Marine Collagen Market: Evolving Technology and Growth Outlook by 2026
iCrowd Newswire
According to the new market research report
Marine Collagen Market by Type (Type I, Type III), Application (Nutraceuticals, Cosmetic, Medical), Source (Skin, scales, and muscles, Bones & tendons), Animal and Region – Trends and Global Forecast to 2026″, published by MarketsandMarkets™, the global Marine Collagen Market size is estimated to be valued at USD 778 million in 2021 and projected to reach USD 1,137 million by 2026, recording a CAGR of 7.9% during the forecast period. The growth of this market can be attributed to the rising disposable income of consumers, which allows them to spend more on cosmetic and nutraceutical products. The demand for marine collagen is augmented by the ongoing health and wellness trends flooding the internet and social media, which has led to an escalated demand for nutraceutical supplements and cosmetic products among consumers.
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