Gelatin Market Growth to Drive Value to $7.46 Billion by 2031

Gelatin Market Growth to Drive Value to $7.46 Billion by 2031

Gelatin Market 2024-2031 Meticulous Research , a leading global market research company, has published a report titled, "Gelatin Market Size, Share, Forecast, & Trends Analysis by Type (Type A, Type B), Source (Animal, Plant), Function (Stabilizers, Gelling Agents), Application (Food & Beverages, Personal Care, Pharmaceuticals, Nutraceuticals) Global Forecast to 2031." Download Free Sample Report: https://www.meticulousresearch.com/download-sample- report/cp_id=5941?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_content=25-06- 2024 According to this latest publication, the gelatin market is projected to exceed $7.46 billion by 2031, with a CAGR of 7% during the forecast period from 2024 to 2031. This growth is driven by the increasing use of gelatin in the pharmaceutical industry, rising demand for functional and convenience food and beverage products, a growing preference for clean-label products, and the consumption of gelatin-based products by athletes. However, safety concerns and cultural restrictions limit market growth. Additionally, the use of gelatin in fortified confectionery and sports nutrition products is expected to create significant growth opportunities, while insufficient technologies for gelatin extraction and processing present major challenges. Key market trends include a focus on health and wellness and the use of gelatin in medical and biomedical applications. Key players in the gelatin market include Rousselot (a part of Darling Ingredients Inc.) (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). The gelatin market is segmented by type (Type A and Type B), source (animal [bovine, porcine, poultry, marine, and other animal sources] and plant [agar-agar, carrageenan, locust bean gum, and other plant sources]), function (stabilizers, thickeners, gelling agents, and other functions), application (food & beverages [beverages, confectionery, dairy products, meat & fish products, and other food & beverage applications], personal care, pharmaceuticals, nutraceuticals, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels. By type, the Type A segment is expected to hold the largest share of over 54.5% of the gelatin market in 2024. This is mainly due to its extensive use in the food & beverage industry and the high nutritional content of Type A gelatin. It enhances texture and mouthfeel in various products like desserts, confectionery, dairy items, and meat products. The segment is also projected to have the highest growth rate of 7.4% during the forecast period, driven by its superior gelling properties and storage stability compared to Type B gelatin. Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

Gelatin Market 2024-2031 By source, the animal segment is expected to account for over 91.2% of the market in 2024, due to the widespread use of animal-sourced gelatin in food & beverages, its abundant availability, and low cost. The rising demand for dietary supplements, driven by a global shift towards healthy, protein-rich diets, also supports market growth. Meanwhile, the plant segment is expected to grow at the highest rate of over 7.6% from 2024 to 2031, fueled by the increasing prevalence of veganism, health consciousness, and environmental and ethical concerns. Browse in Depth: https://www.meticulousresearch.com/product/gelatin-market- 5941?utm_source=pdf&utm_medium=social&utm_campaign=product&utm_content=25-06-2024 By function, the stabilizers segment is expected to hold the largest share of over 40.6% in 2024. This is due to the demand for improved texture, consistency, and shelf life in food & beverage products. Stabilizers help maintain desired viscosity, prevent phase separation, and enhance the mouthfeel of products like dairy items, desserts, and confectioneries. However, the thickeners segment is projected to grow at the highest rate of over 7.8% during the forecast period, driven by its ability to improve a liquid's viscosity without altering its inherent characteristics. The demand for thickeners is expected to rise in the expanding food sector of the Asia-Pacific region, particularly in China and India. By application, the food & beverages segment is expected to hold the largest share of over 51.3% in 2024, due to the vast applications of gelatin in this industry. Gelatin's unique gelling and surface behavior properties are crucial for achieving desired texture, consistency, and quality in various food products. It also serves as a protein supplement in functional foods, contributing to their nutritional content. However, the nutraceuticals segment is expected to grow at the highest rate of over 8.2% during the forecast period, driven by the rising demand for well-being products with nutritional value and the growing popularity of natural and functional ingredients. By geography, Europe is expected to hold the largest share of over 39.2% of the gelatin market in 2024. This is due to the region's growing health awareness, aging population, health and wellness trends, increasing prevalence of bone-related disorders, and demand from end-use industries like food & beverages, pharmaceuticals, and cosmetics. The demand for packaged products in Germany and the U.K., where gelatin is used as a stabilizer and shelf-life improver, also contributes to this large share. However, the Asia- Pacific market is expected to grow at the highest rate of over 8.5% during the forecast period, driven by the increasing number of food manufacturers and food processing industry in China and India, population growth, rising incidence of chronic diseases, awareness of nutrition and well-being, industrialization, high spending on personal care products, and abundant availability of raw materials for gelatin manufacturing. Buy Now: https://www.meticulousresearch.com/Checkout/96322475?utm_source=pdf&utm_medium=social&utm_ca mpaign=product&utm_content=25-06-2024 Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

Gelatin Market 2024-2031 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 3 of 3 Meticulous Research| sales@meticulousresearch.com