Marine Peptides Market

Marine Peptides Market Outlook (2023 to 2033)

The global marine peptides market size is expected to expand from US$ 273.8 million in 2023 to US$ 481.7 million by 2033. Over the next ten years (2023 to 2033), global marine peptide sales are likely to soar at 5.8% CAGR.

Key Trends Listed by Fact.MR :

• Expanding the research for peptides in marine biodiversity
• Developments in marine peptide extraction and purification approaches
• Rising curiosity in learning how marine peptides functions
• Application of marine peptides in formulations for personalised skincare
• Emergence of innovative delivery methods for pharmaceuticals centered around marine peptides
• Marine peptides are becoming more popular as natural alternatives to synthetic ingredients.
• Marine peptides are being integrated into functional foods and dietary supplements.
• Expansion of aquaculture and biotechnology for sustainable production of marine peptides
• More collaborations taking place between academia, industry, and government to accelerate marine peptide research

Many marine organisms include peptides, which are significant bioactive natural compounds. Because of the wide range of bioactivities that these marine peptides exhibit, they have a significant potential for usage as nutraceuticals and medications.

The building components of proteins, acknowledged as essential amino acids, are rich in marine peptides. They provide a highly digested and bioavailable source of protein which makes them an ideal nutritional supplements.

Marine peptides have been proven to have beneficial effects in skincare and cosmetic products. They can increase skin elasticity, encourage collagen synthesis, and enhance moisture retention, all of them resulting in skin regeneration and anti-aging. While manufacturing cosmetics, moisturisers, serums, and anti-wrinkle creams, marine peptides from algae, fish collagen, or other marine sources are often used.

Marine peptides are used in a wide range of industries. They are used in the processing of functional foods, medicines, cosmetics, and biotechnological products in addition to nutritional supplements. The demand for marine peptides is on the rise as an outcome of their numerous potential applications and distinctive properties.

The increasing body of scientific research exploring the properties and benefits of marine peptides has significantly contributed to their growing popularity. Ongoing research continues to uncover new bioactive peptides from marine sources, expanding the potential applications and creating opportunities for innovation across a variety of industries.

For instance, in September 2022, Protein Rebel introduced "Run Easy marine collagen peptides powder." Run Easy, a product designed for runners and triathletes, contains marine collagen as one of its ingredients, which helps to strengthen joints and ligaments and lower the risk of injury.

To ensure the ethical use of marine resources, manufacturers are giving priority to sustainable procurement approaches. They are concentrating on decreasing waste and encouraging a circular economy by extracting peptides from by-products and waste materials from the seafood industry. Additionally, producers are creating ecologically friendly extraction methods that reduce energy usage and the need for toxic chemicals.

Attributes	Key Insights
Estimated Global Marine Peptides Market Size (2023E)	US$ 273.8 million
Projected Marine Peptides Market Value (2033F)	US$ 481.7 million
Value-based CAGR (2023 to 2033)	5.8%
Top 3 Countries’ Value	US$ 101.6 million
Top 3 Countries’ Market Share	37.1%

How Has the Market Progressed So Far in 2023?

Market Statistics	Details
Jan to Jun (H1), 2021 (A)	-0.3%
Jul to Dec (H2), 2021 (A)	0.3%
Jan to Jun (H1), 2022 Projected (P)	3.5%
Jan to Jun (H1), 2022 Outlook (O)	3.2%
Jul to Dec (H2), 2022 Outlook (O)	4.5%
Jul to Dec (H2), 2022 Projected (P)	4.2%
Jan to Jun (H1), 2023 Projected (P)	5.4%
BPS Change: H1, 2022 (O) to H1, 2022 (P)	30
BPS Change: H1, 2022 (O) to H1, 2021 (A)	347
BPS Change: H2, 2022 (O) to H2, 2022 (P)	-30
BPS Change: H2, 2022 (O) to H2, 2022 (A)	417

2018 to 2022 Global Marine Peptides Sales Outlook Compared to Demand Forecast from 2023 to 2033

According to the Fact.MR analysis, global marine peptide sales grew at a CAGR of 3.9% from 2018 to 2022. For the next ten years, the worldwide market for Marine Peptides is forecast to progress at 5.8% CAGR.

Consumers have been showing a growing preference for products derived from natural sources. Marine peptides, being derived from marine organisms, align with this trend and offer potential benefits as natural bioactive compounds.

As consumers become more aware of their overall health, there is an increase in demand for functional foods and nutraceuticals. Due to their potential for functioning as antioxidants, anti-inflammatory agents, and immune modulators, marine peptides are used as ingredients in these products.

The use of marine peptides in pharmaceutical applications has shown favorable results. Their antibacterial, anticancer, anti-inflammatory, and other medicinal properties are being researched. The market for these substances is being influenced by the pharmaceutical industry's interest with marine peptides.

The market for marine peptides is mostly fueled by the cosmetics and skin care sector. Due to their potential anti-aging, moisturising, and skin-improving attributes marine peptides are frequently used in skincare and haircare products. They have been used in cosmetic products due to consumers' increasing demand for new and effective natural ingredients.

Consumers, healthcare professionals, and scientists are all keen in the ongoing research regarding the possible health advantages of marine peptides. Research articles that highlights the various bioactive properties and possible uses of marine peptides have been published, which have enhanced consumers understanding and increased demand for them.

Asian cuisines have traditionally utilised seaweed as an essential element. The culinary industry, which uses seaweed for its distinct flavors, textures, and nutritional attributes is what drives the demand for seaweed peptides. In many food products, such as soups, sauces, snacks, and spices, seaweed peptides are used as natural flavour enhancers, thickeners, and texturizers.

Adjacent Markets Overview :

Collagen Peptide Market :

Attributes	Collagen Peptide Market
CAGR (2023 to 2033)	5.7%
Market Value (2033)	US$ 930.17 million
Growth Factor	Consumption of healthy foods has increased due to a growing awareness of health & wellness and changing lifestyles.
Opportunity	Changing lifestyles and food habits have led to an increase in Western diets, high demand for functional ingredients in food products, and increased industrial activity, which has led to market opportunities.
Key Trends	With the advent of aging concerns, economic growth, and increased health awareness, collagen peptides are becoming increasingly popular.

Peptide Synthesis Market :

Attributes	Peptide Synthesis Market
CAGR (2023 to 2033)	13%
Market Value (2033)	US$ 950.5 million
Growth Factor	Growing awareness about novel peptide treatments and increasing healthcare spending by governments.
Opportunity	Collaborations are undertaken by multinational companies with local players for distribution, and the rising incidence of chronic diseases in low and middle-income countries.
Key Trends	Peptide molecules have gained immense traction in the healthcare and nutrition industry and also several technological advancements.

Protein Ingredients Market :

Attributes	Protein Ingredients Market
CAGR (2023 to 2033)	10.5%
Market Value (2033)	US$ 51.95 billion
Growth Factor	Consumers’ belief in the health benefits associated with protein-enriched products.
Opportunity	With various manufacturers' invention of several different proteins, such as satiety, muscle repair, weight loss, and energy balance, the market is expected to experience immense growth opportunities.
Key Trends	The demand for food products containing protein ingredients is on the rise, such as margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages.

Country-wise Insights :

North America - CAGR

Country	CAGR (%)
United States	4.8%

Europe - CAGR

Country	CAGR (%)
United Kingdom	9.8%

Asia Pacific - CAGR

Country	CAGR (%)
China	13.5%
India	11.7%
Japan	14.7%

North America - BPS Analysis

Country	BPS Analysis
United States	-111

Europe - BPS Analysis

Country	BPS Analysis
United Kingdom	219

Asia Pacific - BPS Analysis

Country	BPS Analysis
China	-41
India	-365
Japan	100

North America - Market Value (2033)

Country	Market Value (2033)
United States	US$ 104.5million

Europe - Market Value (2033)

Country	Market Value (2033)
United Kingdom	US$ 65.0million

Asia Pacific - Market Value (2033)

Country	Market Value (2033)
China	US$ 85.7million
India	US$ 71.7million
Japan	US$ 74.1 million

Will Japan Retain its Dominance in the East Asia Marine Peptides Market?

Increasing Consumption of anti-aging and collagen-boosting properties ingredients - Marine Peptide Sales in Japan

As per Fact.MR, Japan Marine Peptides market is expected to reach a valuation of around US$ 74.1 million by 2033. It will therefore hold a prominent value share of 39.9% in East Asia market.

The growing ageing population of Japan drives the need for products that deal with age-related health problems. Marine peptides can establish niche status in the nation's skincare industries owing to their potential anti-aging and collagen-boosting properties.

Consumers in Japan are concerned about their health and adhere to natural and valuable components. The demand for products encouraging wellness and healthy ageing are in sync with the accessibility of marine peptides, which are known for their potential health benefits.

Various bioactive ingredients and supplements are likely to be rivals for consumers in the Japanese marine peptide industry. The success of marine peptides depends on their ability to stand out and fulfil the expectations of consumers in the highly competitive functional food, cosmetics, and pharmaceutical industries.

What is Driving Marine Peptides Demand in the United States?

Growing Popularity of sustainable & environmental sourcing is Driving Marine Peptides Demand in the United States

According to Fact.MR analysis, the United States Marine Peptides industry is poised to exhibit a CAGR of 4.8% during the assessment period. By 2033, the United States market size is expected to reach US$ 104.5million.

The nutraceutical market in the United States is well-established and includes a variety of functional foods, beverages, and dietary supplements. Due to their bioactive features, marine peptides have been researched as potential ingredients in these products. Due to consumer interest in preventative healthcare and the goal for balanced wellness, the market for nutraceuticals keeps booming.

Consumers in United States are paying more attention on sustainability and environmental consciousness. This trend is supported by marine peptides derived from marine species that are sustainably and ethically produced. Manufacturers that prioritise environmental friendly approaches and encourage the sustainable purchasing of marine peptides could discover an expanding market in the United States.

A new marine peptides with special features have been found and extracted by the ongoing research and advancements in marine biotechnology. These new findings have increased the scope of possibilities for marine peptides and sparked the interest of companies in the pharmaceutical, cosmetic, and biotechnology industries. Demand for marine peptides in the United States is being sparked by the potential of ground breaking and innovative products derived from marine resources.

What is the Demand Outlook for the Marine Peptides in Australia Market?

Increasing Usage of Marine Peptides in Sports and Fitness industry Boosting Sales in Australia

Marine Peptides demand in Australia is anticipated to rise at a steady CAGR of 8.6% during the forecast period from 2023 to 2033. By the end of 2033, Australia is likely to hold a market share of 39.6% in Oceania market.

Australian consumers mainly prefer organic and environmental friendly goods. Sea peptides are considered natural and environment friendly products because they are obtained from marine species like fish, algae, and shellfish. They enhance the coastal landscape of Australia and its emphasis on protecting marine resources. As marine peptides originate from by-products of the marine environment, they provide a sustainable option, which is what the consumers appreciate.

Marine peptides are becoming more prevalent in Australia's sports and fitness industry owing to the country's culture. Marine peptides are known for offering potential advantages for joint health, athletic performance, and muscle recovery. Marine peptides offer an appealing option for athletes and fitness enthusiasts looking for natural and efficient supplements to enhance their training and recovery process.

There are opportunities to export marine peptide products to international markets since Australia is a prominent player in the global marine industry. Suppliers and manufacturers of Australia are taking advantage of this rising global demand for marine peptides to boost domestic demand as well.

Category-wise Insights :

Which is the Most Sought-after Product Type in the Market?

Demand in the Market to Remain High for Fish Peptides

Based on product type, demand is expected to remain high for fish Peptides during the assessment period. As per Fact.MR, with a market share of around 41.9%, fish Peptides segment is projected to reach a valuation of US$ 241.7 million in 2033.

Chronic diseases like obesity, diabetes, and cardiovascular disorders are becoming more common worldwide. Fish peptides have been proven to improve blood pressure control and cholesterol control, among other aspects of cardiovascular health. Furthermore, their potential impact on the treatment of diabetes and obesity is being researched. The prevalence of these long-term illnesses is rising, which has driven up demand for functional ingredients like fish peptides which can improve overall wellness.

