Marine Collagen Market: 7.5% CAGR Expected During 2024-30 Forecast Period
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Global Marine Collagen Market Insights Report Overview
According to the latest market study by MarkNtel Advisors titled “Global Marine Collagen Market Industry Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Marine Collagen Market Overview:
The Global Marine Collagen Market size was valued at around USD 850 million in 2023 & is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.
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Global Marine Collagen Market Trend:
Sustainable Marine Collagen-Based Products Gaining Traction – Companies are introducing eco-friendly procedures throughout the supply chain, from responsibly procuring seafood to efficiently using byproducts and using eco-friendly extraction processes, in response to consumers who are prioritizing sustainability in their purchase decisions. In addition to addressing environmental issues, this move toward sustainability is in line with customer demands for ethically and environmentally sound products. As a result, goods based on sustainable marine collagen are becoming more and more popular, spurring innovation and influencing the direction of the marine collagen industry.
Competitor Insight: Marine Collagen Market
This report focuses on major market participants like:
- Vital Proteins LLC
- Ashland Inc.
- Weishardt Group
- Seagarden AS
- Connoils LLC
- HUM Nutrition Inc.
- Darling Ingredients Inc.
- Rousselot
- Hangzhou Nutrition Biotechnology Co., Ltd
- Certified Nutraceuticals Inc.
- COBIOSA
- ETChem
- Gelita AG
- BHN International Co. Ltd.
- Bega Bionutrients
- Others
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Segmentation Summary: Marine Collagen Market
This segmentation analysis outlines prominent sections in the report’s table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Marine Collagen Market, with notable highlighting on:
-By Source
- Skin
- Muscles
- Scales
- Bone & Tendons
The largest market share is held by the bone & tendons segments. In fish, the collagen content in bones and tendons is higher than in other parts, constituting approximately 50 to 60% of the total collagen in the fish. Consequently, collagen extraction primarily focuses on bones and tendons. Fish skin contains intricate structural proteins that contribute to the flexibility and strength of various body parts such as skin, ligaments, bones, joints, muscles, tendons, gums, eyes, blood vessels, nails, and hair. Utilizing fish skin waste as a collagen source presents a promising alternative. There is a higher demand for Type 1 collagen derived from fish, specifically from the scales and skin of various freshwater and saltwater fish, surpassing the demand for the other type sourced from bones and tendons.
-By Category
- Fish- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Algae- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Others- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
-By Type
- Type I – Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Type III – Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
-By Form
- Powder- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Liquid- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
-By Application
- Food & Beverages- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Pharmaceuticals- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Dietary Supplements- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Cosmetics- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
- Others- Market Size & Forecast 2019-2030F, USD Million & Thousand Tons
Marine Collagen Market Geographical Reach:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Marine Collagen market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
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