Fish Collagen Peptides Market could surpass $990 million by 2027, according to Global Market Insights Inc. report. The driving force behind the expansion is the rising popularity and the acceptance of fish-collagen-based goods.
Furthermore, experts predict that the collagen-based product market will grow at a CAGR of 5.5% between 2021 and 2027.
Marine collagen peptides offer various health benefits, which is why they’re commonly used in pharmaceuticals to improve general health. Since consumers have recently become increasingly health-oriented and more aware of the importance of supplement consumption in daily life, they’ve become more attracted to products of this kind.
Additionally, fish collagen peptides are heavily employed in the production of nutritional supplements and cosmetics—particularly when it comes to hair care and skincare. This is because of their tissue regeneration and antioxidant properties.
The fishbone collagen peptides market is also anticipated to grow at a CAGR of over 5.5%. Statisticians predict this market will surpass $120 million by 2027. Bones are a more abundant collagen source than fins and scales and are used to produce medicines, supplements, cosmetics, and animal food.
Finally, it’s not only developed countries that contribute to the expansion of this market. Developing countries, especially those in the Asia Pacific region, are also increasingly becoming aware of the health benefits of these products, registering a high CAGR. Widespread global availability of these products and e-commerce also increased the demand for fish-collagen-based products.
