Market Overview:
The Global Fish Collagen Peptide Market size was valued at US$ YY billion in 2022 and is estimated to reach US$ YY billion by 2029, growing at a CAGR of 5.9% during the forecast period (2022-2029).
Fish have instigated massive interest among pharmaceutical and nutraceutical producers as a wealthy source of bioactive compounds, including peptides and proteins. The fish collagen peptides marketplace has gained reputation, as a result of their mentioned effectiveness in skin care and hair care, and ongoing bioactivities among those industries are feeding research for the improvement of modern and more powerful cosmeceutical merchandise.
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Market Dynamics
Increase in preference for marine collagens in cosmetic Industry, is anticipated to drive the worldwide fish collagen peptide market boom
An boom in preference for minimally or non-invasive surgical processes drives increase and attractiveness of fish collagen peptide products. For instance, specially, marine collagens are being offered as super purposeful components for the beauty enterprise due to several houses which includes anti-getting older, anti-wrinkling, UV radiation protectors, and terrific moisturizing action.
The upward push in dermal fillers and vitamins dietary supplements helps the uptake of marine collagen products in comparison to invasive beauty methods. Marine collagen-based substances prevent the moisture and warmth loss from the wounded tissue whilst also imparting a microbial infiltration barrier. For example, consistent with the American Society of Plastic Surgeons, tender tissue fillers accounted for a tremendous proportion of minimally invasive cosmetic techniques in 2014. The quantity of those procedures extended by 3% in 2013.
These all data growth the desire for minimally invasive or non-invasive collagen-based products. In addition, topical collagen formulations and meals supplements are able to imparting the benefits of beauty surgical procedures. The excessive desire for those procedures is attributed to ease of treatment, affordable treatment options, increased access to therapy carrier carriers, and safe procedures.
Therefore, those factors are boosting fish collagen peptide merchandise to be well-placed in the esthetic treatment marketplace. Moreover, manufacturers within the fish collagen peptides marketplace make most important investments in growing novel formulations with high efficacy and reliability.
Market Segmentation:
By Source
- Fish Skin
- Fish Scale
- Fish Bone
- Fish Fins
By Application
- Pharmaceuticals
- Food & Beverage
- Nutraceuticals
- Cosmetics
- Animal Nutrition
Competitive Landscape
The global fish collagen peptide market is highly competitive with presence of global companies. Some of the key players which are contributing to the growth of the market include Capsugel Belgium NV (Lonza), Rousselot, GELITA AG, Hangzhou Nutrition Biotechnology Co., Ltd., Amicogen, Inc., Norland Products, Inc., Nitta Gelatin, Inc., and Vivesa Holding S.R.O, HealthyHey Nutrition, LAPI GELATINE Spa.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, in 2018, Amicogen, Inc., a South Korean company, engaged in the development, production, and distribution of enzymes, entered into an agreement with Kang Maislin, a health and beauty distributor, for the establishment of a joint venture. The company announced that it aims to establish a fish collagen peptides facility as well as sales office in Qingdao, China, in order to get an access to raw material supply in the country.
Trending Topics
Enteral Collagen Peptide Protein Market
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