Global Gelatin Market to 2030: Increasing Demand For Pharmaceutical & Nutraceutical Products Drives Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Gelatin Market Size, Share & Trends Analysis Report by Source (Bovine, Porcine), by Function (Stabilizer, Thickener), by Application (Food & Beverages), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global gelatin market size is expected to reach USD 13.14 billion by 2030. The market is anticipated to expand at a CAGR of 9.5% from 2022 to 2030.

Companies Mentioned

• 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

The growth is majorly driven by the rising usage of gelatin in functional as well as convenience food products around the world.

Gelatin is majorly used in food and beverage, healthcare products, cosmetics, and many other products. The increasing product demand from the food & beverage sector in functional food & beverages is projected to drive the growth of the industry.

In addition, the demand for immunity booster supplements witnessed a sharp rise after the outbreak of the COVID-19 pandemic. This trend is expected to continue and thus likely to positively impact the growth of the functional food industry over the forecast period.

The market's future development is highly characterized by the increasing use of the product for encapsulating pharmaceuticals and nutraceuticals. Moreover, the rising demand for nutraceuticals to address health issues, such as deficiency of essential minerals and vitamins, is expected to augment the progress of the gelatin industry over the forecast period.

Due to the disruption of supply chains after the COVID-19 pandemic at the beginning of 2020, there was a shortage of raw materials used in the production of gelatin, which impacted the profitability of small-scale and large-scale manufacturers across the globe.

However, the food & beverage industry, being essential, witnessed positive growth across regions, and thus positively impacted the growth of the gelatin industry.

Gelatin Market Report Highlights

• Marine source is expected to witness the fastest CAGR of 10.5%, 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
• The food & beverages application is expected to witness the fastest CAGR of 9.8%, 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
• The use of gelatin in various functional beverages is anticipated to register a high CAGR of 10.6%, 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 CAGR of approximately 10.00%, 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 is anticipated to witness the highest growth rate of more than 10.30%, attributed to the presence of numerous product manufacturers coupled with the availability of raw materials on a large scale

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Gelatin Derivatives Market: Variables, Trends & Scope

3.1 Market Lineage Outlook

3.2 Industry Growth Prospect Mapping, 2018 - 2030

3.3 Industry Value Chain Analysis

3.4 Regulatory & Policy Landscape

3.5 Price Trend Analysis, 2018 - 2030

3.6 Impact of the COVID-19 Pandemic

3.7 Impact of European Geopolitical Conflict

3.8 Market Dynamics

3.8.1 Market Driver Analysis

3.8.1.1 Growing Demand For Convenience Food

3.8.1.2 Increasing Demand For Pharmaceutical & Nutraceutical Products

3.8.2 Market restraint analysis

3.8.2.1 Threat of Substitute Products

3.8.3 Industry Challenges

3.8.4 Market Opportunity Analysis

3.9 Business Environment Analysis: Food Grade Magnesium Derivatives Market

Chapter 4 Gelatin Market: Source Estimates & Trend Analysis

4.1 Gelatin source movement analysis & market share, 2021 & 2030

4.2 Gelatin market size & forecasts and trend analysis by Source, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5 Gelatin Market: Function Estimates & Trend Analysis

5.1 Gelatin function movement analysis & market share, 2021 & 2030

5.2 Gelatin market size & forecasts and trend analysis by Function, 2018 - 2030 (Kilotons) (USD Million)

Chapter 6 Gelatin Market: Application Estimates & Trend Analysis

6.1 Gelatin application movement analysis & market share, 2021 & 2030

6.2 Gelatin market size & forecasts and trend analysis by Application, 2018 - 2030 (Kilotons) (USD Million)

Chapter 7 Gelatin Market: Regional Estimates & Trend Analysis

Chapter 8 Competitive Landscape

8.1 Competitive Environment

8.2 Company Market Share Analysis, 2021

8.3 Vendor Landscape

8.4 Strategy Framework

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/s0j3fv

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