Scienza e Tecnologia
Marine Hydrolyzed Collagen Market Size Worth $1.70 Billion By 2028: Grand View Research, Inc.
In addition, the industry is expected to benefit from the increasing demand for marine-based collagen products in dietary supplements for health conditions like arthritis, osteoarthritis among older age. The product is made from the skin, bones, muscles, and scales & tendons of fish. The product is a great source of protein and provides necessary nutrients to the human body. This type of collagen is eco-friendly and can be made from waste released from the fish industry. The consumption of marine collagen helps reduce joint pain, weakness, and delay the signs of aging, such as wrinkles.
The cosmetics & personal care application segment dominated the market in 2020. The segment registered noteworthy growth on account of the growing preference for collagen-based cosmetics among individuals and the rising demand for marine collagen-based biomaterials in healthcare applications as they speed up the wound healing process and aid in weight management. The product finds extensive applications in the healthcare industry. They are used in various applications in the cosmetics industry as well due to the high demand for cosmetic surgeries and wound healing treatments. Increasing consumer spending capacities, coupled with the popularity of skin surgeries, has augmented the product demand across the world.
A mild impact of COVID-19 has been observed on several food & beverages categories. Indulgent food products, such as ice creams and confectioneries, witnessed increased demand in the pandemic. Furthermore, increased awareness about overall health among the masses during the pandemic augmented the consumption of health- and immunity-boosting food products and beverages, which, in turn, contributed to the product demand across the world. The market is likely to register substantial growth owing to the presence of prominent players that operate in multiple locations and market their products through numerous sales networks across the globe including third-party distribution channels.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James
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