In-Depth Analysis of the Global Marine Collagen Market: 2024-2030 Forecasts
MarkNtel Advisors has recently released an in-depth study on the Marine Collagen Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
How big is the Marine Collagen Market Industry?
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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Who are the top players in the Marine Collagen Market?
- 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
Global Marine Collagen Market Segmentation:
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 Source
- Skin- Market Size Forecast 2019-2030F, USD Million Thousand Tons
- Muscles- Market Size Forecast 2019-2030F, USD Million Thousand Tons
- Scales- Market Size Forecast 2019-2030F, USD Million Thousand Tons
- Bone Tendons- 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
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Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
What are the primary market drivers influencing the growth of Marine Collagen Market?
Global Marine Collagen Market Driver:
Increasing Awareness Among Consumers Regarding the Health Benefits of Marine Collagen – The upward trajectory in the preference for supplements as a strategy to manage healthcare costs is poised to significantly boost the market growth of marine collagen. This inclination is further catalyzed by the introduction of new delivery forms, backed by scientific evidence supporting the health claims associated with marine collagen. Additionally, the surge in consumer awareness is expected to drive sales of supplements based on marine collagen.
According to a survey commissioned by Swiss multinational Lonza and conducted by the Natural Marketing Institute (NMI), a substantial majority of consumers in Germany, France, and Italy expressed a willingness to consider purchasing joint health products, thereby fostering the market for marine collagen. The growing awareness among consumers regarding the myriad health benefits linked to collagen, encompassing bone, muscle, and joint health, positions marine-based collagen supplements as a cost-effective and appealing option, contributing to the increasing consumer preference for these products.
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Gain a Competitive Edge with Market Research Report
- The Global Marine Collagen Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
- Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
- The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
- Apart from market trends and projections, the Global Marine Collagen Market Report assists in assessing and mitigating risks associated with entering or operating in the market
- By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.
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