According to the current analysis of Reports and Data, 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%.
New York, NY -- (SBWIRE) -- 01/28/2021 -- The study of the Marine Collagen Market by Reports and Data offers a comprehensive overview of the market size and trends of the Marine Collagen market on a global and regional scale. The report also provides an assessment of the factors and parameters that have the potential to impact the growth and expansion of the market. The insightful information offered by the report assists in making profitable business decisions and formulate strategic investment plans to gain maximum returns. In addition to this, the study is equipped with a detailed analysis of the companies to help the readers understand the competitive scope of the market.
Fish farming waste, which otherwise causes major environmental contamination, is a potential cost-effective source of marine collagen. Marine collagen from skins, bones, fins, and scales could be removed and hydrolyzed by chemical pre-treatment and subsequent heating at temperatures above 45ºC. The combination of soluble proteins and peptides formed by chemical before the treatment and subsequent heating may be described as gelatin. Marine collagen and gelatin contain inactive bioactive peptides within their sequence, which can be released throughout gastrointestinal digestion or by controlled enzymatic hydrolysis.
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.
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Market Drivers
The global demand for marine collagen was estimated at USD 603.3 million in 2018 and is forecast to hit USD 1.040.1 million by 2026, with a CAGR of 7.0%. Scales, skins, and bones are the main by-products of the fish processing market. They are not called ordinary saleable goods and are typically discarded, resulting in a significant environmental impact. They are, though, a decent source of marine collagen.
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
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Application (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)
Medical
Nutraceuticals
Cosmetics
Others
Regional Outlook
The Asia-Pacific region is expected to lead this market in 2018 and is expected to continue to expand at the highest CAGR throughout the forthcoming years. This is developing more rapidly in the Asia Pacific due to the need for personal care and beauty cosmetics and nutritional supplements. Food protection regulators have permitted the use of marine collagen in pharmaceuticals and food products due to its high protein quality and numerous health advantages Even so, the high processing costs of marine collagen may impede the growth of the global market during the review period. Market segment based on Region:
North America
U.S.
Canada
Europe
Germany
France
UK
Spain
Italy
Rest of the Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Middle East & Africa
Latin America
Brazil
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