Gelatin Market is Anticipated to Hold Around 5.8% of Compound Annual Growth Rate (CAGR) from 2022-2032

The global gelatin market is set to observe growth at a CAGR of 5.8%, exceeding US$ 5,278.4 Mn by 2032.  Water as well as aqueous polyhydric alcohols are almost solely used as solvents in gelatin compositions for confectionery and dessert food products. Gelatin's protective colloid feature inhibits ice and sugar crystallization in milk products and frozen meals.

Increasing application of gelatin due to its viscosity qualities will propel the demand in the food & beverage industry. Gelatin prevents water separation in sour cream or cottage cheese, and is used in marshmallows to prevent sugar crystallization.

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It also maintains soft and flexible nature of marshmallow , enhancing the viscosity and stabilizing foam during the manufacturing process. According to the study, gelatin can be found in up to 1% of chewable tablets, crackers, and candy coatings.

Hence, the use of gelatin in the production of soft, chewy candies will increase the sales in the global gelatin market. Further, for reduced-fat margarine products, gelatin is used as an emulsifier and extender.

However, in the U.S., edible gelatin is most commonly used to make gelatin desserts at concentrations of 1.5-2.5%. Hence, gelatin is available pre-mixed with sugar and flavourings or unflavored gelatin packets for this purpose. As per FMI, type A gelatin is the most common type of edible gelatin, thereby, fueling the use in food & beverage industry.

Key Trends:

As of now, there is an ascent in the interest for wholesome food items and refreshments all over the planet. This, alongside the developing use of gelatin in bread shops and confectionaries as a thickening and gelling specialist, addresses one of the key elements driving the market. Also, there is an expansion in the use of gelatin for creating hard containers and softgels.

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This, combined with the rising buyer inclinations for clean name items, is supporting the development of the market. Furthermore, the extending uses of gelatin in paper and silver halide emulsion coatings are offering worthwhile learning experiences to key market players.

Other than this, as gelatin helps with battling wrinkles, supporting the digestion, and fortifying nails and hair, there is an expansion in the work of gelatin in beauty care products and individual consideration items. Moreover, gelatin is broadly used to produce healthful bars and protein drinks all over the planet, which is fortifying the development of the market.

Key Takeaways from Market Study

The gelatin market is estimated to expand at CAGRs of 5.8% over the forecast period
Europe gelatin market is expected to hold around 27% of value share in 2022.
Among the type segment of the gelatin market, type B will witness significant growth during the assessment period
North America is expected to dominate the gelatin market and is anticipated to grow with a CAGR of 5.2% over the forecasted period.
Porcine source is leading source segment, whereas food and beverages is leading end-use application segment.

Competitive Landscape.

Sterling Biotech Limited, Gelita AG, Darling Ingredients Inc., India Gelatine & Chemicals, Nitta Gelatin Inc., Tessenderlo Group, Sterling Gelatin, PB Gelatins GmbH, Junca Gelatines S.L, Trobas Gelatine BV, Weishardt Holding San are key players in gelatin market

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Gelatin Market by Category

By Type:

Type A
Type B

By Nature:

Conventional
Organic

By End-Use Application:

Protein Bars and Powder
Food & Beverage
Confectionery
Dairy Products
Meat & Poultry Products
Desserts
Beverage
Others
Personal Care
Pharmaceutical
Nutraceutical
Photography
Others

By Source:

Bovine
Porcine
Chicken
Marine

By Functionality:

Stabilizer
Thickener
Gelling Agent

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle east and Africa

Key Questions Answered in the Report

How big is the Gelatin Market?
What is the North America Gelatin Market Outlook?
At What Rate Will Gelatin Demand Grow in Europe?
Which Are the Key Countries Shaping the Gelatin Market?

Explore Other Reports from Food & Beverage:

Gelatin Substitute Market : https://www.futuremarketinsights.com/reports/gelatin-substitute-market

Bovine Gelatin Market : https://www.futuremarketinsights.com/reports/bovine-gelatin-market

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.