Press release
Gelatin Market Future Aspect Analysis and Current Trends by 2023-2032
The global gelatin market is projected to reach USD 5.1 billion by 2028 growing at a CAGR of 6.6% from 2023 to 2028.Gelatin, often called gelatine, is a permanently hydrolyzed form of collagen that is frequently used as a gelling agent in a range of goods, including food, medicine, paper, cosmetics, and others. It is a concoction of peptides and proteins derived from collagen that has been removed from animal tissues like skin, bones, and skin tissue.
There are also other amino acids such proline, glycine, glutamic acid, alanine, arginine, and aspartic acid. The ingredient's increasing demand is a result of its unique binding, emulsifying, cleansing, stabilising, and viscosity properties. In the meat processing industry, it is a binding and coating agent.
Glutamic acid, which is present in the ingredient, aids in digestion and keeps the stomach lining healthy. Additionally, it aids in calcium absorption, which keeps bones strong and prevents their degeneration. People consume gelatin to reduce their risk of developing osteoporosis, a condition that weakens and brittles bones. Glycine helps reduce type 2 diabetes. The rising prevalence of type 2 diabetes in the world has increased the demand for it. For instance, as per the National Institute of Health, Type 2 diabetes affects an estimated 462 million people worldwide, or 6.28 percent of the total population.
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As a result of the epidemic, consumer demand for health and nutrition goods increased. The quick impact of COVID-19 increased consumer interest in wellness and immunity-boosting products, which benefited the industry. The growing demand for a range of immunity-boosting items, such as nutritional supplements, is one of the key growth factors causing the surge in demand. The economic downturn, social distance laws established by the government, and a shortage of raw materials have all affected the manufacture of gelatin, which has hampered the growth of the global gelatin market. However, since the pandemic, there has been an increase in demand for wholesome and nutrient-dense processed foods, which raises the need for the gelatin market for the anticipated timeframe.
A report on gelatin market research is the outcome of a thorough inquiry into pertinent and helpful facts. The data that was evaluated considered both current top competitors and possible new rivals. The commercial tactics of the top firms as well as the ideas of potential new competitors are carefully analysed. This research investigation includes contact information, a revenue breakdown, and a SWOT analysis that is clearly described. Additionally, it provides data on the development and potential of the market.
The study looks closely at a number of factors that influence the market's growth trajectory. The study also categorises the market restrictions that pose a threat to the world market for colour photographic gelatin. It provides market size, share, trends, and forecasts for significant segments and sub-segments while taking macro and micro environmental factors into account. This study is the result of a combination of primary and secondary research. Additionally, it evaluates the bargaining power of suppliers and buyers, the threat posed by new competitors and product replacements, and the degree of market competition.
Market Segmentation:
The global gelatin market is segmented by source, type, application, and region. Here's a breakdown of each segment:
By Source: The gelatin market is segmented into animal-based and plant-based sources. Animal-based gelatin is derived from collagen obtained from the bones, skin, and connective tissues of animals such as pigs, cows, and fish. Plant-based gelatin is derived from seaweed, mushrooms, and other plant sources.
By Type: The gelatin market is segmented into type A, type B, and type C. Type A gelatin is derived from acid-cured tissue and is widely used in the food industry. Type B gelatin is derived from lime-cured tissue and is widely used in the pharmaceutical industry. Type C gelatin is derived from the acid and alkali treatment of collagen and is used in the photographic industry.
By Application: The gelatin market is segmented into food and beverage, pharmaceuticals, nutraceuticals, personal care, and others. Gelatin is used as a gelling agent, stabilizer, thickener, and emulsifier in the food and beverage industry. In the pharmaceutical industry, gelatin is used as a coating agent, binder, and encapsulating agent. In the personal care industry, gelatin is used as a binding agent, thickener, and emulsifier.
By Region: The gelatin market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. As mentioned earlier, each region has its own drivers and growth opportunities for the gelatin market.
Overall, the global gelatin market is driven by the growing demand for gelatin in the food and beverage, pharmaceutical, and personal care industries. The market is also driven by the increasing popularity of protein-rich diets and clean label and natural ingredients.
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Competitive Landscape:
Some of the major players operating in the global gelatin market include:
Rousselot - Rousselot is one of the leading producers of gelatin and collagen peptides. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and cosmetics.
Gelita AG - Gelita AG is a leading producer of gelatin and collagen peptides. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and personal care.
Nitta Gelatin Inc. - Nitta Gelatin Inc. is a leading producer of gelatin and collagen peptides. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and cosmetics.
Darling Ingredients Inc. - Darling Ingredients Inc. is a global leader in sustainable food, feed, and fuel solutions. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and personal care.
Weishardt Group - Weishardt Group is a leading producer of gelatin and collagen peptides. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and cosmetics.
PB Gelatins - PB Gelatins is a leading producer of gelatin and collagen peptides. The company offers a wide range of gelatin products for various applications such as food and beverage, pharmaceuticals, and personal care.
Overall, these players are focused on expanding their product portfolio, enhancing their production capabilities, and entering into strategic partnerships and collaborations to strengthen their market position in the global gelatin market.
Global Color Photographic Gelatin Market research report offers:
Market definition of the global Color Photographic Gelatin market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
Extensive research on the competitive landscape of global Color Photographic Gelatin
Identification and analysis of micro and macro factors that are and will affect on the growth of the market.
A comprehensive list of key market players operating in the global Color Photographic Gelatin
Analysis of the different market segments such as type, size, applications, and end-users.
It offers a descriptive analysis of demand-supply chaining in the global Color Photographic Gelatin
Statistical analysis of some significant economics facts
Figures, charts, graphs, pictures to describe the market clearly.
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