(EMAILWIRE.COM, January 08, 2019 ) Major players include companies such as Ashland Inc. (US), Darling Ingredients (US), Nitta Gelatin (Japan), Gelita (Germany), Weishardt Group (France), Amicogen, (South Korea), Nippi, Incorporated (Japan), Seagarden (Norway), China Peptide (China), Vital Proteins (US), Connoils (US), BHN (Japan), Taiaitai (China), and ITALGELATINE (Italy).
Browse Sample Papers of Marine Collagen Market spread across 159 Pages, Profiling 12 Companies and Supported with 83 Tables and 58 Figures is now available at: http://www.rnrmarketresearch.com/contacts/request-sample?rname=1474465 .
Marine Collagen Market will be Worth of 5.17 Billion USD by 2023. The type I segment in Marine Collagen Market is projected to grow at the highest CAGR from 2018 to 2023.Type I collagen helps in healing wounds and acts as a foundation for strong connecting tissues. It also finds applications in cosmetics as it helps in preventing any signs of skin aging. Due to these factors, the market is projected to grow at a significant rate in the future.
The marine collagen market is projected to grow at a CAGR of 7.7%
The need for retention of nutrients and sensory attributes in food have triggered the marine collagen market growth. Factors such as growth in inclination toward healthy lifestyles among consumers and high protein consumption have significantly fueled the demand for marine collagen due to its various health benefits such as regeneration of skin & bones and better bio availability as compared to other collagen types. However, high import duty is a major restraining factor for this market while high processing cost is a major challenge.
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Premium Insights
1 Opportunities in the Marine Collagen Market
2 Marine Collagen Market: Key Country
3 Marine Collagen Market, By Application & Region
4 Developed vs Developing Markets for Marine Collagen in Food
5 Marine Collagen Market, By Source & Region
6 Marine Collagen Market, By Type
7 North America: Marine Collagen Market, By Animal & Country, 2017
The type I segment is projected to be the fastest-growing from 2018 to 2023
The type I segment is projected to grow at the highest CAGR from 2018 to 2023.Type I collagen helps in healing wounds and acts as a foundation for strong connecting tissues. It also finds applications in cosmetics as it helps in preventing any signs of skin aging. Due to these factors, the marine collagen market is projected to grow at a significant rate in the future.
The skin, scales, and muscles segment is estimated to lead the market with the largest share in 2018
The skin and scales of various fresh and saltwater fishes are the most suitable source of collagen as they contain abundant protein. Fishes are often harvested and processed into skinned and boned fillets, which leaves a large amount of skin and scales so that it can be used for the extraction of collagen.
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The fish segment dominated the market in 2017
Fish is one of the widely used key animals used for the extraction of marine collagen. There are many nutritional benefits of fish collagen which is attributed to the presence of proteins, unsaturated essential fatty acids, minerals, and vitamins. Fish collagen is also effective in the treatment of many diseases, leading to its high demand in the production of pharmaceuticals, food supplements, and cosmetics.
The nutraceuticals segment dominated the market in 2017
Nutraceuticals are one of the widely used applications of marine collagen. Manufacturers are opting for marine animals as a source of collagen to cater to the increasing demand for nutraceuticals among consumers. Consumers are increasingly getting aware of the health benefits related to marine collagen.
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