The net worth of the market for peptides derived from the sea is estimated to be around USD 273.8 million in 2023. The global Marine Peptide industry is predicted to grow at a moderate rate of 5.8% from 2023 to 2033. The overall marine peptide supplements market share is estimated to reach a value of nearly USD 481.7 million by the end of this projected period.
Marine Peptides Market Trends:
Report Attribute | Details |
---|---|
Marine Peptides Market Size (2023) | USD 273.8 million |
Market Anticipated Forecast Value (2033) | USD 481.7 million |
Market Projected Growth Rate (2023 to 2033) | 5.8% |
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Our study indicates that between 2018 and 2022, sales of marine peptides increased globally at an average annual growth rate of 2.4%. By the end of the year 2022, the net worth of the global demand for marine peptides had reached almost USD 245.6 million.
Attributes | Details |
---|---|
Marine Peptides Market Growth (2018 to 2022) | 2.4% |
Market Size (2022) | USD 245.6 million |
Market Size (2018) | USD 223 million |
Marine peptides, which are naturally occurring bioactive substances obtained from marine species, are in line with the trend of organic movement sweeping across the world.
Moreover, marine peptides are utilized as constituents in nutraceuticals as immune modulators, antioxidants, and anti-inflammatory agents, making them a pharmaceutical ingredient.
So, the overall market was observed to withstand the severe jolt experienced during the pandemic by other industries and is expected to gain traction in the future.
Dietary supplements and functional meal suppliers are incorporating peptides from marine sources in higher amounts these years. The sales of functional packaged foods over e-commerce websites have further boosted the awareness and popularity of different products with marine peptides.
Several studies have established the health benefits of marine peptides in therapeutic processes, leading to their higher acceptance in the healthcare sector. Ongoing research on the antibacterial, anticancer, anti-inflammatory, and other therapeutic qualities of marine peptides is anticipated to open new growth opportunities for market players.
Marine peptides have become popular ingredients in high-end cosmetics and beauty products because of their potential anti-aging, moisturizing, and skin-improving properties. Contrarily, since fish is the source of fish collagen peptides, some may experience allergic responses, ultimately limiting the use of marine peptides for skincare products.
Stringent regulations regarding unchecked exploitation of marine resources could limit marine peptide production in several hotspots. However, the development of marine peptides in aquaculture as an economical way of marine peptide production method has made the market grow sustainably.
Obtaining bioactive peptides from the sea is an expensive process that could hinder its overall sales, particularly in the low-income group countries. On the other hand, governments, businesses, and academic institutions are currently working together more to expedite the study of marine peptide extraction techniques and solutions.
China is poised to remain the leading market for producing and supplying peptides from marine sources by witnessing a CAGR of 13.5% till 2033.
China's aging population is increasing demand for items that address age-related health issues, including the demand for anti-aging marine peptides. Marine peptides have the potential to become a specialty product in the country's skincare sectors and could boost the regional marine peptide cosmetic industry.
The United Kingdom marine peptides market is expected to grow at a year-on-year rate of 9.8% between 2023 and 2033.
Consumers in the United Kingdom are health-conscious and choose natural and high-quality ingredients, which has given rise to a higher demand for marine peptides. The United Kingdom collagen peptide and gelatin market analysis also confirms that the industry for nutraceuticals is well-established and reflects the favorable environment in the country.
India is a remarkably growing market for marine peptide nutritional supplements and is expected to develop at 11.7% CAGR over the next ten years.
The growing demand for antioxidant peptides from marine organisms for balanced well-being and preventative healthcare has led to the emergence of the marine peptide industry in India.
Moreover, the region's more favorable marine peptide pricing and demand have attracted global players to collaborate with regional players and strengthen the market.
The table below gives a broad view of progress and current trends in bioactive marine peptides in the top 3 countries. By 2033, the North America collagen peptides market is anticipated to command a notable 30% of the global value share.
Meanwhile, the Asia Pacific collagen peptide industry is anticipated to witness a higher growth rate, and its impact on marine peptide sales is expected to remain positive.
