The global fish collagen peptides market was valued at USD 756.24 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2032. This growth is driven by the rising demand for nutraceutical and cosmeceutical products across the globe, where fish collagen peptides are emerging as a popular ingredient due to their health benefits. Fish collagen peptides are increasingly used in dietary supplements, beauty products, and functional foods, further enhancing the market’s expansion.

Market Segmentation

The fish collagen peptides market is segmented based on several factors, including source type, form, application, and region. Understanding these segments provides insight into the diverse applications of fish collagen peptides in various industries.

1. By Source Type:

   • Marine Sources: Fish collagen peptides derived from marine sources, including cod, tilapia, and salmon, are highly popular due to their superior amino acid profiles, specifically high levels of glycine, proline, and hydroxyproline. These peptides are easier to absorb and more bioavailable than collagen from land-based animals.
   • Freshwater Sources: Collagen peptides from freshwater fish are also gaining popularity, but marine sources hold a larger market share due to their superior nutritional profile.

2. By Form:

   • Powdered Form: Fish collagen peptides are available in powdered form, which is widely used in dietary supplements, functional beverages, and cosmetics. The powdered form is easy to incorporate into various formulations and offers a longer shelf life.
   • Liquid Form: Fish collagen peptides are also available in liquid form, which is commonly used in health drinks, smoothies, and other liquid-based products.
   • Capsules/Tablets: Collagen peptide supplements are often sold in capsules or tablet forms, which are convenient for consumers looking for easy-to-consume options.

3. By Application:

   • Nutraceuticals: Fish collagen peptides are used in dietary supplements to promote joint health, skin elasticity, and overall wellness. With growing awareness of the importance of collagen in aging and skin health, the demand for nutraceutical products has surged.
   • Cosmeceuticals: Fish collagen peptides are increasingly used in the beauty industry, particularly in anti-aging skincare products. Their ability to improve skin elasticity, reduce wrinkles, and promote youthful skin has made them a staple ingredient in many cosmetic products.
   • Functional Foods & Beverages: Collagen peptides are also used in functional foods and beverages, which are designed to provide health benefits beyond basic nutrition. Fish collagen peptides are commonly incorporated into protein bars, functional drinks, and even confectionery products.
   • Pharmaceuticals: Fish collagen peptides are used in some medical and pharmaceutical applications, including wound healing, tissue regeneration, and as a natural alternative to synthetic collagen in certain treatments.

Key Players in the Fish Collagen Peptides Market

Several prominent companies are dominating the fish collagen peptides market, focusing on strategic initiatives such as product innovation, partnerships, and expansion. Some key players include:

1. Rousselot (France): A global leader in collagen peptides, Rousselot has a significant market share in the fish collagen peptides sector. The company offers a wide range of collagen products, including fish-derived peptides, and focuses on providing high-quality, sustainably sourced collagen solutions.

2. Gelita AG (Germany): Gelita is one of the largest manufacturers of collagen proteins and peptides, offering fish-based collagen peptides for nutraceutical and cosmeceutical applications. The company focuses on innovation and sustainable practices to provide bioactive peptides for various industries.

3. Nitta Gelatin (Japan): Nitta Gelatin is a major player in the collagen market, with a strong presence in the Asia Pacific region. The company offers fish collagen peptides that are widely used in health supplements, cosmetics, and food products.

4. Vital Proteins (USA): Known for its high-quality collagen peptides, Vital Proteins has emerged as a leading supplier of fish collagen peptides in the nutraceutical space, offering products such as collagen powders and capsules aimed at skin and joint health.

5. Tessenderlo Group (Belgium): Tessenderlo is an established player in the food and health ingredient markets, with a growing portfolio of fish collagen peptides used in both dietary supplements and beauty products.

6. Collagen Solutions (UK): Collagen Solutions is a biotechnology company with a focus on providing collagen peptides derived from fish and other sources. They offer tailored solutions for healthcare and cosmetic applications.

Trends in the Fish Collagen Peptides Market

Several key trends are shaping the future of the fish collagen peptides market. These trends are driving innovation and consumer demand:

1. Sustainability and Eco-conscious Sourcing: With growing consumer awareness about environmental issues, there is a shift towards sustainably sourced collagen peptides. Fish collagen peptides, especially those derived from fish by-products such as fish skins and scales, are increasingly being sourced in a way that minimizes waste and environmental impact.

2. Growing Demand for Clean Label Products: Consumers are increasingly opting for clean label products that are free from artificial ingredients, preservatives, and additives. Fish collagen peptides are considered a natural and pure option, making them highly attractive for inclusion in clean label products.

