Global Gelatin Market - 2023-2030

Global Gelatin Market - 2023-2030

The Global Gelatin Market size reached US$ 2.6 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 4.4 billion by 2030. The market is growing at a CAGR of 6.5% during the forecast period 2023-2030.

The Global gelatin market is growing in the forecast period due to an increase in the applications of gelatin in various foods for functionalities such as gelling, foaming, film-forming, thickening, water-binding, emulsifying, stabilizing and fining. There is an increasing global demand for collagen supplements derived from gelatin, as consumers seek products to support joint health, improve skin condition and promote overall wellness.

The gelatin market has seen several trends in recent years, driven by changing consumer preferences, technological advancements and increasing awareness of sustainability and health and wellness concerns.

Market Dynamics

Increasing Application of Gelatin Driving Market Growth

Some of the main drivers of the gelatin market include rising demand for fast food and functional food, rising health consciousness and application in a variety of industries like pharmaceuticals and cosmetics. Due to its distinctive behavior characteristics, gelatin is increasingly being used in culinary, medicinal and nutritional solutions, which will further boost sales.

Demand is projected to increase as gelatin-based biomedical products that improve hair texture and quality become more and more popular.

The Growing Demand of Gelatin for Collagen Supplements in the Health and Wellness Industry

The growing demand for collagen supplements in the health and wellness industry. Collagen, which is a protein found in skin, bones and connective tissue, is closely related to gelatin and can be derived from similar sources. Many people believe that collagen supplements can help improve skin health, joint health and other aspects of wellness, which has led to increased demand for these products. The demand for collagen supplements has been driven by a growing interest in natural and alternative health products, as well as an aging population looking for ways to support their joint and bone health. Collagen supplements can be found in various forms, including powders, capsules and drinks; and are often marketed as an easy and convenient way to boost collagen levels in the body.

COVID-19 Impact Analysis

The pandemic has caused disruptions in the supply chain for gelatin. The closure of factories, transport restrictions, and other logistical challenges have resulted in delays in getting gelatin to market. This has led to shortages in some areas and price increases in others. The pandemic has led to changes in consumer behavior, with many people focusing on health and wellness products.

This has led to increased demand for collagen supplements and other gelatin-based health products. The pandemic has also led to shifts in food and beverage consumption, with many people opting for more packaged foods and snacks. Gelatin is a key ingredient in many of these products, which has led to increased demand in some areas.

Segment Analysis

The global gelatin market is segmented based on type, application and region.

Increase in the Applictions of Bone Gelatin

Gelatin have been segmented by source as skin gelatin, bone gelatin and halal gelatin.

Bone gelatin is used in a variety of culinary applications, such as soups, stews and sauces, as it adds flavor and texture to dishes. It is often used as a natural thickener and can help create a smooth and creamy texture in desserts like panna cotta or custards.

Bone gelatin is rich in amino acids, including glycine, proline and hydroxyproline, which are important building blocks for the body's connective tissue, such as skin, bones and cartilage.

As a result, it has gained popularity as a health supplement and is often marketed as a way to support joint health, improve skin elasticity and boost overall wellness.

Geographical Analysis

Increasing consumption of gelatin in Europe

By region, the global gelatin market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and America.

The market in Europe is characterized by the presence of stringent regulations established by the European Commission. The use of premium-quality collagen for the production of bone and tissue reconstruction patches is expected to drive the market growth of gelatin over the forecast period. The regional demand is driven by the consumption of gelatin-based products such as cosmetics, food products, rejuvenation beverages and pharmaceutical products.

In addition, the rising demand for gelatin in the production of casings for meat is expected to drive market growth over the forecast period. Some of the major key players launched new products in the market which helps to boost market growth over the forecast year. For instance, On 23 March 2023, Gelita, a German-based company launched fast-setting gelatin which is used in starch-free gummy manufacturing.

Competitive Landscape

The major global players include Gelita, Rousselot, PB Gelatins, Nitta Gelatin, Weishardt Group, Sterling Gelatin, Ewald Gelatine, Italgelatine, Darling Ingredients Inc., and Dongbao Bio-Tec.

Why Purchase the Report?
• To visualize the global gelatin market segmentation based on type, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of gelatin market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Gelatin Market Report Would Provide Approximately 53 Tables, 44 Figures and 195 Pages.

Target Audience 2023
• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies