USD 6.08 billion
Gelatin Market Size, Share, Growth Analysis, By Type(Type A, Type B, Type AB, and other innovative formats), By Source(Bovine, Porcine, Fish, and Poultry), By Function(Stabilizer, Thickener, Gelling Agent, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2141 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
93
|Figures:
76
Gelatin Market Insights
Global Gelatin Market size was valued at USD 6.08 billion in 2022 and is poised to grow from USD 6.7 billion in 2023 to USD 14.5 billion by 2031, growing at a CAGR of 10.1% in the forecast period (2024-2031).
In recent years, the global Gelatin market has been changing demands by increasing consumer awareness regarding the health benefits of gelatin, particularly its role in promoting joint health and collagen formation, fostering its demand in the nutraceutical and pharmaceutical sectors. Additionally, the expanding food and beverage industry's use of gelatin as a gelling agent, stabilizer, and thickener is contributing to market growth. With a rising trend towards clean-label and natural ingredients, gelatin's versatility and wide application scope position it as a sought-after ingredient.
However, challenges such as the emergence of plant-based alternatives and sourcing concerns related to animal-derived gelatin may pose restraints. Geographically, the Asia-Pacific region, driven by increased industrial applications and a growing population, holds a significant share in the global gelatin market. As the market evolves, innovation in gelatin production methods and sustained efforts towards sustainable sourcing are likely to shape its future trajectory.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Type B
Fastest Growth
Type B
Growth Rate
10.1% CAGR
Global Gelatin Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Gelatin Market Segmental Analysis
The global Gelatin market is segmented into four major segments i.e. by Type, Source, Function, and region. Based on Type, it is divided into Type A, Type B, Type AB, and other innovative formats. Based on Source, it is bifurcated as Bovine, Porcine, Fish, and Poultry. Based on Distribution channel it is segregated into, Stabilizer, Thickener, Gelling Agent, and Others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
Analysis by Type
Type B gelatin, derived from porcine sources, is expected to dominate the market due to its wide applicability and versatility. It possesses excellent gelling properties and is suitable for various applications in the food, pharmaceutical, and cosmetic industries. Additionally, the demand for porcine-derived gelatin is often driven by cultural and religious preferences in certain regions, contributing to its dominance in the global market.
Type AB gelatin, a blend of both Type A and Type B, is anticipated to be the fastest growing type. This is due to its own set of traits, which provides a greater range of functionalities than individual types. Type AB gelatin has both strong gelling properties (similar to Type A) and outstanding film-forming ability (similar to Type B). The growing demand for multifunctional ingredients in many industries, such as food, medicines, and cosmetics, is expected to boost the expansion of Type AB gelatin.
Analysis by Source
Owing to its ubiquitous availability and low cost, bovine-derived gelatin is projected to dominate the market. As the cattle business generates a significant quantity of raw materials for gelatin manufacturing, producers choose bovine sources. Furthermore, bovine gelatin is adaptable and has numerous applications in the food and pharmaceutical industries, which contributes to its market domination.
The fastest expanding source is expected to be fish-derived gelatin. On account of its non-mammalian origin, fish gelatin is gaining traction as consumer preferences shift towards alternative and sustainable sources, making it acceptable for a wide range of dietary requirements. Concerns about religious and cultural prohibitions linked with bovine or porcine origins are likewise addressed by fish gelatin. Demand for fish gelatin is expected to rise as customers seek plant-based and alternative proteins.
Global Gelatin Market By Type
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Gelatin Market Regional Insights
Due to significant consumption in countries like China, India, and Japan, Asia Pacific is positioned to dominate the gelatin market. The leading position of the region is owing to the thriving food and pharmaceutical industries, as well as cultural preferences for gelatin-based goods in traditional meals. Furthermore, increased awareness of gelatin's health advantages in nutritional applications is driving up demand in the region.
North America is predicted to be the fastest-growing gelatin market area. The growing number of health-conscious consumers, together with the growing need for functional ingredients in the food and beverage industry, is driving and developing the market. Furthermore, the popularity of dietary supplements and the inclusion of gelatin into novel applications such as the manufacture of gums and sports nutrition products contribute to the region and its rapid growth. The growing popularity of clean labeling and natural products continues to drive demand for gelatin in North America.
