Latin America Collagen Market Size & Outlook, 2022-2030
Latin America collagen market, 2018-2030 (US$M)
Related Markets
Latin America collagen market highlights
- The Latin America collagen market generated a revenue of USD 887.0 million in 2022.
- The market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, gelatin was the largest revenue generating product in 2022.
- Hydrolyzed Collagen is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Chile is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 887.0 million |
| Market revenue in 2030 | USD 1,873.7 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Gelatin |
| Fastest growing segment | Hydrolyzed Collagen |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen |
| Key market players worldwide | Darling Ingredients Inc, Gelita AG, Tessenderlo Group NV, Symrise AG, Collagen Solutions |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.7% of the global collagen market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,707.5 million by 2030.
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Collagen Market Scope
Collagen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America collagen market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to collagen market will help companies and investors design strategic landscapes.
Gelatin was the largest segment with a revenue share of 71.18% in 2022. Horizon Databook has segmented the Latin America collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The market for collagen in the region is characterized by the presence of major manufacturers such as Rousselot, which account for a high share in the production of bovine-sourced collagen.
The region is characterized by the availability of low-cost collagen, primarily beef collagen, on account of the high production levels achieved by the meat processing companies here. Ascending demand for bovine collagen in countries such as Argentina, Peru, and Chile are expected to boost the market growth over the forecast period.
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Target buyers of Latin America collagen market databook
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Our clientele includes a mix of collagen market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America collagen market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America collagen market size, by country, 2018-2030 (US$M)
Latin America Collagen Market Outlook Share, 2022 & 2030 (US$M)
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