The Global Gelatin Market: Projected Growth, Market Dynamics, and Regional Trends

The global gelatin market is anticipated to achieve a valuation of USD 5.1 billion by 2028, exhibiting a robust Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period up to 2023. The pharmaceutical segment is poised for the fastest growth, driven by the increasing demand for "free-from" food products and a rising health consciousness among consumers. Furthermore, the nutraceutical and sports nutrition sectors are witnessing heightened demand due to gelatin's high protein content.

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Market Dynamics and Growth Drivers:

The animal source segment is expected to dominate the market in 2023, with gelatin commonly derived through partial hydrolysis of collagen sourced from various animals, including marine, mammalian, poultry, and insects. Commercial production primarily relies on bovine and porcine bones and hides, while marine-sourced gelatin is produced on a smaller scale.

Consumers prioritize taste, safety, and cost when purchasing food and beverages. The robust growth of the European food processing industry has significantly contributed to the expansion of the gelatin market. Europe, with its numerous food and beverage companies, boasts a substantial consumer base, supported by abundant raw materials and a high reliance on these sources.

Regional Trends:

Europe is witnessing the highest growth rate in the gelatin market, propelled by health-conscious consumers seeking nutritious and clean-label foods. The growing pharmaceutical industry in the region further adds momentum. Key manufacturers like Gelita AG, PB Leiner, Trobas Gelatine B.V., and Lapi Gelatine S.P.A. are strategically positioned in Europe, leading to product launches, joint ventures, and acquisitions to cater to the escalating demand from the food, beverage, and pharmaceutical sectors.

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Key Players:

Prominent 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.


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