Gelatin Market to reach USD 6.45 Bn at a CAGR of 6.5 percent by 2030- Says Maximize Market Research

Gelatin Market to reach USD 6.45 Bn at a CAGR of 6.5 percent by 2030- Says Maximize Market Research
Gelatin Market
The Global Gelatin Market size was valued at USD 4.15 Billion in 2023 and the total Gelatin Market revenue is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 6.45 Billion.

[Pune, 08, May, 2024]: The Global Gelatin Market, valued at USD 4.15 Billion in 2023, expects a robust growth trajectory, projecting a 6.5% CAGR from 2024 to 2030 and reaching nearly USD 6.45 Billion. The market derived from collagen and a key protein in animal tissues, gelatin serves as a versatile food ingredient. Approved for human consumption, it’s sourced from animal skins, bones, and meat with its unique properties and gelatin finds extensive application in food, pharmaceuticals, and various industries.

Gelatin Market Scope and Research Methodology

Market Size in 2023– USD 4.15 Bn.

Market Size in 2030– USD 6.45 Bn.

CAGR– 6.5 percent (2024-2030)

Forecast Period– 2024-2030

Base Year– 2023

Number of Pages– 287

No. of Tables– 115

No. of Charts and Figures– 122

Segment Covered– Type, Function, Source and Application.

Regional Scope– North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage– Market Share, Size & Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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The Gelatin Market analysis spans key sectors like Food and Beverages, Pharmaceuticals, Health and Nutrition, Cosmetic and Personal Care, and more. Methodologically, data collection involves primary interviews and surveys with experts and complemented by secondary research from industry reports and government publications. Statistical analysis yields trends, growth forecasts, and insightful projections, considering market drivers, challenges, and opportunities. Competitive scrutiny assesses key players’ strategies, portfolios, and positioning. This approach provides a comprehensive understanding of market dynamics and aiding informed decision-making for industry stakeholders. Detailed segmentation, regional breakdowns, and competitive matrices enrich insights, validated by robust qualitative and quantitative methodologies, making it an invaluable asset for investors and marketers.

Gelatin Market Overview

The Gelatin Market relies on a versatile ingredient derived from collagen and a key protein in animal skin, bones, and meat. Colourless and flavourless, gelatin’s unique properties stem from its manufacturing process and often from pig or cow skins or demineralized animal bones approved for human consumption. As hydrolysed collagen gelatin serves diverse roles in food, pharmaceuticals, and cosmetics. Its ability to form gel-like structures makes it ideal for food products like desserts and capsules in pharmaceuticals. Bovine gelatin, a major player, also features in photography and drug delivery systems, though challenges persist in nanoparticle stabilization. Evolving to meet consumer needs, the market explores alternative sources and innovative formulations while remaining integral to these industries.

Gelatin Market Dynamics

The gelatin market thrives on its versatile applications and potential health benefits. Derived from animal collagen, mainly cows and pigs, it’s a prized ingredient in culinary delights like gummy bears and yogurts. However its reach extends beyond food into cosmetics and pharmaceuticals. Gelatin’s believed skin-rejuvenating properties drive its inclusion in anti-aging creams and supplements, while its joint health benefits enhance personal care products. In pharmaceuticals, it’s a key thickening agent in various formulations. With a rising health-conscious trend, demand surges for clean-label products, further fuelling gelatin sales. As a multifaceted ingredient with health associations, gelatin remains indispensable, continually evolving across industries. Additionally, the gelatin art market showcases culinary creativity, gaining traction through social media platforms.

Gelatin Market Regional Insights

Europe leads the global gelatin market, buoyed by advanced technology and a robust economy. Its prowess in medicinal gelatin consumption underscores technical prowess and economic stability. European manufacturers capitalize on this and driving innovation and diversification especially in pharmaceutical applications like capsules and solubilizers. In North America, saturation challenges traditional markets and compelling exploration of new growth avenues through innovative gelatin applications in pharmaceuticals and cosmetics. Meanwhile, Asia Pacific, sees rapid growth and fueled by China and India’s industrialization with diverse manufacturers meeting varied sector demands, particularly in pharmaceuticals, cosmetics, and food and beverages.

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Gelatin Market Segmentation

By Application:

  • Food and Beverages
  • Pharmaceuticals
  • Health and Nutrition
  • Cosmetic and Personal
  • Others

Based on Application, the Gelatin market booms primarily in the food and beverage industry and enriching a myriad of products with its versatile properties. From yielding the smooth and indulgent texture of desserts and candies to preserving meats and refining culinary creations and gelatin plays a pivotal role. In pharmaceuticals, it facilitates precise medication delivery through capsules, while its potential health benefits intrigue researchers and consumers alike. Additionally, gelatin’s application extends to cosmetics, enriching skincare and haircare formulations with its moisturizing and thickening prowess. Across industries, gelatin remains an indispensable ingredient, blending seamlessly into products that enhance taste, health, and aesthetics.

By Type:

  • Type A
  • Type B

By Function

  • Thickener
  • Stabilizer
  • Gelling Agent
  • Other

By Source

  • Porcine
  • Bovine Skin
  • Bovine Bone
  • Fish & Poultry
  • Agar-Agar
  • Carrageenan

Gelatin Market Key Competitors include:

North America Region

  • Darling Ingredients Inc
  • Great Lakes Gelatin Company
  • Jellatech

Europe Region

  • Ewald-Gelatine GmbH
  • Jellice Pioneer Private Limited
  • Lapi Gelatine Spa,
  • Weishardt Holding Corporation

Asia Pacific Region

  • Foodchem International Corporation
  • Geltech Co., Ltd
  • Henan Boom Gelatin Co.,Ltd
  • India Gelatine
  • J. Gelatine
  • Narmada Gelatines
  • Jellice Pioneer Private Limited
  • Luohe Wulong Gelatin Co. Ltd
  • Nitta Gelatin Incorporation
  • Shanghai Al-Amin Biotechnology Co., Ltd
  • Nitta Gelatin

Key questions answered in the Gelatin Market are:

  • What is Gelatin?
  • What are the opportunities for the Gelatin Market?
  • What is the demand pattern for the Gelatin Market?
  • What are the strategies used by competitors in the Gelatin Market?
  • What is the current growth rate of the Gelatin Market?
  • Who are the key players in the Gelatin Market?
  • Which segment is expected to witness the fastest growth and why in the Gelatin Market?
  • What are the factors affecting growth in the Gelatin Market?
  • What are the growth prospects in developing countries for the Gelatin Market?
  • Who held the largest market share in Gelatin Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Product, Distribution and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:

Pharmaceutical Gelatin Market  The Pharmaceutical Gelatin Market size was valued at USD 1.26 Bn in 2023 and Pharmaceutical Gelatin Market revenue is expected to reach USD 1.82 Bn by 2030, at a CAGR of 5.4 % over the forecast period (2024-2030).

Collagen and Gelatin Market – The Collagen and Gelatin Market size was valued at USD 943.25 Mn. in 2023 and the total Collagen and Gelatin, revenue is expected to grow at 7.8% from 2024 to 2030, reaching nearly USD 1595.72 Mn.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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