The Global Market for Gelatin is Projected to Exceed 510 Thousand Metric Tons by 2024

Unique Characteristics in Emulsification, Binding, Stabilization and Gelling Continue to Drive Healthy Demand for Gelatin, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Gelatin market. The global market for Gelatin is projected to exceed 510 thousand metric tons by 2024, driven by the essential requirement of gelatin in food, pharmaceutical, and nutritional solutions due to its distinctive behavioral properties, and development of non-mammalian gelatin.

The global market for gelatin is being propelled by confluence of several factors including rising demand for convenience and functional foods, increasing health awareness, expansion of end-use industries and growth across emerging markets. Gelatin represents an omnipresent element in today’s world because of its unique attributes as a thickener, plasticizer, emulsifier, foaming agent, moisture retainer, texture enhancer, and binding agent, among others. The steadily growing animal protein is touted as a trend setting ingredient driven by its myriad applications in several food products including confectioneries, dairy, desserts, and meat processing; in joint care and nutritional solutions; in the production of plasma substitutes, capsule shells, health supplements, and granulations; as stabilizers for oil emulsions; in cosmeceutical products such as lipsticks, conditioners, nail products, and shampoos; and various technical applications including photographic supplies, explosives, electroplating, dyes, papermaking, and printing, among others.

Healthy growth is projected for the market in the coming years driven by growing interest in nutraceutical ingredients and the boom in functional foods. Gelatin is a fat-free and natural ingredient that is calorie-free and rich in protein, presenting an attractive option for functional foods. Collagen, a hydrolyzed form of gelatin, is a purified protein easily absorbed by the human body. The material is widely used in nutritional supplements including protein bars, protein drinks and beauty and weight loss products owing to its excellent gelling, thickening, binding, film forming, aerating and stabilizing properties. Applications in the pharma sector that are likely to foster use of gelatin include plasma volume replacer, medical sponges, vaccines, and regenerative medicine. Additional factors that are expected to benefit market prospects for this vital food additive include the expanding global food & beverage industry driven by globalization; growing prominence of fish-derived gelatin as a substitute to mammalian gelatin; changing lifestyles; increased preference for ready-to-eat products; focus on preventive healthcare, and growing incidence of osteoarthritis. High concentration of amino acids in gelatin is capable of strengthening bones and joints, and also acts as an effective anti-inflammatory agent that assists in easing discomfort, pain and stiffness caused by osteoarthritis.

As stated by the new market research report on Gelatin, Europe represents the largest market worldwide, followed by Asia-Pacific. Asia-Pacific is also forecast to spearhead growth with the fastest CAGR of 5.2% over the analysis period. Emerging markets including China and India are expected to provide new growth platforms owing to rising living standards; focus on vegetarian gelatin options; growing demand for capsules, tablets, orals & injectable drugs, bulk drugs, pharmaceutical formulations and drug intermediates; and booming convenience food industry. Despite the promising outlook of the market in the regional markets, gelatin demand continues to be hampered by consumer concerns regarding social and safety aspects of animal-derived products, gelatin’s animal-origin, along with technical limitations and price volatility.

Key players in the market include Capsugel Inc., Darling Ingredients Inc., Rousselot B.V., Ewald-Gelatine GmbH, Gelita AG, Gelnex, Italgelatine S.p.A., Juncà Gelatines S.L, LAPI GELATINE S.p.a., Nitta Gelatin, Inc., REINERT GRUPPE Ingredients GmbH, Sterling Biotech Limited, Suheung Co., Ltd., Tessenderlo Group NV, The Roxlor Group, Trobas Gelatine BV, and Weishardt Holding SA, among others.

The research report titled “Gelatin: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the market, industry overview, trends, growth drivers, latest product launches and recent industry activity. The report provides market estimates and projections in Metric Tons by end-use applications including Food & Beverage, Pharmaceuticals, and Others. Key geographic markets analyzed in the report include the US, Canada, Japan, Europe (France, Germany, Italy, UK, Belgium, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America) and Rest of World.

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