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Gelatin Market Growth Analysis and Demand By major key Players 2021: Gelita, PB Gelatins, Italgelatine, Lapi Gelatine, Great Lakes Gelatin, Junca Gelatins, Trobas Gelatine, Weishardt Holding SA, Sterling Biotech Ltd., Rousselot S.A.S., Norland Products In
Gelatin Market Overview:Gelatin is collagen found in swine, fish, sheep and cattle and is a solid source of protein. Gelatin contains 85-90% protein, 8-12% water and 2-4% mineral salts. The edible variety of gelatin is the most used because it contains no additives or preservatives. The cosmetic and photographic segments use the inedible form of gelatin. Gelatin has a similar texture to a semi-solid gel with a significant amount of thickness. The use of gelatin in 3D printing of human organs and tissues is another important factor in the growth of the global gelatin market.
The Global Gelatin Market Size Was Valued USD 2663 Million in the year 2013 and USD 2971 Million in the year 2016 and this value predicted to grow USD 3610 Million by the end of 2021 witnessing a CAGR of 3.72% growth rate during the forecast period.
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Drivers and Restraints:
The religious sentiments of the population towards the source of gelatin, which includes the ban on gelatin by the vegetarian population, hinder their growth in the market. Raw materials such as hides, bones and skins of cattle are used in the manufacture of gelatin. The skin and bones of fish and sheep are also involved in the extraction of their raw materials. The low production cost, associated with the unprocessed manufacturing cycle, is mainly responsible for the extraordinary use of pork skin in the manufacture of gelatin. Pig skin gelatin is used as a stabilizer, thickener, binder, capsule and texturizing agent. The second raw materials widely used for the manufacture of gelatin are the bones.
Geographical Segmentation:
Based on geography, the Global Gelatin Market is segmented into Europe, Asia Pacific, North America, Latin America, and Middle East and Africa regions. The strong demand for applications such as cosmetics and food and beverages is driving the growth of the gelatin market in countries such as Italy, France, Germany and Spain. In addition, growing demand from the pharmaceutical industry is expected to influence the gelatin market in Asia-Pacific. The gelatin market was dominated by Europe, due to the growth of the pharmaceutical and beverage and food industries, and the development of research organizations in the category of nutritional products. North America was the world's second largest market for gelatin after Europe in the previous years.
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Key Players in Global Gelatin Market:
Gelita, PB Gelatins, Italgelatine, Lapi Gelatine, Great Lakes Gelatin, Junca Gelatins, Trobas Gelatine, Weishardt Holding SA, Sterling Biotech Ltd., Rousselot S.A.S., Norland Products Inc., Catalent Inc., and Nitta-Gelatin among many others.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.
The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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