#Gelatin 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐝𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐢𝐭’𝐬 𝐰𝐢𝐝𝐞𝐫 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐬𝐜𝐨𝐩𝐞, 𝐦𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥𝐢𝐭𝐢𝐞𝐬.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=850

The wider application scope, multiple functionalities, and clean-label claim are eventually driving the global gelatin market growth. With rising health consciousness among consumers and demand for “free-from” food products, the gelatin market is expected to rise. Due to its high protein content, there has also been an increasing demand for gelatin from the nutraceutical and sports nutrition segments.

The global gelatin market will grow to USD 5.1 billion by 2028, growing at a CAGR of 6.6%.

The pharmaceutical segment is considered to be the fastest-growing segment due to an increase in the use of gelatin in medicines, hard and soft capsules, tablet coating, granulation, surgical sponges, tableting, microencapsulation, and encapsulation.

It is also used in plastic surgery, wound care, orthopedics, dentistry, and cardiovascular practices. Increasing instances of health and medical issues are mainly responsible for the overall growth in the usage of gelatin in medical applications.

Europeans are health-conscious and often scrutinize the ingredients on the labels before purchasing them. This high level of awareness has resulted in the rise in demand for nutritious and clean-label foods in Europe. The growing demand for convenience and functional foods in Europe due to fast-paced lifestyles and health-conscious consumers, along with the growing pharmaceutical industry, creates growth opportunities for the gelatin market.

Key players in this market include Darling Ingredients (US), Tessenderlo Group (Belgium), Nitta Gelatin, Inc. (Japan), Gelita AG (Germany), Weishardt (France), Lapi Gelatine Spa (Italy), India Gelatine & Chemicals Ltd. (India), Trobas Gelatine B.V. (Netherlands), Sterling (India), Roxlor (US), Suheung (South Korea).