Global Gelatin Market Driven by the Increasing Application in Food and Beverages Sector

Food and Beverages Leading the Global Gelatin Market

Gelatin finds its application in several industries. Gelatin is a brittle, translucent, and colorless substance that has high molecular weight. This substance is a rich source of protein and is derived from collagen found in animals such as pigs, bovines, sheep, and fish. This is a viscous semi-solid gel-like substance. The general composition of gelatin is 85-90% protein, 8-12% water, and 2-4% mineral salts. Edible gelatin is the most commonly available form of gelatin that does not contain any preservatives or additives. The non-edible variety of gelatin is mostly used to manufacture cosmetic products.

Gelatin finds application in food and beverages, photography, nutraceuticals, cosmetics, pharmaceuticals, and other sectors such as medical, matchstick, industrial, and paintball. The increasing application of gelatin in these industries is driving the global gelatin market greatly. The largest application segment of gelatin is food and beverages. This segment held over 28% of the market share. Gelatin is progressively used in food and beverages sector due to the rising demand for low fat, high protein food among health conscious consumers. The second leading application segment of gelatin is nutraceuticals, which held over 25% of the market share.

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Pig Skin is the Most Used Raw Material in Production of Gelatin

The global gelatin market according to raw materials is divided into these main sectors: Pig skin, bones (pig and cow), bovine hides, and others (sheep skin and fish skin). Pig skin is the most suitable material for production of gelatin on a large scale, as pig skin contains huge quantities of collagen. The pig skin segment in the global gelatin market contributed more than 42% of the market. However, the bovine hides sector together with the bones segment accounted for a greater share of 55% in the global gelatin market. The bones of cows and pigs contain huge amount of collagen. It is anticipated that the segment of bones (cows and pigs) will grow at the highest CAGR during the forecast period of 2012-2018.

Highly Concentrated Nature of the Global Gelatin Market

Volume-wise, the global gelatin market demonstrated a total output capacity of 348.9 kilo tons in 2011 and is projected to reach a production capacity of 450.7 kilo tons by end of 2018. The global gelatin market is predicted to grow at a CAGR of 6.75% during the forecast period from 2012 to 2018.

The global gelatin market is highly concentrated by nature. The top five leading companies in the global gelatin market accounted for a massive 70% of the market in 2011. The leading manufacturer of gelatin in 2011 was Rousselot S.A.S. and it held more than 26% of the market in terms of volume.

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The two other major manufactures of gelatin after Rousselot S.A.S. in 2011 were PB Gelatin and Gelita AG. These two companies together accounted for over 34% of the gelatin market share. These two companies are leading the market due to the excellent after sales service they offer to their consumers. Other key players operating in the global gelatin market are Weishardt Group, Sterling Gelatin, Norland Products, Nitta Gelatin, Capsugel, and Catalent Pharma Solutions.

Geographically, Europe leads the market. It accounted for over 40% of the gelatin market in 2011, followed by North America. China is likely display the fastest growth in the global gelatin market in the forthcoming years.

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