The South & Central America collagen peptides market is expected to grow from US$ 114.15 million in 2023 to US$ 169.19 million by 2030. It is estimated to grow at a CAGR of 5.8% from 2023 to 2030.
Furthermore, marine-sourced collagen peptides do not foster transmissible diseases. Land animals possess many transmissible diseases, making them less favorable for industry use. For example, cattle, although a large source of collagen, pose risks for BSE and TSE. These progressive neurological disorders affect cattle and can result in life-threatening human infections. In addition, a few religious constraints on using bovines for the pharmaceutical and cosmetic industries are up for debate. These factors make marine sources of collagen peptides a much easier, safer, and more promising alternative. Thus, with increasing demand, manufacturers are launching different products. For instance, in January 2021, Darling Ingredients introduced Peptan, a marine collagen peptide under its Rousselot brand. This product helps the company to enter the dietary supplements market. Thus, the growing demand for marine-sourced collagen is expected to open new opportunities in the collagen peptides market during the forecast period.
Consumers in Brazil suffer mobility-related health issues such as osteoporosis and bone and joint health impairment. Furthermore, rheumatoid arthritis is increasingly contributing to the annual mortality rate of the country. According to the World Health Organization (WHO) data published in 2020, rheumatoid arthritis-related deaths in Brazil reached 596 or 0.05% of total deaths. As a result, the demand for collagen peptides peptide-based supplements is predicted to grow significantly in countries in South & Central America during the forecast period.
Based on source, the South & Central America collagen peptides market is segmented into bovine, porcine, poultry, marine, and others. The bovine segment registered the largest South & Central America collagen peptides market share in 2023.
Based on form, the market is segmented into dry and liquid. The dry segment held a larger South & Central America collagen peptides market share in 2023.
Based on application, the South & Central America collagen peptide market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The pharmaceuticals & nutraceuticals segment held the largest South & Central America collagen peptide market share in 2023.
Based on country, the South & Central America collagen peptide market is segmented into the Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America collagen peptide market share in 2023.
Darling Ingredients Inc, GELITA AG, Lapi Gelatine SpA, Rousselot BV, and Tessenderlo Group NV are some of the leading companies operating in the collagen peptide market in the region.
Reasons to Buy
Surging Demand for Marine-Sourced Collagen Peptides Fuels South & Central America Collagen Peptides Market
Marine organisms such as fish, jellyfish, sponges, and other invertebrates harbor a significant source of collagen peptides. They are highly advantageous over other sources, as they are metabolically compatible, lack religious constraints, and are free of animal pathogens. Marine-sourced collagen peptide is majorly used for skincare product manufacturing. It is a versatile compound capable of healing skin injuries of varying severity and delaying the natural human aging process. Moreover, marine-sourced collagen peptides can be used as a biomaterial owing to its water solubility and metabolic compatibility. Thus, the demand for marine-sourced collagen peptide is increasing with its rising utilization for different industrial applications.Furthermore, marine-sourced collagen peptides do not foster transmissible diseases. Land animals possess many transmissible diseases, making them less favorable for industry use. For example, cattle, although a large source of collagen, pose risks for BSE and TSE. These progressive neurological disorders affect cattle and can result in life-threatening human infections. In addition, a few religious constraints on using bovines for the pharmaceutical and cosmetic industries are up for debate. These factors make marine sources of collagen peptides a much easier, safer, and more promising alternative. Thus, with increasing demand, manufacturers are launching different products. For instance, in January 2021, Darling Ingredients introduced Peptan, a marine collagen peptide under its Rousselot brand. This product helps the company to enter the dietary supplements market. Thus, the growing demand for marine-sourced collagen is expected to open new opportunities in the collagen peptides market during the forecast period.
South & Central America Collagen Peptides Market Overview
The collagen peptides market in South & Central America is subsegmental into Brazil, Argentina, and the Rest of South & Central America. Growing population, and constant improvement in processing industries positively affected the growth of the economy of Brazil and Argentina largely. The shift in consumer lifestyle and dietary patterns is a critical factor boosting the growth of the collagen peptides market in South & Central America, especially in Brazil. Moreover, Brazilian consumers' desire for nutritional value added-beauty products which influences industry participants to boost their investments in the launch of collagen peptides for meeting the raw material demands from a wide range of industries, including dietary supplements and cosmetics. For instance, on August 10, 2022, JBS - the Brazilian global leader in protein-based products manufacturer - launched Genu-in Life and invested US$ 78.10 million in a new plant (production of collagen peptide and gelatin). Genu-in Life has been launched to strengthen cartilage, tendons, muscles, and bones and enhance skin beauty.Consumers in Brazil suffer mobility-related health issues such as osteoporosis and bone and joint health impairment. Furthermore, rheumatoid arthritis is increasingly contributing to the annual mortality rate of the country. According to the World Health Organization (WHO) data published in 2020, rheumatoid arthritis-related deaths in Brazil reached 596 or 0.05% of total deaths. As a result, the demand for collagen peptides peptide-based supplements is predicted to grow significantly in countries in South & Central America during the forecast period.
South & Central America Collagen Peptides Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Collagen Peptides Market Segmentation
The South & Central America collagen peptides market is segmented into source, form, application, and country.Based on source, the South & Central America collagen peptides market is segmented into bovine, porcine, poultry, marine, and others. The bovine segment registered the largest South & Central America collagen peptides market share in 2023.
Based on form, the market is segmented into dry and liquid. The dry segment held a larger South & Central America collagen peptides market share in 2023.
Based on application, the South & Central America collagen peptide market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The pharmaceuticals & nutraceuticals segment held the largest South & Central America collagen peptide market share in 2023.
Based on country, the South & Central America collagen peptide market is segmented into the Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America collagen peptide market share in 2023.
Darling Ingredients Inc, GELITA AG, Lapi Gelatine SpA, Rousselot BV, and Tessenderlo Group NV are some of the leading companies operating in the collagen peptide market in the region.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America collagen peptide market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America collagen peptide market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the collagen peptide market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. South & Central America Collagen Peptides Market Landscape
5. South & Central America Collagen Peptides Market - Key Market Dynamics
6. Collagen Peptides - South & Central America Market Analysis
7. South & Central America Collagen Peptides Market Analysis - By Source
8. South & Central America Collagen Peptides Market Analysis - By Form
9. South & Central America Collagen Peptides Market Analysis - By Application
10. South & Central America Collagen Peptides Market - Country Analysis
11. Company Profiles
12. Appendix
List of Tables
List of Figures
Companies Mentioned
- Darling Ingredients Inc
- GELITA AG
- Lapi Gelatine SpA
- Rousselot BV
- Tessenderlo Group NV
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 103 |
| Published | November 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 114.15 Million |
| Forecasted Market Value by 2030 | 169.19 Million |
| Compound Annual Growth Rate | 5.8% |
| No. of Companies Mentioned | 5 |
