Gelatin Market

Gelatin Market Size:

The global gelatin market size reached 464,410 Tons in 2023. Looking forward, IMARC Group expects the market to reach 526,920 Tons by 2032, exhibiting a growth rate (CAGR) of 1.37% during 2024-2032. The market is experiencing steady growth driven by the growing consumer demand for natural and clean-label ingredients, the pharmaceutical and nutraceutical sectors' expansion, due to increased health awareness, and continuous technological advancements in manufacturing processes.

Gelatin Market Analysis:

• Major Market Drivers: The global gelatin market is driven by the increasing demand in the food and beverage industry mainly due to its versatile properties as gelling agents, stabilizers, and thickeners affecting the expansion in pharmaceutical and nutraceutical industries, improvements in rehabilitation and personal care services
• Key Market Trends: One of the major gelatin market trends includes the increasing consumer preference for cleaner labels and natural ingredients in food and beverages, thus increasing the demand for gelatin. Another trend is the increasing health benefits of functional foods and beverages, leading to further use of gelatin.
• Geographical Trends: North America and Europe are key markets due to the well-established food, pharmaceutical, and cosmetic industries, as well as the growing markets in Asia Pacific where consumers are more eco-conscious Urban growth, spending increased, increased health and well-being -and experiencing accelerated growth due to awareness
• Competitive Landscape: According to the gelatin market research report, the market is highly competitive, with key players focusing on new products and expansion strategies to gain market share Companies invest in R&D to improve product quality and meet changing consumer demands in nature and functional content management.
• Challenges and Opportunities: The biggest challenge in the gelatin market is fluctuating raw material prices and concerns about animal sources, which can affect the cost of production and consumer acceptability. On the contrary, opportunities include the development of alternative sources of gelatin, such as plant-based or synthetic. catering to a growing vegetarian and vegan population.
   

Gelatin Market Trends:

Increasing demand in the food and beverage industry

The gelatin’s gelling, stabilizing, and thickening properties are leading to its extensive applications in food and beverages, thereby bolstering gelatin market trends across this realm. It is widely applied in confectionery, dairy goods, desserts, and meat products. Therefore, this is significantly supporting the gelatin market revenue. Along with this, the expanding number of shoppers settling on items with spotless and natural ingredients has, as such, advanced the utilization of gelatin that is sourced from natural sources including animal bones and connective tissues. Moreover, the popularity of various types of functional foods including protein-rich and low-fat products is contributing towards the use of gelatin, and a more active use of gelatin is observed from gelatin stead extract. In an effort to cater to these demands, manufacturers are integrating gelatin into products to offer better texture, mouthfeel, and enhanced nutritional value, which in turn is driving the growth of the market.

Rapid expansion in the pharmaceutical and nutraceutical sectors

Pharmaceutical, nutraceutical, and allied industries are the major consumption areas for gelatin enumerable, fostering the growth of the gelatin market. According to a market research report, the global nutraceuticals market size reached US$ 468.5 Billion in 2023. MARC Group expects the market to reach US$ 856.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.7% during 2024-2032. Thus, this is also propelling the gelatin market growth, in addition, the biocompatibility, non-immunogenicity, and great film-forming properties of gelatin are advantageous for a wide range of pharmaceutical uses such as capsule shells, tablet binders, and wound dressings. Apart from this, the rising incidence of chronic diseases and an aging population are accelerating demand for pharmaceuticals and, accordingly, gelatin-based products. Growing consumer preferences for health and wellness are driving the demand for gelatin in a myriad of food and nutraceutical products, particularly dietary supplements, and applications such as soft gel capsules and other delivery formats in the nutraceutical market. Moreover, increasing inclination towards the adoption of preventive healthcare and the growing consumption of dietary supplements also support the market expansion.

Considerable growth in the cosmetics and personal care industry

According to the gelatin market analysis, another crucial factor supplementing the gelatin market is the cosmetics and personal care industry. In this sector, gelatin is adapted for being film-forming, and able to hold onto moisture, which is why it is also known as a hydrolysate, mainly used as an ingredient in skincare, haircare, and cosmetic products. Along with this, gelatin is considered a natural alternative to synthetic ingredients with increasing consumer inclination toward natural and sustainable beauty products. Furthermore, the wave of the "clean beauty" trend requiring gelatin-free formulations for cosmetics is enhancing the consumption rate of gelatin in personal care. With the safety-efficacy duo, the pharma and cosmetic-textile industry as well as nutraceuticals are providing impetus to the growth prospects of gelatin and thereby accelerating gelatin market size.

Gelatin Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global gelatin market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on raw material and end use.

Breakup by Raw Material:

• Pig Skin
• Bovine Hides
• Bones
• Others
   

Pig skin accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the gelatin market based on the raw material. This includes pig skin, bovine hides, bones, and others. According to the report, pig skin represented the largest segment.

