Sericin Market

The Latin America Sericin market size was valued at US$ 23 million in 2024 and is projected to reach US$ 32 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

Sericin is a protein derived from silk, used in cosmetics, pharmaceuticals, and biotechnology for its moisturizing, antioxidant, and cell-protective properties.

The Latin American sericin market is growing steadily, driven by increasing demand in the cosmetics and personal care industries. Brazil, Colombia, and Mexico account for 75% of the regional market. In 2023, the cosmetics industry consumed 60% of sericin in Latin America. The market saw an 18% increase in demand for high-purity sericin extracts in 2023, particularly for use in premium skincare formulations. Use in wound healing applications is growing at 10% annually. Key manufacturers are focusing on developing standardized sericin products, with a 22% year-over-year increase in product launches featuring consistent molecular weight distributions. The industry is also witnessing a trend towards sericin-based biomaterials, with a 28% rise in R&D projects exploring sericin's potential in tissue engineering and drug delivery systems.

Report Includes

Sericin Market is an essential reference for who looks for detailed information on Latin America Sericin. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Sericin, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Sericin Market aims to provide a comprehensive presentation of the Latin America Sericin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sericin. Sericin Market contains market size and forecasts of Sericin in Latin America, including the following market information:

We surveyed the Sericin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil

•    Mexico

•    Argentina

•    Chile

•    Colombia

•    Peru

•    Venezuela

by Products type:

•    ?-sericin

•    ?-sericin

by Application:

•    Pharmaceuticals

•    Cosmetics

•    Textiles

•    Food

•    Others

key players include: (At least 8-10 companies included)

•    Silk Fibroin Technologies

•    BASF SE

•    Croda International Plc

•    Evonik Industries AG

•    The Dow Chemical Company

•    Wacker Chemie AG

•    Clariant

•    AGC Biologics

•    Lonza Group

•    Givaudan

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Sericin revenues in Latin America market, 2019-2024 (Estimated), ($ millions)

•    Key companies Sericin revenues share in Latin America market, 2023 (%)

•    Key companies Sericin sales in Latin America market, 2019-2024 (Estimated),

•    Key companies Sericin sales share in Latin America market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Latin America and country-wise market of Sericin

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Sericin capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Sericin manufacturers

•    Sericin forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.