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Growing Demand For Functional and Convenience
Food & Beverage Products Drive the Market For Gelatin
The report "Gelatin Market by Source (Porcine, Bovine Skin, Bovine Bone,
Fish & Poultry), Application (Food, Pharmaceuticals & Healthcare), Type (Type
A, Type B), Function (Stabilizing, Thickening, Gelling), and Region - Global
Forecast to 2023" The gelatin market is projected to grow from USD 2.6 billion in
2018 to USD 3.6 billion by 2023, at a CAGR of 6.6% during the forecast period. The
wider application scope, multiple functionalities, and clean-label claim are
eventually driving the global gelatin market growth. With the rising health
consciousness among consumers and demand for “free-from” food products, the
market of gelatin is expected to rise. There has also been an increasing demand for
gelatin from the nutraceutical and sports nutrition segment due to its high protein
content.
116 -Tables
40 - Figures
176 – Pages
Europe accounted for the largest share of the gelatin market. The
dominance in this region is attributed to the high demand for nutritional and
functional food & beverage products along with the growing
pharmaceutical industry. Moreover, the abundant availability of raw
materials as well as the presence of key gelatin manufacturing contributes
to the growth of the gelatin market in the region.
Major vendors in the gelatin market include Gelita (Germany), Nitta Gelatin
(Japan), Tessenderlo Group (Belgium), Darling Ingredients (US),
Weishardt (France), Trobas Gelatine (Netherlands), India Gelatine &
Chemicals (India), Lapi Gelatine (Italy), Junca Gelatines (Spain), Sterling
Biotech Group (India), Italgelatine (Italy), and Gelnex (Brazil).
Scope of the Report
On the basis of source, the gelatin market has been segmented as
follows:
• Porcine
• Bovine skin
• Bovine bone
• Fish & poultry
• North America
• Europe
• Asia Pacific
• RoW (South America, Africa, and the Middle East)
On the basis of application, the gelatin market has been
segmented as follows:
• Food
• Bakery & confectionery
• Nutritional products
• Beverage
• Dairy products
• Meat products
• Other food products
• Pharmaceuticals & healthcare
• Others (Cosmetics & photography)
On the basis of type, the gelatin market has been
segmented as follows (qualitative):
• Type A
• Type B
• Thickening
• Gelling
• Stabilizing
• Others (emulsifier, binding agent, fat replacer, and coating
agent)
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