Global Gelatin Market Overview:
According to the latest report by IMARC Group, titled “Gelatin Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global gelatin market reached a volume of 447.30 Thousand Tons in 2021. Looking forward, IMARC Group expects the market to reach 496.47 Thousand Tons by 2027, exhibiting at a CAGR of 1.66% during 2022-2027.
Gelatin is a flavorless and colorless protein made from collagen, which is a component present in the bone, skin and cartilage of humans and animals. It is used as a gelling agent in the production of cosmetics, food and medicine. Gelatin is also used for treating osteoarthritis, obesity, aging skin, brittle nails, and weak and brittle bones. It contains various amino acids, including proline, hydroxyproline, glycine, valine, and glutamic acid. Gelatin is commercially available in the form of powder, granules or sheets.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Gelatin Market Trends:
The global market is primarily driven by the increasing product demand across the food and beverage industry. This is supported by the rising utilization of gelatin in the preparation of confectioneries and bakery items. Moreover, the increasing usage of gelatin in the production of nutritional and dietary supplements is creating a positive outlook for the market.
Furthermore, leading manufacturers and sellers are heavily investing in the launching of vegan gelatin variants in the market due to the shifting inclination of the masses toward leading a vegan lifestyle and the increasing preference for clean-label products. This, in turn, is providing an impetus to market growth on the global level.
Other factors, including the easy product availability via online and offline organized channels and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth.
Global Gelatin Market 2022-2027 Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the market has also been examined, with some of the key players being:
- Gelita AG
- Rousselot SAS
- PB Gelatin/PB Leiner (Tessenderlo Group)
- Sterling Biotech Ltd.
- SAS Gelatines Weishardt
- Nitta Gelatin
- NA Inc.
Market by Raw Material:
- Pig Skin
- Bovine Hides
- Other Sources
Market by End-Use:
- Food and Beverages
Breakup by Region:
- 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 (2016-2021)
- Market Outlook (2022-2027)
- 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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