Press Release

Global Gelatine Market to Reach USD 4,984.0 million by 2032

Global Gelatine Market

According to a new report by Expert Market Research, the global gelatine market attained a value of USD 3,628.5 million in 2023. The market is estimated to grow at a CAGR of 5.5% during 2024-2032 to reach a value of USD 4,984.0 million by 2032.

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 USD 3,628.5 million in 2023 and is further expected to reach a value of USD 4,984.0 million by 2032. Some of the growth inducing factors include aging population, rising disposable incomes, health conscious consumers and growth of the end-use industries.

 

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Key findings from the report:

  • The major end-use industries of gelatine are food and beverage, pharmaceuticals and nutraceuticals, photography, cosmetics and others.
  • The food and beverage represents the biggest end-use market for gelatine. This can be attributed to its stabilising and good binding characteristics. The food and beverage market is followed by pharmaceuticals and nutraceuticals, photography, cosmetics and others.
  • Region-wise, Europe dominates the market accounting for the majority of the total global consumption. Europe is followed by North America, Asia Pacific and Latin America.
  • Some of the top players operating in the global gelatine market are Gelita AG, SAS Gelatines Weishardt, Nitta Gelatin, NA Inc, Rousselot BV, and PB Leiner.

 

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
  • Pharmaceuticals and Nutraceuticals
  • Photography
  • Cosmetics
  • Others

 

Market breakup by Region

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Top Players

  • Gelita AG
  • SAS Gelatines Weishardt 
  • Nitta Gelatin, NA Inc
  • Rousselot BV
  • PB Leiner
  • Others

 

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