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Gelatin Substitute Market Trends

Report ID: GMI7017
Published Date: Oct 2023
Report Format: PDF

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Gelatin Substitute Market Trends

Health-conscious consumers are looking for gelatin substitutes that offer health benefits. Ingredients like pectin and konjac are known for their dietary fiber content and are being used to create gel-like textures in food products. In addition, Consumers are becoming more conscious of the ingredients in their food products. Gelatin substitutes that are made from natural and clean label ingredients are gaining popularity. Products with minimal additives and preservatives are preferred.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of gelatin substitute was worth USD 2.7 billion in 2022 and is predicted to surpass USD 5 billion by 2032, due to the rising number of the health-conscious consumers embracing plant-based diets for health, environmental, and ethical reasons.

Gelatin substitute market size from the agar agar type segment reached USD 0.96 billion in 2022 and is expected register commendable CAGR from 2023 to 2032, on account of the increasing demand for plant-based and vegetarian products.

Asia-Pacific gelatin substitute market exceeded USD 0.99 billion in 2022 and is expected to register appreciable CAGR from 2023 to 2032, owing to the rising concerns related to health, animal welfare, and environmental sustainability in the region.

GELITA AG, Cargill, Incorporated, B&V srl., AGARMEX, S.A. DE C.V., Java Biocolloid, NOW Foods, Great American Spice Company, and Special Ingredients Ltd. are some of the major gelatin substitute companies worldwide.