Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global
gelatin market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international market. The research also
emphasizes on the impact of restraints, drivers, and macro indicators on the
regional and global gelatin market over the short as well as long period of
time. A detailed presentation of forecast, trends, and dollar values of the
global market is offered. In accordance with the report, the gelatin market is
projected to expand at a CAGR of 6.2% over the period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
Gelatin is a
sticky gel-like substance which is a biopolymer. It is derived from bones and
hides of animals, as well as scales of fish. Gelatin itself is a partially
hydrolyzed collagen extracted from hides, skin, connective tissues and bones of
animals. It has multiple uses as stabilizer, to increase consistency and elasticity
in many end-use products, which is why it is of high demand in many industries.
Gelatin is
usually derived from cattle, generally cows (bovine gelatin) and pigs (porcine
gelatin). Alternately, gelatin from marine sources can be seen to grow fast in
the forecast period, as its high absorption rates and bioavailability make it
superior to other gelatin sources. High absorption rates of marine gelatin
ensure the benefits of it to be properly absorbed by the body when ingested,
especially in skin. Another driver of the gelatin market is the high demand for
the substance in fitness, healthcare and cosmetic industries. In healthcare, it can be used in medicines to
treat osteoarthritis, rheumatoid arthritis as it has properties of
strengthening bones and improving nails. Gelatin is used also in jellies and
candies as a primary thickener and texturizer.
A big critique
of the gelatin market is the widespread slaughtering of cattle for extracting
their hides, bones and skin to manufacture gelatin. Also, marine gelatin is
highly preferred due to it being of a higher quality, which reduces the market
demand for porcine and bovine gelatin. This has caused many environmental
conservationists to encourage people to look for alternative solutions which do
not involve large scale slaughtering of animals. Also, traditional gelatin,
when consumed in doses more than necessary, can cause renal complications and
anaphylaxis in some individuals. So, doctors often stop patients from consuming
gelatin to decrease mortality rates.
Due to ethical
and environmental reasons, the demand for plant based gelatin is rising worldwide.
Agar agar and carrageenan, two algae derived substances, have similar
properties to gelatin, although their textures are much different. Darling
Ingredients, produces a range of gelatin methacryloyl (GelMA) (biomaterials),
which is suitable for preclinical and clinical applications. X-Pure GelMA is a
form of ultra-pure gelatins and collagens, used as biomaterials in 3D bioprinting,
tissue engineering, regenerative medicine and many other purposes. This
combination holds huge potential for creating suitable environments for
culturing various cells at body temperature. Thus, as disposable income and the
demand for processed food grows, the market of gelatin experiences a great
stimulus for growth.
Segment Covered:
This market
intelligence report on the global gelatin market is segmented based on raw
material, application and country/regions.
In terms of raw material, the global gelatin
market is segregated
into,
§ Pig skin
§ Cattle bones
§ Bovine hides
§ Others
By application, the global gelatin market is also classified into,
§ Food and beverages
§ Pharmaceutical
§ Nutraceutical
§ Personal care
By country/region, the global gelatin market
has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Gelita
§ Darling Ingredients
§ India Gelatine and Chemicals
§ Gelnex
§ Sterling Biotech Group
§ Italgelatine
§ Junca Gelatine
§ Lapi Gelatine
§ Nitta Gelatin
§ Trobas Gelatine
Other players
have been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as gelatin market related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
Growth Matrix analysis is also provided in the report so as to share insight of
the investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of gelatin market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the market of gelatin is done by taking into account
various parameters such as company strategies, distribution strategies, product
portfolio, financial performance, key developments, geographical presence, and
company overview
Ø
Leading
market players covered this report comprise names such as Lapi Gelatine, Nitta
Gelatin, Sterling Biotech Group, India Gelatine and Chemicals and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for gelatin caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of
consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies has been taken into consideration before coming to
a conclusion.
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the gelatin market
v
Identification
of key factors driving investment opportunities in the gelatin market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants