Gelatin Market
The Gelatin Market is projected to achieve $7.46 billion by 2031, with a steady 7% CAGR from 2024 due to heightened demand in food, pharmaceuticals, and cosmetics.n
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Why Is the Gelatin Market Projected to Be Worth $7.46 Billion by 2031?
Gelatin Market 2024-2031 Meticulous Research recently published a comprehensive report titled Gelatin Market Size, Share, Forecast, & Trends Analysis by Type, Source, Function, and Application Global Forecast to 2031. The report reveals that the global gelatin market is set to surpass $7.46 billion by 2031, with a projected compound annual growth rate (CAGR) of 7% from 2024 to 2031. Key drivers of this growth include the increased use of gelatin in pharmaceuticals, the rising demand for functional food products, and consumer interest in clean-label items. However, cultural and safety concerns present challenges to broader adoption. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5941? Opportunities in Fortified and Sports Nutrition Products The potential of gelatin in fortified foods and sports nutrition is expected to offer significant opportunities for industry stakeholders. Despite the promising outlook, challenges in extraction and processing remain, limiting expansion in some regions. Additionally, evolving consumer focus on health and wellness is pushing new applications in the medical and biomedical fields. Key Industry Players Leading companies in the gelatin market include Rousselot (Netherlands), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), and ITALGEL S.p.A. (Italy). These companies are vital contributors to the market s growth trajectory, engaging in innovations and expansions to cater to the expanding consumer demand. Market Segmentation and Analysis by Type The gelatin market is segmented by type, source, function, application, and geography. The type A gelatin segment is expected to hold a substantial 54.5% share of the market by 2024 due to its widespread use in the food and beverage industry. Type A gelatin s nutritional benefits and ability to enhance product texture contribute to its popularity. This segment is also forecasted to grow at the fastest rate, 7.4%, during the forecast period. Dominance of Animal-Sourced Gelatin Animal-sourced gelatin, primarily from bovine and porcine sources, is anticipated to make up over 91.2% of the gelatin market by 2024. The abundance and cost-effectiveness of animal-based gelatin drive this dominance. The plant-sourced gelatin segment, however, is growing rapidly due to increasing veganism and consumer awareness regarding health and environmental impact. Applications Across Food & Beverages Gelatin is extensively used in food & beverages, accounting for over 51.3% of the market share. Its unique gelling properties make it valuable in dairy, confectionery, and meat products, and it also serves as a protein source in functional foods. Demand is particularly high in Europe due to its rising health awareness and aging population. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com
Gelatin Market 2024-2031 Regional Trends In 2024, Europe is projected to hold a dominant 39.2% share of the global gelatin market. However, Asia-Pacific is expected to grow at the highest rate, driven by factors such as the growing food processing industry, rising awareness of nutrition, and increasing personal care expenditure in countries like China and India. 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
