Gelatin Market: Trends, Growth, and Key Players in the Global Market

The global gelatin market is expected to reach USD 5.1 billion by 2028 and grow at a CAGR of 6.6% during the forecast period until 2023, with the pharmaceutical segment projected to experience the fastest growth. The increasing demand for "free-from" food products and the rising health consciousness among consumers are driving the market's growth. Moreover, the high protein content in gelatin has led to an increased demand from the nutraceutical and sports nutrition segments.

Download PDF Brochure

The animal source segment is expected to hold the largest market share in 2023, as gelatin is commonly obtained through partial hydrolysis of collagen extracted from various animal sources such as marine, mammalian, poultry, and insects. Commercial production of gelatin is primarily sourced from bovine and porcine bones and hides, with marine-sourced gelatin produced and applied on a smaller scale.

The consumer buys food and beverage based on taste, safety, and cost. The strong growth of the food processing industry of Europe has supported the growth of the gelatin market. The presence of many food & beverage companies presents the European gelatin market a prominent consumer base. This ample availability of raw materials and the high dependence of European population on these sources pose as drivers for the growth of the gelatin market in the region.

Europe is experiencing the highest growth rate in the gelatin market due to the region's health-conscious consumers and their demand for nutritious and clean-label foods, as well as the growing pharmaceutical industry. Several gelatin manufacturers, such as Gelita AG, PB Leiner, Trobas Gelatine B.V., and Lapi Gelatine S.P.A., are present in Europe, leading to product launches, joint ventures, and acquisitions to meet the growing demand from the food, beverage, and pharmaceutical industries.

Make an Inquiry

Key players in the market include Darling Ingredients, Tessenderlo Group, Nitta Gelatin, Inc., Gelita AG, Weishardt, Lapi Gelatine Spa, India Gelatine & Chemicals Ltd., Trobas Gelatine B.V., Sterling, Roxlor, Suheung, and Ewald Gelatin GmbH.

Comments

Post a Comment

Popular posts from this blog

Global Bottled Water Processing Market: Key Trends and Insights by 2028

A recent research report by MarketsandMarkets titled " Bottled Water Processing Market " provides valuable insights into the dynamics of the bottled water industry. The study covers both the bottled water market and the bottled water equipment market, forecasting significant growth in both segments. Here are key highlights from the report: Download PDF Brochure Bottled Water Market Overview: The bottled water market is projected to reach USD 457.1 billion by 2028, exhibiting a CAGR of 8.0% from 2023. This growth is attributed to the rising demand in emerging markets where limited access to safe drinking water is a challenge. The global population increase also contributes to the surge in demand for clean and safe drinking water, emphasizing the pivotal role of bottled water processing in providing accessible hydration solutions. Product Type Insights: The report highlights that still water dominates the market, accounting for the largest share in 2022 in terms of value. This
Read more

Growth Trends and Opportunities in the Global Edible Oils Market

The global edible oils industry is on track to reach USD 268.9 billion by 2027, marking a significant increase from USD 212.6 billion in 2022, with a projected compound annual growth rate (CAGR) of 4.8% between 2022 and 2027. This growth is primarily fueled by the rising global population, coupled with shifts in lifestyle preferences towards processed foods, where edible oils play a crucial role as primary ingredients. Furthermore, ongoing advancements in food processing, including the development of novel products such as confectionery, bakery items, ready-to-eat foods, and fast foods, are driving substantial demand for edible oils. Download PDF Brochure      Soybean oils emerge as the fastest-growing segment in the global edible oils market , anticipated to experience a robust CAGR of 5.4% during the forecast period. With concerns regarding food costs and climate change's impact on food supplies, soy products, particularly soybean oil, are gaining traction. Soybean oil's neu
Read more

Transformative Growth Projected for Global Seed Coating Market: A Comprehensive Overview

In 2023, the global seed coating market , valued at USD 2.0 billion, is positioned for remarkable expansion, anticipated to reach USD 3.1 billion by 2028 with a robust CAGR of 8.5%, as reported by MarketsandMarkets. This agri-tech innovation is reshaping agriculture by enhancing seed germination, seedling vigor, and overall crop yields. Download PDF Brochure Advancements in Liquid Seed Coatings: A Cornerstone of Modern Agriculture Liquid seed coatings, applied across diverse crops such as corn, soybeans, wheat, rice, vegetables, and flowers, are indispensable tools in modern agriculture. Croda International Plc's FS formulations are gaining prominence due to their concentrated nature, water-based composition, and enhanced safety during application, marking a revolutionary shift in seed treatment practices. Cereal and Grains Segment Driving Adoption The cereal and grains segment, emphasized by the Food and Agriculture Organization (FAO), plays a pivotal role in the increasing adopti
Read more