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Soaring Demand Set to Propel Bovine Gelatin Market to $3.79 Billion by 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Bovine Gelatin Market Through 2025?
There has been notable growth in the size of the bovine gelatin market in the past few years. The market, which was worth $2.66 billion in 2024, is predicted to increase to $2.86 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.7%. The impressive growth in the historic period is attributable to factors such as the escalating demand within the food industry, pharmaceutical sector expansion, increased utilization in nutraceuticals, rising favorability in bakery items, functional attributes in dairy products, use as an effective gelling agent, and the burgeoning developments in the meat processing industry.
What's the Projected Size of the Global Bovine Gelatin Market by 2029?
Anticipated to experience robust expansion in the coming years, the bovine gelatin market is projected to escalate to $3.8 billion by 2029, registering a compound annual growth rate (CAGR) of 7.3%. This projected growth within the forecast period can be linked to factors such as its rising demand in the confectionery sector, advent of gelatin-based snack innovations, its functional usage in functional food items, the growth of collagen supplements, environment-friendly sourcing methods, and its growing popularity in the pet food industry. The forecast period is also expected to see substantial trends including advancements in processing technology, progressive gelatin extraction techniques, personalized gelatin solutions, health and wellness movements, and research and innovation for unique applications.
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Top Growth Drivers in the Bovine Gelatin Industry: What's Accelerating the Market?
The escalating focus on wellness and health is projected to drive the expansion of the bovine gelatin market. Wellness and health signify not only the absence of illness but also an overall physical, mental, and social wellness. Individuals are increasingly prioritizing their overall wellbeing, taking steps like incorporating healthful food supplements derived from bovine gelatin into their daily regimen to maintain their health. For example, the Office for National Statistics, a statistics body based in the UK, reported in 2022 that UK healthcare expenditure hit approximately $354.88 billion (£283 billion) in the same year, which is a modest increase of 0.7% in comparison to its spending in 2021. Thus, the heightened focus on wellness and health is fuelling the growth of the bovine gelatin market.
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What Trends Will Shape the Bovine Gelatin Market Through 2029 and Beyond?
Leading firms in the bovine gelatin market are advancing technologies like endotoxin control to boost the safety and quality of their products. This ensures that the gelatin used for food and pharmaceutical purposes complies with stringent health standards and regulatory rules. Endotoxin control involves the steps employed to minimize or remove endotoxins, toxic substances produced by bacteria, in items to safeguard safety and adherence, primarily in pharmaceutical and medical uses. For example, in May 2022, Rousselot, a US firm that produces gelatin and collagen-based products, introduced Quali-Pure HGP 2000. This non-gelling variant of gelatin, widely acknowledged for its biocompatibility and biodegradability, is known to stabilize vaccine recipes and expedite the wound healing process by catalyzing cell, especially fibroblast, movement to the wound area.
What Are the Main Segments in the Bovine Gelatin Market?
The bovine gelatin market covered in this report is segmented -
1) By Type: Type A, Type B
2) By Form: Powder, Capsule And Tablets, Other Forms
3) By Nature: Conventional, Organic
4) By Distribution Channel: Business To Business, Business To Consumer, Super market Or Hyper market, Specialty Supplement Stores, Drug stores And Pharmacies, Online Stores
5) By End-Use Application: Protein Bars And Powder, Personal Care, Pharmaceutical, Nutraceutical, Other End Users
Subsegments:
1) By Type A: Acid-Treated Gelatin
2) By Type B: Alkali-Treated Gelatin
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Which Top Companies are Driving Growth in the Bovine Gelatin Market?
Major companies operating in the bovine gelatin market include Darling Ingredients Inc, Gelita AG, Nitta Gelatin Inc., Lapi Gelatine Spa, Tessenderlo Group, Trobas Gelatine B.V., Weishardt Holding SA, Gelnex Industria E Comercio Ltda, Merck Group, Luoyang Leston Import And Export Trading Co. Ltd, Nutra Food Ingredients LLC, Jellice Pioneer Europe B.V., Juncà Gelatines SL, Sterling Biotech Limited, PB Leiner, Rousselot Inc., Great Lakes Wellness, Kubon Gelatin Pte. Ltd., Zint LLC, Roxlor, Suheung, Ewald Gelatin GmbH, Geltech Co. Ltd., Biotechnology Co. Ltd., Italgelatine S.p.A., India Gelatine & Chemicals Ltd., Gelken Gelatin Co. Ltd., Narmada Gelatines Ltd.
Which Regions Will Dominate the Bovine Gelatin Market Through 2029?
Asia-Pacific was the largest region in the bovine gelatin market in 2024. The regions covered in the bovine gelatin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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