Marine Collagen Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

Report Code: FBR 89954 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

The Marine Collagen Market is estimated to reach $983.84m by 2024, post growing at a CAGR of 7.4% during the forecast period 2019-2024. The growth of the marine collagen market is attributed to increasing use of collagen in the food and beverage industry. Moreover, growth in the cosmetics industry and the potential benefits of marine collagen to skin health is establishing new opportunities for market growth.

Report Coverage

The report, “Marine Collagen Market – Forecast (2019-2024)” by IndustryARC, provides an in-depth analysis of the following segments of the marine collagen market.

Key Takeaways

  • The marine collagen market has been analyzed to be fragmented with key players accounting for around 38.01% of the market share. Major players in the marine collagen market are Amicogen, Inc., Ashland Global Holdings Inc., BHN International Co. Ltd., Connoils LLC, and Darling Ingredients Inc.
  • The major driving factor for the marine collagen market growth is increasing demand for health supplements and protein consumption; and growing demand for cosmetic personal care products.
  • The Type I segment will register the highest growth, owing to its advantages in medical applications.
  • The Asia Pacific region is poised to contribute the largest share, accounting for 32.33% of the overall marine collagen market, owing to demand from health and drinks industry and the growing Chinese cosmetics industry.

By Type - Segment Analysis

In terms of type, the Type I sub-segment is dominating the market and is estimated to grow at a CAGR of 7.8% during the forecast period. Type I is a fibrillar type and finest investigated collagen. Since the use of Type I can encourage osteogenic distinction and mineralization of stromal marrow cells and human adipose stem cells, it is used in multiple medical products such as Collapat II, Healos, Collagraft, and Biostite. Hence, the increasing usage of Type I in various medical applications has encouraged companies to offer customized Type I solutions.

Application - Segment Analysis

Cosmetics is the largest application segment for the marine collagen market globally. The market for cosmetics was valued at $262.06m in 2018 and is projected to grow at a CAGR of 7% during the forecast period.  Marine collagen is being increasingly adopted by the cosmetics industry for various anti-aging and anti-wrinkle products. In contrast to animal collagen, marine collagen does not cause irritation as it is free of pathogens, a factor that is strongly increasing the use of marine collagen in cosmetics. The ability of collagen to retain water is also one of the major factors leading to its increasing adoption by the cosmetic industry.

Geography - Segment Analysis

The Asia Pacific region held the largest market share of the marine collagen market in 2018. Increasing demand for health drinks and supplements is one of the most prominent factors supporting the market growth in this region. Moreover, the Chinese cosmetics industry is one of the most promising industries, owing to expansion of the men’s cosmetics segment, combined with consumers’ spending habits and availability of retail platforms in the region. Due to its characteristics, marine collagen is one of the key ingredients used in cosmetics for wrinkle reduction. Additionally, the favorable government regulations for collagen will support growth of the marine collagen market in countries such as Australia and New Zealand.

Drivers - Marine Collagen Market

·         Increasing demand for health supplements & high protein consumption:

Consumption of marine collagen-derived supplements can decrease the risk of bone illnesses such as osteoporosis. It helps in increasing bone mineral density (BMD) and reduces the risk factors relating to heart conditions such as atherosclerosis. Hence, growing consumer awareness relating to marine collagen's health benefits has resulted in high demand for marine collagen based supplements with high protein. Due to various applications of marine collagen, the market is witnessing significant growth.

·         Demand in the Cosmetics Industry :

Marine collagen-based formulations are emerging as promising solutions for the Personal Care industry that constantly seeks innovative, sustainable and effective products. The ability to increase skin comfort; epidermis nutrition; enhance skin elasticity; skin and hair conditioning and filmogen; and neutralize the side effects of surfactants are some features of marine collagen that drive market growth.

Challenges – Marine Collagen Market

·        Increased prices of raw materials

High prices of raw materials and associated processing costs during marine-based collagen formulation is the major constraint hindering market growth. Additionally, supply shortages and increased prices of raw materials are significant problems for manufacturers of beauty and health supplements, in line with increasing demand for marine collagen worldwide. 

·        Various denaturation temperatures

The temperature of marine collagen is lower than that of mammalian collagen, calf collagen and porcine collagen. Due to differences in denaturation temperature, it is difficult to extract collagen from marine. Thus, the denaturation temperature is another factor that hampers processing of marine collagen products.

Market Landscape

Acquisitions and product launches are some major strategies being adopted by key players in the Marine Collagen Market. Companies are trying to create their own mark in the market by adopting new technologies at a rapid rate. As a result, the number of product launches are increasing every year. In 2018, the key companies in the Marine Collagen Market accounted for 38.01% of the market share. The major players in the market include Amicogen, Inc., Ashland Global Holdings Inc., BHN International Co. Ltd., Connoils LLC, Darling Ingredients Inc., Bega Bionutrients, Seagarden AS, and Gelita AG, among others.

Partnerships/Mergers/Acquisitions/Product Launches

  • In February 2019, Gelita AG launched the Bioactive collagen peptide brand which offers specific and optimized collagen peptides that strengthen the tendons and ligaments.
  • In February 2017, Vinh Hoan Corporation acquired 100% shares in fellow processor Thanh Binh Dong Thap Fisheries for VND 360 billion ($15.61m).

 R&D Investments/Funding

Marine Biotechnologies, the first commercial manufacturer of jellyfish collagen for cell culture and medical applications such as wound care and regenerative medicine, has attracted funding from Newable Private Investing, Development Bank of Wales and angel investors amounting to $5.3m (£3.8m).

