South Korea Gelatin Market Overview, 2028

South Korea Gelatin Market Overview, 2028

Gelatin has been used in South Korea for several decades, primarily in the food and pharmaceutical industries. The country has a strong tradition of using natural ingredients in food and medicine, and gelatin has become an important ingredient in many Korean dishes and traditional medicines. Historically, gelatin was produced in South Korea by boiling animal bones and skins, a process that has been used for centuries to extract collagen from animal tissue. However, in recent years, gelatin production in South Korea has become more advanced and modernized, with the use of new technologies and equipment to extract gelatin from animal sources. Today, South Korea is a major producer and exporter of gelatin products, with several local companies manufacturing high-quality gelatin for various applications. The country's gelatin industry is supported by a strong network of research institutions and universities, which work closely with local companies to develop new and innovative gelatin products. In addition to food and pharmaceutical applications, gelatin is also widely used in South Korea's cosmetics industry, where it is a popular ingredient in skincare and beauty products. The country's cosmetics industry is known for its innovative use of natural ingredients, and gelatin is seen as a key ingredient that can help improve the quality and effectiveness of skincare products.

According to the research report ""South Korea gelatin Market Overview, 2028,"" published by Bonafide Research, the South Korea gelatin market is expected to add USD 156 million by 2028. As the industrial use of gelatin continue to increase in the South Korea, Gelatin consumption will rise as well, and it varies by industry. Gelatin is used as a thickening ingredient, gelling agent, stabilizing agent, and other things in a variety of industries, including pharmaceutical, FMCG, beverages, and cosmetics (adhesion, texturizer, emulsifying agent). Increase in pharmaceutical, Nutraceuticals & FMCG production will increase usage thickening ingredient, gelling agent, stabilizing agent. Netherlands is importer of cosmetics products & majority of cosmetics are imported. During pandemic & post pandemic Pharmaceutical, Nutraceuticals consumption is at peak & FMCG consumption was highest during pandemic, Moreover South Korea is one of the leading food producers so use of gelatin in food processing can lead to exponential growth of gelatin.

In South Korea, gelatin has a wide range of applications across different industries, including food, pharmaceuticals, and cosmetics. Gelatin is widely used in the food industry as a gelling agent, stabilizer, and emulsifier in a variety of products such as confectionery, dairy products, and meat products. Gelatin is also commonly used in the preparation of traditional Korean dishes such as Korean beef tartare and dumplings. Gelatin is used in the pharmaceutical industry as a coating and encapsulating agent for drug delivery. It is also used in the production of capsules, tablets, and other pharmaceutical products. Gelatin is used in the cosmetics industry for its moisturizing, skin-healing, and anti-aging properties. It is a popular ingredient in skincare products such as face masks, moisturizers, and serums. While the food industry is a significant user of gelatin in South Korea, the market is not dominated by the food industry alone. Gelatin is also widely used in the pharmaceutical and cosmetics industries, and there is a growing demand for gelatin products in these sectors. The gelatin market in South Korea is competitive, with several local companies manufacturing high-quality gelatin products for different applications.

There are government regulations in South Korea regarding the usage of gelatin. The use of gelatin in food, pharmaceutical, and cosmetic products is regulated by the Ministry of Food and Drug Safety (MFDS). The MFDS sets standards and regulations for the quality, safety, and labeling of gelatin products, in order to protect the health and safety of consumers. In the food industry, gelatin is regulated under the Korean Food Code, which sets standards for the use of gelatin as a food additive. The code sets maximum limits for the amount of gelatin that can be added to food products, and also specifies the requirements for labeling gelatin as an ingredient. In the pharmaceutical industry, gelatin is regulated under the Korean Pharmaceutical Affairs Act, which sets standards for the quality and safety of gelatin used in pharmaceutical products. The act requires manufacturers to obtain approval from the MFDS before using gelatin in pharmaceutical products, and also sets standards for the labeling and packaging of these products. In the cosmetics industry, gelatin is regulated under the Korean Cosmetics Act, which sets standards for the quality, safety, and labeling of cosmetic products. The act requires manufacturers to obtain approval from the MFDS before using gelatin in cosmetic products, and also sets standards for the labeling and advertising of these products. Overall, the government regulations in South Korea ensure that gelatin products are safe and of high quality, and help to protect consumers from potential health hazards associated with the use of these products.

South Korea has several companies that manufacture gelatin products. Some of the major gelatin manufacturers in South Korea include Taiyo Holdings Co., Ltd., Korea Gelatin Co., Ltd., and Sammi Gelatin Co., Ltd. These companies produce a wide range of gelatin products for use in food, pharmaceutical, and cosmetic applications, both for domestic use and for export to other countries. The South Korean gelatin industry is highly competitive, with companies investing in research and development to improve the quality and functionality of their gelatin products, and to meet the changing needs of their customers.

Considered in this report
• Geography: South Korea
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• South Korea gelatin market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Type A
• Type B

By end user:
• Meat processing
• Pharma & Healthcare
• FMCG & beverages
• Cosmetics
• Photography
• Others

By source
• Bovine
• Porcine
• Poultry & others
• Plant based

By Application
• Stabilizing agent
• Gelling agent
• Thickening agent
• Others (binder, texturizer, emulsifier).

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the gelatin, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.