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Fish Collagen Peptides Market Size By Source (Skin, Bones, Scales, Fins), By Application (Food & Beverage, Nutraceuticals {Dietary Supplements, Functional Food}, Cosmetics {Skincare, Haircare, Injectables}, Pharmaceuticals {Musculoskeletal, Endocrine Supplements, Cardiovascular diseases}, Animal Nutrition {Poultry, Pork/Swine, Cattle, Pets}, Agriculture) Industry Analysis Report, Regional Outlook, Application Development Potential, Covid-19 Impact Analysis, Price Trends, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI4644
  • Published Date: Dec 2022
  • Report Format: PDF

Industry Statistics

Fish Collagen Peptides Market size was valued at USD 750 million in 2022 and is predicted to record a 4.5% CAGR during the forecast timeline of 2023-2032. Growing usage of fish collagen peptides in the pharmaceutical industry will expand global industry growth.
 

Fish Collagen Peptides Market

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Fish collagen peptides are gaining popularity among the younger generation due to their high protein content and benefits, such as anti-aging properties and ability to promote bone formation.  Supplements and medications containing these peptides can reduce inflammation. These ingredients are also widely utilized in the pharmaceutical industry for wound healing and pain treatment in patients suffering from bone and joint conditions like osteoarthritis. They also heal joint pain, further increasing their usage in pharmaceutical applications.
 

The growing consumption of protein supplements will offer several business opportunities to fish collagen peptide manufacturers. The use of fish-derived extracts in dietary supplements and functional meals has increased due to the introduction of cutting-edge technologies, including micro-encapsulation and grafting, which will improve the overall market projections. Rising customer preference for fat-free and nutrient-rich foods will also boost product demand.
 

While fish collagen peptides are gaining traction among young customers, there is a large availability of substitute products, which might hinder the global fish collagen peptides market progress. Furthermore, there is a robust need to develop effective processing methods to remove certain compounds without affecting the solubility and functionality of the protein, which can raise production costs.
 

These processes will also need to be put through further investigation, as the acid and heat treatments that are often used can result in protein denaturation and reduced functionality. At present, the commercial production of fish collagen peptides is limited, making it challenging for manufacturers to expand their customer base outside Europe.
 

Fish skin-derived collagen supplements gain preference due to health benefits

Global Fish Collagen Peptides Market, By Source

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Fish collagen peptides market value from the skin source segment is predicted to surpass USD 875 million by 2032. This type of collagen can be obtained from a variety of fish by-products, including skins, which are consumed daily in various parts of the world but go to waste in large volumes. This includes over 50 to 70% of the original raw material, which is generated in fish shops and processing factories. Supplements made from fish skin collagen are being developed on a large scale across the world as they boost hair, skin, and nail growth.
 

Broad application scope to increase fish collagen peptides use in pharmaceutical sector

Global Fish Collagen Peptides Market, By Application,

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Fish collagen peptides industry size from the pharmaceutical applications is anticipated to register more than 4% CAGR through 2032. There are certain properties in fish collagen that reduce the risks of heart disease & obesity and help consumers maintain a healthy blood pressure level. Features such as low production costs, increasing R&D expenditure, quality of product, and decreasing allergies owing to healthier lifestyles are likely to fuel product use in medical applications.
 

Fish collagen peptides market share from the food & beverage application will be worth over USD 335 million by 2032. Consumers across the world are increasing their inclination towards healthier beverages, especially those enriched with protein supplements. Nutrient-rich sports foods and drinks are emerging as among the largest consumers of fish collagen peptides. These products can enhance the body’s metabolism and keep the sugar level under control. These peptides also improve muscle mass, power, and nutrition composition of the body.
 

Focus on skin & hair health will enhance APAC fish collagen peptides market forecasts

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Asia Pacific fish collagen market value is projected to be worth more than USD 375 million by 2032. The product is extensively used as a supplement for improving skin and hair health. Continuous biologic advancements in skin and haircare industries across the Asian continent are thus driving the development of innovative and effective solutions. Since they are a rich source of bioactive compounds, such as peptides and proteins, fish have attracted enormous interest among nutraceutical manufacturers. Fish collagen peptides are also used in the food industry as they are smaller in size, which aids in their digestion, absorption, and distribution throughout the body, thereby strengthening the regional market statistics.
 

Partnerships among leading players will strengthen industry landscape

Rousselot, Nitta Gelatin, Inc., Gelita AG, Capsugel Belgium NV, Amicogen, Inc, Vivesa Holding S.R.O, Norland Products, Hainan Huayan Collagen Biotech Co, Ltd., Hangzhou Nutrition Biotechnology Co., Ltd, Connoils, and Lapi Gelatine, among others, are some of the reputed companies operating in the fish collagen peptides industry. With the help of strategic partnerships, mergers, and acquisitions, these companies are focused on cementing their market position to gain a competitive edge.
 

COVID-19 pandemic effect on fish collagen peptide market trends

While other industries struggled to earn profits during the COVID-19 outbreak in 2020, the fish collagen peptides market registered substantial growth during this period. One of the major factors contributing to this was the robust demand for nutraceuticals among customers to improve their immunity and avoid getting infected by the virus. This intensifying focus on health management provided nutraceutical manufacturing companies with several opportunities to incorporate fish collagen peptides in their products and expand their portfolios.
 

The Global fish collagen peptides Market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in tons & in terms of revenue in USD million from 2018 to 2032 for the following segments:

By Source

  • Skin
  • Bones
  • Scales
  • Fins

By Application

  • Food & Beverage
  • Nutraceuticals
  • Cosmetics
  • Pharmaceuticals
  • Animal Nutrition
  • Agriculture

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Thailand
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

 

Authors: Kunal Ahuja, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size fish collagen peptides was worth USD 750 million in 2022 and is predicted to record a 4.5% CAGR during the forecast timeline of 2023-2032, given increasing consumption among younger populations due to high protein content, anti-aging properties, and other benefits.

Fish skin collagen peptides market revenue is predicted to surpass USD 875 million by 2032, owing to the extensive use of the substance in producing supplements meant for boosting hair, skin, and nail growth.

Asia Pacific fish collagen market value is projected to cross USD 375 million by 2032, with nutraceutical manufacturers increasing their focus toward the development of fish collagen-based products with a high content of peptides, proteins, and other bioactive compounds.

Rousselot, Nitta Gelatin, Inc., Gelita AG, Capsugel Belgium NV, Amicogen, Inc, Vivesa Holding S.R.O, Norland Products, Hainan Huayan Collagen Biotech Co, Ltd., Hangzhou Nutrition Biotechnology Co., Ltd, Connoils, and Lapi Gelatine, among others, are some of the reputed producers of fish collagen peptides.

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 435
  • Countries covered: 21
  • Pages: 280

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