Home > Food & Beverages > Nutraceuticals > Protein Supplements > Gelatin Market
Gelatin Market size was valued at USD 3.31 billion in 2023 and is estimated to witness 1.8% CAGR from 2024 to 2032. As consumers increasingly seek products that are perceived as healthier and more wholesome, gelatin, particularly when derived from sustainable and ethically sourced animal or plant-based sources, is gaining popularity as a versatile and reliable ingredient for creating texture, stability, and functionality in a wide range of products.
Additionally, the rising popularity of dietary supplements, gummy vitamins, and fortified foods has further boosted gelatin's demand, as it is often used as a delivery system for these products.
Report Attribute | Details |
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Base Year: | 2023 |
Gelatin Market Size in 2023: | USD 3.31 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 1.8% |
2032 Value Projection: | USD 3.78 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 190 |
Segments covered: | Source, Function, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The sustainability and ethical concerns in the gelatin market pose a significant challenge as consumers and regulatory bodies increasingly scrutinize the environmental and ethical implications of traditional animal-derived gelatin production. Issues such as factory farming, animal welfare, and the substantial water and land resources required for livestock rearing are raising red flags. This scrutiny can lead to stricter regulations, higher production costs, and a shift in consumer preferences toward alternative sources like plant-based gelatin substitutes or other thickening and gelling agents.