Marine Collagen Market Size, Share, Forecast, & Trends Analysis by Type (Type I, Type II, Type III), Category (Fish, Algae), Source (Skin, Scales, and Muscles, Bones and Tendons), Application (Dietary Supplements, Cosmetics) - Global Forecast to 2031

The Marine Collagen Market was valued at $1.32 billion in 2023. This market is expected to reach $2.32 billion by 2031 from an estimated $1.40 billion in 2024, at a CAGR of 12.4% during the forecast period 2024-2031.

Marine Collagen Market Size & Forecast

This market’s growth is driven by the rising demand for marine collagen in the cosmetics industry, growing consumer awareness regarding the health benefits of marine collagen, consumer inclination toward a healthy lifestyle and high protein consumption and increasing innovation and new product developments. However, the high production cost of marine collagen restrains the growth of this market.

Moreover, growing demand from the nutraceutical industry and increasing adoption of dietary supplements in emerging economies of Asia-Pacific and Latin America, owing to the population growth, rise in disposable income, and growing awareness about its benefits, are expected to generate significant growth opportunities for the stakeholders in the marine collagen market. On the other hand, stringent regulatory requirements and a need for more awareness about marine collagen pose major challenges to market growth.

Furthermore, ethically sourced and sustainable marine collagen-based products and the growing adoption of marine collagen in functional food and beverages are the key trends in the marine collagen market.

Marine Collagen Market Growth Drivers

Demand for Marine Collagen in the Cosmetics Industry

Marine collagen, sourced from fish scales and skin, is highly valued for its ability to enhance skin elasticity, minimize wrinkles, and improve overall skin health. This makes it a leading ingredient in cosmetic formulations, particularly for skincare. With consumers increasingly aware of their skincare ingredients, marine collagen is favored for its high bioavailability and alignment with the body’s natural collagen production. In response to this trend, cosmetic companies are integrating marine collagen into a diverse array of products, such as creams, serums, masks, and supplements, to deliver anti-aging and rejuvenating benefits. This trend highlights both the shifting consumer preferences and the growing importance of sustainable and effective skincare solutions.

Thus, increased demand for marine collagen in the cosmetics industry is likely to boost the demand for marine collagen in the coming years.

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Rising Consumer Awareness of the Health Benefits of Marine Collagen

Consumers are increasingly recognizing the health benefits of marine collagen, including its support for skin health, enhancement of joint mobility, and overall wellness contributions. This growing awareness is driven by an increasing interest in natural and sustainable ingredients, with marine collagen being acknowledged as a bioavailable and effective source of collagen for the body.

As consumers increasingly seek products that align with their health and wellness goals, they are favoring items infused with marine collagen, such as supplements, skincare products, and functional foods. This trend towards informed consumer choices is spurring innovation within the marine collagen market, leading companies to develop new formulations and expand their product offerings to meet the evolving demands of health-conscious individuals. Consequently, these factors are expected to drive significant growth in the marine collagen market.

Marine Collagen Market Trends

Ethically Sourced and Sustainable Marine Collagen Products to Emerge as a Key Market Trend

Sustainable marine collagen-based products are emerging as a key trend in the market, driven by increasing consumer awareness and demand for environmentally friendly options. As sustainability gains prominence across various industries—such as personal care, food and beverages, and nutraceuticals—manufacturers are focusing on collagen sourced from responsibly harvested marine sources. This shift aligns with consumer preferences for products that are both effective and produced in an eco-friendly manner, minimizing the impact on marine ecosystems.

In response to this trend, companies are integrating sustainable practices throughout the production and supply chain of marine collagen-based products. This involves using fish by-products that would otherwise be wasted, adopting ethical sourcing methods, and ensuring transparency in sourcing and production processes. These initiatives not only appeal to eco-conscious consumers but also establish brands as leaders in sustainability, thereby driving growth in the marine collagen market.

Increasing Adoption of Marine Collagen in Functional Foods and Beverages Gaining Momentum

The incorporation of marine collagen into functional foods and beverages is set to become a prominent trend in the market, driven by its health benefits and the growing consumer demand for convenient wellness solutions. Manufacturers of functional foods and beverages are capitalizing on the popularity of marine collagen, which is recognized for its ability to support skin health, joint function, and overall well-being. This trend appeals to consumers looking for nutritious and functional products that can seamlessly fit into their daily routines.

The versatility of marine collagen enables its incorporation into a diverse array of functional food and beverage products, including collagen-infused drinks, protein bars, and dietary supplements. This broad application not only extends the market reach of marine collagen but also addresses various consumer preferences and dietary needs. As consumers increasingly prioritize health and wellness, the presence of marine collagen in functional foods and beverages is anticipated to grow, driving innovation and expanding the market in this segment.

