Global Food-Grade Gelatin Market worth US$ 26.47 Million 2019 with a CAGR of 4.20 %

Published Date: May 2023

The report "Global Food-Grade Gelatin Market, By Source (Plant-based and Animal-based), By Application (Confectionery, Dairy and Desserts, Bakery, Meat and Meat Products, Beverages, and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

Key Highlights:

  • In Octomber 2017, Gelnex expanded its production capacity, by opening a fifth gelatin manufacturing plant in Mato Grosso (Brazil). The mail goal of the project, which is fully established within the company’s long-term growth plan, is the extension of the company’s production capacity
  • In April In 2019, Nitta Gelatin introduced XactSet and Rapid set gelatin, which are a line of specialty gelatin developed specifically for the formulation of starchless gummies

Analyst View:

Market Growth Drivers

  • Growing Demand of Gelatin as A Food additive
  • Growing Use Of Gelatin in Confectionery And Dessert

Opportunities and Trends

  • Growing Demand for Kosher and Halal-certified Products
  • New product launches and Expansions
  • Perceived Health Benefits From Consumption Of Gelatin

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Food-Grade Gelatin Market”, By Source (Plant-based and Animal-based), By Application (Confectionery, Dairy and Desserts, Bakery, Meat and Meat Products, Beverages, and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.

Key Market Insights from the report:        

The market report has been segmented on the basis of source, application, and region.

  • By source, the plant source segment of the food-grade gelatin market was valued at US$ 8.06 million in 2018, and it is accounted to reach US$ 10.38 million by 2024, registering a CAGR of 4.5% during the forecast period. Highly impacted by the burgeoning vegetarian and vegan population worldwide, manufacturers around the world are now surging to source the substitute from plants
  • By application, the target market is classified into confectionery, dairy and desserts, bakery, meat and meat products, beverages, and other applications
  • By region, in 2018, Europe was the largest market to use pig skin as a raw material for the manufacturing of gelatin and is expected to maintain its position over the forecast period

Competitive Landscape:

The prominent player operating in the global food-grade gelatin market includes Gelita USA Inc., Dongbao, Foodchem International Corporation, Sterling, Eversource Gelatin, PB Gelatins, Nitta, Luohe Wulong Gelatin Co. Ltd., Gelnex, and Italgelatine SpA.

The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.

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Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies
  • Detailed analysis of the market revenue over the forecasted period
  • Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis
  • Study on the segments that are anticipated to dominate the market
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered

  1. Introduction
  • Study Deliverables
  • Study Assumptions
  • Scope of the Study
  1. Research Methodology
  2. Executive Summary
  • Opportunity Map Analysis
  • Market at Glance
  • Market Share (%) and BPS Analysis, by Region
  • Competitive Landscape
  • Heat Map Analysis 
  • Market Presence and Specificity Analysis
  1. Investment Analysis
  2. Competitive Analysis

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