Fish Collagen Peptides Market Size, Share, Growth, Trends, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

According to Vision Research Reports, the global fish collagen peptides market size surpassed at US$ 255 Mn in 2019, and to reach US$ 500 million by 2027 with a CAGR of 8.1% from 2020 to 2027.

Rigorous research and development on regenerative medicine & wound healing and increase in the usage of fish collagen peptides in cosmeceuticals are the major factors anticipated to drive the global fish collagen peptides market from 2020 to 2027.

Cosmeceuticals: A Profitable End-use Industry for the Fish Collagen Peptides Market

Increasing consumer awareness about the health benefits of fish collagen peptides in reducing joint pain and improving gut health will continue to be an important factor driving sales in the fish collagen peptides market space. However, marine collagen is gaining popularity for its effects on improving skin elasticity and hair health. Eventually, growing concerns about skin and hair care are opening new avenues of growth for fish collagen peptides in the cosmeceutical industry.

Despite the limited evidence about the effectiveness of marine collagen in anti-aging applications, the demand for fish collagen peptides has remained higher in cosmeceuticals than in any other application. The cosmeceutical industry accounts for 40% revenue share of the fish collagen peptides market, and this trend will continue to prevail in the coming years. Manufacturers are capitalizing on the increasing demand for fish skin and scales in the cosmeceutical industry to gain an edge in the fish collagen peptides market.

Leading players in the fish collagen peptides market are adopting strategies to boost profitable sales with the rise in demand across other industries such as pharmaceuticals and nutraceuticals. However, high production costs and stringent regulatory standards remain among the top challenges for manufacturers in this landscape. The extensiveness of manufacturing techniques employed in isolating collagen from fish will continue to add to manufacturing costs. This, coupled with lengthy approvals and certification procedures, is likely to create a demand-supply gap in the fish collagen peptides market, in the future.

Increase in Burden of Joint Disorders to Drive Fish Collagen Peptides Market 

  • Globally, the number of individuals suffering from joint conditions such as osteoporosis and osteoarthritis is expected to increase significantly, owing to the rise in the geriatric and post-menopausal women population.
  • According to the International Osteoporosis Foundation, globally, osteoporosis causes more than 8.9 million fractures each year, with around 200 million women, mostly above the age of 50 years, affected by this condition.
  • Osteoarthritis is a serious health condition, and has emerged as a major challenge for health systems across the world. In the U.S. alone, osteoarthritis affects around 30 million adults.
  • According to World Health Organization (WHO) estimates, 28% of the global population above the age of 60 years suffers from osteoarthritis. Due to progressive aging of the population, the condition is likely to become the fourth-most common cause of disability by 2020.
  • The usage of fish collagen peptide products helps in reducing and preventing joint pain and bone density loss, which is an important factor contributing to the rise in demand for fish collagen peptide products. 

Increase in Preference for Marine Collagens in Cosmetic Industry

  • Increase in preference for minimally or non-invasive surgical procedures drives growth and acceptance of fish collagen peptide products. For instance, marine collagens, in particular, 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.
  • Rise in the usage of dermal fillers and nutrition supplements supports the uptake of marine collagen products as compared to invasive cosmetic procedures. Marine collagen-based materials prevent moisture and heat loss from the wounded tissue, while also providing a microbial infiltration barrier. 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 procedures increased by 3.0% over 2013.
  • These facts substantiate the preference for minimally-invasive or non-invasive collagen-based products. Furthermore, topical collagen formulations and food supplements are capable of providing the benefits of cosmetic surgeries. High preference for these procedures is attributed to ease of treatment, affordable treatment options, increase in access to therapy service providers, and safe procedures.
  • Therefore, these factors are propelling fish collagen peptide products to be well-positioned in the esthetic treatment market. Additionally, manufacturers in the fish collagen peptides market are making significant investments in the development of novel formulations with high efficacy and reliability.

Increase in Social Awareness about Personal Well-being Fuels Growth of Fish Collagen-based Nutraceuticals

  • Presently, people are more concerned about health and lifestyle, which has increased the demand for dietary supplements. In case of personal well-being, people are opting for functional foods and nutraceuticals to prevent age-related diseases and improve health.
  • Major factors driving the nutraceuticals segment in the fish collagen peptides market are awareness, affordability, and accessibility. Nutraceuticals are used by the geriatric population and sportspersons, as these are a rich source of proteins and other essential supplements.
  • According to the European Nutraceutical Association (ENA), lack of nutrition accounted for 38.6% of deaths in developing countries such as China, India, and Brazil. Hence, deficiencies due to nutrition are not related to the economic classes, but to the type of food consumed by people.
  • Factors driving the nutraceuticals segment in the fish collagen peptides market are rise in age-related health concerns, improving economic conditions, surge in healthcare awareness, increase in geriatric population, and changing lifestyles. Additionally, mergers and acquisitions, new prebiotic/probiotic product launches, and heart health-enhancing nutraceuticals are expected to augment the segment in the fish collagen peptides market.

Asia Pacific Fish Collagen Peptides Market to Grow at a Rapid Pace

  • North America held a major share of the global fish collagen peptides market in terms of revenue in 2019, and is projected to sustain its fish collagen peptides market share during the forecast period. Rise in the geriatric population in the country is expected to increase the number of people affected with joint and bone disorders. This, in turn, is likely to boost the demand for fish collagen peptide-based products in the market.
  • The fish collagen peptides market in Asia Pacific is projected to expand at a high CAGR during the forecast period. Increase in the penetration of leading players in the region is anticipated to boost the fish collagen peptides market in the region during the forecast period.
  • The fish collagen peptides market in Asia Pacific is primarily driven by the increase in the geriatric population in India and Japan, coupled with a rise in the awareness among people regarding fish collagen peptide products and their biomedical benefits.
  • According to the United Nations Department of Economic and Social Affairs, the population of India is expected to reach 1.6 billion by 2050, and nearly 17.8% of the population will be aged over 60. Increase in the geriatric population creates demand for fish collagen peptide-based bone substitutes, nutritional products, and other drug delivery systems.
  • Fish collagen peptides are associated with anti-aging and moisturizing properties, and are a safer option than bovine and cattle collagen peptides. Moreover, fish collagen peptides are free from risks associated with diseases. These factors are likely to fuel the fish collagen peptides market in China during the forecast period. 

GELITA AG, Amicogen, Inc., Capsugel Belgium NV (Lonza), and Nitta Gelatin, Inc. to Lead Market

The report provides profiles of leading players operating in the global fish collagen peptides market. These include GELITA AGAmicogen, Inc., Capsugel Belgium NV (Lonza), Vivesa Holding S.R.O., Nitta Gelatin, Inc., Norland Products, Inc., Rousselot (Darling Ingredients, Inc.), and Hangzhou Nutrition Biotechnology Co., Ltd.

  • Capsugel Belgium NV is a leading developer, manufacturer, and provider of a wide range of innovative capsules. Capsugel’s key strategy is to provide an extensive range of products to its global customers. The company has a unique combination of science, engineering, formulation, and capsule expertise, which has enabled it to become a global leader in the collagen peptides market.  
  • GELITA AG’s major business segments are food, pharmaceuticals, and health & nutrition. The company also caters to other markets through specialty products such as pet food, fertilizers, and cleansing agents. GELITA AG has more than 18 production plants and sales offices across the world.  
  • Amicogen, Inc. is a global leading industrial biotechnology company engaged in the development, production, and marketing of enzyme-based functional materials, biocatalysts, and consumer products, globally. The company has a Korea Food and Drug Administration (KFDA) approved GMP manufacturing facility in South Korea for the production of health food. Amicogen is the only company that can produce collagen tripeptides by the enzymatic digestion method in South Korea. 

Market Segmentation

By Type

    • Fish Skin & Scales
    • Fish Bones & Fins

By Application

    • Bone & Joint Health
    • Nutraceuticals
    • Cosmeceuticals
    • Pharmaceuticals

By Region

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Spain
      • Italy
      • Rest of Europe
    • Asia Pacific
      • Japan
      • Australia
      • India
      • Rest of Asia Pacific
    • China
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

Report Scope

The Fish collagen peptides market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Fish collagen peptides market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Fish collagen peptides market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Fish collagen peptides market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Fish collagen peptides market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Fish collagen peptides capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Fish collagen peptides by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Fish collagen peptides market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Fish collagen peptides market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Fish collagen peptides market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Fish collagen peptides industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Fish collagen peptides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Fish collagen peptides market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Fish collagen peptides market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Fish collagen peptides market. These factors have benefited the growth of the global market for Fish collagen peptides. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Fish collagen peptides. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Fish collagen peptides are as follows:

  • History Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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