Gelatin Market To Grow As Of Surge Demand From Food And Pharmaceuticals

Gelatin Industry Overview



The global gelatin market size was valued at USD 6.51 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2030. Gelatin is anticipated to witness high demand from functional food application, due to its ability to prevent several diseases, improve food quality, and in food fortification. Gelatin is a highly viscous semi-solid gel; its composition includes 2% to 4% mineral salts, 85% to 90% protein, and 8% to 12% water. Its most common form commercially available is edible gelatin, which does not contain any other preservatives or additives. Non-edible products are mostly used in photography (nail photographic films & papers, glue, and polish) and cosmetics.

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Gelatin is derived from collagen, which is a natural protein present in the skin and bones. Raw materials including pig skin, bovine hides, and bones are primarily obtained from slaughterhouses. As a protein, it contains numerous amino acids, which makes it useful in a wide range of applications including foods, beverages, pharmaceuticals, and cosmetics among others.

The prices of gelatin vary depending on the prices of its raw materials. It also depends on the region or country where the product is being manufactured. The prices of raw materials are rising at a moderate rate on the account of the growing demand from end-use industries, especially food & beverage, and healthcare. In addition, the rise in demand is likely to be catered to by new production facilities in countries such as the U.S. and India. Furthermore, improvements in the supply chain and an increase in production levels may lead to a stability in the prices of products in the coming years.

The key players in the global gelatin market comprise of GELITA AG, Rousselot Weishardt Holding SA, Nitta Gelatin Inc., and STERLING GELATIN among others. These companies dominate the market with their strong product portfolio and regional presence. In addition, manufacturers are focusing on sustainable production, in-house R&D, customized product offerings, and technology licensing to attain a competitive edge in the market space. For example, in January 2021, Nitta Gelatin India Ltd. launched premium gelatin product manufactured with Japanese technology of international standards for food application.

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Key Companies profiled:

• GELITA AG

• Rousselot

• PB Leiner

• STERLING GELATIN

• Weishardt Holding SA

• Junca Gelatines SL

• Nitta Gelatin, Inc.

• PAN Biotech GmbH

• Shanghai Al-Amin Biotechnology Co., Ltd.

• Tessenderlo Group