Our latest research report entitled Gelatin Market (by source(bones, bovine hides, pig skin, sheep skin), application(food & beverages, dyeing & tanning, nutraceuticals, personal care, pharmaceuticals, photography), function(gelling agent, stabilizer, thickener)) provides complete and deep insights into the market dynamics and growth of Gelatin. Latest information on market risks, industry chain structure Gelatin cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Gelatin growth factors.
The forecast Gelatin Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Gelatin on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.
Global gelatin market size is expected to exceed USD x.xx billion by 2023, growing at a CAGR between 5% and 5.5% over the period of 2017 – 2023. Gelatin is a colorless, odorless and tasteless substance widely used in food products. Gelatin is made from collagen, a soft protein which connects bones, muscles, skins and tendons of mammals such as cows and pigs. The sticky jelly substance obtained, after prolonged boiling of safe to use cartilages, muscles and skins is dried into powder form, for commercial use in various industries. Gelatin finds applications as gelling agent stabilizers and thickeners in cakes, candies, fruit desserts, fruit jellies, ice-creams, marshmallows, puddings, yogurts and some others. Gelatin find industrial applications in the manufacturing of cosmetics, personal care products, pharmaceutical products, dyeing and tanning materials, photographic plate coatings, and some others. Gelatin helps in improving mood, sleep, skin health, digestion and intestinal health, protecting joints and reducing the joint pain, maintaining hormonal balance, heart healthy, and bones stronger, detoxing liver, preventing stretch marks, anti-aging and resists wrinkles, aiding the wellbeing of hair, nails and teeth, stimulating high metabolism and losing weight.
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Heavy investments by major players such as Capsugel, Gelita AG, PB Gelatins, Rousselot S.A.S, Weishardt Group and others in research and development for product innovation to counter the threat of alternatives and for finding new applications characterizes the global gelatin market. Increasing preference for convenience & functional food and beverages among people, due to change in lifestyles and need for instant nutrition, drive the growth of the global gelatin market. Moreover, the increasing awareness about the health benefits of the gelatin is enhancing the demand for gelatin based products. As gelatin is a good source for protein, the demand for gelatin is anticipated to increase significantly to meet the increasing demand from nutraceutical industry for making nutritional supplements. Due to the health benefits the applications of gelatin is increasing in the personal care products and it is expected to drive the growth of the market. The technological advancements and emergence of new applications in pharmaceutical industry is expected to drive the growth of the gelatin market. Due to the protein content and the compatibility with the milk, the use of gelatin in dairy products is expected to increase during the forecast period. Fish based gelatin segment is expected to grow faster, due to the demand from food processing and pharmaceutical sectors, during the forecast period 2017-2023.
The endemic Bovine Spongiform Encephalopathy has affected the availability of the raw materials and it is expected to cause volatility in the raw materials prices. Stringent regulations regarding the gelatin use, due to the use of animal parts for the manufacturing, is a restraint for the global gelatin market. The production of gelatin-free pharmaceutical products is a restraint for the market. Moreover, the increasing concern among the consumers regarding the use of dead bodies of animals for making gelatin hinders the growth of the market. Availability of vegetarian alternatives for gelatin such as agar agar, carrageenan, guam gum, & pectin and increasing preference for those among health conscious vegetarians and vegans is a major challenge for the major players in the global gelatin market.
The report covers the analysis of global as well as regional markets of gelatin market. Moreover, the global gelatin market is segmented by source, by application and by function. The global gelatin market by source covers bones, bovine hides, pig skin, sheep skin, and some others. On the basis of applications, the market is segmented as food & beverages, dyeing & tanning, nutraceuticals, personal care, pharmaceuticals, photography, and some others. Based on function, the market is segmented as gelling agent, stabilizer, thickener and some others.
Major Key Players Mentioned in this Premium Report
The companies covered in the report include manufacturers of global gelatin market include Capsugel Inc, Catalent Pharma Solutions, Ewald Gelatin GmbH, Gelita AG, Gelnex, India Gelatine & Chemicals, Italgelatine S.p.A,Junca Gelatines S.L, Norland Products Inc, PB Gelatin, Rousselot S.A.S, Sterling Biotech, and Weishardt Group.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of gelatin globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the gelatin market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the gelatin market to understand the present and future trends in this market and formulate their strategies accordingly.
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