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 dynamics. 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 rising demand for convenience foods is driving the global market. Moreover, the growing awareness of health and wellness trends encourages the consumption of functional and fortified foods, where gelatin plays a crucial role. Additionally, the expanding pharmaceutical industry utilizes gelatin in the production of capsules and tablets, enhancing its market demand.
Furthermore, the cosmetics industry leverages gelatin for its skin and hair care benefits, contributing to its increasing use in beauty products. The burgeoning pet food sector also incorporates gelatin for its nutritional and textural properties. Besides, continual advancements in gelatin production technology improve efficiency and product quality, driving market growth. The rising popularity of gelatin-based confectionery, such as gummies and marshmallows, further stimulates market expansion. Additionally, the development of innovative gelatin-based products and applications continues to create new opportunities within the market.
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Gelatin Market Scope & Growth Analysis:
The scope of the market is expanding due to the increasing application of gelatin in the nutraceutical industry, where its benefits in joint health and weight management. Furthermore, the trend towards clean-label products promotes the use of natural and easily recognizable ingredients, such as gelatin, enhancing its appeal to health-conscious consumers. The growing interest in personalized nutrition and dietary supplements also contributes to the gelatin market's expansion, as manufacturers seek versatile and effective ingredients.
Besides, the development of plant-based and alternative gelatin sources caters to the rising demand for vegetarian and vegan products, thus broadening the market's reach. The advancement of 3D food printing technology, which utilizes gelatin for creating complex food structures, represents another innovative application area. Moreover, the increasing emphasis on sustainable and ethical sourcing practices positively influences the gelatin market, aligning with consumer preferences for environmentally responsible products. Additionally, the integration of gelatin in novel drug delivery systems within the pharmaceutical industry showcases its versatility and potential for growth.
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
Why Choose IMARC Research Report:
Strong Market Research Expertise
Targeted Marketing Strategies
Innovative Solutions
Comprehensive Analysis
Accuracy and Reliability
Provides Insightful Forecasts
Available Customization Options
Strong Customer Service
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.
About Us:
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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