Market Size of South America Collagen Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.06 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Collagen Market Analysis
South America collagen market is projected to grow at a CAGR of 4.06% during the forecast period 2020-2025.
- 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.