South America Hydrolyzed Collagen Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Source and Application

The South America hydrolyzed collagen market is expected to grow from US$ 96.11 million in 2019 to US$ 150.20 million by 2027; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027. Hydrolyzed collagen, also known as collagen hydrolysate, are collagen derivatives comprising short chains of amino acids. Shorter amino acid chains make collagen hydrolysates more bioavailable and facilitate better absorption into bloodstream, compared to collagen and gelatin. The absorbed hydrolyzed collagen is utilized by body as a versatile source of protein and energy. It is carried to different body tissues wherein cells build the peptides in the form of full-length collagen helices to repair the skin, bones, and joints. Its nutritional and physiological properties promote the maintenance of bone, joint, and skin health.

Based on application, the South America hydrolyzed collagen market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The food and beverages segment are expected to register the highest CAGR in the market during 2020-2027. Collagen is known as the highly abundant protein in the body. It plays an essential role in maintaining joint health, skin elasticity, and the microscopic villi of intestines, thus ensuring gut health. Collagen is an essential ingredient in the food & beverages industries. It is mostly utilized in the form of hydrolyzed collagen and collagen fiber. Collagen has been applied as source of dietary protein, carrier in meat processing, edible film and coatings of products, and food additive to improve product quality. Considering that most collagen supplements are tasteless and odorless, adding them to food & beverages does not affect their flavor; thus, they can be added to various hot & cold food or beverages. However, it may require additional mixing to ensure the powder dissolves properly.

The South America hydrolyzed collagen market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the South America hydrolyzed collagen market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the South America hydrolyzed collagen market. Gelita AG, Rousselot, Nitta Gelatin, Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering are among the major players in the South American market.