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 revenue. 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 Trends:
The global market is primarily driven by the increasing demand for gelatin in the food and beverage industry due to its functional properties. In line with this, the widespread use of gelatin in pharmaceuticals and nutraceuticals is also providing an impetus to the market. Moreover, the considerable rise in health and wellness trends is also acting as a significant growth-inducing factor for the market.
In addition to this, the expanding number of PRODUCT applications in cosmetics and personal care products is resulting in higher market penetration. Besides this, the growing demand for clean-label and natural ingredients due to the rising consumer awareness about product ingredients is creating lucrative opportunities in the market. Also, the increasing influence of dietary supplements and functional foods is impacting the market positively. The market is further driven by the implementation of favorable government support and regulations promoting the use of gelatin in various industries.
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Gelatin Market Scope & Growth Analysis:
The scope of the global market is expanding as the demand for gelatin in novel applications such as biomedical and tissue engineering continues to rise. In line with this, the increasing investments in developing advanced derivatives for specialized uses are also contributing to the market scope. In addition to this, the rise of sustainable and ethical sourcing of raw materials is broadening the market's horizons.
As per the market analysis, the focus on developing high-quality gelatin for niche markets such as pet food and sports nutrition is opening new avenues for growth. The emphasis on enhancing the functional properties through technological advancements is also playing a crucial role in market expansion. Furthermore, the market is witnessing increased collaboration between manufacturers and research institutions to innovate and diversify applications. Some of the other factors influencing market scope include the proliferation of customized and personalized nutrition trends, evolving consumer preferences, and ongoing advancements in extraction and processing technologies.
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
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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