3. Rise in Anti-aging Products: The demand for anti-aging solutions is expected to continue growing, with fish collagen peptides playing a crucial role in the development of skincare products. These peptides are known for their ability to boost collagen production, helping to reduce the appearance of wrinkles and improve skin elasticity.

4. Personalised Nutrition: The growing trend of personalised health and nutrition is leading to the creation of tailored fish collagen peptide products. Consumers are increasingly seeking products that cater to their specific health needs, such as joint health, skin elasticity, and digestive health.

5. E-commerce Growth: The rise of e-commerce platforms has made it easier for consumers to access fish collagen peptide products, especially dietary supplements and beauty products. This has led to a surge in online sales, particularly through direct-to-consumer channels.

Market Outlook

The global fish collagen peptides market is poised for significant growth in the coming years. As of 2023, the market is valued at USD 756.24 million and is expected to reach USD 1,153.21 million by 2032, growing at a CAGR of 4.8%. This growth is attributed to increasing consumer awareness of the health benefits of collagen peptides, particularly in the nutraceutical and cosmeceutical sectors. The market is also benefiting from the growing trend towards plant-based and natural ingredients in food and beauty products.

Impact of COVID-19 on the Fish Collagen Peptides Market

The COVID-19 pandemic had a mixed impact on the global fish collagen peptides market. During the initial phases of the pandemic, the market experienced supply chain disruptions and a decline in consumer demand as many businesses, especially in the beauty and wellness sectors, faced operational challenges. However, as the pandemic progressed, there was a significant shift in consumer behaviour towards health and wellness products, with a growing interest in immunity-boosting and anti-aging supplements.

The demand for collagen peptides, including fish-derived products, surged as people focused more on personal health and skincare during lockdowns. Additionally, the pandemic accelerated the shift towards e-commerce and online shopping for nutraceuticals and cosmeceuticals, which further supported the growth of the market.

Fish Collagen Peptides Market Size & Share

The global fish collagen peptides market size is currently valued at USD 756.24 million in 2023. It is anticipated to grow at a CAGR of 4.8% from 2024 to 2032, reaching USD 1,153.21 million by 2032. North America and Europe are currently the leading regions in terms of market share, driven by the strong demand for collagen-based products in the nutraceutical and cosmeceutical industries. The Asia Pacific region is expected to experience the highest growth rate, particularly in countries like Japan, China, and South Korea, where collagen-based products are gaining popularity.

FAQs

1. What are fish collagen peptides? Fish collagen peptides are small protein fragments derived from fish collagen, typically from the skin and scales of fish. These peptides are known for their high bioavailability, meaning they are easily absorbed by the body, providing benefits for skin, joints, and overall health.

2. What are the benefits of fish collagen peptides? Fish collagen peptides are known to promote skin elasticity, reduce the appearance of wrinkles, improve joint health, and aid in wound healing. They also support the health of hair, nails, and bones.

3. How are fish collagen peptides used in products? Fish collagen peptides are used in a variety of products, including dietary supplements, skincare creams, hair care products, and functional foods and beverages. They are available in forms like powders, capsules, and liquid.

4. Which are the leading companies in the fish collagen peptides market? Some of the key players in the market include Rousselot, Gelita AG, Nitta Gelatin, Vital Proteins, and Tessenderlo Group, among others.

5. What is the future outlook for the fish collagen peptides market? The market is expected to grow significantly, driven by the increasing demand for natural and functional ingredients in nutraceuticals, cosmeceuticals, and functional foods. The market is projected to reach USD 1,153.21 million by 2032, growing at a CAGR of 4.8%.

Market Trends & Opportunities

1. Expansion of Collagen-Based Functional Foods and Beverages: With the increasing popularity of functional foods and beverages, fish collagen peptides are being incorporated into a wide range of products. These include protein bars, smoothies, and collagen-infused drinks, which offer added health benefits such as joint support and skin rejuvenation.

2. Sustainability Initiatives in Collagen Production: As consumers increasingly prioritise sustainability, manufacturers are focusing on sourcing fish collagen peptides from sustainable fisheries and adopting eco-friendly production practices. This trend is expected to boost the appeal of fish collagen peptides in the market.

3. Technological Advancements in Extraction Processes: Advancements in collagen extraction and processing technologies are making fish collagen peptides more accessible and cost-effective for manufacturers. These innovations are expected to improve product quality and expand the application of collagen peptides in new markets.

4. Increasing Investment in Research & Development: Companies are investing heavily in R&D to explore new applications for fish collagen peptides, such as their use in pharmaceuticals and wound healing products. This is expected to drive growth in the market and open up new avenues for growth.