Global Gelatine Market Report and Forecast 2023-2028

Global Gelatine Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global gelatine market reached a value of USD 2675.68 million in 2022. Aided by the increased demand for pharmaceuticals, nutraceuticals, and food and beverage applications, the market is projected to grow at a CAGR of 6.6% between 2023 and 2028, reaching a value of USD 3882.20 million by 2028.

Gelatine is a flavourless, tasteless, and colourless protein made from collagen, which is present in connective tissues, bones, and the skin of animals. It is widely utilised in a variety of industries, including food and beverage, pharmaceuticals, nutraceuticals, and cosmetics, as a gelling agent, stabiliser, and thickener. The global gelatine market is influenced by factors such as the growing health-conscious population, increasing demand for functional and fortified food products, and the expanding applications of gelatine in pharmaceuticals and nutraceuticals.

Consumers are shifting to low-calorie and fat-free food options as awareness of health complications of obesity, diabetes, and other conditions associated to poor diets increases. Gelatine is a crucial ingredient when making low-fat or reduced-fat meals and can be used in to partially replace the high fat content in selected products because of its capacity to create an oil-in-water emulsion. It is frequently used to create a fat-like flavour and texture in low-fat dairy products like yoghurt, ice cream, and buttermilk, which is further propelling the global gelatine market growth.

The rise in demand for gelatine in pharmaceutical and nutraceutical applications is primarily due to its ability to improve the bioavailability of active ingredients and provide sustained-release properties. Additionally, the growth of the food and beverage industry and the increasing consumption of convenience foods have further propelled the gelatine market growth. Gelatine is widely used in confectionery, dairy products, and meat products due to its versatile functional properties and the growing demand for clean-label and natural ingredients.

The global gelatine market is also witnessing growth due to the increasing demand for gelatine in the cosmetics and personal care industry. Gelatine is used as a natural ingredient in various skincare and haircare products, owing to its moisturizing, film-forming, and emulsifying properties. The growing consumer preference for clean and natural beauty products is expected to fuel the demand for gelatine in the cosmetics and personal care industry during the forecast period, supporting the gelatine market growth.

Market Segmentation

The market can be divided based on raw material, end use, and region.

Market Breakup by Raw Material

• Pig Skin
• Bovine Hides
• Bone
• Others

Market Breakup by End Use

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

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global gelatine companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Gelita AG.
• Weishardt
• Nitta Gelatin, NA Inc
• Rousselot
• PB Leiner
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.