Market Size of South America Collagen Supplements Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Collagen Supplements Market Analysis
The South America Collagen Supplements market is projected to register a CAGR of 4.8% during the forecast period, 2022-2027.
High consumer preference for collagen-peptide-infused nutracosmetics with the growing desire to prevent premature aging is identified as the primary market driver in South America. Further, the collagen supplements market is projected to expand on account of the expanding consumer interest in preventive healthcare which influences consumer spending on supplements and functional food to attain healthy skin, hair, and overall well-being.
Furthermore, numerous health and aesthetic advantages of collagen supplementation have been linked to the market expansion for these products. For instance, it boosts bone density, enhances muscular mass, and eases joint pain. Additionally, the prevalence of diseases like arthritis, rheumatoid arthritis, and other inflammatory bone disorders has highlighted the importance of bone health prompting consumers to use particular supplements such as collagens to maintain their mobility. In addition, the expanding trend of clean-label supplements is driving the demand for vegan or plant-based collagen supplements, especially among eco-conscious consumers.
