The latest report published by IMARC Group, titled ‘Gelatin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032’, offers a comprehensive analysis of the gelatin market forecast report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global gelatin market size reached 464,410 Tons in 2023. Looking forward, IMARC Group expects the market to reach 526,920 Tons by 2032, exhibiting a growth rate (CAGR) of 1.37% during 2024-2032.
Gelatin Market Overview:
Gelatin is a translucent, colorless, and flavorless substance derived primarily from the collagen found in animal body parts. It's a protein formed by boiling certain parts of animals, such as skin, bones, and connective tissues, usually from cows or pigs, in water. Through this process, the collagen is hydrolyzed, meaning it's broken down into smaller units, making gelatin soluble in water and giving it its unique ability to form gels. This characteristic makes gelatin a popular ingredient in the food industry, where it's used in the production of various products such as marshmallows, jelly candies, and gummy bears, as well as in desserts, including puddings, mousses, and gelatin desserts. Beyond its culinary uses, gelatin has applications in pharmaceuticals as a gelling agent in capsules and tablets, in cosmetics, and even in the production of photographic films and papers.
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Gelatin Market Trends:
The wide utilization of gelatin in various industries, including food and beverage, pharmaceutical, cosmetics, photography, and biotechnology, is driving the global market. In the food and beverage sector, Gelatin's role as a gelling agent, stabilizer, and thickener in products like jellies, desserts, and candies is indispensable, fueling its demand. The pharmaceutical industry contributes significantly to the market growth, where gelatin is used in the production of capsules, tablets, and emulsions, due to its excellent binding, film-forming, and bioadhesive properties. This is particularly relevant as the global healthcare sector continues to expand, increasing the need for pharmaceutical products that incorporate gelatin. Additionally, the rising consumer awareness regarding the health benefits associated with gelatin, such as its ability to improve skin and hair health, strengthen bones, and aid in digestion, has further spurred its consumption. The cosmetics industry also leverages gelatin in various beauty and personal care products, capitalizing on its skin-rejuvenating qualities.
Competitive Landscape:
- Gelita AG (Formerly DGF Stoess)
- Rousselot SAS
- PB Gelatin (Tessenderlo Group)
- Sterling Biotech Ltd
- Weishardt Group
- Nitta Gelatin
Gelatin Market Segmentation:
Raw Material Insights:
- Pig Skin
- Bovine Hides
- Bones
- Others
End Use Insights:
- Food and Beverages
- Nutraceuticals
- Pharmaceuticals
- Photography
- Cosmetics
- Others
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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