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Sonal Phulambrikar posted an update
𝐅𝐫𝐨𝐦 𝐂𝐚𝐩𝐬𝐮𝐥𝐞𝐬 𝐭𝐨 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬: 𝐇𝐨𝐰 #Gelatin 𝐢𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐌𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬
𝐆𝐞𝐭 𝐏𝐃𝐅📚 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=850
The gelatin market is experiencing robust growth driven by advancements in pharmaceutical-grade products, increasing biomedical applications, and evolving consumer preferences.
However, cultural restrictions and challenges related to animal-borne diseases must be navigated carefully. The expanding opportunities in emerging markets and ongoing innovations will likely shape the future trajectory of the gelatin industry.
The global gelatin market is on a robust growth trajectory, with an estimated value of USD 4.0 billion in 2024 and a projected rise to USD 5.6 billion by 2029, marking a notable CAGR of 6.9% during this period.
This surge is driven by increasing consumer health consciousness and the growing demand for nutritive ingredients across various sectors.
𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: The gelatin market is expanding due to advancements in food technology and rising consumer interest in health and wellness products. Gelatin, sourced from both animal and plant origins, is becoming increasingly integral to diverse applications in food & beverages, pharmaceuticals, health & nutrition, cosmetics, and animal feed.
𝐁𝐨𝐯𝐢𝐧𝐞 𝐆𝐞𝐥𝐚𝐭𝐢𝐧: Bovine-derived gelatin is set to capture a significant share of the market. Notably, JBS S.A. recently inaugurated a new collagen and gelatin production facility, investing USD 77.45 million. This facility will enhance the production capacity to 6000 tonnes annually, meeting the growing demand in food and pharmaceutical applications.
𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐒𝐞𝐜𝐭𝐨𝐫: Anticipated to be the fastest-growing segment, gelatin’s use in pharmaceutical applications—including capsules, tablet coating, and blood plasma substitutes—is driving substantial growth. Innovations such as PB Leiner’s new gelwoRx Dsolve products highlight the sector’s dynamic expansion.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: North America is expected to hold a substantial portion of the market, fueled by health concerns, a strong pork and beef industry, and a robust food processing sector. The US, in particular, is seeing a rise in gelatin demand due to its use in treating conditions like arthritis.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Prominent companies in the gelatin market include Darling Ingredients, Tessenderlo Group, GELITA AG, Nitta Gelatin, and several others. These players are focusing on expanding their production capacities and innovating to meet market demands.
#GelatinMarket #Pharmaceuticals #FoodIndustry
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Demand for Gelatin Products is Rising in the Pharma & Food Industry
The global gelatin market is poised for significant growth, with an estimated value of USD 4.0 billion in 2024 and projected to reach USD 5.
