Peru Collagen Market Size & Outlook, 2022-2030
Peru collagen market, 2018-2030 (US$M)
Related Markets
Peru collagen market highlights
- The Peru collagen market generated a revenue of USD 77.8 million in 2022 and is expected to reach USD 161.8 million by 2030.
- The Peru market is expected to grow at a CAGR of 9.6% 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.
Collagen market data book summary
| Market revenue in 2022 | USD 77.8 million |
| Market revenue in 2030 | USD 161.8 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Gelatin |
| Fastest growing segment | Hydrolyzed Collagen |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Peru accounted for 0.9% of the global collagen market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil collagen market is projected to lead the regional market in terms of revenue in 2030.
- Chile is the fastest growing regional market in Latin America and is projected to reach USD 179.3 million by 2030.
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Collagen Market Scope
Collagen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Peru 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 71.34% in 2022. Horizon Databook has segmented the Peru collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing foreign investments in Peru have led to significant developments in the core industries including food & beverage, pharmaceuticals, healthcare, and cosmetics. This is anticipated to drive the demand for collagen and related products that find applications in respective industries.
Bovine hides are used to manufacture collagen, which is intended for use in photographic emulsions, confectioneries, and pharmaceutical applications (capsules). This trend is expected to continue over the forecast period.
Hydrolyzed collagen is widely used in dietary supplements, genetically modified food, and processed foods. Processed food includes cereals, soups, and beverages due to their rich protein content.
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Target buyers of Peru 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Peru collagen market , including forecasts for subscribers. This country databook contains high-level insights into Peru collagen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Peru collagen market size, by product, 2018-2030 (US$M)
Peru Collagen Market Outlook Share, 2022 & 2030 (US$M)
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