Marine Collagen Market Is Set To Grow $1,186.7 Million at 7.0% CAGR By 2028

According to the current analysis of Reports and Data, the global Marine Collagen Market was valued at USD 696.5 Million in 2020 and is expected to reach USD 1,186.7 Million by the year 2028, 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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Further key findings from the report suggest

• 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.

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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

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

• North America
  • US.
  • 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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