This study intends to unfurl the multiple facets of global gelatin market. The insights offered in the report aid in market growth examination during the forecast period.
Extensive Functional Food Application Drives Gelatin Market Growth
With the rising demand for functional foods and beverages, and expanding medicinal application, the market is expanding rapidly. The gelatin market is driven by the escalating demand for clean-label products and their expanding use in cosmetics. Due to the exceptional gelling, stabilizing, and foaming qualities of gelatin, it is widely used as a food stabilizer. The rising popularity of pasta, yogurt, jams, and jellies may be to blame for its expanding use as a food stabilizer. The ability of gelatin to prevent many diseases, enhance food quality, and be used in food fortification is projected to drive high demand for it in functional food applications. Gelatin is a highly viscous semi-solid gel that contains 85% to 90% protein, 2% to 4% mineral salts, and 8% to 12% water. The most widely used commercially available form of it is edible gelatin, devoid of additional additions or preservatives. Glue, polish, and nail photographic films and papers are the most common non-edible materials used in photography, and cosmetics.
Technology development is a major trend becoming more and more popular in the gelatin market. Using AI opens up the possibility of using gelatin in various applications. The sensation of smell is imitated by artificial intelligence technology. As an illustration, Cecilia's Biomolecular Engineering Lab at UCIBIO in Lisbon's Nova School of Science and Technology (FCT-NOVA) demonstrated intelligent gelatin in April 2019 as a novel engineered material for smelling that has a soft matter in artificial olfaction, an intelligent gas sensing device that imitates the sense of smell.
Gelatin Market: COVID-19 Impact
Due to the coronavirus outbreak, the product's demand and sales abruptly decreased. The disruption of trade activities brought about by the closure of domestic and international borders hampered the industry's expansion. India's beef export dropped to US$3.18 Bn in March 2020 from US$3.61 Bn in 2018–19, a decrease of 12% in value, according to the Agricultural and Processed Food Products Export Development Authority (APEDA). The closing of slaughterhouses and international and domestic borders, which made it difficult to transport cattle, were mostly to blame for this decline in beef export. However, the demand for hard and soft gel capsules increased throughout the outbreak because of the escalating demand from the pharmaceutical industry. Furthermore, the increased consumer appetite for functional foods and drinks during the pandemic also boosted the performance of the gelatin market. The increased interest in health and well-being is driving a rising trend toward products with function-specific health advantages.
Escalating Adption Across Pharmaceutical, and Healthcare Sectors Will Fuel Gelatin Market Expansion
The rise in chronic and lifestyle-related diseases, the rise in the elderly population, and the rise in health consciousness have all contributed to an increase in the usage of gelatin in the pharmaceutical business. Growing attention on healthcare due to rising healthcare expenses fuels industry expansion. Additionally, using the product is frequently linked to weight loss and treating brittle bones, rheumatoid arthritis, and osteoarthritis. Natural collagen levels decline with aging, which causes the skin to become less elastic and wrinkle-prone. However, the product's protein and amino acids can aid the body's ability to produce more collagen, which is essential for good skin. Due to this, many dermatology businesses are concentrating on creating cutting-edge goods to meet consumer demands. For instance, ISDIN, a dermatology company from Spain, introduced SunISDIN Softgel Capsules to the American gelatin market in April 2020. This vitamin promotes overall skin health and works to avoid oxidative stress.
Clean Label Product Demand Trends Global Gelatin Market
As consumers' awareness of and desire for products without additives and preservatives grows, they demonstrate a positive interest in clean-label items. One of the main forces influencing the gelatin market trends is the rising demand for clean-label products, which increases the pressure on manufacturers to make sure their products adhere to moral standards. For instance, in August 2019, ACG Capsules, a division of ACG Group, introduced a new line of innovative HPMC capsules with clear labels to meet the demands of the pharmaceutical and nutraceutical industries. Nowadays, environmentally conscious consumers want their healthy food to be produced more sustainably. They see sustainability as a key component of clean-label products. Additionally, the pandemic has intensified consumers' demands for supply chain transparency and responsible sourcing by raising their concerns about food safety and quality. Clean-label ideas are spread across the supply chain due to increased openness and traceability.
