Global Gelatin Market to Expand at 6.75% CAGR because of Greater Application Scope in Various End-use Industries.

A recently released report by Transparency Market Research (TMR) forecasts that the global gelatin market will expand at a CAGR of 6.75% from 2012 to 2018. TMR, a market intelligence firm, states that the global gelatin market, which in 2011 had a production capacity of 348.9 kilo tons, is estimated to reach a production capacity of 450.7 kilo tons by 2018. The report, titled ‘Gelatin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018’, is available for sale on the company website.

According to this research study, heightened healthcare awareness, a growing geriatric population, and widening application scope in areas such as nutraceuticals, pharmaceuticals, and food and beverages are the main factors driving the global gelatin market. Gelatin is a translucent, water soluble, colorless, and a brittle substance having a high molecular weight. It is derived from collagen found in animals such as fish, sheep, pigs, and other bovines. With a composition of 8%-12% water, 2%-4% mineral salts, and 85%-90% proteins, gelatin is a semi-solid gel that is viscous. The edible type of gelatin is devoid of preservatives and additives. While the edible variety is the most commonly applied one, the non-edible variety has limited application and is mainly applied in the area of photography and the cosmetics industry.

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This TMR report segments the global gelatin market on the basis of raw materials, application, and geography. On the basis of raw materials, this market is categorized into bones, bovine hides, pig skin, and others. With a share exceeding 42%, the pig skin segment holds the highest share of the global gelatin market. One of the main factors driving this segment is the large amount of collagen found in pig skin. Bovine hides and bones are raw materials that are used extensively in the global gelatin market, and both these segments taken together account for more than 55% of the overall gelatin market. The bone segment is anticipated to expand robustly in the years to come since large quantities of collagen are found in the bones of cows and pigs.

Based on applications, the global gelatin market is segmented into cosmetics, photography, pharmaceuticals, nutraceuticals, food and beverages, and others. Maximum demand for gelatin comes from the nutraceuticals and the food segment because of the surging demand for high protein and low fat foods. Much of the demand for such foods comes from the health conscious consumer segment.

Geographically, this research report segments the global gelatin market into Europe, Asia Pacific, North America, and Rest of the World. In 2011, Europe held the largest share of this market and in terms of global production, it held a share exceeding 40% of the global market. France and Germany proved to be the largest consumers of gelatin in the global market, with a cumulative share of more than 50% of the total consumption of gelatin in Europe. Owing to better infrastructure and government support, China is anticipated to be a dominant regional player in the global gelatin market during the forecast period.

The prominent companies operating in the global gelatin market are Weishardt Group, Sterling Gelatin, Roxlor LLC., Rousselot S.A.S., PB Gelatins, Norland Products Inc., Nitta Gelatin Inc., Gelita AG., Catalent Pharma Solutions, and Capsugel Inc.

Global gelatin market - Application analysis

Food & beverage
Nutraceuticals
Pharmaceuticals
Photography
Cosmetics
Others (industrial, medical, matchstick and paintball)

Global gelatin market - Raw material analysis

Pig skin
Bovine hides
Bones (pig and cow)
Others (fish skin and sheep skin)

Global gelatin market - Regional analysis

North America
U.S.
Canada
Europe
Germany
France
Belgium
U.K
Asia Pacific
China
Japan
India
Rest of the World (RoW)

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This release was published on openPR.