Report : South America Collagen Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Source (Bovine, Porcine, Marine, Plant-Based/Vegan, and Others), Product Type (Gelatin, Hydrolyzed Collagen, and Native Collagen), and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
Bovine Segment to Dominate SAM Collagen Market During 2021–2028
According to a new market research study on “South America Collagen Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Source, Product Type, and Application” is expected to reach US$ 452.48 million by 2028 from US$ 256.28 million in 2021. The market is estimated to grow at a CAGR of 8.5% from 2021 to 2028. The report provides trends prevailing in the SAM collagen market along with the drivers and restraints pertaining to the market growth. Application possibilities are numerous and Osteoporosis is becoming increasingly common are the major factor driving the growth of the SAM Collagen market. However, Human consumption of collagen has raised safety concerns hinders the growth of SAM collagen market.
The SAM Collagen market is segmented based on source, product type, application, and country.
Based on source, the SAM collagen market is segmented into bovine, marine, porcine, plant-based/vegan, and others. The bovine segment dominated the SAM Collagen market in 2020. Based on product type, SAM Collagen market is segmented into gelatin, hydrolyzed collagen, and native collagen. The gelatin segment dominated the SAM Collagen market in 2020. Based on application, the SAM Collagen market is segmented into pharmaceuticals and nutraceuticals, food and beverages, personal care, and others. The pharmaceuticals and nutraceuticals segment dominated the SAM Collagen market in 2020. Based on country, the SAM Collagen market is segmented into Brazil, Argentina, and Rest of SAM. The Rest of SAM segment dominated the SAM Collagen market in 2020.
GELITA AG; Gelnex; Ewald-Gelatine GmbH; Vinh Hoan Corporation; Weishardt; and Nippi Inc.; are among the leading companies in the SAM Collagen market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Gelnex Increases Collagen/Gelatin Production Capacity.
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