The global marine collagen market size is estimated to be valued at USD 778 million in 2021 and projected to reach USD 1,137 million by 2026, recording a CAGR of 7.9% during the forecast period. The market is strongly driven by the growing millennial population, shifting consumer preferences, augmentation of beauty and personal care industry, and increase in supplementary income among consumers. The convergence of major industry trends is giving rise to new opportunities for key players in the industry, as the market size is witnessing substantial increase.
The Asia Pacific region dominates the marine collagen market with the largest share in 2021.
Asia Pacific is projected to hold the largest share in the marine collagen market. This dominance is attributed to the region’s large-scale consumption and demand for personal care and beauty products due to the ongoing health-conscious trends, as well as the increase in the millennial population. The market is rapidly growing in Asian countries such as China and Japan owing to increased consumption of cosmetic products and nutraceutical supplements.
Key market players include Ashland (US), Darling Ingredients (US), Nitta Gelatin (US), Gelita (Germany), Italgelatine (Italy), Nippi Collagen (Canada), Weishardt (France), Titan Biotech Limited (India), Amicogen (South Korea), Rousselot (Netherlands), Seagarden (Norway), Lapi Gelatine (Italy), Connoils (US), Foodmate (China), Cobiosa (Spain), BHN (Japan), Certified Nutraceuticals (US), Jellagen (UK), Copalis.