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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Latin America Collagen Hydrolysates Market Size
The Latin America collagen hydrolysates market reached a value of approximately USD 136.70 million in 2023. The market is expected to grow at a CAGR of 6.8% between 2024 and 2032, reaching a value of USD 247.13 million by 2032.
Key Trends in the Market
Collagen hydrolysate is a group of low molecular weight peptides which is obtained by enzymatic action in acid or alkaline media at a specific incubation temperature. Supplementation with collagen hydrolysates helps strengthen joints and improve metabolism, skin, and gut and liver health, as well as prevent bone loss and support the cardiovascular system. In cosmetics products, collagen hydrolysate is used as a humectant to aid in hydrating skin upon topical application.
- Rising health consciousness is anticipated to propel the demand for nutraceuticals, which is expected to increase the utilisation of collagen hydrolysates. Increasing incidences of chronic ailments and growing concern towards improving bone and immunity in Latin America are major factors increasing the demand for collagen hydrolysates in the region.
- Collagen hydrolysates have anti-aging and cell-repairing properties that make them suitable for cosmetic product formulations. Moreover, the growing consumer focus on personal grooming is bolstering the demand for cosmetic products, which is expected to support the Latin America collagen hydrolysates market growth.
- Increasing research and development (R&D) activities and product innovations in the collagen hydrolysates market are being undertaken that are expected to support growth of the market during the forecast period. These include launch of enhanced products with efficient collagen-based materials with improved functional characteristics.
Latin America Collagen Hydrolysates Market Report Snapshots
Latin America Collagen Hydrolysates Market Size
Latin America Collagen Hydrolysates Market Analysis
Latin America Collagen Hydrolysates Companies
Latin America Collagen Hydrolysates Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The collagen hydrolysates market size in Latin America reached a value of approximately USD 136.70 million in 2023.
The market is expected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 247.13 million by 2032.
Rising health consciousness, increasing demand for nutraceuticals, stable supply of raw materials and availability of a wide variety of collagen hydrolysates are the major market drivers.
The key trends of the market are growing focus on personal grooming, rising demand from various end-use industries, and increasing research and development activities.
The major countries in the collagen hydrolysates market in Latin America are Brazil, Mexico, and Argentina, among others.
Collagen hydrolysate refer to a group of peptides which have low molecular weight and are obtained by enzymatic action in acid or alkaline media at a specific incubation temperature.
Different sources of collagen hydrolysates in the market are bovine, porcine, and marine, among others.
Collagen hydrolysates are available in the form of powder, liquid and capsules.
Key players in the Latin America collagen hydrolysates market are Gelnex Industria E Comercio Ltda, Connoils LLC, Rousselot BV, Novaprom, Gelita AG, and InterGenics, Inc., among others.
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United States (Head Office)
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124