Plant-based products have gained huge traction due to shifting consumer preferences toward sustainable products, growing affiliation for animals, and people’s stand against animal cruelty. Many plant-based products are available across multiple retail channels, including supermarket chains, such as Walmart, Kroger, and Lidl, and online retail platforms. The growth in veganism has compelled collagen manufacturers to launch plant-based or vegan-friendly collagen. Thus, vegan-friendly collagen is emerging as a significant trend in the overall collagen market.
With the new features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the SAM collagen market. The SAM collagen market is expected to grow at a substantial CAGR during the forecast period.
SAM Collagen Market Segmentation
The SAM collagen market is segmented into 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 market in 2020. Based on product type, the SAM collagen market is segmented into gelatin, hydrolyzed collagen, and native collagen. The gelatin segment led the market in 2020. Based on application, the SAM collagen market is segmented into pharmaceuticals & nutraceuticals, food & beverages, personal care, and others. The pharmaceuticals & nutraceuticals segment dominated the market in 2020. Based on country, the SAM collagen market is segmented into Brazil, Argentina, and the Rest of SAM. The Rest of SAM segment led the market in 2020.
GELITA AG, Gelnex, Ewald-Gelatine GmbH, Vinh Hoan Corporation, Weishardt, and Nippi Inc. are among the leading companies operating in the SAM collagen market
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 256.28 Million |
| Market Size by 2028 | US$ 452.48 Million |
| CAGR (2021 - 2028) | 8.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Source
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America Collagen Market is valued at US$ 256.28 Million in 2021, it is projected to reach US$ 452.48 Million by 2028.
As per our report South America Collagen Market, the market size is valued at US$ 256.28 Million in 2021, projecting it to reach US$ 452.48 Million by 2028. This translates to a CAGR of approximately 8.5% during the forecast period.
The South America Collagen Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Collagen Market report:
The South America Collagen Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Collagen Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Collagen Market value chain can benefit from the information contained in a comprehensive market report.
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