Gelatin Market Estimated to Exceed US$ 3,426 Million Globally By 2025
by Rahul Rastogi Market Research AnalystIMARC Group’s latest report, titled “Gelatin
Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2020-2025”, finds that the global gelatin market size reached
US$ 2,413 Million in 2019. Gelatin is a colorless, flavorless, and
water-soluble food protein obtained from collagen that is derived from the body
parts of various mammals. It is commercially available in numerous forms such
as powder, sheets and granules and is generally composed of water, mineral
salts and amino acids. Gelatin forms a thermally reversible elastic gel when
mixed with water and gives a unique organoleptic property and flavor release to
the products. Due to its water-binding, crystallization control and
film-forming properties, gelatin is employed in various industries, ranging
from food, pharmaceutical, nutraceutical to photography, cosmetic and packaging
industries.
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Global Gelatin Market Trends:
One of the significant factors bolstering
the growth of the market is the extensive applications of gelatin as a
viscosity controlling, cleansing and thickening agent. In the food and beverage
industry, it is used as a stabilizing and gelling agent to provide stability
and consistency to food products, such as candies, marshmallows, cakes, ice
creams and yogurt. Besides this, gelatin is known to improve the appearance of
skin and quality of hair, due to which it is utilized in the manufacturing of
several personal care products. Apart from this, it offers numerous health
benefits due to its unique combination of amino acids. As a result, it plays a
vital role in the treatment for osteoarthritis, rheumatoid arthritis and
osteoporosis in the medical industry. Moreover, the leading companies are
engaging in research and development (R&D) activities to develop new
gelatin and collagen products, bringing additional benefits to the
applications. For instance, Rousselot SAS, one of the leading providers of
collagen-based solutions, has recently launched StabiCaps, a range of gelatins
specifically tailored to prevent crosslinking in soft gels, which assists in
increasing their stability. Looking forward, the market value is projected to
reach US$ 3,426 Million by 2025, expanding at a CAGR of 5.8% during 2020-2025.
Market Summary:
· Based on the raw material, the market has
been segmented into pig skin, bovine hides, bones and other sources. Pig skin
is currently the most commonly used raw material.
· On the basis of the end use, food and
beverages represent the largest end use segment. Other significant sectors are
nutraceuticals, pharmaceuticals, photography, cosmetics and hold the largest market share.
· Region-wise, Europe exhibits a clear
dominance in the market. Other major regions include North America, Asia, South
America and others.
· The competitive landscape of the market
has also been examined, with some of the key players being Gelita AG, Rousselot
SAS, PB Gelatin/PB Leiner (Tessenderlo Group), Sterling Biotech Ltd., SAS
Gelatines Weishardt and Nitta Gelatin, NA Inc.
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Created on Mar 16th 2020 01:37. Viewed 284 times.