Global Gelatin Market: Global Size, Share, Price, Trends and Forecast to 2023by Rahul Rastogi Market Research Analyst
gelatin market is currently
experiencing a positive growth. This can be accredited to several factors such
as health conscious consumers, changing dietary patterns, expanding
applications as well as flourishing end-use industries.
is a flavourless, translucent and colourless protein obtained from collagen
which is derived from the body parts of various animals. It is a viscous
semi-solid gel which is majorly made of two amino acids including proline and
glycine. The general composition of gelatin includes water, mineral salts and
protein. In addition to this, it can be found in numerous forms such as powder,
sheets or granules which can be used in various formulations. A new research
report by IMARC Group, titled “Gelatin
Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023”, estimates that the market reached a
volume of around 410 Thousand Tons in 2017. The report further anticipates the
market to cross 461 Thousand Tons by 2023, at a projected CAGR of nearly 2%
over the forecast period.
Request a Copy Free Sample Report: https://www.imarcgroup.com/request?type=report&id=611&flag=B
Global Gelatin Market Drivers/Constraints:
Health conscious consumers have become more aware about the
usage and benefits offered by gelatin. As a result, they are now willing to
spend more on gelatin-based products. This is one of the primary factors which
is driving the market growth.
Gelatin is being increasingly utilised in several applications
in the form of a viscosity controlling, cleansing and stabilising agent. This,
in turn, has contributed towards the growth of the global gelatin market.
Some of the other factors which include rising disposable incomes
and improving living standards across developing nations along with a strong
growth in the end-use industries are positively influencing the market growth.
However, the social and safety aspects of the body parts of dead
animals used for the formulation of gelatin act as a major hindrance in the
growth of the market.
Raw Material Insights:
Pig skin, bovine hides and
bones are the major raw materials which are used for the production of gelatin.
Pig skin accounts for the majority of the market share owing to various factors
such as a short production process, and the requirement of less water during
extraction and pre-treatment.
Based on end-use, the
report finds that food and beverages represent the largest segment which can be
accredited to the rising demand for low fat and high protein foods. Food and
beverages are followed by nutraceuticals, pharmaceuticals, photography and
On a geographical front,
Europe enjoys the leading position in the global gelatin market holding the
majority of the share. This is due to the flourishing food industry in the
United Kingdom, Germany, France and the Netherlands. Europe is followed by
North America, Asia and South America.
The market is concentrated
in nature surrounded by top six manufacturers together accounting for the
majority of the share. There is an intense competition in the market which
makes it difficult for new players to enter the market. Some of these players include:
Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/ossein-gelatine-technical-material-market-report
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Created on Sep 21st 2018 04:10. Viewed 1,382 times.