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Marine Collagen Market Size Worth $1,040.1 Mn by 2026, With Top Industry Players – Connoils LLC, Darling Ingredients Inc., Bega Bionutrients

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Marine Collagen Market Size Worth $1,040.1 Mn by 2026, With Top Industry Players – Connoils LLC, Darling Ingredients Inc., Bega Bionutrients

March 27
00:00 2021
Marine Collagen Market Size Worth $1,040.1 Mn by 2026, With Top Industry Players - Connoils LLC, Darling Ingredients Inc., Bega Bionutrients

Marine Collagen Market
Growth in Demand for Beauty Products and Consumer Inclination Toward Healthy Lifestyle and High Protein Consumption are key factors contributing to high CAGR during the forecast period

The global Marine collagen Market was valued at USD 603.3 million in 2018 and is expected to reach USD 1,040.1 million by the year 2026, at a CAGR of 7.0%. Scales, skins, and bones are the major by-products of the fish-processing market. These are not regarded as ordinary saleable products and are usually discarded, causing a heavy environmental impact. However, they are a good source of marine collagen. This could be extracted and further enzymatically hydrolyzed to liberate physiologically active peptides. Specifically, some of these peptides may exhibit interesting antioxidant activity, potent antihypertensive activity, antimicrobial activity against different strains of bacteria, protective effect on cartilage, or capacity to stimulate bone formation. Marine collagen hydrolysates from fish disposals may also exhibit other interesting activities (such as, satiety, calciotropic, or opioid). The bioactive properties of these peptides, and also their resistance to protein digestion, make them potential ingredients of health-promoting foods.

Marine collagen has been found to have applications in the healing of wounds resulting from different traumas (such as burns, ulcerations, grafting, etc.), with these materials being used mainly to prevent heat loss and moisture from the wounded tissue while providing a microbial infiltration barrier. Moreover, they have also been used in drug delivery systems, for instance, mini-pellets and tablets for protein delivery, shields in ophthalmology, nanoparticles for gene delivery, and gel formulation in combination with liposomes as controlling material for transdermal delivery.

The Asia Pacific region is estimated to dominate this market in 2018 and is further projected to grow at the highest CAGR during the forecast period. This is developing more rapidly in Asia Pacific due to the demand for personal care & beauty products and health supplements. Food safety authorities have approved the use of marine collagen in pharmaceutical and food products due to its high protein content and various health benefits. However, the high processing cost of marine collagen might hamper the growth of the global market during the review period.

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Key findings in the report:

  • The interest of processed functional food manufacturing in gelatine hydrolysates has grown in the last years for their potential nutraceutical activity. Interest in nutraceuticals is growing rapidly worldwide, as they are a safe alternative to pharmaceutical drugs, which use is sometimes limited by toxicity or intolerance reactions.
  • Marine collagen and gelatine hydrolysates could be attractive nutraceuticals for their interesting bioactive properties. The beneficial effect of these on different diseases has been reported in animal or clinical studies, and actually, several supplements, including collagen-derived peptides have been patented and are currently commercialized in USA, Japan, and Europe. Moreover, hydrolyzed gelatine products have received GRAS status (Generally Recognized as Safe) by the US Food and Drug Administration (FDA).
  • Marine collagens are required to be as safe as their animal origin counterparts. Considering the regulatory framework, as components of medical devices, they should pass all the biocompatibility tests. For instance, for medical devices, ISO 10993 tests, in accordance with the Essential Requirements defined in Annex I of the COUNCIL DIRECTIVE 93/42/EEC, needed by the corresponding international/national regulations. Moreover, they should present acceptable allergy/anaphylaxis risks and immunotoxicity, which may be challenging due to phylogeny differences between human and marine species, such as, non-mammal marine species.
  • Nowadays, marine collagen has a huge range of applications in the health-related sectors, namely in the pharmaceutical industry, in the cosmetics, and in medical care (including plastic surgery, orthopedics, ophthalmology, and dentistry). In non-health sectors, it is used in the food sector (such as food processing, as nutraceuticals), but most often as gelatin, that is, in its denatured form. The high potential use of these products has been the rationale for intense research on various applications over the years.
  • The skin & scales segment is dominating the market as marine collagen made of fish skin help to reduce pollution of the environment and provides an excellent and beneficial source of collagen protein. Thus, the health-boosting properties of marine collagen extracted by fish skin are driving the growth of the skin & scale segment. In January 2019, Stafford engineering, an engineering company in New Zealand, designed a machine called ‘Iguana.’ This machine can convert fish skin into marine collagen to meet the demand of cosmetics in the international market.
  • Key participants include Ashland Global Holdings Inc., BHN International Co. Ltd., Connoils LLC, Darling Ingredients Inc., Bega Bionutrients, Seagarden AS, Gelita AG, Nitta Gelatin, Weishardt Group, and Amicogen. Current food and beverage companies are shifting to protect and improve their positions in the market, both through internally driven product development and invention and inorganic development through the procurement of the new disruptor brands and products.

Marine Collagen Market Analysis, By Type, By Source, By Animal, By Application, Forecasts To 2026, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/marine-collagen-market

For the purpose of this report, Reports and Data has segmented the Marine collagen market on the basis of type, source, animal, application, and region:

Type (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)

  • Type I
  • Type II
  • Type III
  • Type IV

Source (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)

  • Skin, Scales, and Muscles
  • Bones & Tendons
  • Others

Animal (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)

  • Fish
  • Others

Application (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)

  • Medical
  • Nutraceuticals
  • Cosmetics
  • Others

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Regional Outlook (Revenue in USD Billion; 2017–2026)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Egypt
    • Rest of MEA

Table Of Content

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

Chapter 4. Marine collagen Segmentation & Impact Analysis

    4.1. Marine collagen Segmentation Analysis

    4.2. Marine collagen Market Impact Analysis

………..

Chapter 10. Competitive Landscape

    10.1. Market Revenue Share by Manufacturers

    10.2. Manufacturing Cost Breakdown Analysis

    10.3. Mergers & Acquisitions

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

Chapter 11. Company Profiles

   11.1. Ashland Global Holdings Inc.

           11.1.1. Company Overview

           11.1.2. Financial Performance

           11.1.3. Product Insights

           11.1.4. Strategic Initiatives

    11.2. BHN International Co. Ltd.

            11.2.1. Company Overview

            11.2.2. Financial Performance

            11.2.3. Product Insights

            11.2.4. Strategic Initiatives

    11.3. Connoils LLC

           11.3.1. Company Overview

           11.3.2. Financial Performance

           11.3.3. Product Insights

           11.3.4. Strategic Initiatives

    11.4. Darling Ingredients Inc.

           11.4.1. Company Overview

           11.4.2. Financial Performance

           11.4.3. Product Insights

           11.4.4. Strategic Initiatives

    11.5. Bega Bionutrients

            11.5.1. Company Overview

            11.5.2. Financial Performance

            11.5.3. Product Insights

            11.5.4. Strategic Initiatives

Continue …

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