owing to
the presence of prominent players that operate in multiple locations and market
their products through numerous sales networks across the globe including
third-party distribution channels.
Table of content : https://www.grandviewresearch.com/industry-analysis/marine-hydrolyzed-collagen-market-report/toc
Marine Hydrolyzed Collagen Market Segmentation
Grand
View Research has segmented the global marine hydrolyzed collagen market on the
basis of application and region:
Marine Hydrolyzed Collagen Application
Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
·
Cosmetics & Personal Care
·
Food & Beverages
·
Healthcare
·
Others
Marine Hydrolyzed Collagen Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
France
o
U.K.
o
Italy
o
Spain
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
o
Australia
·
South America
o
Brazil
·
Middle East & Africa
o
UAE
List of Key Players of Marine Hydrolyzed Collagen Market
·
Gelita AG
·
Croda International Plc.
·
Collagen Solutions Plc.
·
Beyond Biopharma Co. Ltd
·
Weishardt Holding SA
·
Titan Biotech
·
Ashland
·
Rousselot
Read
Report Overview- https://www.grandviewresearch.com/industry-analysis/marine-hydrolyzed-collagen-market-report
About Grand View
Research
Grand View Research,
U.S.-based market research and consulting company, provides syndicated as well
as customized research reports and consulting services. Registered in
California and headquartered in San Francisco, the company comprises over 425
analysts and consultants, adding more than 1200 market research reports to its
vast database each year. These reports offer in-depth analysis on 46 industries
across 25 major countries worldwide. With the help of an interactive market
intelligence platform, Grand View Research Helps Fortune 500 companies and
renowned academic institutes understand the global and regional business
environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales
Specialist, USA
Grand View Research,
Inc.
Phone:
1-415-349-0058
Toll Free:
1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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