Gelatin Market Outlook 2023-2028, Industry Share, Size, Leading Companies Analysis, Growth Strategies and Forecast

IMARC Group, a leading market research company, has recently releases report titled "Gelatin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global gelatin market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the gelatin market?

• Market Size in 2022: US$ 521.8 Billion
• Market Forecast in 2028: US$ 827.6 Billion
• Growth rate (2023 to 2028): CAGR of 7.78%
• Base Year of the Analysis: 2022
• Forecast Period: 2023-2028

What is gelatin?

Gelatin is a protein substance that is translucent and tasteless and is derived from collagen, found in the connective tissues of animals like pigs, cows, and chickens. It consists of amino acids, including glycine and proline, essential for many bodily functions. It is used in various food, pharmaceutical, and industrial applications. In the food industry, gelatin is commonly utilized as a gelling agent in candies, desserts, and jellies. It is also used as a stabilizer in whipped and ice cream products. It is also a good source of protein, containing about 6 grams of protein per tablespoon.

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What are the growth prospects and trends in the gelatin industry?

The global market is majorly driven by the increasing demand for halal and kosher gelatin. In line with this, the rising popularity of low-fat and low-calorie food products is significantly contributing to the market growth. Furthermore, the growing demand for gelatin in the pharmaceutical industry as a capsule and coating material for medication is positively influencing the market. Apart from this, the widespread utilization of the product in many cosmetic products due to its unique properties, such as emulsifying, gelling, and film-forming capabilities, is catalyzing the market. Moreover, the escalating demand for nutraceutical products is propelling the market. Besides, the rapid product use as a coating material in photographic films and papers is strengthening the market. Additionally, the rising demand for gelatin in the pet food industry and the growing demand for organic and natural products are providing a boost to the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Raw Material Insights:

• Pig Skin
• Bovine Hides
• Bones
• Others

End Use Insights:

• Food and Beverages
• Nutraceuticals
• Pharmaceuticals
• Photography
• Cosmetics
• Others

Regional Insights:

• Europe
• North America
• Asia
• South America
• Others

Who are the key players operating in the industry?

The report covers the major market players including:

• Gelita AG (Formerly DGF Stoess)
• Rousselot SAS
• PB Gelatin (Tessenderlo Group)
• Sterling Biotech Ltd
• Weishardt Group
• Nitta Gelatin

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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Contact Us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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