Countries | CAGR (2023 to 2033) |
---|---|
United Kingdom | 9.8% |
India | 11.7% |
China | 13.5% |
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Consumption of marine peptides derived from fish is anticipated to stay substantial over the evaluation phase, depending on the kind of end-use application. Fish peptides have been demonstrated to enhance blood pressure, and cholesterol regulation in this segment has gained higher traction in recent years.
Fish peptides' potential culinary applications and flavor-enhancing qualities are other factors that could retain the segment's growth rate in the general market.
The Sponge peptides segment has demonstrated enormous promise in pharmacological and biological research applications. Their antibacterial, antiviral, anticancer, and anti-inflammatory effects are poised to make this segment grow at a higher rate in the coming days.
Among the several end-use applications, the use of marine peptides in the preparation of feeds for animals is growing at a promising rate. It has been found that utilizing marine peptides can promote the use and absorption of nutrients, ultimately increasing animal feed efficiency.
This segment has also provided a unique sales channel for diversification, and marine peptide producers are considering this segment to get higher returns over byproducts.
The global fish collagen peptides market is relatively fragmented, with numerous small market players acquiring a sizable chunk in their regions. However, some leading players that derive peptides from marine sources in large quantities have set the global marine peptides market analysis and industry trends.
To satisfy customer demand, top hydrolyzed marine collagen peptide producers consistently introduce new product lines with improved packaging and marketing.
Differences in the characteristics, price, and availability of custom marine peptide solutions may impact the competitive landscape for the collagen peptide market. In addition to this, the availability of collagen peptides from other sources, such as porcine or bovine collagen, could pose a challenge for marine peptide suppliers.
Pharmaceutical companies are at the forefront of research and innovation for novel uses of marine peptides that could further diversify the supply chain.
Recent Development:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Product Type, By End Use, and By Region |
Key Companies Profiled | Amicogen Inc.; Cargill Inc.; China Peptides; Darling Ingredients; Gelita AG; Guangzhou Honsea Sunshine Bio Science & Technology; Lapi Gelatine; Nippi Collagen; Nitta Gelatin; PB Gelatins or PB Leiner; Rousselot (Peptan); Trobas Gelatine B.V.; Vital Proteins LLC.; Weishardt Gelatines; Wellnex |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global market is to grow at 5.8% during the forecast period.
The global market is predicted to be valued at USD 481.7 million by 2033.
Amicogen, Cargill, and China Peptides are the leading market producers.
The United States accounts for nearly 19% of the revenue share of the global market.
China is predicted to witness a CAGR of 13.5% through 2033.
1. Executive Summary 2. Market Overview 3. Market Dynamics 4. Value Chain Analysis 5. Global - Pricing Analysis 6. Global Market Size (in Value (USD million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 7.1. Fish peptides 7.2. Shellfish peptides 7.3. Seaweed peptides 7.4. Sponge peptides 7.5. Squid peptides 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use Application 8.1. Food and Beverages 8.2. Cosmetics 8.3. Pharmaceuticals 8.4. Nutraceuticals 8.5. Animal Feed 8.6. Biotechnology 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. Middle East & Africa 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Country-level Market Analysis, 2023 18. Market Structure Analysis 19. Competition Analysis 19.1. Amicogen Inc. 19.2. Cargill Inc. 19.3. China Peptides 19.4. Darling Ingredients 19.5. Gelita AG 19.6. Guangzhou Honsea Sunshine Bio Science & Technology 19.7. Lapi Gelatine 19.8. Nippi Collagen 19.9. Nitta Gelatin 19.10. PB Gelatins/PB Leiner 19.11. Rousselot (Peptan) 19.12. Trobas Gelatine B.V. 19.13. Vital Proteins LLC. 19.14. Weishardt Gélatines 19.15. Wellnex 19.16. Other Players (On Additional Requests) 20. Assumptions and Acronyms Used 21. Research Methodology
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