Gelatin Market To Grow As Of Surge Demand From Food And Pharmaceuticals- 2030

 Gelatin Industry Overview


The global gelatin market size was valued at USD 6.51 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2030. Gelatin is anticipated to witness high demand from functional food application, due to its ability to prevent several diseases, improve food quality, and in food fortification. Gelatin is a highly viscous semi-solid gel; its composition includes 2% to 4% mineral salts, 85% to 90% protein, and 8% to 12% water. Its most common form commercially available is edible gelatin, which does not contain any other preservatives or additives. Non-edible products are mostly used in photography (nail photographic films & papers, glue, and polish) and cosmetics.


Gather more insights about the market drivers, restrains and growth of the Gelatin Market


Gelatin is derived from collagen, which is a natural protein present in the skin and bones. Raw materials including pig skin, bovine hides, and bones are primarily obtained from slaughterhouses. As a protein, it contains numerous amino acids, which makes it useful in a wide range of applications including foods, beverages, pharmaceuticals, and cosmetics among others.


The prices of gelatin vary depending on the prices of its raw materials. It also depends on the region or country where the product is being manufactured. The prices of raw materials are rising at a moderate rate on the account of the growing demand from end-use industries, especially food & beverage, and healthcare. In addition, the rise in demand is likely to be catered to by new production facilities in countries such as the U.S. and India. Furthermore, improvements in the supply chain and an increase in production levels may lead to a stability in the prices of products in the coming years.


The key players in the global gelatin market comprise of GELITA AG, Rousselot Weishardt Holding SA, Nitta Gelatin Inc., and STERLING GELATIN among others. These companies dominate the market with their strong product portfolio and regional presence. In addition, manufacturers are focusing on sustainable production, in-house R&D, customized product offerings, and technology licensing to attain a competitive edge in the market space. For example, in January 2021, Nitta Gelatin India Ltd. launched premium gelatin product manufactured with Japanese technology of international standards for food application.


Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.


• The global fumaric acid market size was valued at USD 561.5 million in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. This growth is attributed to the rising need for processed food and beverages, population growth, and dietary changes.


• The global nisin market size was estimated at USD 502.93 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030. This growth is due to the increasing number of health-conscious consumers, who have become more aware of the importance of organic ingredients in food and beverages, leading to a higher demand for nisin.


Gelatin Market Segmentation


Grand View Research has segmented the global gelatin market report based on source, function, type, application, and region:


Gelatin Source Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
• Animal Source
o Bovine
o Porcine
o Poultry
o Marine
o Others
• Plant Source
o Agar-Agar
o Carrageenan
o Locust Bean Gum
o Others


Gelatin Function Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
• Stabilizer
• Thickener
• Gelling Agent
• Others


Gelatin Type Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
• Type A
• Type B


Gelatin Application Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
• Food & Beverages
o Functional Foods
o Meat Processing
o Functional Beverages
o Dietary Supplements
o Confectionery
o Desserts
• Healthcare
• Cosmetics
• Others


Gelatin Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Russia
o Portugal
o The Netherlands
o Switzerland
o Poland
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Vietnam
o Thailand
o Philippines
o Australia
o New Zealand
• Latin America
o Brazil
o Mexico
o Ecuador
o Peru
o Bolivia
o Chile
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o Turkey
o UAE
o Qatar
o Israel


Order a free sample PDF of the Gelatin Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• GELITA AG
• Rousselot
• PB Leiner
• STERLING GELATIN
• Weishardt Holding SA
• Junca Gelatines SL
• Nitta Gelatin, Inc.
• PAN Biotech GmbH
• Shanghai Al-Amin Biotechnology Co., Ltd.
• Tessenderlo Group

Comments

Post a Comment

Popular posts from this blog

Cookies Market Will Rise Due To Increasing Popularity Of E-Commerce Sites

Image
June 28, 2019:  The global cookies market size is expectded to reach USD 44.01 billion by 2025 with a CAGR of 5.3%, according to a new report by Radiant Insights, Inc. Rising product popularity and increasing demand for on-the-go snacks in developed markets including Germany and U.K. are expected to remain key driving factors for the market over the forecast years. Increasing demand for gluten-free cookies as alternatives to conventional counterparts due to rising concerns regarding glutamic disorders is also offering growth opportunities for the global market. Request a Free Sample Copy of Cookies Market Report @  https://www.radiantinsights.com/research/cookies-market/request-sample Rapid urbanization along with increasing disposable income levels in emerging economies, such as China and India, is projected to boost the product demand. Innovative marketing strategies undertaken by major companies in the market to lure new customers will also contribute to the mar...
Read more

The Pet Food Industry: A Vital Part of the Pet Ownership Experience

Image
    Global pet food sector database is a collection of market sizing information & forecasts, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.   Access the  Global Pet Food Industry Data Book , 2023 to 2030, Compiled Report By Grand View Research   Cat Food Market Report Highlights   The global cat food market size is growing at a CAGR of 3.8% during the forecast period, as per a new report by Grand View Research, Inc. • The market is estimated to advance at a CAGR of 4.4% from 2023 to 2030. This is attributed to the increase in pet obesity, the rise of nuclear families, the humanization of pets, growing awareness of...
Read more

Global Bale Wrappers Market Research Report, 2018-2023

Image
The global Bale Wrappers market is valued at XX million USD in 2017 and is expected to reach XX million USD by the end of 2023, growing at a CAGR of XX% between 2017 and 2023. This report offers an overview of the market trends, drivers, and barriers with respect to the Bale Wrappers market. It also provides a detailed overview of the market of different regions across United States, Europe, China, Japan, India, Southeast Asia and Others. The report categorizes Bale Wrappers market by by Bale Wrappers Types, by Bale Types, and application. Detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Bale Wrappers market is valued at XX million USD in 2017 and is expected to reach XX million USD by the end of 2023, growing at a CAGR of XX% between 2017 and 2023. Request a Free Sample Copy of this Report @   https://www.radiantinsights.com/research/global-bale-wrappers-market-research-report-2018-2023/request-samp...
Read more