Gelatin Market
The Gelatin Market is projected to grow to $7.46 billion by 2031, with a CAGR of 7% from 2024 through 2031. This increase is driven by growing demand in food, pharmaceutical, and cosmetic applications.
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What Trends Will Shape the $7.46 Billion Gelatin Market by 2031?
Gelatin Market 2024-2031 According to the latest report by Meticulous Research , the gelatin market is projected to exceed $7.46 billion by 2031, growing at a CAGR of 7% during the forecast period 2024 2031. Key factors driving this growth include increased gelatin applications in pharmaceuticals, a surge in demand for functional and convenience foods, rising clean-label product trends, and athlete preferences for gelatin-based supplements. Despite these positive drivers, market growth is restrained by safety concerns and cultural limitations. However, opportunities for growth are significant in fortified confectionery and sports nutrition products. The market also faces challenges due to limited technology for gelatin extraction and processing. Current market trends emphasize health and wellness, along with medical and biomedical applications. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5941? Key Players Some of the prominent players in the gelatin market include Rousselot (Netherlands), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), ITALGEL S.p.A. (Italy), Lapi Gelatine S.p.a. (Italy), Tessenderlo Group NV (Belgium), Trobas Gelatine B.V. (Netherlands), Ewald-Gelatine GmbH (Germany), Junc Gelatines SL (Spain), Gelnex (Brazil), Shanghai Al-amin Biotech Co., Ltd (China), India Gelatin & Chemicals Ltd. (India), C.J. Gelatine Products Limited (India), and Luohe Wulong Gelatin Co. Ltd. (China). Market Segmentation By Type: The Type A segment is expected to account for more than 54.5% of the market share in 2024, due to its extensive use in the food industry and high nutritional value. This segment is projected to grow at a rate of 7.4% due to its superior gelling properties and stability. By Source: Animal-based gelatin is anticipated to dominate the market with over 91.2% of the share in 2024, driven by its wide use in food applications, affordability, and availability. The plant-based segment is projected to grow at a rate of 7.6%, driven by increasing veganism and health consciousness. By Function: The stabilizers segment is expected to hold over 40.6% of the market share in 2024, due to its importance in enhancing the texture, consistency, and shelf life of food products. The thickeners segment is projected to grow at the highest rate of 7.8%, attributed to its ability to enhance liquid viscosity. By Application: The food & beverages segment is projected to dominate with over 51.3% of the market share in 2024, owing to gelatin's role in achieving the desired texture and consistency. The nutraceuticals segment is expected to grow at the highest rate of 8.2%, driven by increasing demand for nutritional supplements. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com
Gelatin Market 2024-2031 By Geography: Europe is anticipated to lead the market with over 39.2% of the share in 2024, driven by health trends, an aging population, and a demand for packaged products. The Asia-Pacific region is projected to grow at the highest rate of 8.5%, supported by industrialization, rising health awareness, and a growing food processing industry. Buy Now: https://www.meticulousresearch.com/Checkout/96322475? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com