The latest report published by IMARC Group, titled “Gelatin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on gelatin market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global gelatin market size reached 457,200 Tons in 2022. Looking forward, IMARC Group expects the market to reach 504,400 Tons by 2028, exhibiting a growth rate (CAGR) of 1.57% during 2023-2028.
Gelatin Market Overview:
Gelatin, a versatile and widely used protein derived from collagen, holds a significant place in the realm of food, pharmaceuticals, and various industrial applications. This translucent substance is produced through a meticulous process of hydrolyzing collagen, primarily sourced from animal connective tissues like bones and skin. Gelatin finds extensive application in the food industry, where its unique gelling and binding properties serve as a fundamental ingredient in a spectrum of products. From confectioneries like gummy candies and marshmallows to dairy products, desserts, and even meat products, gelatin lends texture, stability, and mouthfeel, enriching sensory experiences across various cuisines.
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Gelatin Market Trends:
The global gelatin market is steered by the rise in demand for functional food ingredients. Health-conscious consumers are increasingly seeking products that not only satiate their taste buds but also offer nutritional value. Gelatin, with its protein content and versatile characteristics, aligns well with this trend, making its way into a myriad of fortified foods and dietary supplements. Moreover, the pharmaceutical industry has recognized gelatin’s suitability for encapsulating medications, vitamins, and nutritional supplements, contributing to the market’s growth. Moreover, innovation in gelatin production methods and the emergence of plant-based alternatives have reshaped the market landscape. As plant-based diets gain popularity, manufacturers are exploring vegetarian and vegan-friendly gelatin substitutes derived from sources like seaweed and pectin.
Gelatin Market Segmentation:
Competitive Landscape:
- Gelita AG (Formerly DGF Stoess)
- Rousselot SAS
- PB Gelatin (Tessenderlo Group)
- Sterling Biotech Ltd
- Weishardt Group
- Nitta Gelatin
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
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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