South America Collagen - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

South America collagen market is projected to grow at a CAGR of 4.06% during the forecast period 2020-2025.

Key Highlights

• The increasing demand for collagen as a key ingredient in various applications, such as dietary supplements, food additives, beverages, and meat products, has been driving the collagen market
• Marine-sourced collagen peptide is becoming prevalent among the manufacturers for it utilizes the unused fish parts, thereby, encouraging environmental sustainability. Moreover, it provides enhanced functional benefits, thus, gaining the traction of consumers and making it the fastest-growing segment.

South America Collagen Market Trends

Growing Demand for Collagen in Dietary Supplements

Collagen peptides are increasingly being used in dietary supplements, as they are not only easily digestible and cold soluble but also a highly bioactive form of collagen triggering the synthesis and reorganization of new collagen fibers, thereby, supporting tissue structure. With collagen supplements taking the world by storm, such as to improve joint health, athletes with exercise-related joint pain are also consuming collagen every day in the form of supplements to reduce the symptoms. This, in turn, influences joint health supplement companies to incorporate collagen in their products, thereby, boosting the market growth.

Brazil holds the Largest Market Share in the Market Studied

The passion of Brazilian consumers for beauty is motivating the industry players to increase their investments for manufacturing gelatin and collagen peptides to meet varied applications such as dietary supplements and cosmetics. Brazilian consumers face health issues related to mobility, such as osteoporosis, bone health, and joint health problems. Additionally, the country's annual mortality rate is rising rapidly, due to rheumatoid arthritis. Thus, collagen peptide-based supplements are expected to witness significant demand over the forecast period.

South America Collagen Industry Overview

The growth of this market is driven by the advancement of functional and processed food & beverage industries. Companies are forecasting development issuing equity and debt, which will help accelerate the growth of the collagen market. Some of the major players in the market studied are GelcoPEP, Rousselot, Gelita PB Leiner among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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