Pharmaceutical Grade Gelatin Market Will Generate Record Revenue by 2029

The pharmaceutical grade gelatin market is anticipated to grow at a substantial CAGR during the forecast period. Various companies such as Darling Ingredients, Nitta Gelatin India Ltd, and many more companies are focusing on strategies such as product launches, product approvals, and others. For instance, vaccine, to ensure the safety and effectiveness of the vaccine during storage and transport, gelatin derived from pork is used as a stabilizer which is a driving factor for the high demand for pharmaceutical grade gelatin in the present market. Strides Pharma Science limited company gets USFDA notice of discharge (NOD) to market Amantadine Hydrochloride capsules in America as of Feb 2022. In October 2019, Gelita AG (Germany) opened a modern gelatin production facility in Pingyang, China.

The unique functional capabilities of gelatin such as gelling, adhesion, coating, binding, and film building makes it highly advantageous for use in the pharmaceutical industry. Moreover, the properties of gelatin provide protection against environmental changes associated with oxygen or moisture, thereby increasing the shelf-life of these products. These superior functional properties of gelatin are a driver for the pharmaceutical gelatin market. In September 2019, Gelnex (Brazil) announced the planned construction o gelatin production facility in Paraguay and Indiana (US) to continue the expansion of its global presence.

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Application

· By Source

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Land- Darling Ingredients, Niita Gelatin India Ltd, Gelita, Tessenderlo Group, SAS Gelatines Weishardt, and others.

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Pharmaceutical Gelatin Market Segmentation

By Application

· Capsules

· Tablets

By Source

· Procine

· Bovine Skin

· Bovine Bone

· Poultry

· Others

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East & Africa

Company Profiles

· Lonza Group Ltd

· Trobas Gelatine BV

· India Gelatine and chemicals Ltd

· Norland products Inc

· SAS Gelatins Weishardt

· Nitta Gelatin India Ltd

· Sterling Gelatin

· Darling Ingredients

· Tessenderlo Group

· Lapi Galetin S.p.A

· Kenney & Ross Ltd

· Junca Gelatines

· Gelco International

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