Global Gelatin Market Projected to Reach USD 4.7 Billion by 2026

10-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Gelatin Market By Raw Material (Pig Skin, Cattle Bones, Bovine Hides, Others) By Function (Stabilizer, Thickener, Gelling Agent, Others) and By Application (Personal Care, Pharmaceutical, Nutraceutical, Photography, Food & Beverage, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Gelatin market in 2019 was around USD 3.8 billion. The market is expected to grow at a CAGR of around 6% and is anticipated to reach around USD 4.7 billion by 2026.

With the growing food & beverage industry, there is an increasing demand for the gelatin market. The increasing use of gelatin in the pharmaceutical industry is anticipated to boost the market in the forecasted period. The excellent properties of gelling, stabilizing, and foaming makes it an ideal option for desserts. Owing to the stringent laws there is no adulteration done in the food products that use gelatin. However, the rising manufacturing cost along with the increasing utility expenditure is estimated to hinder the market growth and reduce its use in various applications like personal care, food & beverages, and pharmaceuticals industry. Lack of technology and money-making manufacturing for gelatin production is also expected to hamper the market. Nevertheless, the constant R&D activities for developing new products give immense opportunities for market growth in the coming years.

Browse the full “Gelatin Market By Raw Material (Pig Skin, Cattle Bones, Bovine Hides, Others) By Function (Stabilizer, Thickener, Gelling Agent, Others) and By Application (Personal Care, Pharmaceutical, Nutraceutical, Photography, Food & Beverage, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/gelatin-market-by-raw-material-pig-skin-cattle-1071

As per the raw material analysis, the source of gelatin is mainly from bone, skins, bovine hides, and pigs. Gelatin from pig skin is preferred over other sources as it is economical in pricing. However, the consumption of pig in Arab countries and the usage of the products containing gelatin from pig origin is likely to hamper the gelatin market in this region of the Middle East and Africa. Other raw materials such as fish and poultry are also used in the production of gelatin as there are certain social or health concerns associated with pigs or beef. Gelatin from fish skin is used in the pharmaceutical industry as it does not react with antibodies manufactured for mammals.

As per the function analysis, the segment of stabilizer is expected to dominate the market owing to the rising consumption of food products such as jams, ice creams, yogurts, salads, and pasta. Thickeners also help in increasing the viscosity of any liquid without changing its original properties. The growing use of thickeners in the personal care and cosmetics industry is likely to escalate the demand in the forecasted period. As per the application analysis, gelatin is largely used in the food and beverage industry as it plays a crucial role as an additive in manufacturing dietary supplements, beverages, and edible coatings. The majority of the people prefer collagen consumption through their diet which in turn is boosting the demand for gelatin in the food industry.

As per the regional analysis, the European region is anticipated to dominate the market owing to the usage of premium quality collagen which is useful in the production of bone and tissue reconstruction patches. The market is also driven by the increasing usage of gelatin-based products like food & beverages, cosmetics, and pharmaceuticals. The escalating demand for the production of casings for meat has also exhibited in the growth of the gelatin market. The surging demand for convenience packed foods that are used in the launching of any new product is also predicted to play an important role in increasing the demand for gelation which is used in products like desserts and confectioneries.

Report Scope

Some of the leading players in the global market include

Gelita AG,Darling Ingredients Inc.,Nitta Gelatin Inc.,Sterling Gelatin,Tessenderlo Group,Gelita AG,Nitta Gelatin Inc.,Others

This report segments the Gelatin market as follows:

By Type Segmentation Analysis

• Type 1
• Type 2
• Type 3

By Application Segmentation Analysis

• Application 1
• Application 2
• Application 3

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com