Home > Food & Beverages > Proteins > Animal-Based Proteins > Fish Collagen Peptides Market
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 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.
Report Attribute | Details |
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Base Year: | 2022 |
Fish Collagen Peptides Market Size in 2022: | USD 750 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.5% |
2032 Value Projection: | USD 1,195 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 280 |
Tables, Charts & Figures: | 435 |
Segments covered: | Source, Applications |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.