Press release
Expanding Horizons: Global Pharmaceutical Gelatin Market Forecasted to Reach USD 4.9 Billion by 2029 with a 5.4% CAGR from 2023
02-10-2023: Pharmaceutical Gelatin Market Report Scope and Research MethodologyThe Global Pharmaceutical Gelatin Market Research Report provides a comprehensive analysis of this market. It delves into the properties and uses of gelatin in pharmaceuticals, including its origin from collagen in animal skin, bone, and tissue. Gelatin's applications in capsules, tablets, and more are explored, highlighting its benefits such as protecting active pharmaceutical ingredients (APIs) and enabling modified release. The report assesses the market's ability to meet consumer and production needs, making it an essential ingredient in the pharmaceutical industry.
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What are Pharmaceutical Gelatin Market Dynamics?
Rising Demand for Gelatin-based Medical Devices: Gelatin-based medical devices are gaining popularity due to their compatibility with the human body, natural breakdown, and versatility. These devices are used for wound dressings, stopping bleeding, and drug delivery, contributing to healthcare and patient recovery.
Increasing Use of Technology in Gelatin Production: The adoption of technology in gelatin production has led to efficiency improvements, cost reductions, and higher product quality. Automation and modern machinery offer precise control over the extraction and purification process, resulting in purer gelatin. Additionally, technology has enabled gelatin extraction from alternative sources, enhancing accessibility and sustainability.
Growing Demand for Vegan and Vegetarian Products: The rising demand for vegan and vegetarian products is driving the pharmaceutical gelatin market. To cater to this trend, the industry is exploring plant-based substitutes for traditional animal-derived gelatin. Plant-based gelling agents like agar-agar and carrageenan are gaining traction in pharmaceutical applications, creating opportunities for vegan-friendly medications and supplements.
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What is Pharmaceutical Gelatin Market Segmentation?
Source: The pharmaceutical gelatin market is segmented by source into Porcine, Bovine, Fish, Poultry, and others. In 2022, the porcine segment held the largest share due to its use in food, drugs, and supplements in the pharmaceutical industry. However, supply challenges related to porcine skin and bovine bones may impact pricing.
Pharmaceutical Gelatin Market Competitive Landscape: The pharmaceutical gelatin market is highly competitive, with key players including Gelita AG, Rousselot, Capsugel (now part of Lonza Group), and Nitta Gelatin Inc. These companies dominate the industry with extensive product portfolios and global reach. Emerging players like Weishardt Group and Sterling Gelatin are also making strides by offering specialized gelatin solutions and forming strategic partnerships with pharmaceutical manufacturers. Gelita AG, the global leader, has recently opened a Biotech Hub focused on developing new products and technologies. Additionally, Gelita AG launched a new line of pharmaceutical gelatin called GELITA® RXL, emphasizing improved stability and dissolution. These developments showcase the industry's commitment to innovation and finding new medical applications for gelatin.
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Who are Pharmaceutical Gelatin Market Key Players?
Gelita AG (Germany)
2. Rousselot (Irving, Texas)
3. Nitta Gelatin Inc (India)
4. PB Gelatins (China)
5. Weishardt Group (France)
6. Capsugel Belgium NV (Bornem, Belgium)
7. Sterling Gelatin (India)
8. India Gelatin & Chemicals Ltd (India)
9. Tessenderlo Group (Belgium)
10. Darling Ingredients Inc (Texas)
11. Junca Gelatins S.L (Spain)
12. Norland Products Inc (U.S)
13. Catalent Pharma Solutions (U.S)
14. Gelken Gelatin Co., Ltd (China)
15. Trobas Gelatin B.V (Netherlands)
16. Ewald-Gelatin GmbH (Germany)
17. Lapi Gelatin S.p.A.(Toscana)
18. Gelco SA (Colombia)
19. Qinghai Gelatin Company Ltd (China)
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Table of content for the Pharmaceutical Gelatin Market includes:
Part 01: Executive Summary
Part 02: Scope of the Pharmaceutical Gelatin Market Report
Part 03: Global Pharmaceutical Gelatin Market Landscape
Part 04: Global Pharmaceutical Gelatin Market Sizing
Part 05: Global Pharmaceutical Gelatin Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
North America: North America leads the pharmaceutical gelatin market, accounting for approximately 37% of the market share in 2022. The region's growth is driven by the increasing prevalence of chronic diseases and the presence of major key players in the market.
Europe: Europe is the second-largest market, accounting for around 28% of the market share in 2022. The demand for gelatin-based medical devices in countries like Germany, France, and Italy contributes to market growth.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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