Marine Collagen Market Opportunity

Increasing Adoption in Emerging Economies in Asia-Pacific and Latin America Generating Growth Opportunities for Market Players

Despite recent economic slowdowns, per capita income is rising in developing countries like India, China, and Brazil. As disposable incomes increase, consumers are more willing to invest in premium health and wellness products, including marine collagen supplements and skincare items. This trend is particularly evident in emerging economies, where rising affluence is driving consumer preferences towards higher-quality, innovative products that offer tangible health benefits.

Moreover, the expanding middle-class population in these regions is driving demand for cosmetic and dietary products that enhance skin health, provide anti-aging benefits, and promote overall well-being. Manufacturers of marine collagen are strategically targeting these emerging economies, capitalizing on increased purchasing power and evolving consumer preferences to broaden their market presence. Consequently, the marine collagen market is experiencing substantial growth in previously underserved areas, offering lucrative opportunities for industry players to tap into the rising demand for premium collagen-based products.

Marine Collagen Market Analysis: Key Findings

The Type I Segment to Dominate the Marine Collagen Market in 2024

Based on type, the marine collagen market is segmented into type I, type II, type III, and other types. In 2024, the type I segment is expected to account for the largest share of 45% of this market. The substantial market share of this segment is attributed to its benefits in enhancing skin health, promoting anti-aging effects, and supporting overall wellness. Additionally, growing awareness of the health benefits of type 1 marine collagen, such as its potential to support joint health and improve hair and nail strength, has further driven its demand.

However, the type III segment is estimated to record the highest CAGR during the forecast period. This growth is driven by marine collagen’s crucial role in maintaining the structure of tissues such as skin, organs, and blood vessels. It also provides essential structural support to organs like the liver and lungs, contributing to their proper function and resilience.

The Fish Segment to Dominate the Marine Collagen Market in 2024

Based on category, the marine collagen market is segmented into fish, algae, and other categories. In 2024, the fish segment is expected to account for the largest share of 72.5% of this market. Fish are recognized as the primary source of marine collagen. Their skin, scales, and cartilage are rich in collagen and provide a sustainable resource for collagen extraction.

The Skin, Scales, & Muscles Segment to Witness Highest Growth During the Forecast Period

Based on source, the marine collagen market is segmented into bones & tendons, skin, scales, & muscles, and other sources. In 2024, the bones & tendons segment is expected to account for the largest share of this market. This segment's large market share is due to the effectiveness of collagen derived from bones and tendons in enhancing skin elasticity, bone strength, and joint health. Additionally, collagen from bones and tendons contains type II collagen, which is particularly beneficial for joint health. It helps maintain cartilage integrity and supports joint flexibility and mobility, making it a valuable supplement for individuals with joint issues or those seeking to maintain healthy joints.

However, the skin, scales, & muscles segment is anticipated to register the highest CAGR during the forecast period. This growth is driven by the highest demand for Type I collagen, which is abundantly found in the skin, scales, & muscles of various fresh and saltwater fishes.

The Dietary Supplements Segment to Dominate the Marine Collagen Market in 2024

Based on application, the marine collagen market is segmented into dietary supplements, functional food and beverages, cosmetics, and other applications. In 2024, the dietary supplements segment is expected to account for the largest share of 39.5% of this market. This segment’s significant market share is due to its health benefits, including enhanced skin elasticity, hydration, and overall well-being. Additionally, growing awareness of the benefits of marine collagen-based supplements, increasing preference for natural and sustainable products, and the expansion of the health and wellness industry contribute to its prominence.

Geographical Analysis

In 2024, North America is expected to account for the largest share of 33.4% of this market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The marine collagen market in North America is estimated to reach $466.1 million in 2024. North America's substantial market share is driven by several key factors: increasing consumer awareness about health, a well-established cosmetics and personal care industry, growing preference for natural and sustainable ingredients, and rising consumption of functional foods.

However, Asia-Pacific is expected to register the highest CAGR during the forecast period. This rapid growth is fueled by the expanding number of functional food and beverage manufacturers, particularly in China and India, heightened awareness of nutrition and personal well-being, steady industrialization, and significant spending on personal care products.

Marine Collagen Market: Key Companies

The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the marine collagen market are 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).

Marine Collagen Industry Overview: Latest Developments from Key Industry Players

• In April 2023, Darling Ingredients acquired Gelnex (Brazil), a gelatin and collagen producer. his acquisition enabled Darling Ingredients to boost its capacity to meet the growing needs of its collagen customers.
• In April 2021, Ashland acquired the personal care business from Schülke & Mayr GmbH (Germany). The acquisition bolstered Ashland's consumer business portfolio and specialized additives position while also strengthening the company's biotechnology and microbiology technical capabilities.
• In January 2021, Darling Ingredients introduced Peptan, marine collagen peptides, under its Rousselot brand. This launch enabled the company to enter the nutricosmetics and dietary supplements markets.

Marine Collagen Market Research Summary

Key questionsanswered in the marine collagen market report: