Product Code: ETC4539211 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Marine Collagen Market is witnessing notable growth as consumers become more conscious of skincare and beauty from within. Marine collagen, derived from fish and seafood sources, is gaining popularity in the cosmetics and dietary supplement industries. The market is marked by an increased focus on natural and sustainable sourcing, aligning with the broader trend of clean beauty and wellness. The rising demand for anti-aging products and the awareness of collagen`s benefits for skin health are contributing to the market`s expansion.
The Vietnam Marine Collagen Market is thriving due to a combination of factors that highlight consumers` increasing awareness of health and wellness and the growing importance of skincare. Marine collagen, known for its beauty and health benefits, has gained popularity among Vietnamese consumers. A key driver is the rising interest in anti-aging and skin health products, with consumers seeking natural and effective solutions. The market is also benefiting from the growing trend of beauty-from-within, which emphasizes the importance of nutrition for skincare. Moreover, the beauty and wellness industry is witnessing significant growth in Vietnam, with an increasing number of cosmetic and nutraceutical companies incorporating marine collagen into their products. The government`s focus on promoting the beauty and wellness sector is further supporting the market`s growth. Additionally, the country`s abundant seafood resources and the development of collagen extraction technology have made marine collagen production more cost-effective and accessible.
The Vietnam Marine Collagen Market encounters specific challenges that shape its dynamics and growth trajectory. One primary challenge is the sourcing and sustainability of marine collagen. Ensuring a consistent and ethical supply of marine collagen requires effective management of marine resources, compliance with fishing regulations, and addressing concerns related to overfishing and environmental impact. Moreover, the market faces competition from alternative collagen sources, such as plant-based and animal-derived collagen, which appeals to consumers with specific dietary preferences and ethical considerations. The need for transparent labeling and clear communication regarding the source and quality of marine collagen adds complexity to market positioning and marketing strategies.
The Marine Collagen Market in Vietnam faced both challenges and opportunities in the wake of the COVID-19 pandemic. Disruptions in international trade impacted the supply of marine-derived ingredients, affecting production. On the positive side, the growing awareness of health and wellness during the pandemic boosted the demand for marine collagen, driven by its perceived benefits for skin health. As the market stabilizes, there is an opportunity for players to capitalize on the heightened consumer interest in functional ingredients.
In the Vietnam Marine Collagen market, major players include Vinh Hoan Corporation, Nutrawise Corporation, and BHN Ingredients. Vinh Hoan Corporation, with its expertise in seafood products, plays a significant role in the marine collagen market. Nutrawise Corporation is known for its focus on health and wellness products, including marine collagen supplements. BHN Ingredients is a notable player contributing to the development and growth of the marine collagen market in Vietnam.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Marine Collagen Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Marine Collagen Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Marine Collagen Market - Industry Life Cycle |
3.4 Vietnam Marine Collagen Market - Porter's Five Forces |
3.5 Vietnam Marine Collagen Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Marine Collagen Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Marine Collagen Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Vietnam Marine Collagen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Marine Collagen Market Trends |
6 Vietnam Marine Collagen Market, By Types |
6.1 Vietnam Marine Collagen Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Marine Collagen Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Marine Collagen Market Revenues & Volume, By TypeI, 2021-2031F |
6.1.4 Vietnam Marine Collagen Market Revenues & Volume, By TypeIII, 2021-2031F |
6.2 Vietnam Marine Collagen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Marine Collagen Market Revenues & Volume, By Nutraceuticals, 2021-2031F |
6.2.3 Vietnam Marine Collagen Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.2.4 Vietnam Marine Collagen Market Revenues & Volume, By Medical, 2021-2031F |
6.3 Vietnam Marine Collagen Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Marine Collagen Market Revenues & Volume, By Skin, 2021-2031F |
6.3.3 Vietnam Marine Collagen Market Revenues & Volume, By scales, 2021-2031F |
6.3.4 Vietnam Marine Collagen Market Revenues & Volume, By muscles, 2021-2031F |
6.3.5 Vietnam Marine Collagen Market Revenues & Volume, By Bones & tendons, 2021-2031F |
7 Vietnam Marine Collagen Market Import-Export Trade Statistics |
7.1 Vietnam Marine Collagen Market Export to Major Countries |
7.2 Vietnam Marine Collagen Market Imports from Major Countries |
8 Vietnam Marine Collagen Market Key Performance Indicators |
9 Vietnam Marine Collagen Market - Opportunity Assessment |
9.1 Vietnam Marine Collagen Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Marine Collagen Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Marine Collagen Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Vietnam Marine Collagen Market - Competitive Landscape |
10.1 Vietnam Marine Collagen Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Marine Collagen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |