Press release
Pharmaceutical Gelatin Market by Source (Pig Skin, Bovine Hides, Bones and Others), by Functions (Stabilizers, Thickeners, Gelling Agents and Others), and by Applications (Hard Capsules, Soft Capsules, Micro-encapsulation, Coating for Tablets and Absorbab
The global Pharmaceutical Gelatin Market boasts a total value of $1.1 billion in 2022 and is projected to register a growth rate of 5.5% to reach a value of $1.5 billion by 2027 during forecast period 2023-2032. In surgical operations, it is employed in absorbable film and sponge. The rise of the nutraceuticals and pharmaceutical industries, which produce medications using gelatin, rising consumer awareness of the consumption of nutrient-dense foods, and an ageing population are the main drivers of the industry. The high price of gelatin, which is heavily used in the outer coating of capsules, and the availability of replacement ingredients limit market expansion. Additionally, increased consumer awareness of food fortification with nutrients presents a growth opportunity for this industry in the future.Pharmaceutical Gelatin Market Analysis and Size
The market is expanding as a result of the growing use of gelatin in biomedical, intrinsic, and cosmetic applications as well as in wound dressing and wound healing, tissue engineering, gene therapy, implants, and bone substitutes. The potential of gelatin to prevent various diseases, enhance food quality, and safeguard food is expected to increase demand for gelatin in functional food applications and drive market expansion.
Market Definition
The pharmaceutical business uses gelatin as a raw material. Ingredients like fish oil are shielded from oxygen, light, contamination, and microbiological growth by gelatin capsules. It is a crucial ingredient utilised in the creation of film-coated and effervescent tablets, as well as hard and soft capsules. 90% of the gelatin used in pharmaceutical production is converted into commonly prescribed dose forms.
Scope of the Report
According to the report's purview, gelatin is a transparent, tasteless, and flavourless water-soluble protein made from collagen extracted from various animal body parts, including bones, skin, and so forth. Gelatin is a poly-ampholyte because it includes both cationic and anionic groups. Hard and soft gelatin capsules are often made with pharmaceutical grade gelatin. Making syrups, pills, and other products is another usage. The Pharmaceutical Gelatin Market is Segmented by Source (Porcine, Bovine, and Other Sources), Application (Capsules, Tablets, and Other Applications), and Geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). Additionally, the market study includes projected market estimates and trends for 17 different nations throughout the world's key geographic areas. The report provides the value for the aforementioned segments (in USD million).
The rising demand for edible gelatin and its distinctive properties across a variety of sectors is what largely fuels the global pharmaceutical gelatin market. In addition, the pharmaceutical gelatin market is expected to expand in the near future due to shifting trends and expanding innovations in the pharmaceutical and healthcare sectors. Another contributing factor that is anticipated to increase market size over the next few years is the rising demand for pharmaceutical gelatin in the food and snacking industries. The market is comprehensively evaluated in the study on the global pharmaceutical gelatin market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.
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Market Segmentations:
Global Pharmaceutical Gelatin Market: Major Players
Rousselot
Welshardt
HX Gelatin
Ital
PB
Dongbao Bio-tech
KindKnox
Gelita
Er-kang Pharma
Nittm
Global Pharmaceutical Gelatin Market: By Types
Pig Source
Bovine Source
Fish Source
Others
Global Pharmaceutical Gelatin Market: By Applications
Oral Use
External use
Global Pharmaceutical Gelatin Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Pharmaceutical Gelatin market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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COVID-19 Impact on Global Pharmaceutical Gelatin Market
The manufacture of gelatin and the supply chain are significantly impacted by COVID-19. The demand and supply chain for pharmaceutical capsules have been influenced by COVID-19, according to Lonza, a major player in the capsules market. However, gelatin has also become crucial in the COVID-19 treatment. For instance, according to a study published in May 2022 titled "Gelatin Stabilizes Nebulized Proteins in Pulmonary Drug Delivery against COVID-19," the addition of gelatin to the drug delivery significantly increases the fractions of active proteins after nebulization, stabilising the proteins and lowering the required dosage. Gelatin's numerous therapeutic benefits for COVID-19 patients will encourage more use of pharmaceutical gelatin.
Frequently Asked Questions
1. What is the study period of this market?
2. What is the growth rate of Global Pharmaceutical Gelatin Market?
3. Which region has highest growth rate in Global Pharmaceutical Gelatin Market?
4. Which region has largest share in Global Pharmaceutical Gelatin Market?
5. Who are the key players in Global Pharmaceutical Gelatin Market?
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