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Global Gelatin Market- Growth | key Industry Players | Analysis | Forecasts to 2023
Gelatin is made from collagen that is found in pigs, fish, sheep, and bovines, and is a robust source of protein. Gelatin contains 85-90% protein, 8-12% water, and 2-4% mineral salts. The edible variety of gelatin is most widely used, which lacks additives and preservatives.
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Gelatin is mainly used due to its unique characteristics such as binding, emulsification, stabilization, and gelling. Due to the increasing disposable income and the growing consciousness among people about healthy and nutritious diet, the demand for processed food and energy drinks is growing; which in turn, is stimulating the growth of gelatin as a supplement.
High demand from applications such as cosmetics and, food and beverage, is driving the growth of the gelatin market in countries such as Italy, France, Germany, and Spain. Moreover, the up surging demand from pharmaceutical industry is anticipated to influence the gelatin market in Asia-Pacific. In 2014, the gelatin market was led by Europe, due to the booming food and beverages and pharmaceutical industries, and developments from research organizations in the nutritional products category. In 2014, North America was the second largest market in the global gelatin industry after Europe.
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Sterling Biotech Ltd., Weishardt Holding SA, Norland Products Inc., Rousselot S.A.S., Nitta-Gelatin, and Catalent Inc. are some of the competitors thriving in the global gelatin market.
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