North America Marine Collagen Market By Type (Type I, Type II, Type III, Type IV), Sources (Skin & Scales, Cartilage & Bone, Umbrella, Intestine, Fins, Heads, Others), Category (Cultured, Captured), Form (Powder, Liquid), Species (Marine Fish, Marine Sponges, Krill, Squid, Marine Algae, Others), Application (Food & Beverages, Nutraceuticals & Dietary Supplements, Personal Care & Cosmetics, Animal Feed, Pharmaceuticals, Research & Institution, Others), Country (U.S., Canada, Mexico) - Industry Trends and Forecast to 2026
Market Analysis and Insights: North America Marine Collagen Market
Marine collagen market is expected to gain market growth in the forecast period of 2019 to 2026. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.9%in the forecast period of 2019 to 2026 and expected to reach USD 1,112.54 million by 2026 from USD 659.85 million in 2018. Growing application of marine collagen in medical and pharmaceuticals sector.
Marine fish is one of the healthiest foods as it gives high protein values to the human bodies having low fat comparing to the other foods. People are now becoming more conscious about health and are focusing on adapting healthier food for body as well as the increasing per capita disposal income is driving the fish food products demand in the global market.
The growing application of marine collagen in pharmaceuticals and nutraceutical products and preference of populations towards the healthy lifestyle leading the manufacturers to develop the products composed of nutritious ingredient with enriched health benefits. For instance, In September 2019, Vital Proteins LLC, which is a U.S. based leading producer of nutritious products for health, fitness and beauty, has launched range of liquid collagen creamers. These creamers are available in four different flavors such as mocha, coconut, hazelnut and vanilla. These products are free from added sugar, dairy and gluten. It is manufactured without any harmful binding agents such as binders, gums and fillers. These properties help to attract large number of customers towards these products, which further improves the consumption of collagen.
This marine collagen market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Marine collagen Market Scope and Market Size
North America marine collagen market is segmented of the basis of type, sources, category, form, species and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on type, the market is segmented into type I, type II, type III and type IV. In 2020, type I segment is dominating the market due to their essential functions in support of bone health, skin, muscles and hair & nail development and in their maintenance. Type I is incorporated with the properties to provide high elasticity which makes their feasibility in the usage more in cosmetics and food especially in bakery and nutritional supplements. Due to their wide application and benefits in body health leading their utilization more among industrial manufacturers. For instance, in June 2018, HUM Nutrition Inc. (U.S.) launched Collagen Pop which produced to address the dull and dry skin and to produce the elasticity to firm the skin. The company was collaborated with the Sephora to promote the campaign to launch Collagen Pop nationally. The advancement in the product to treat and address the water composed with vitamin C and marine collagen peptide to improve the skin including wrinkles, fine lines, hyperpigmentation, tone, texture and smoothness. The advancement in the cosmetic products and their launches using marine collagen as ingredient accelerating the market growth.
Based on sources, the market is segmented into skin & scales, cartilage & bone, umbrella, intestine, fins, heads, guts and others. The skin and scales is dominating the market due to marine collagen derived from the skin and scales demonstrate the high level of stability among cross linked scaffolds. The nanofibers patch made of marine collagen extracted from the fish scale is majorly used in wound healing. The growing utilization of the skin and scales in the production of marine collages augmented to the market growth. For instance, In June 2018, HUM Nutrition Inc. launched new marine collagen based tablets for the U.S. market. The new innovative product is dissolving collagen tablets developed under functional beverage category. Through this new product company entered in the collagen based product market which is major threat for existing market players
Based on category, the market is segmented into cultured and captured. The captured fishes production is dominating the market due to the high rate of capture of marine species marine species and marine sources extracted from species such as fine , scales, skins and others whereas growing aquaculture industry and farming of marine species being an opportunity for collagen market.
For instance, According to Food and Agriculture Organization (FAO) in North America the total captured fishes in 2016 was estimated around 7,040,025.00 tonnes. The growth in the production of captured marine species leads to extraction of marine sources helps in production marine collagen.
