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Showing posts with the label Gelatin Market

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. Download PDF Brochure 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 an...

Gelatin Market Size, Revenue Growth Factors, Regions, Trends

The global gelatin market is anticipated to achieve a valuation of USD 5.1 billion by 2028, exhibiting a noteworthy Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period up to 2023. This growth trajectory is notably driven by the pharmaceutical sector, poised to experience rapid expansion.  The market's ascent is propelled by the escalating demand for "free-from" food items, coupled with a heightened focus on health among consumers. Furthermore, the surge in the popularity of gelatin, rich in protein content, has engendered robust demand from the nutraceutical and sports nutrition domains. Download PDF Brochure Within the spectrum of sources, the animal-origin segment is projected to dominate in 2023. Gelatin, commonly derived from the partial hydrolysis of collagen extracted from diverse animal sources such as marine life, mammals, poultry, and even insects, underscores this trend. Commercial production predominantly hinges on bovine and porcine...

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. T...

Europe is Projected to Hold the Largest Market Share in the Global Gelatin Market

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The Gelatin Market   is projected to grow from USD 2.6 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 6.6% during the forecast period.  The wider application scope, multiple functionalities, and clean-label claim are eventually driving the global gelatin market growth. With the rising health consciousness among consumers and demand for “free-from” food products, the market of gelatin is expected to rise. There has also been an increasing demand for gelatin from the nutraceutical and sports nutrition segment due to its high protein content. Download PDF Brochure Europe is estimated to account for the largest share of the market in 2018. The presence of a large number of food & beverage companies presents the European gelatin market with a prominent consumer base.  The dominance in this region is attributed to the high demand for nutritional and functional food & beverage products along with the growing pharmaceutical industry. Moreover, the abundant avail...

Darling Ingredients (US) and Tessenderlo Group (Belgium) are the Key Players in the Gelatin Market

The global gelatin market size is projected to grow from USD 2.6 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 6.6% during the forecast period. Growing demand for functional and convenience food & beverage products and rising preferences for clean-label products are projected to drive the market for gelatin. The major gelatin vendors include Darling Ingredients (US), Gelita (Germany), Nitta Gelatin (Japan), Tessenderlo Group (Belgium), Weishardt (France), Trobas Gelatine (Netherlands), India Gelatine & Chemicals (India), Lapi Gelatine (Italy), Junca Gelatines (Spain), Sterling Biotech Group (India), Italgelatine (Italy), and Gelnex (Brazil). These players have adopted various growth strategies such as expansions & investments and new product launches to expand their presence in the global gelatin market. Expansions & investments are the most dominating strategy adopted by major players. This has helped key players to increase their presence in different regi...