Latin America Collagen Peptides Market size was USD 0.15 billion in 2024 and is forecasted to exhibit a CAGR of 12.38% and reach USD 0.38 billion by 2032. The Collagen Peptides market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the growth potential of the emerging economies in different regions all across the globe.
Collagen Peptide can be described as a chemical compound, which is rich in protein and is an important part of the healthy nutrition. It is responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.
There are various factors which have been impacting the market growth over recent years. The factors having a positive impact are, wide range of applications of collagen peptide as an ingredient in food industry, consumers’ preference towards healthy lifestyle.
Besides, there are few factors which hinder the market growth as well, which include concerns regarding the depleting animal sources, stringent government laws for animal origin additives. These factors are responsible for holding the market down from its full potential.
Major Key Players in the Latin America Collagen Peptides Market are Darling Ingredients Inc, Gelita AG, Weishardt Group, Cargill, Incorporated, Kewpie Corporation, Tessenderlo Group, Gelnex, Danish Crown A/S, Italgelatine S.P.A, and Lapi Gelatine
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