Consumer Preference for Plant-based Alternatives to Limit Gelatin Market Growth
Manufacturers are encouraged to switch from using various plant-based substitutes for animal products due to the growing demand from customers for natural and environmentally friendly components. Vegan gelatin is in demand as consumers' acceptance of vegan products grows. Furthermore, the gelatin market's performance is further hampered by their increasing knowledge of items made from plants and their growing health consciousness. Products of a porcine origin raise issues and are unacceptable in many societies. The recent battles in Russia and Ukraine also contributed to economic instability, which impacted the supply and demand for various foodstuffs and animal feeds. 52% of the maize that Europe buys comes from Ukraine, according to the European Parliament. Pig and other farm animal head count decreased due to the decreased livestock production caused by the lack of maize used to make animal feed. The European Commission estimates that between May and June 2022 and the corresponding time in 2021, the bovine population fell by 2%, and the pig population fell by 5%. This fall in headcount negatively impacted the availability of cattle byproducts, making it harder to produce gelatin.
Porcine Category Dominates Gelatin Market Based on Affordability
The porcine category held the largest market share, and it is anticipated that it will continue to rule the gelatin market during the forecast period because they are more affordable. Consumers are now worried about mislabeling in addition to the potential for fraud. Porcine type is used in vaccines as a stabilizer since it performs better than other sources and ensures that the vaccine remains safe and effective during storage, which is why it is used more frequently. On the other hand, the bovine segment is anticipated to increase significantly since athletes and fitness enthusiasts are increasingly using it because it speeds up recovery. The product is offered in many formats, including pills, capsules, and powder. Because they have no bitter aftertaste and are simple to take, capsules are anticipated to experience increasing demand in the upcoming years. Additionally, amino acids enhance people's stamina and performance while exercising and participating in sports. Food, medications, and cosmetics all employ it as a jelling agent.
Food and Beverages Category Leads Gelatin Market as Demand for Nutritional Supplements Soars
The food and beverages category dominated the market in 2021 due to the product's expanding use in the culinary industry to make snacks, sweets, gummy bears, desserts, and other things. The rise in the consumption of nutritional supplements and clean-label movements further increases the demand for food and beverage ingredients. Additionally, it is projected that the revenue contriution of healthcare and pharmaceutical segment will grow significantly in the gelatin market during the forecast period. The substance has numerous uses in the pharmaceutical industry and medicine, including the manufacture of capsules and tablets as well as use as a component of bandages for wounds, hemostatic sponges, and blood volume substitutes. These sponges are absorbable medical bandages that stop bleeding surfaces from spreading.
Europe to Dominate Gelatin Market with Significant Presence of Key End-use Industries
Over the forecast period, the Europe market will account for the largest revenue share. It is due to the significant demand from end-use sectors like the cosmetics, food, beverage, and healthcare industries. In addition, the proliferation of manufacturing firms like Biogel AG, Prowico, and Gelita, among others, is a sign of the gelatin market's increasing need for the product. Due to the country's significant consumption of pig and beef, the gelatin utilized in the United Kingdom frequently comes from bovine or porcine sources. The country's growing desire for cosmetics can also be explained by increased sales. Furthermore, having a developed and well-established meat processing industry is advantageous for procuring raw materials. It is anticipated that the presence of well-established businesses and a plentiful supply of raw materials would boost output in the nation.
North America gelatin market is anticipated to experience stable revenue growth throughout the forecast period Due to growing consumer awareness of the benefits of gelatin for health and beauty, simple access to raw materials, an increase in product launches, expanding use of gelatin in bakery and confectionery products, and a strong presence of major market competitors in the area. The North American market is being driven by demand for products with clean labels and ingredients that are organically derived. One of the biggest chemical consumers in the area is the United States. Bakeries and beverages mostly drive the market for the items since people are looking for convenient, healthful, and inexpensive products. Additionally, the region's market is expanding due to increased chronic disease occurrences and an aging population. The market is projected to grow as R&D spending rises to create novel pharmaceutical product production processes and forms.
Global Gelatin Market: Competitive Landscape
In January 2021, the HoReCa category was introduced by Nitta Gelatin India with premium gelatin of worldwide standards. Food enthusiasts may prepare and enjoy a variety of desserts, jellies, marshmallows, and other food products at international standards, according to the company. Similarly, in September 2020, Tessenderlo Group unveiled a new product under its subsidiary PB Leiner. PB Leiner expanded its line of products by offering gelwoRx with two soft capsule specialty items.
Some of the prominent players in the global gelatin market are Sterling Biotech Limited, Gelita AG, Darling Ingredients Inc, Nitta Gelatin Inc., India Gelatine & Chemicals, Tessenderlo Group, Sterling Gelatin, PB Gelatins GmbH, Junca Gelatines S.L, Trobas Gelatine BV, and Weishardt Holding SA.
Global Gelatin Market is Segmented as Below:
By Type
By Nature
By End-use Application
By Source
By Functionality
By Region
Key Elements Included In The Study: Global Gelatin Market
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