Guatemala Gelatine Market Share, Size, Growth, Analysis, Forecast: By Raw Material: Pig Skin, Bovine Hides, Bone, Others; By End Use: Food and Beverages, Nutraceuticals, Pharmaceuticals, Photography, Cosmetics, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Guatemala Gelatine Market Outlook

The Guatemala gelatine market size is expected to grow at a CAGR of 8.50% between 2023 and 2028, driven by the growing utilisation of gelatine in food and beverages and nutraceuticals.

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Key Trends in the Market

Gelatine is a tasteless, colourless, and water-soluble animal protein obtained from the connective tissue, bones, and skin of animals such as pigs and bovine that contain collagen. In addition to being used to stabilise foam food products like ice cream and marshmallows, gelatine is also utilised to manufacture jellied meats, soups, sweets, aspics, and moulded desserts. As gelatine contains collagen, it can help improve joint, hair, skin, and nail health, increasing its applications in nutraceuticals and pharmaceuticals. 

• Gelatine has a wide range of uses in the food and beverage (F&B), pharmaceutical, nutraceutical, cosmetic, and packaging sectors all over the world because it has the ability to support crystallisation and water binding, film-forming, thickening, and emulsifying capabilities.

• The expanding use of gelatine as a thickening and gelling ingredient in bakeries and confectioneries is propelling the Guatemala gelatine market. The ability of gelatine to prevent a number of diseases, enhance food quality, and its use in food fortification is projected to drive a high demand for gelatine in functional food applications.

• Gelatine is being used more frequently in cosmetics and personal care products due to its benefits in reducing wrinkles, improving skin texture, and strengthening nails and hair. The increasing consumer attention towards cosmetics that improve skin texture and willingness to experiment with new formulations is a key trend in the gelatine market in Guatemala.

• To improve gelatine's functional qualities for greater effectiveness, key players of the Guatemala gelatine market are engaged in research and innovation. Several market participants are releasing new variations of gelatine products in order to meet the growing demand for gelatine in various fields.

Guatemala Gelatine Market Analysis

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Based on raw material, the market is divided into pig skin, bovine hides, and bone, among others. On the basis of end use, the market is segmented into food and beverages, nutraceuticals, pharmaceuticals, photography, and cosmetics, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Guatemala gelatine market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

• GELITA AG

• PB Leiner

• Nitta Gelatine Inc.

• Gelco International

• Gelnex

• Others

Market Share by Raw Material

Bovine hides account for a significant share of the Guatemala gelatine market by raw material due to the larger number of cattle used in animal farming in the country as compared to hogs. For gelatine production, by-products of the meat industry are typically used as raw materials, such as bovine hides, bone, and pig skin as they have high concentrations of raw collagen. Gelatine made from bovine hides and pig skin have similar performance, with the primary difference comprising of dietary and cultural preferences. With the higher number of cattle in Guatemala, bovine hides are more easily available for bulk production of gelatine, supporting the overall market growth. 

Market Share by End Use

The food and beverages sector is a leading end use for the Guatemala gelatine market, due to their role in improving the texture as well as nutritional value of foods and beverages. The use of gelatine in the food and beverage industry is increasing as a result of the rising demand for desserts, functional food items, functional beverages, baked goods, jellies, marshmallows, yoghurt, confectionary products, and processed foods. Additionally, gelatine is frequently used in desserts, baked goods, and dairy products among others, because it replaces carbohydrates and lipids in many recipes. Meanwhile, research into the nutritional benefits of gelatine, and the growing awareness among consumers of the advantages of collagen are likely to surge the end uses of gelatine in nutraceuticals in the coming years. 

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Competitive Landscape

GELITA AG was established in 1875 with its headquarters in Baden, Germany and is one of the top producers of collagen proteins globally. GELITA offers a variety of collagen proteins, including non- or partially water soluble collagens, collagen peptides with known body-stimulating properties, and custom gelatines. Collagen proteins of the company are used in many items as natural stabilisers and emulsifiers.

PB Leiner, founded in 1880, is one of the major producers of premium gelatines and collagen peptides in the world. The company, which has its headquarters in Vilvoorde, Belgium, caters to food, pharmaceuticals, health, nutrition, and technical applications from its seven production facilities, which are dispersed across Asia, Europe, North America, and South America.

Nitta Gelatine Inc., headquartered in North Carolina in the United States, was established in 1918 and is one of the top producers of collagen and gelatine-related goods worldwide. Nitta Gelatine produces a variety of gelatines of the technical, food, and medicinal grades in manufacturing facilities that are dependable, secure, and ecologically friendly. The company is also known for producing Wellnex Collagen Peptides, a protein with advantages for the health of the skin, bones, and joints that have been scientifically verified.

Other market players include Gelco International and Gelnex, among others.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.