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Global Gelatin Market is expected to grow at a CAGR of 14.3% during the forecast period from 2019-2025

01-31-2020 02:36 PM CET | Science & Education

Press release from: Fior Markets

Global Gelatin Market 2019, Global Gelatin Market Growth, Global Gelatin Market Trends and Analysis, Global Gelatin Market

Global Gelatin Market 2019, Global Gelatin Market Growth, Global Gelatin Market Trends and Analysis, Global Gelatin Market

As per the report published by Fior Markets, The global gelatin market is expected to grow from USD 2,309.2 Million in 2017 to USD 4,379.3 Million by 2025 at a CAGR of 14.3% during the forecast period from 2018-2025. TheEurope region is dominating region because of the demand for nutritional and functional food & beverage products along with the rising pharmaceutical industry. Moreover, the plentiful availability of raw materials as well as the presence of key gelatin manufacturing contributes to the growth of the gelatin market in the region

Global Gelatin Market by Type (Type A, Type B), Function (Stabilizing, Thickening, Gelling), Source (Porcine, Bovine Skin, Bovine Bone, Fish & Poultry), Application, Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.

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Prominent companies in the industry include are GelitaUsa Inc., Dongbao, Sterling, EversourceGelatin, Foodchem International Corporationamong others. Leaders are providingbetter opportunities and continuously focused on new product developments and venture capital investments to capture market share.For instance, in May2018, Darling Ingredients (US) completed the acquisition of Kruger Commodities, Inc. (US) which helped the company to expand its production business for protein blending operations and cooking oil collecting business.

Type segment is divided into segments such as a type A and type B. The type A segment is dominating the market and valued around USD 1,424.77 Million.The type Agelatin is used as food grade gelatin. The demand of gelatin in sports drinks is rising rapidlydue to its high protein and low-fat content.The source segment includes porcine, bovine skin, bovine bone and fish & poultry. The porcine segment is dominating the market with the highest share 38.90% in 2017. Pigskin is rich in collagen proteins as they are considered to be more constant in comparison with gelatin from other sources. Most of the gelatin is sourced from animal tissues, as it contains a high amount of collagen.The application segment includes food, pharmaceuticals and others. The food segment is dominating the Gelatin market and valued with USD 1,094.56 Million in 2017. Gelatin is a rich source of protein used in functional & nutritional food & beverage products. The growing demand for nutritional food & beverages has been stimulating the demand for gelatin.The function segment is classified into bloom value, thickener, stabilizer, gelling agent and others. The thickener segment is dominating with the highest share of 63.10% in 2017. Gelatin is hydrolyzate of collagen, it is a non-fat high-protein without cholesterol, and it is a natural nutritional food thickener.

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Expanding demand for naturally sourced ingredientsis a major factor driving the market. In addition, increasing significance of microencapsulation in pharmaceutical applications due to its control release of active ingredients and targeted drug delivery and high intake of protein rich diet is providing an impetus to the growth of the gelatin marketare two factors fuelling the growth of market.However, severe competition from gelatin alternativesmay obstruct the growth of market. Nevertheless, deployment of gelatin in fortified confectionery and sports nutrition productsmay boost the market in forthcoming years

Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com),who will ensure that you get a report that suits your needs.

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Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.

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