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Gelatin Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

03-18-2024 05:39 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Gelatin Market Growth Factors, Segmentation, Trends,

As per the study initiated by Evolve Business Intelligence, the global Gelatin Market size accounted for USD 6.54 Billion in 2023, growing at a CAGR of 10.01% from 2023 to 2033. Gelatin is a translucent, colorless, brittle, and flavorless solid substance, derived from collagen found in animal skin, bones, and connective tissues. It is commonly used in food products, pharmaceuticals, cosmetics, and photography. When dissolved in hot water and cooled, gelatin forms a gel-like substance with a wide range of applications, including as a thickening agent, stabilizer, or gelling agent in various food products such as desserts, candies, marshmallows, and gelatin-based snacks. Additionally, gelatin is utilized in pharmaceuticals for encapsulating medications and in cosmetics for its binding and emulsifying properties.

The Gelatin market is primarily driven by its widespread use in food and beverage industries for its gelling, thickening, and stabilizing properties, alongside the rising demand for convenience foods globally. Additionally, the pharmaceutical and nutraceutical sectors contribute significantly to market growth due to the increasing utilization of gelatin in capsule shells and dietary supplements.

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Key Highlights:
• The global Gelatin Market size was valued at USD 6.54 billion in 2023 growing at a CAGR of 10.01% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Gelatin Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major Gelatin Market players holding high market shares include PB Leiner, STERLING GELATIN, Weishardt Holding SA, Junca Gelatines SL, and Nitta Gelatin, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• GELITA AG
• Rousselot
• PB Leiner
• STERLING GELATIN
• Weishardt Holding SA
• Junca Gelatines SL
• Nitta Gelatin, Inc.
• PAN Biotech GmbH
• Shanghai Al-Amin Biotechnology Co., Ltd.
• Tessenderlo Group

Segmental Analysis
Market Segment By Source
• Animal Source
• Plant Source
Market Segment By Function
• Stabilizer
• Thickener
• Gelling Agent
• Others
Market Segment By Type
• Type A
• Type B
Market Segment By Application
• Food & Beverages
• Healthcare
• Cosmetics
• Others

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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