Based on form, the market is segmented into powder and liquid. The powder form segment is owing to dominate the market as, the raw marine sources are directly distributed in bulk in form of powder to various industries including pharmaceuticals, food and beverages, cosmetics and animal feed. Due to the feasibility in the transportation and handling leads to high adaptation in the bulk powder form and leading to their market dominance in marine collagen market. Companies providing and launching new products incorporated with marine collagen for functional dinks, for instance, In September 2019, DolCas Biotech, LLC., a provider of natural ingredient products has introduced marine-sourced tripeptide collagen called MoriKol. This offers consumer friendly and clean-label alternative to porcine and bovine collagen. Through this development, the consumers can get clinically supported daily supplement. Unlike other collagens, marine collagen has low molecular weight which helps to allow low ingredient dosing for the consumers.
Based on species, the market is segmented into marine fish, marine sponges, krill, squid, marine algae and others. Marine fish segment is dominating as the major volume of marine collagens is extracted from the fins, scales, skins and other fish parts. The fishes are mostly cultured and captured and high demand of the fish based products owes to high production of fishes and the extraction of ingredients produced from the sources. The high capture production of marine species in U.S., leading the country as leader in North America region, for instance, According to Food and Agriculture Organization (FAO) in 2016 the total capture fisheries accounted approximately 48,973,22 Tonnes per year.
Based on application, the market is segmented into food & beverages, nutraceuticals & dietary supplements, personal care & cosmetics, animal feed, pharmaceuticals, research & institution and others. The food and beverages segment is dominating the market as the growing demand of the marine based ingredient and adaptation of healthy lifestyle by the American population in healthy drinks and food products. The demand and development of the drinks and food by the vendors accelerate the application of marine collagen in food products. For instance, In October 2019, Goop, Gyneth Paltrow has launched a drink, which is known as marine collagen superpowder. This product promotes energy and anti-ageing property. This product incorporates marine collagen, phytoceramides and astaxanthin. This product launch encourages the customers to adopt healthy lifestyle and organic product.
Marine Collagen Market Country Level Analysis
North America marine collagen market is analysed and market size information is provided by country by type, sources, category, form, species and application as referenced above.
The countries covered in the marine collagen market report are U.S., Canada and Mexico in North America.
North America marine collagen market is growing concern regarding healthy lifestyle and preferences of sea based ingredients is expected to grow at the significant growth rate in the forecast period of 2020 to 2027. For instance, In September 2019, according to the dmg media limited’s news, the two times Wimbledon champ Andy Murray is using marine collagen based liquid supplement to strengthen his joints, bones and immune system. The 10,000 mg marine collagen based supplement is consumed by the player which will help him to recover faster.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in Adaptation of Sea Based Products
North America marine collagen market also provides you with detailed market analysis for every country growth in installed base of different kind of products for marine collagen market, impact of technology using life line curves and changes in marine ingredient’s regulatory scenarios and their impact on the marine collagen market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Marine collagen Market Share Analysis
North America marine collagen market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America marine collagen market.
The major players covered in the report are ProPlenish, Vital Proteins LLC., Certified Nutraceuticals Inc., Nutrawise Health & Beauty Corporation, Norland Products Inc., Darling Ingredients Inc., ETChem, Vinh Hoan Corporation, COBIOSA, BESTSKIN USA, Ashland, LAPI GROUP SpA, SAS Gelatines Weishardt, HiMedia Laboratories, Seagarden AS, Nitta Gelatin Inc., Amicogen, Inc., Nippi. Inc., BHN Co., Ltd., Juncà Gelatines SL, HUM Nutrition Inc. among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In September 2019, Vital Proteins LLC. has introduced new range of liquid collagen creamers in U.S. at the Natural Products Expo. Each bottle of crème is free from gluten, added sugar and dairy. It also contains 5gram of collagen per bottle. This development will help the company` to attract new customers by expanding product portfolio
- In March 2019, Vital Proteins LLC. has launched Collagen Water, which is their latest addition in collagen portfolio. This comes in 12 oz. of bottle size and offers 10 grams of proprietary Collagen Peptides. This will help the company to enhance its collagen product portfolio.
Partnership, collaboration and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for electric vehicles through expanded model range
Customization Available: North America Marine Collagen Market
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