Press release
Latin America collagen market to witness notable growth through 2026 | Collagen Market By key players InterHealth Nutraceuticals, Holista Colltech Limited, Roxlor LLC, Sterling Gelatin
o Collagen market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
o Major collagen industry trends, technology evolution, economic indicators and business challenges
o Regulatory and geopolitical trends impacting the industry
o Business drivers and pitfalls impacting key regional markets
o Competitive landscape of the industry and detailed profiles on the major companies
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Collagen is a compound acquired from animals, occurring in their flesh and connective tissues, providing firmness and continuous renewal of skin cells. Food & beverage, pharmaceutical, nutraceutical, cosmetics, and healthcare are among the major applications of collagen. Collagen demand in food & beverage applications is poised to grow considerably over the next few years.
Gelatin is among the key functional ingredients in confections such as marshmallows, fruit snacks, and gummy candies as well as dairy products like ice cream, sour cream, cheese, and yogurt. Growing consumption of processed foods and dairy products will propel collagen market forecast from food & beverage applications.
Considering the source of collagen, bovine segment is slated to witness considerable growth in the near future as it is mainly derived from cows. Bovine collagen is known to offer a range of health benefits including improved skin health, prevention of bone loss and relief from arthritis. The product is extensively used in food & beverage, pharmaceutical, and nutraceutical applications. Bovine collagen supplements have gained massive popularity in recent years. A massive geriatric population and rising occurrence of arthritis and other health ailments will certainly boost the consumption of bovine-sourced collagen.
In terms of the geographical outlook, Latin America collagen industry is expected to gain traction in the forthcoming years. This can be attributed to rising disposable per capita income levels over the past few years, and increased spending on cosmetics and personal care products. In addition, growing health concerns and a large population of elderly people will boost the product consumption for healthcare and pharmaceutical applications.
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Rapid growth of the nutraceutical sector and growing popularity of collagen supplements are complementing the regional collagen industry outlook significantly. The region is also a notable producer of processed food and beverage products, adding to the consumer base of collagen suppliers. The substance is being utilized in dairy products and LATAM region produces considerable amount of dairy products, with Brazil itself estimated to produce over 35 million liters of milk in 2019.
Some of the companies mentioned in the report include Rousselot International, Nitta Gelatin, Gelita AG, Weishardt Glatines, Weishardt International Group, InterHealth Nutraceuticals, Holista Colltech Limited, Roxlor LLC, Sterling Gelatin, and Norland Products.
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