Fish Collagen Peptide Market Overview
The global fish collagen peptides market size is estimated to reach at a CAGR of 5.9% during the forecast period (2026-2033).
Fish have instigated huge interest among pharmaceutical and nutraceutical manufacturers as a rich source of bioactive compounds, including peptides and proteins. The fish collagen peptides market has gained popularity, owing to their reported effectiveness in skincare and hair care, and ongoing bioactivities among these industries are feeding research for the development of innovative and more effective cosmeceutical products.
Fish Collagen Peptide Market Scope
| Metrics | Details |
| Market CAGR | 5.9% |
| Segments Covered | By Source, By Application, and By Region |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
| Fastest Growing Region | Asia Pacific |
| Largest Market Share | North America |
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Fish Collagen Peptide Market Dynamics
The fish collagen peptides market growth is driven by the increasing acceptance of skins in cosmetics, Increase in Social Awareness about Personal Well-being, Increasing demand for nutraceuticals to enhance immunity as well overall health.
Increase in preference for marine collagens in cosmetic Industry, is expected to drive the global fish collagen peptide market growth
An increase in preference for minimally or non-invasive surgical procedures drives growth and acceptance of fish collagen peptide products. For instance, in particular, marine collagens are being presented as excellent functional ingredients for the cosmetic industry because of several properties such as anti-aging, anti-wrinkling, UV radiation protectors, and excellent moisturizing action.
The rise in dermal fillers and nutrition supplements supports the uptake of marine collagen products compared to invasive cosmetic procedures. Marine collagen-based materials prevent the moisture and heat loss from the wounded tissue while also providing a microbial infiltration barrier. For instance, according to the American Society of Plastic Surgeons, soft tissue fillers (EVOLENCE collagen filler) accounted for a significant share of minimally invasive cosmetic procedures in 2014. The number of these procedures increased by 3.0% in 2013.
These all facts increase the preference for minimally invasive or non-invasive collagen-based products. In addition, topical collagen formulations and food supplements are capable of providing the benefits of cosmetic surgeries. The high preference for these procedures is attributed to ease of treatment, affordable treatment options, increased access to therapy service providers, and safe procedures.
Therefore, these factors are boosting fish collagen peptide products to be well-positioned in the esthetic treatment market. Moreover, manufacturers in the fish collagen peptides market make major investments in developing novel formulations with high efficacy and reliability.
Presence of alternative substitutes is likely to hinder the market growth
Fish collagen peptides industry is hampered by alternative substitution from plant proteins which is low at price. For instance, according to the Journal of American Medical Association (JAMA, August 2016) directly compared animal protein with plant protein, the plant-based protein seemed to weigh less, exercise more, eat less food high in saturated fats and use less tobacco, and alcohol.
Fish Collagen Peptide Market Segment Analysis
The fish skin segment is expected to hold largest share in this market segment
The increasing popularity of fish peptide collagen in the U.S. and Europe has raised the growth of the fish skin segment. In addition, increasing the introduction of supplements that have been developed from fish skin collagen to promote healthy hair, skin, and nails are further increasing the product demand. Fish collagen Peptide from fish scales is often used in functional foods as additives. They are mainly consumed in hydrolyzate form. It is also used in cosmetics applications due to its tight structure, physical properties, and thermal stability.
The pharmaceuticals segment is expected to hold largest share in this market segment
The introduction of innovative technology in this field, such as micro-encapsulation technology and grafting, has boosted fish-derived extracts in dietary supplements and functional foods, thereby boosting the overall market forecasts. In addition, the rising inclination of consumers towards fat-free and nutritious products will further increase the product demand.
Fish collagen peptides are witnessing high popularity owing to their maximum protein content and overall benefits, such as anti-aging properties and bone growth promotion. In addition, fish collagen peptide supplements and medicines help to lower the inflammation in the body. Therefore, they are highly adopted in the pharma sector and used for pain relief among patients with bone and joint disorders such as osteoarthritis; they also help recover the wound, thus increasing the demand in pharmaceutical application.
For instance, in February 2019, Capsugel Belgium NV (Lonza) announced that it expanded its distribution agreement with Quadra Chemicals Ltd (Quadra) in Canada. With this, the company aims to boost its full range of consumer health and nutrition ingredients, including its UC-II undenatured type II collagen, in the country.
Fish Collagen Peptide Market Geographical Share
North America region holds the largest market share of global fish collagen peptide market
Increasing investments in research & development for product innovations and a positive outlook toward industrial livestock are expected to boost the regional market share. It is widely adopted as a lean meat replacement in North American countries, especially in the US. Moreover, the increasing adoption of collagen-based products in the US is anticipated to increase the market demand in the foreseeable timeframe. The rising commercialization of collagen-based drug delivery systems is further propelling the regional market outlook.
The growing geriatric population and the rising awareness of the skin benefits of fish collagen peptides will fuel the regional market expansion in the cosmetic industry. Fish collagen peptides are used in cosmetic products as they consist of anti-aging properties and helps to reduce wrinkles. Thus, expanding the fish collagen peptide in the healthcare and cosmetics sector in this region may propel the market demand in the forecast period.
Fish Collagen Peptide Companies and 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., 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.
Key Companies to Watch
Rousselot
Overview: Rousselot was founded in France in 1891 by Edouard Rousselot. The company offers the broadest range of gelatins and collagens. In 2002, Rousselot became a part of VION Ingredients, a worldwide leader in developing and producing specialty ingredients of animal origins. Six years later, they strengthened their global position by acquiring Peptan, now the leading collagen peptide brand. In 2014, Rousselot became a part of Darling Ingredients.
Product Portfolio: They produce many different gelatin and collagen-based products for industries and consumers around the world.
Key Developments: In March 2018, Rousselot, a prominent manufacturer of gelatin for the pharmaceutical, food, and nutrition industries, announced the launch of Peptan IIm, a hydrolyzed collagen type II matrix. Peptan IIm is a new joint health supplement that offers multiple benefits.
