The global fish collagen peptides market thrives as collagen, a dominant protein in human muscles, bones, tendons, and hair, takes center stage. Fish collagen, with its superior attributes of low molecular weight and small particle size, emerges as a prime variant. Offering benefits such as joint relief, anti-aging properties, safety, and bone density maintenance, fish collagen peptides epitomize a sought-after solution. Its diverse advantages across wellness and cosmetic segments contribute to the market's robust growth, catering to health-conscious consumers seeking multifaceted benefits.
According to Data Bridge Market Research the Global Fish Collagen Peptides Market which was USD 320.21 million in 2021, would rocket up to USD 624.12 million by 2029 and is expected to undergo a CAGR of 8.70% during the forecast period 2022 to 2029.
“Escalating prevalence of joint disorders facilitate market growth”
The global fish collagen peptides market is driven by the escalating prevalence of joint disorders. As joint-related health concerns become more widespread, individuals seek effective solutions to support joint health and alleviate discomfort. Fish collagen peptides offer bioactive properties that aid in maintaining joint function and reducing joint-related issues. The growing recognition of fish collagen peptides' potential to enhance joint mobility and alleviate discomfort fuels their demand, positioning them as a sought-after solution in the market and propelling its growth trajectory.
What restraints the growth of the global fish collagen peptides market?
“Demand-supply gap”
The global fish collagen peptides market encounters a constraint stemming from a significant demand-supply gap. The soaring consumer interest and awareness about the health and beauty benefits of fish collagen peptides have led to heightened demand. However, the limited availability of sustainable and high-quality fish sources for collagen extraction creates a challenge in meeting this demand. As demand outpaces supply, manufacturers may face difficulties in ensuring consistent and sufficient product availability, hindering the market's potential for sustained growth and widespread adoption.
Segmentation: Global Fish Collagen Peptides Market
The fish collagen peptides market is segmented on the basis of type, application, and classification.
- On the basis of type, the fish collagen peptides market is segmented into fish skin and scales, fish bones, and fins.
- On the basis of application, the fish collagen peptides market is segmented into bone and joint health, nutraceuticals, cosmeceuticals, pharmaceuticals, foods and beverages, sports nutrition, and nutricosmetics, among others.
- On the basis of classification, the fish collagen peptides market is segmented into marine fish collagen peptides, and freshwater fish collagen peptides.
Regional Insights: North America dominates the Global Fish Collagen Peptides Market
North America leads the fish collagen peptides market driven by rising joint and bone disorders and a growing geriatric demographic. The region's prevalence of such health issues necessitates collagen supplementation for joint health. With an increasing elderly population seeking proactive measures, North America dominates in catering to bone health needs, propelling fish collagen peptides' demand and market prominence.
Asia-Pacific anticipates rapid growth in fish collagen peptides due to the surging geriatric population and heightened awareness of collagen peptide benefits. As elderly populations increase, collagen's popularity soars for joint and skin health. The region's growing consciousness of collagen's advantages, alongside biomedical applications, drives demand, positioning Asia-Pacific as a hub of expansion and innovation in fish collagen peptide consumption.
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The Prominent Key Players Operating in the Global Fish Collagen Peptides Market Include:
- GELITA AG (Germany)
- Amicogen (South Korea)
- Hangzhou Nutrition Biotechnology Co.,Ltd (China)
- Nitta Gelatin India Limited (India)
- N.A. Gelatin Inc. (China)
- Norland Products (U.S.)
- Rousselot (Belgium)
- Tessenderlo Group (Belgium)
- BHN Co.,Ltd. (Germany)
- Nippi Collagen NA Inc (Canada)
- HealthyHey Nutrition (India)
Above are the key players covered in the report, to know about more and exhaustive list of global fish collagen peptides market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Fish Collagen Peptides Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