Global Gelatin Market By Region
- Largest
- Fastest
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Gelatin Market Dynamics
Drivers
Increasing Consumer Awareness on Health and Wellness
- Consumers are becoming more aware of the health benefits of gelatin usage. Gelatin, being a rich source of collagen, is recognised for boosting joint health, skin elasticity, and hair strength, driving its demand in the nutraceutical and pharmaceutical sectors. Gelatin's numerous applications in the food and beverage industries as a gelling agent, stabiliser, and thickening contribute to its extensive use. Furthermore, the growing trend towards clean-label and natural components in the food industry drives up demand for gelatin.
Restraints
High Demand for Vegan Products Posing a Threat to Traditional Gelatin
- The rise of plant-based gelatin substitutes, fueled by rising demand for vegetarian and vegan goods, is one of the primary market barriers. Traditional gelatin made from animal sources is in danger due to this trend, as consumers look for alternatives that take sustainability and ethics into account. Furthermore, worries about where animal-derived gelatin comes from—including cultural and religious prohibitions—are impeding market growth.
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Gelatin Market Competitive Landscape
The competitive environment of the Gelatin market is dynamic and formed by a differing cluster of players competing for showcase share and advancement. Key industry members incorporate both built-up gelatin producers and unused participants centering on specialty applications. Vital activities, counting mergers, acquisitions, and organizations, are common procedures among advertisers to improve their item offerings and extend their market reach. The market is characterized by a persistent center on enquiry about and improvement, with companies endeavoring to improve and present modern details to meet advancing consumer requests, such as plant-based options and particular functionalities.
Top Player’s Company Profiles
- Darling Ingredients
- PB Gelatins
- Sterling Biotech
- Narmada Gelatines
- India Gelatine & Chemicals Ltd.
- Nippi
- Italgelatine
- Nutra Food Ingredients
- Asahi Gelatine Industrial Co.
- Gelnex
- Jellice Pioneer Private Limited
- Zint LLC
- Lapi Gelatine Spa
- Tessenderlo Group
- Bernard Jensen Products Inc.
- Trobas Gelatine BV
- Weishardt
Recent Developments
- March 2023: Darling Ingredients Inc. (NYSE: DAR), a global industry leader, a world pioneer in changing nourishment into feasible items and a major maker of renewable vitality, has completed its securing of Gelnex. Gelnex may be a major worldwide producer of gelatin and collagen items.
- September 2023: Bengaluru-based Strides Pharma Science will start spinning off its contract development and manufacturing (CDMO) and soft gelatin unit into a new company called OneSource and which is now known as Stelis Biopharma. The move is driven by OneSource's IPO in the next 12 to 15 months. The goal is to increase synergy and unlock the company's intrinsic value.
Gelatin Key Market Trends
- Rising Consumer Awareness and Recognized Health Benefits: The increasing adoption of gelatin in the pharmaceutical and nutraceutical industries, driven by its recognized health benefits, including joint health promotion and collagen formation. Another significant trend is the rising demand for clean-label and natural ingredients in the food and beverage sector, positioning gelatin as a versatile gelling agent, stabilizer, and thickener. With the surge in health-conscious consumer preferences, gelatin's applications in dietary supplements and functional foods are expanding.
Gelatin Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Gelatin market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The market is driven by increasing awareness of its health benefits, fueling demand in nutraceuticals. Its versatile applications in food, pharmaceuticals, and cosmetics are key drivers, while the emergence of plant-based alternatives poses a restraint. Bovine-sourced gelatin dominates, particularly in Asia-Pacific due to cultural preferences.
North America sees the fastest growth due to health-conscious consumers. Key trends include the rise of clean-label demands and innovative gelatin formulations to meet diverse industry needs, marking a dynamic and evolving market landscape.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.08 billion |
| Market size value in 2031 | USD 14.5 billion |
| Growth Rate | 10.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Gelatin Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Gelatin Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Gelatin Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Gelatin Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Gelatin Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Gelatin Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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