Bioactive peptides derived from marine organisms are the focus of current studies because of their numerous health beneficial effects. They exert various biological roles, one of the most crucial of which is the antioxidant effect. Reverse relationship between antioxidant intake and diseases has been approved through plenty of studies. Antioxidant activity of marine peptides can be attributed to in vitro and in vivo free radical scavenging activities. Antioxidant peptides isolated from marine sources may be used as functional ingredients in food formulations to promote consumer health and improve the shelf life of food products. This chapter presents an overview of the antioxidant peptides derived marine resources with the potential utilization in the food as well as pharmaceutical industries.