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Bovine Gelatin Market According to a new report published by Allied Market Research, titled, “Bovine Gelatin Market by Powder, Nature, End Use Industry and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global bovine gelatin market size was valued at $2,811.5 million in 2020, and is expected to garner $6,153.8 million by 2030, registering a CAGR of 8.2% from 2021 to 2030. Capsule & Tablets form of products held the major share in 2020, and is likely to remain dominant throughout the forecast period.
Drivers, restraints, and opportunitiesRise in awareness of consumers towards the health benefits associated with it coupled with rise in disposable income, alteration of lifestyle, and high adaptation of healthy diet are the major bovine gelatin market trends. Moreover, development of the food & beverage industry furthers augments the growth of the market. However, stringent food regulations, social and religious food norms, and increased awareness towards animal conservation is anticipated to restrict the bovine gelatin market growth. The major factors that drive the growth bovine gelatin market are increase in nutraceuticals and pharmaceutical industries that manufacture drugs utilizing gelatin, increasing awareness about the consumption of nutrition rich food, and growing geriatric population.
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Bovine Gelatin Market Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/13778 Frontrunners in the industry
Bernard Jensen
Darling Ingredients
Gelita
Gelnex
Great Lakes Wellness
Lapi Gelatine Spa
Nitta Gelatin Inc.
Tessenderlo Group
Trobas Gelatine BV
Weishardt
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Bovine Gelatin Market On the basis of form, the capsule & tablets segment accounted for the maximum global bovine gelatin market share in 2020, and is expected to remain dominant during the bovine gelatin market forecast period. Bovine gelatin capsules &tablets are a solid oral dose form for the supplementation of life-saving medications. These handy packaging allow for accurate dosing, mobility, and excellent consumer compliance. Based on the nature, conventional segment held the major share in the market in 2020. Conventionally sourced bovine gelatin is comparatively economical for large-scale production, and hence is widely adopted by manufacturers. Consumers in the developing economies are conscious about the price they pay while making purchase decisions, and hence, rise in awareness about the health benefits of bovine gelatins leads to rise in consumption of conventional gelatin in the developing regions. Based on distribution channel, business to consumer held the major bovine gelatin market share and is likely to remain dominant throughout the forecast period. Business to consumer involves the sale of manufacturers’ product and services to retailers, which are further sold to consumers. Moreover, increase in government expenditure on retail channels along with pricing concession in medicines is augmenting the growth of the bovine gelatin market.
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Bovine Gelatin Market On the basis of region, Asia-Pacific dominated the bovine gelatin market in 2020, and accounted for maximum bovine gelatin market size. Asia-Pacific currently is one of the leading markets of the bovine gelatin market due to the extreme growing demand for Bovine Gelatin products in food and beverages and nutrition & supplements industry. Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/1a3158cf333d162a3d2d573df2bb5471 Key findings of the study
By form, the capsule & tablets segment held the highest share, accounting for 56.1% of the global bovine gelatin market.
Based on nature, the organic segment witnessed a major growth rate of 12.8%.
Based on end use industry, food & beverage segment held the major share of 48.2% of the bovine gelatin market.
Based on distribution channel, business to business segment witnessed a major annual growth rate of 12.9%.
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Bovine Gelatin Market
Covid-19 scenario
The outbreak of Covid-19 led to the enforcement of lockdown in almost all the countries across the world. It caused significant hardship to several industrial verticals along with the Bovine Gelatin Market. There were huge disruptions in the supply chain as well.
Nevertheless, the government bodies are now coming up with relaxations on the existing regulations to help different sectors get back on their feet yet again.
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Bovine Gelatin Market About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Bovine Gelatin Market Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
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