Gelatin and Gelatin Derivatives Market Analysis, Forecast, and Assessment 2020
Rising living standards is key reason for the growth of gelatin and its derivatives’ market globally. The growing end-user markets including food and beverage, pharmaceuticals and cosmeceuticals are increasing demand for gelatin and its derivatives. Food and beverages are the largest end-user segments in the gelatin and gelatin derivatives market. Growing demand for functional food is escalating the gelatin and gelatin derivatives market. Ageing population in some countries such as Japan is another factor driving the gelatin and gelatin derivatives market due to increase in demand for gelatin coated drugs. The manufacturing of gelatin and its derivatives have to meet certain regulatory norms in each global region.
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However, certain factors are restraining the gelatin and its dervatives’ market including consumer concerns related to the safety and social aspects of dead animal body products. The outbreak of BSE (Bovine Spongiform Encephalopathy) poses threat for the companies on account of reducing profit margins due to rising raw material prices. Europe has been the most BSE-affected region in the recent past. The increasing trend of gelatin-free encapsulation wherein the substitutes are replacing gelatin and its derivatives, are emerging as a serious concern for this market. For instance, soluble fibers are used widely in confectionaries in place of gelatin and gelatin derivatives.
Europe dominates the global gelatin and gelatin derivatives market, followed by North America. Some of the key companies in the gelatin and gelatin derivatives market include Capsugel, Catalent Pharma Solutions, Gelita AG, Gelnex and Nitta Gelatin.
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Key points covered in the report
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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