Market revenue in 2024 | USD 1,018.4 million |
Market revenue in 2030 | USD 1,873.7 million |
Growth rate | 10.7% (CAGR from 2025 to 2030) |
Largest segment | Gelatin |
Fastest growing segment | Hydrolyzed Collagen |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 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, Rousselot, Sterling Gelatin, Weishardt, Junca Gelatines, Symatese, Collagen Matrix, Inc., Connoils, Advanced Biomatrix, Nitta Gelatin USA |
Gelatin was the largest segment with a revenue share of 71% in 2024. 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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