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Global Gelatine Market to Reach US$ 3,440.36 Million By 2026.
Gelatine is primarily composed of the amino acids (glycine and proline) which are found in the bones, skin and fibrous tissues of animals like pigs, cattle, etc. It is a vitreous, odourless and tasteless protein which offers a diverse list of benefits ranging from maintaining skin health to fighting digestive disorders. It also helps in combating osteoporosis and arthritis.
Owing to the physical, chemical and functional properties of gelatine, it finds broad range of applications across various industries such as the food, pharmaceutical, nutraceutical, photography, cosmetic and packaging industries. In the food industry, gelatine is used in bakery, confectionery, meat products, etc. In the pharmaceutical industry, it is used in making capsule shells, plasma substitutes, stabilizers for oil emulsions, health supplements, etc. In the nutraceutical industry, it is used in nutritional bars, protein drinks, nutritional and joint care formulas, etc. In the photography industry, gelatine is used in paper coating and as a component in silver halide emulsion coatings.
According to a new report by Expert Market Research, the global gelatine market reached a value of US$ 2433.20 Million in 2020 and is further expected to reach a value of US$ 3440.36 Million by 2026. Some of the growth inducing factors include aging population, rising disposable incomes, health conscious consumers and growth of the end-use industries.
Key findings from the report:
- The major end-use industries of gelatine are food and beverage, nutraceuticals, pharmaceuticals, photography, cosmetics and others.
- In 2018, the food and beverage represented the biggest end-use industry for gelatine accounting for around a third of its total consumption. This can be attributed to its stabilising and good binding characteristics. The food and beverage industry was followed by nutraceuticals, pharmaceuticals, photography and cosmetics.
- Region-wise, Europe dominated the market accounting for the majority of the total global production. Europe was followed by North America, Asia and South America.
- Some of the top players operating in the global gelatine market are GELITA AG, Rousselot SAS, PB Gelatin, Sterling Biotech, Weishardt and Nitta Gelatin.
Expert Market Research has analyzed the global gelatine market according to end-use, regions and major players:
Market breakup by End-Use
- Food and Beverage
- Nutraceuticals
- Pharmaceuticals
- Photography
- Cosmetics
- Others
Market breakup by Region
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Top Players
- GELITA AG
- Rousselot SAS
- PB Gelatin
- Sterling Biotech
- Weishard
- Nitta Gelatin
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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