The high collagen content in pig skin as well as the easy availability of pig skin makes it the largest raw material segment of the gelatin market. Pig skin gelatin also has the benefits of better gel strength, clearness, and an array of applications such as food, pharmaceuticals, and cosmetics. By the effective extraction process and more affordable production costs most remarkably in comparison to bovine hides or fish, it certainly reigns supreme. It is further in line with the growing demand from consumers for natural, functional ingredients, heightening its attraction in the food and beverage industry. Additionally, the use of pig skin gelatin in confectionery products, meat processing, and dairy products as a gelling agent, emulsifier, and stabilizer is fueling the demand for this segment. Also, advancements in processing technologies have enhanced pig skin gelatin quality and its functional properties which have further fueled the growth of the pig skin gelatin market. According to the gelatin market forecast, the pig skin segment is the most prominent segment under the product category and is retaining its position as the market advances further, driven by additional benefits such as continuous development and the growing inclination of consumers towards natural pig skin.

Breakup by End Use:

• Food and Beverages
• Nutraceuticals
• Pharmaceuticals
• Photography
• Cosmetics
• Others
   

Food and beverages hold the largest share of the industry

A detailed breakup and analysis of the gelatin market based on the end use has also been provided in the report. This includes food and beverages, nutraceuticals, pharmaceuticals, photography, cosmetics, and others. According to the report, food and beverages accounted for the largest market share.

The food and beverage sector stands as the dominant end-use segment in the gelatin market, impelled by the multifunctional properties of gelatin in enhancing texture, stability, and mouthfeel in a plethora of products. Gelatin is used for the preparation of gelled foods in many applications such as confectionery, dairy products, desserts, and meat products to function as a gelling agent, stabilizer, thickener, or emulsifier. Additionally, the escalating requirement for clean-label and natural products makes it much more attractive as it is sourced from naturally occurring pig skin, bovine hides, and fish. In addition, the gelatin market insights that the demand for gelatin is further enhanced due to rising consumer inclination towards the intake of healthy products including functional foods and beverages containing protein content and low-fat products. Advances in food processing and formulation have enabled gelatin to be more widely used in new applications including protein bars, and other healthy snacks. Besides, gelatin helps enhance the sensory properties of food items such as texture and appearance, which is vital for food product producers to stay competitive in the market in terms of meeting consumer requirements. The dominance of food and beverages in the gelatin market is growing as health-conscious consumers continue to look for healthy and natural food alternatives, fostered by continuously changing product development and consumer trends.

Breakup by Region:

• Europe
• North America
• Asia
• South America
• Others
   

Europe leads the market, accounting for the largest gelatin market share

The report has also provided a comprehensive analysis of all the major regional markets, which include Europe, North America, Asia, South America, and others. According to the report, Europe represents the largest regional market for gelatin.

With naturality and functionality shaping the trends in the market, Europe has the largest gelatin market share due to innovation and the rising consumer preference for quality products. Along with this, the European market is equipped with state-of-the-art processing technologies and high quality and safety regulations, assuring that the standard in gelatin production in this market is higher compared to other markets. In addition, a strict regulatory landscape in the region presents the opportunity to use natural and clean-label ingredients, which is in line with the prevailing consumer tendency for health wellness and sustainability. Apart from this, major producers of gelatin operate in Germany, France, and the Netherlands where the increased application grades are in demand. Rapidly increasing consumption of gelatin in confectionery, dairy, and meat processing industries in Europe, due to a greater desire among European consumers for improved texture and functionality in food and beverage products. Furthermore, the pharmaceutical industry is also a lucrative source of revenue for the market, as gelatin is used to produce capsules and other medical gear for its superior biocompatibility and safety.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the gelatin industry include

• Gelita AG (Formerly DGF Stoess)
• Rousselot SAS
• PB Gelatin (Tessenderlo Group)
• Sterling Biotech Ltd
• Weishardt Group
• Nitta Gelatin
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

The global gelatin market is fiercely competitive and major companies are vying to gain a competitive edge through product innovation, strategic partnerships, and expansion of their production capacities to cater to the rising demand worldwide. Along with this, companies such as Gelita AG, Rousselot, and PB Leiner are also engaged in R&D activities that will improve the functional properties and overall applications of gelatin. They recently announced a new venture to create custom gelatin solutions for the expanding nutraceutical and pharmaceutical industries. In addition, industry constants are entering into mergers & acquisitions to bolster their market presence and benefit from new technology. Apart from this, companies are improving their manufacturing and production to further hold their standing in the market cater to the growing demands of customers from diverse end-use industries and create a positive gelatin market outlook.

Gelatin Market News:

• May 01, 2024: Nitta Gelatin India Ltd (NGIL), a joint venture between Nitta Gelatin Inc., Japan, and Kerala State Industrial Development Corporation Ltd (KSIDC) commenced work on a Rs 60 crore expansion project in Kerala. The bhumi pooja for NGIL Collagen Peptide expansion project was conducted at the NGIL factory at Kakkanad, Kochi.
• December 18, 2023: Gelatin regional expert Gelita unveiled its Easyseal gelatin offering that claims to reduce soft gel leakers by up to 95%, which further offers less waste and reduced production costs.

Gelatin Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the gelatin market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global gelatin market.
• The study maps the leading, as well as the fastest-growing, regional markets.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the gelatin industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.