Marine Collagen Market Research Scope:

The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Marine Collagen market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of sources from which collagen is extracted; and applications of marine collagen.

1. Marine Collagen Market - Overview
        1.1 Definitions and Scope
2. Marine Collagen Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Marine Collagen Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Marine Collagen Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Marine Collagen Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Marine Collagen Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Marine Collagen Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Marine Collagen Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Segment Analysis
8.3.1 Type I 
8.3.2 Type III 
8.3.3 Others
9. Marine Collagen Market - By Source (Market Size -$Million / $Billion)
9.1 Skin, Scales, and Muscles
9.2 Bones & Tendons 
9.3 Others
10. Marine Collagen - By Animal (Market Size -$Million / $Billion)
10.1 Fish 
10.2 Others
11. Marine Collagen - By Application (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
            11.3.1 Nutraceuticals
            11.3.2 Cosmetics
            11.3.3 Medical
            11.3.4 Others
12. Marine Collagen- By Geography (Market Size -$Million / $Billion)
        12.1 Marine Collagen Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Marine Collagen- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Marine Collagen- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Marine Collagen - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Marine Collagen - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Marine Collagen Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Marine Collagen Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Marine Collagen Market - Key Company List by Country Premium
16. Marine Collagen Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 Amicogen
        16.3 Ashland
        16.4 BHN
        16.5 Connoils
        16.6 Darling Ingredients
        16.7 Gelita
        16.8 Intalgelatine
        16.9 Nippi Incorporated
        16.10 Nitta Gelatin
        16.11 Seagarden
        16.12 Taiaitai
        16.13 Vital Proteins
        16.14 Weishardt Group
        16.16 Company 16
        16.16 Company 16 & More
*Financials would be provided on a best efforts basis for private companies
17. Marine Collagen Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Marine Collagen Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Marine Collagen Market By Type Market 2019-2024 ($M)
2.Global Marine Collagen Market By Source Market 2019-2024 ($M)
2.1 Bones & Tendons Market 2019-2024 ($M) - Global Industry Research
3.Global Marine Collagen Market By Type Market 2019-2024 (Volume/Units)
4.Global Marine Collagen Market By Source Market 2019-2024 (Volume/Units)
4.1 Bones & Tendons Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Marine Collagen Market By Type Market 2019-2024 ($M)
6.North America Marine Collagen Market By Source Market 2019-2024 ($M)
6.1 Bones & Tendons Market 2019-2024 ($M) - Regional Industry Research
7.South America Marine Collagen Market By Type Market 2019-2024 ($M)
8.South America Marine Collagen Market By Source Market 2019-2024 ($M)
8.1 Bones & Tendons Market 2019-2024 ($M) - Regional Industry Research
9.Europe Marine Collagen Market By Type Market 2019-2024 ($M)
10.Europe Marine Collagen Market By Source Market 2019-2024 ($M)
10.1 Bones & Tendons Market 2019-2024 ($M) - Regional Industry Research
11.APAC Marine Collagen Market By Type Market 2019-2024 ($M)
12.APAC Marine Collagen Market By Source Market 2019-2024 ($M)
12.1 Bones & Tendons Market 2019-2024 ($M) - Regional Industry Research
13.MENA Marine Collagen Market By Type Market 2019-2024 ($M)
14.MENA Marine Collagen Market By Source Market 2019-2024 ($M)
14.1 Bones & Tendons Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Marine Collagen Market Revenue, 2019-2024 ($M)
2.Canada Marine Collagen Market Revenue, 2019-2024 ($M)
3.Mexico Marine Collagen Market Revenue, 2019-2024 ($M)
4.Brazil Marine Collagen Market Revenue, 2019-2024 ($M)
5.Argentina Marine Collagen Market Revenue, 2019-2024 ($M)
6.Peru Marine Collagen Market Revenue, 2019-2024 ($M)
7.Colombia Marine Collagen Market Revenue, 2019-2024 ($M)
8.Chile Marine Collagen Market Revenue, 2019-2024 ($M)
9.Rest of South America Marine Collagen Market Revenue, 2019-2024 ($M)
10.UK Marine Collagen Market Revenue, 2019-2024 ($M)
11.Germany Marine Collagen Market Revenue, 2019-2024 ($M)
12.France Marine Collagen Market Revenue, 2019-2024 ($M)
13.Italy Marine Collagen Market Revenue, 2019-2024 ($M)
14.Spain Marine Collagen Market Revenue, 2019-2024 ($M)
15.Rest of Europe Marine Collagen Market Revenue, 2019-2024 ($M)
16.China Marine Collagen Market Revenue, 2019-2024 ($M)
17.India Marine Collagen Market Revenue, 2019-2024 ($M)
18.Japan Marine Collagen Market Revenue, 2019-2024 ($M)
19.South Korea Marine Collagen Market Revenue, 2019-2024 ($M)
20.South Africa Marine Collagen Market Revenue, 2019-2024 ($M)
21.North America Marine Collagen By Application
22.South America Marine Collagen By Application
23.Europe Marine Collagen By Application
24.APAC Marine Collagen By Application
25.MENA Marine Collagen By Application
26.Ashland, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Darling Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nitta Gelatin, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Gelita, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Weishardt Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Amicogen, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Nippi Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Seagarden, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Vital Proteins, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Connoils, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.BHN, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Taiaitai, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Intalgelatine, Sales /Revenue, 2015-2018 ($Mn/$Bn)