Global Gelatin Substitutes Market Growth 2023-2029

Global Gelatin Substitutes Market Growth 2023-2029

The global Gelatin Substitutes market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Gelatin substitutes as ingredients are increasingly used in food items such as marshmallows, jellies, jams, cakes, custard, glazes, gummy bears, fruit syrups, flan, icing, and baking dough. One of the most widely used gelatin substitutes, powder agar, has more applications in the commercial food industry while strip agar has traditionally been used only in domestic cooking. Therefore, the rising incorporation of the product in food & beverage applications is expected to positively impact the industry’s growth. Increasing product penetration in the pharmaceutical sector is anticipated to be a major growth driver of the overall market growth. The rising prevalence of noncommunicable diseases, the growing aging population, and chronic disorders are expected to fuel the growth of the pharmaceutical sector, resulting in increased product consumption in the application thereby promoting market growth during the estimated timeframe.

Gelatin is an animal by-product sourced from animal hooves, bones, cartilages, and other parts of abattoir meat leftovers. As such, it's not appropriate for anyone whose diet excludes animal derived products or products from animals killed for consumption. It is possible to find plant based substitutes that can mimic gelatin in a variety of dishes.

LPI (LP Information)' newest research report, the “Gelatin Substitutes Industry Forecast” looks at past sales and reviews total world Gelatin Substitutes sales in 2022, providing a comprehensive analysis by region and market sector of projected Gelatin Substitutes sales for 2023 through 2029. With Gelatin Substitutes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gelatin Substitutes industry.

This Insight Report provides a comprehensive analysis of the global Gelatin Substitutes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gelatin Substitutes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gelatin Substitutes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gelatin Substitutes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gelatin Substitutes.

This report presents a comprehensive overview, market shares, and growth opportunities of Gelatin Substitutes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Agar-Agar
Pectin
Cornstarch
Others

Segmentation by application
Food & Beverage
Pharmaceutical & Nutraceutical
Personal Care & Cosmetics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AGARMEX, S.A.
AF Suter
B&V Srl
Brova Limited
Cargill, Incorporated
Great American Spice Company
GELITA AG
Java Biocolloid
Niblack Foods, Inc.
Special Ingredients Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gelatin Substitutes market?

What factors are driving Gelatin Substitutes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gelatin Substitutes market opportunities vary by end market size?

How does Gelatin Substitutes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.