Bovine Gelatin Market Size - By Type (Acid Cured, Alkaline Cured) By Form (Powder, Granules, Sheets, Tablet) By Application (Food and Beverages, Pharmaceuticals, Cosmetics, Photography, Others (Adhesives)) & Forecast, 2024 – 2032

Bovine Gelatin Market Size - By Type (Acid Cured, Alkaline Cured) By Form (Powder, Granules, Sheets, Tablet) By Application (Food and Beverages, Pharmaceuticals, Cosmetics, Photography, Others (Adhesives)) & Forecast, 2024 – 2032

Bovine Gelatin Market size is set to record over 3.8% CAGR from 2024 to 2032 due to the rising demand for collagen-based products along with the growing acquisition and investment activities. Lately, developments are expanding the production and applications of bovine gelatin in various sectors including pharmaceuticals, food, and cosmetics.

In addition, companies are investing in advanced processing technologies and seeking strategic acquisitions to enhance production capabilities and meet the growing end-user demands. For instance, in March 2023, Darling Ingredients Inc., a global leader in converting food waste into sustainable products and renewable energy, bought Gelnex, a major producer of gelatin and collagen products for enhancing its capabilities in bovine gelatin production.

The industry is segmented into type, form, application, and region.

Bovine gelatin market share from the alkaline cured type segment will record a substantial growth rate between 2024 and 2032, driven by the rising need to improve the quality and functionality of gelatin products. Alkaline cured gelatin undergoes an alkaline treatment process to enhance its properties for making it more suitable for various applications. Ongoing research is further optimizing the curing process to achieve better gel strength, clarity, and stability to meet the evolving consumer needs and industry demands.

In terms of application, the bovine gelatin market from the pharmaceutical segment is anticipated to witness significant CAGR from 2024-2032, fueled by increasing role in drug formulation and delivery. Rapid developments are optimizing the product use in capsules, tablets, and other dosage forms to render biocompatibility and gelling properties. Researchers are also working on improving the performance of gelatin to ensure that it meets the stringent requirements of pharmaceutical applications, such as advancing pharmaceutical technologies and enhancing therapeutic efficacy.

Asia Pacific bovine gelatin industry size will record significant CAGR through 2032, on account of the growth of the cosmetic sector and the rising pet food consumption. Of late, advancements are leveraging bovine gelatin for various cosmetic applications including skincare products and pharmaceuticals to offer beneficial properties. Consequently, the pet food sector is widely using gelatin for its nutritional benefits and texture-enhancing qualities, further complementing the product uptake.