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Report Overview
The global bovine gelatin market reached a value of USD 3.33 Billion in 2024. The market is expected to grow at a CAGR of 6.50% between 2025 and 2034, to reach a value of USD 6.25 Billion by 2034.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
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Bovine gelatin is commonly used to create drug capsules, and its use in pharmaceuticals is a significant driver of the gelatin market.
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Food-grade bovine gelatin is used in food products such as marshmallows, gummies, and desserts. Its price range is typically between USD 3 and USD 10 per kilogram.
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The price range for cosmetic-grade bovine gelatin is typically between USD 15 and USD 40 per kilogram.
Global Bovine Gelatin Market Size
The global bovine gelatin market reached a value of USD 3.33 billion in 2023. The market is expected to grow at a CAGR of 6.5% between 2024 and 2032, to reach a value of USD 5.88 billion by 2032.
Bovine Gelatin Market Outlook
- Bovine gelatin is commonly used to create drug capsules, and its use in pharmaceuticals is a significant driver of the gelatin market.
- Food-grade bovine gelatin is used in food products such as marshmallows, gummies, and desserts. Its price range is typically between USD 3 and USD 10 per kilogram.
- The price range for cosmetic-grade bovine gelatin is typically between USD 15 and USD 40 per kilogram.
Bovine Gelatin Market Report Snapshots
Bovine Gelatin Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 3.33 Billion.
The bovine gelatin market is expected to grow at a CAGR of 6.50% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 and reach a value of USD 6.25 Billion by 2034.
Key drivers of the market are technological advancements, rise in population, increase in health consciousness amongst individuals, and rising bone health issues.
Key trends aiding market expansion include the rising demand for bovine gelatin among athletes, product diversification, and expanding use of the product in pharmaceutical and personal care industries.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
It is used in pharmaceutical drugs, food, photography, and production of cosmetics and vitamin capsules.
Bovine gelatin helps in easy digestion, strengthening of joints and bones, and improves health of hair, skin, and nails.
Key players in the market are Nitta Gelatin Inc., Gelita AG, PB Leiner, Lapi Gelatine SpA, Rousselot Inc., Bernard Jansen Products Inc., Trobas Gelatine BV, Nutra Food Ingredients, Gelnex, Kubon Gelatin Pte. Ltd., Zint LLC, and Jiangxi Formate Biotechnology Co., Ltd., among others.
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