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Gelatin Market Analysis

  • Report ID: GMI7028
  • Published Date: Oct 2023
  • Report Format: PDF

Gelatin Market Analysis

Based on source, the bovine segment dominated around USD 1.44 billion revenue in 2022. Bovine gelatin is highly versatile and can be used in a wide range of applications, including food, pharmaceuticals, and cosmetics. It has a neutral taste and odor, making it suitable for various product formulations without affecting flavor or aroma. Bovine gelatin is known for its excellent gelling strength and texture-enhancing properties. It can form strong, stable gels, which is crucial in applications like gummy candies, desserts, and pharmaceutical capsules.
 

Gelatin Market Revenue Share, By Application, (2023)

Based on application, the food and beverage application segment accounted for 69.10% of the gelatin market share in 2022. Gelatin has a long history of use in the food and beverage industry and is found in a diverse array of products. It is a crucial ingredient in applications such as gummy candies, marshmallows, gelatin desserts, yogurt, and many more. Its ability to provide texture, stabilize emulsions, and create gels makes it a versatile choice for formulating various food and beverage items. Gelatin has a neutral taste and odor, and it creates a pleasant mouthfeel and texture in food products. Consumers are accustomed to its use in many traditional and beloved food items, leading to high acceptability.
 

Based on function, the thickening and gelling segment is anticipated to grow substantially during the forecast timeline. Gelatin is renowned for its exceptional ability to create and stabilize gels. This makes it an ideal choice for improving the texture and mouthfeel of various products, including desserts, confectionery, and sauces.

 

Gelatin can produce a wide range of textures, from soft and delicate to firm and elastic, allowing manufacturers to customize products to meet consumer preferences. Gelatin can be used across a wide spectrum of applications, from sweet to savory. It can be employed in everything from fruit gels and yogurt to savory aspics and meat-based dishes. This versatility makes it a go-to ingredient for formulators seeking to achieve specific textural properties.
 

Asia Pacific Gelatin Market Size, 2021- 2032 (USD Million)

Asia Pacific gelatin market size held over USD 1.13 billion in 2022. The Asia-Pacific region is home to a large and rapidly growing population. As disposable incomes increase, there is a greater demand for a variety of food and consumer products that use gelatin as an ingredient, such as confectionery, dairy products, and cosmetics.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of gelatin reached USD 3.31 billion in 2023 and is set to cross USD 3.78 billion by the end of 2032, led by the rising popularity of dietary supplements, gummy vitamins, and fortified foods.

Gelatin industry from the bovine source segment was valued at USD 1.44 billion in revenue in 2022, owing to wide application in food, pharmaceuticals, and cosmetics.

Asia Pacific market size crossed USD 1.13 billion in 2022, due to the rapidly growing population and higher disposable incomes in the region.

Some of the leading industry players are Nitta Gelatin Inc. (Japan), Gelita AG (Germany), Rousselot Inc. (United States), Trobas Gelatine BV (Netherlands), Nutra Food Ingredients (United States), Gelnex (China), and Zint LLC (United States).

Gelatin Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 190
  • Countries covered: 12
  • Pages: 220
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