The global Gelatin Market size is expected to reach USD 13.14 billion by 2030, registering at a CAGR of 10.1% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the growing inclusion of gelatin in functional as well as convenience food products around the world.
Gelatin is majorly used in food and beverage
products, along with its application in healthcare, cosmetics, and many other
applications. The increasing product demand from food & beverage sector for
functional food & beverages application is projected to drive the market.
In addition, the demand for immunity booster supplements saw a sharp rise after
the outbreak of the COVID-19 pandemic. This trend is expected to continue and
thus likely to positively impact the market positively for functional food over the forecast period.
The future development of the market is highly
characterized by the increasing use of the product for encapsulating
pharmaceuticals and nutraceuticals. Moreover, rising demand for nutraceuticals
to address health issues, such as deficiency of essential minerals and
vitamins, is expected to augment the market progress over the forecast period.
Due to the disruption of supply chains after the
outburst of the COVID-19 pandemic, there was a shortage of raw materials which
are used in the production of gelatin, which impacted the profitability of
small-scale and large-scale manufacturers across the globe at the beginning of
2020. However, food & beverage industry being essential, witnessed a
positive market growth across regions, and thus positively impacting the market
growth.
Related Press Release@ Gelatin Market Report
List of Key Players of Gelatin Market
- 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
Gelatin Market Report Highlights
- Marine source witnessed the fastest growth rate of 11.1%, owing to
the increasing popularity of marine, especially fish sourced products, as
an alternative to traditional bovine and porcine based products due to the
high concentrations of amino acids and protein in it
- Food & beverages application dominated the market with the
highest revenue share of 56.7% in 2023, due to the growing awareness among
consumers regarding healthy and nutritious diets coupled with increasing
disposable income, which is expected to augment the demand for energy
drinks and processed foods, which, in turn, is expected to fuel the demand
for gelatin as a supplement in food & beverages application
- The use of gelatin in various functional beverages witnessed a high
growth rate of 11.2%, owing to the increasing consumption of functional
beverage products globally coupled with the vast product applicability in
these beverages
- Gelling agent function witnessed the fastest growth of approximately
10.6%, on the account of increasing demand for food-containing gelling
agents such as gelatin desserts, aspic, trifles, marshmallows, candy corn,
peeps, fruit snacks, gummy bears and jelly bellies among consumers
globally
- Asia pacific region of the global market witnessed the highest
growth of more than 10.9%, this is attributable to the presence of
numerous product manufacturers coupled with the availability of raw
materials on a large scale
Gelatin Market Segmentation
Grand View Research has segmented the global gelatin
market report based on source, function, type, application, and region:
Gelatin Source Outlook (Revenue, USD Million; Volume,
Kilotons; 2018 - 2030)
- Animal Source
- Bovine
- Porcine
- Poultry
- Marine
- Others
- Plant Source
- Agar-Agar
- Carrageenan
- Locust Bean Gum
- Others
Gelatin Function Outlook (Revenue, USD Million; Volume,
Kilotons; 2018 - 2030)
- Stabilizer
- Thickener
- Gelling Agent
- Others
Gelatin Type Outlook (Revenue, USD Million; Volume,
Kilotons; 2018 - 2030)
- Type A
- Type B
Gelatin Application Outlook (Revenue, USD Million;
Volume, Kilotons; 2018 - 2030)
- Food & Beverages
- Functional Foods
- Meat Processing
- Functional Beverages
- Dietary Supplements
- Confectionery
- Desserts
- Healthcare
- Cosmetics
- Others
Gelatin Regional Outlook (Revenue, USD Million; Volume,
Kilotons; 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Portugal
- The Netherlands
- Switzerland
- Poland
- Asia Pacific
- China
- Japan
- India
- Indonesia
- Vietnam
- Thailand
- Philippines
- Australia
- New Zealand
- Latin America
- Brazil
- Mexico
- Ecuador
- Peru
- Bolivia
- Chile
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- Turkey
- UAE
- Qatar
- Israel
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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