The potential culinary uses and flavor enhancing properties of fish peptides are being explored. Fish peptides offer possibilities for the creation of distinctive and delightful food items as the food industry continues to innovate and experiment with new flavors and textures. They are desirable ingredients for chefs, food manufacturers, and consumers interested in experimenting with flavors due to their umami and savoury characteristics.

Rising interest in plant-based substitutes for products derived from animals is due to the increasing popularity of vegan and vegetarian diets. Fish peptides offer an alternative because they are produced from sustainable source such as algae and other plant-based marine organisms.

This allows manufacturers to meet the demands of vegan and vegetarian consumers who want plant-based alternatives without compromising on health benefits.

How Marine Peptide is utilised in Animal feed industry?

Improved feed digestion and animal by-product production is making Marine Peptides Popular

The Marine peptide animal feed segment is anticipated to thrive at 5.6% CAGR during the projection period to reach a market valuation of US$ 98.6 million in 2033.

Animal feed efficiency has been discovered to be enhanced by using marine peptides. They can enhance nutrient utilisation and absorption, leading to improved feed digestion and animal by-product production. Marine peptides are a beneficial ingredient for animal feed formulations since their improved feed efficiency aids in improving animal growth and production.

For manufacturers, including marine peptides in animal feed can offer a distinctive marketing point. It supports the production of value-added animal feed products and product differentiation. Marine peptides improves the nutritional profile, quality, and performance of feed formulations, providing manufacturers with additional benefits as well as generating higher market prices.

To meet the rising demand for seafood, aquaculture, or fish farming, has experienced substantial growth throughout the world. Marine peptides made from aquaculture by-products are a useful component in the composition of aquaculture feed, promoting efficient and sustainable growth in farmed fish and shellfish. Marine peptides are more and more in demand for aquafeed as the aquaculture industry expands.

Why is Demand for Sponge Peptides Rising Globally?

Bioactive Nature of Sponge Peptides Fueling their Demand

The sponge peptide segment is expected to register a CAGR of 4.9% from 2023 to 2033. The target segment is likely to reach a market value of US$ 76.2 million by the end of 2033.

The application of sponge peptides in biomedical and pharmaceutical research has shown immense potential. They exhibit a variety of bioactive qualities, such as antibacterial, anticancer, antiviral, and anti-inflammatory properties.

Sponge peptides are excellent prospects for drug research and therapeutic uses due to their distinctive chemical structures. The demand for sponge peptides in the biomedical and pharmaceutical industries has increased as a result of rising interest in naturally occurring bioactive ingredients.

Competitive Landscape :

Leading marine peptide manufacturers are constantly launching a new range of products to meet consumer demand. They are also using strategies such as mergers & acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to gain a competitive edge in the market.

For instance :

• In 2022, Keys Soulcare launched new multi-benefit peptide serum which plumps, hydrates and visibly reduces fine lines and wrinkles with a poly-peptide complex and marine bamboo.
• In 2021, Great Lakes Wellness launched new clinically researched, benefit-led collagen products to support skin, joint, and digestive health.
• In 2021, Forever Living launched Forever Marine Collagen which supports healthy skin and body confidence.

Scope of the Report :

Attribute	Details
Market Size Value in 2023	US$ 273.8 million
Market Forecast Value in 2033	US$ 481.7 million
Anticipated Growth Rate (2023 to 2033)	5.8% CAGR
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Volume (MT), Value (US$ Million)
Key Regions Covered	Latin America; North America; Europe; South Asia; East Asia; Oceania; Middle East & Africa
Key Countries Covered	Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, Others
Key Market Segments Covered	Product Type, End Use Application, 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/PB Leiner; Rousselot (Peptan); Trobas Gelatine B.V.; Vital Proteins LLC.; Weishardt Gélatines; Wellnex

Marine Peptides Market by Category :

• By Product Type :

  • Fish peptides
  • Shellfish peptides
  • Seaweed peptides
  • Sponge peptides
  • Squid peptides

• By End Use Application :

  • Food and Beverages
  • Cosmetics
  • Pharmaceuticals
  • Nutraceuticals
  • Animal Feed
  • Biotechnology

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa