Press release
Gelatin Market Poised for Strong Growth, Expected to Reach USD 6.45 Billion by 2030 with 6.5 Percentage CAGR
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ size was valued at USD 4.15 Billion in 2023 and the total Gelatin Marketrevenue is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 6.45 Billion.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Gelatin Market is experiencing steady growth, driven by its versatility across various industries such as food, pharmaceuticals, and cosmetics. It plays a crucial role in the creation of a wide array of products, including gummy candies, desserts, and capsules. As consumers increasingly demand plant-based and clean-label products, the market is adjusting with a shift towards more sustainable alternatives. Additionally, growing health awareness has spurred demand for gelatin's functional benefits, such as supporting joint health and improving skin elasticity. This trend, combined with emerging market demand, indicates a positive outlook for the gelatin market's expansion.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/34412/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ:
The gelatin market's growth is largely fueled by its widespread use in the food and beverage industry, particularly for its role in texture enhancement and stabilization. As demand for processed and convenience foods rises, so does the need for gelatin. In the pharmaceutical sector, gelatin's use in drug delivery systems such as capsules and soft gels continues to drive market growth. Furthermore, consumer interest in the health benefits of gelatin, particularly its role in supporting joints, skin, and digestion, is a significant driver. The increasing use of gelatin in cosmetics, specifically for anti-aging and skincare applications, is also boosting market demand.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The gelatin market is seeing a marked trend toward plant-based alternatives as more consumers adopt vegan and vegetarian lifestyles. This shift has led to the development of gelatin substitutes derived from agar-agar, pectin, and other plant-based sources. Additionally, consumers are becoming more environmentally conscious, which has spurred the demand for sustainable and clean-label gelatin products. Another key trend is the growing popularity of gelatin in the cosmetics industry, where it is used in skin care products for its anti-aging and moisturizing properties. Lastly, there is a noticeable increase in gelatin demand from emerging markets, particularly in the Asia Pacific region, where growth in the food and pharmaceutical sectors is accelerating.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/34412/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is seeing a rise in gelatin demand due to the increasing popularity of health-conscious products. The country's pharmaceutical industry is expanding, leading to a higher demand for gelatin-based capsules. Additionally, investments in food processing are expected to boost the gelatin sector's growth.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's gelatin market is benefitting from the increasing use of gelatin in the food & beverage industry. The rise of the snack and confectionery markets has spurred demand for gelatin products, particularly in gummy candy production. The country is also witnessing local gelatin producers enhancing their offerings.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's gelatin market is undergoing consolidation, as large players such as ๐๐ข๐ญ๐ญ๐ ๐๐๐ฅ๐๐ญ๐ข๐ง and ๐๐จ๐ฅ๐ฅ๐๐ ๐๐ง ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ are acquiring smaller companies to expand their product portfolios. This trend is strengthening Japan's position in the global gelatin supply chain, especially in pharmaceutical and cosmetic applications.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea has seen a surge in demand for gelatin in dietary supplements, particularly collagen-based products. This aligns with growing consumer interest in wellness and skin care, presenting significant growth opportunities for both local and international gelatin producers.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's gelatin market is evolving with the advent of more sustainable production methods. Companies like ๐๐๐ฅ๐ข๐ญ๐ ๐๐ are focusing on eco-friendly gelatin production, appealing to the growing demand for sustainable ingredients in food and health products.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The U.S. remains one of the largest markets for gelatin due to its extensive use in pharmaceuticals, food & beverages, and cosmetics. The demand for gelatin-based products, particularly in the pharmaceutical industry, continues to rise as the aging population seeks collagen-based solutions.
๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's gelatin market is marked by high demand for gelatin in the confectionery industry, especially gummy products. The market is also influenced by increasing consumer preferences for plant-based and halal gelatin alternatives. Companies are innovating to offer these alternatives, boosting market growth.
๐๐๐ฒ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ
The gelatin industry has seen significant mergers and acquisitions in recent years. For instance, ๐๐จ๐ฅ๐ฅ๐๐ ๐๐ง ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ recently acquired ๐๐๐ฅ๐ข๐ญ๐'๐ฌ collagen manufacturing facility, expanding its global reach. Similarly, ๐๐๐ซ๐ซ๐ฒ ๐๐ซ๐จ๐ฎ๐ฉ acquired ๐๐๐ซ๐ ๐ข๐ฅ๐ฅ'๐ฌ ๐ ๐๐ฅ๐๐ญ๐ข๐ง ๐๐ข๐ฏ๐ข๐ฌ๐ข๐จ๐ง, strengthening its position in the Asian market.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/34412/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ:
by Type
Type A
Type B
by Function
Thickener
Stabilizer
Gelling Agent
Other
by Source
Porcine
Bovine Skin
Bovine Bone
Fish & Poultry
Agar-Agar
Carrageenan
by Application
Food and Beverages
Pharmaceuticals
Health and Nutrition
Cosmetic and Personal
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ฅ๐๐ญ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
North America
1. Darling Ingredients Inc
2. Great Lakes Gelatin Company
3. Jellatech
Europe
4. Ewald-Gelatine GmbH,
5. ITALGEL S.p.A
6. Jellice Pioneer Private Limited
7. Lapi Gelatine Spa,
8. Weishardt Holding Corporation
APAC
9. Foodchem International Corporation
10. Geltech Co., Ltd
11. Henan Boom Gelatin Co.,Ltd
12. India Gelatine
13. C.J. Gelatine
14. Narmada Gelatines
15. Jellice Pioneer Private Limited
16. Luohe Wulong Gelatin Co. Ltd
17. Nitta Gelatin Incorporation
18. Shanghai Al-Amin Biotechnology Co., Ltd
19. Nitta Gelatin
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-gelatin-market/34412/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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