Global Gelatin Market to Reach 1.1 Million Metric Tons by 2030
The global market for Gelatin estimated at 628.6 Thousand Metric Tons in the year 2023, is expected to reach 1.1 Million Metric Tons by 2030, growing at a CAGR of 8.5% over the analysis period 2023-2030. Food & Beverage Application, one of the segments analyzed in the report, is expected to record a 10.5% CAGR and reach 449.2 Thousand Metric Tons by the end of the analysis period. Growth in the Nutraceuticals Application segment is estimated at 7.3% CAGR over the analysis period.
The U.S. Market is Estimated at 143.5 Thousand Metric Tons While China is Forecast to Grow at 10.3% CAGR
The Gelatin market in the U.S. is estimated at 143.5 Thousand Metric Tons in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 151.2 Thousand Metric Tons by the year 2030 trailing a CAGR of 10.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.4% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.
Global Gelatin Market - Key Trends & Drivers Summarized
Gelatin is a versatile biopolymer derived from the partial hydrolysis of collagen, which is found in the connective tissues of animals. It is widely used in the food industry as a gelling agent, thickener, and stabilizer in products such as jellies, desserts, marshmallows, and gummy candies. Gelatin`s unique properties, including its ability to form thermally reversible gels and its excellent binding characteristics, make it an essential ingredient in many culinary applications. Beyond the food industry, gelatin is also utilized in pharmaceuticals, cosmetics, and photography, among others. In pharmaceuticals, it is used to make capsules and as a stabilizer for vaccines and other biologics. In cosmetics, gelatin serves as an ingredient in face masks and hair products, while in photography, it is used in the production of photographic films and papers.
Technological advancements and innovations in the production and application of gelatin have expanded its uses and improved its quality. Modern extraction techniques have enhanced the purity and consistency of gelatin, making it suitable for high-precision applications in pharmaceuticals and biotechnology. Innovations such as the development of fish-based gelatin provide alternatives for individuals with dietary restrictions related to pork or beef-derived gelatin. Furthermore, advancements in formulation have led to the creation of specialized gelatin products with tailored properties, such as increased strength or specific melting points, to meet the demands of various industrial applications. The ongoing research into plant-based and synthetic alternatives to gelatin aims to address ethical and allergenic concerns while expanding the functional properties of gelatin-like substances.
The growth in the gelatin market is driven by several factors, including increasing demand from the food and beverage industry, advancements in gelatin production technology, and expanding applications in pharmaceuticals and cosmetics. The rising popularity of convenience foods and confectioneries has significantly boosted the demand for gelatin as a key ingredient. Technological advancements in extraction and processing have improved the quality and functionality of gelatin, making it more versatile and appealing for various applications. Additionally, the growing pharmaceutical industry, with its need for capsule production and biopharmaceutical stabilization, has further propelled the demand for gelatin. The cosmetics industry`s focus on natural and effective ingredients has also contributed to market growth. The development of alternative gelatin sources and ongoing research into its applications continue to drive innovation and expansion in the gelatin market.
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