The global market for fish collagen hydrolysate is expected to grow at a significant CAGR during the forecast period (2021-2027). Fish collagen hydrolysate peptides are beneficial to one's health and are frequently utilized to improve one's overall health. The market picture is brightening as customers become more health-conscious and accept supplements as part of their daily routine. Furthermore, the increasing use of fish collagen peptides in cosmetics due to their tissue regeneration and antioxidation properties is projected to drive the global fish collagen hydrolysate market.
Due to the rising demand for fish collagen hydrolysate in different applications such as nutraceuticals, pharmaceuticals, cosmetics, and animal nutrition, fishbone is utilized to manufacture fish collagen peptides using an enzyme method. Bones are more readily available in fish than fins and scales. Fish collagen hydrolysates are often found in nutritional supplement capsules and cosmetic items, particularly for hair and skin care. As a result, growing consumer awareness of Fish collagen hydrolysates in the nutraceutical and cosmetic industries is projected to drive market growth.
Fish collagen is expected to rise in popularity as people seek supplements to help them save money on healthcare. The sale of fish collagen-based supplements is projected to be driven by the advent of novel delivery methods, scientific proof to back up the claims, and increasing consumer awareness. According to a survey of supplement users performed by the Natural Marketing Institute (NMI) on behalf of Swiss multinational Lonza, seven out of ten customers in Germany, France, and Italy would consider purchasing a joint health product, driving the market for fish collagen hydrolysate. Consumer knowledge of the numerous health advantages connected with collagen, such as bone, muscle, and joint health, is causing consumers to choose fish-based collagen supplements as a cost-effective choice. In January 2021, Darling Ingredients launched Peptan, fish collagen peptides, under its Rousselot trademark. This product would aid the company's entry into the market for nutricosmetics and nutritional supplements.
Market Coverage
o By Source
o By Application
o North America
o Europe
o Asia-Pacific
o Rest of the world
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Fish Collagen Hydrolysate Market by Segments
By Source
By Application
Global Fish Collagen Hydrolysate Market by Region
North America
Europe
Asia-Pacific
Rest of the World