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Global Gelatin Market Size Expected to Grow Up to $5.1B, Boosted by Clean-Label Claims
The global gelatin market size was valued at $3 7 billion by 2023, according to a report from MarketsandMarkets The gelatin industry is estimated to expand to $5 1 billion by 2028, exhibiting a compound annual growth rate of 6 6 percent over the projected period
The wider application scope, multiple functionalities and clean-label claim are eventually driving the global gelatin market growth
Consumers are increasingly demanding clean label food products that are free from artificial ingredients, according to the report Gelatin, being a natural ingredient, is gaining popularity as a clean label alternative to synthetic stabilizers and thickeners
There is an increasing demand for convenience food and beverages due to changing lifestyles, an increasing working population and consumers lacking the time and effort required to prepare homecooked food and are more inclined toward convenience food products, which, in general, are highly processed and lack essential nutrients, according to the report To counter these concerns, consumers increasingly prefer functional and fortified food & beverage products
Functional foods act as the perfect means for supplying essential micronutrients to the human body With the growing consumer awareness of food fortification and the rising demand for fortified food products, the demand for gelatin is growing at a higher rate Gelatin is majorly used in almost all food products as a functional ingredient
Demand for confectioner y products such as candies, chocolate bars, chewing gums and jellies is also rising The demand for confectionery food is driven due to the rise in income levels, economic growth and demand for convenience foods
The United States will be ranked as the leading exporter of confectionery products in 2022, according to the U S Department of Agriculture Canada, Mexico and the European Union are the major exporting markets for confectionery products for the United States
Gelatin has varied applications in the food, pharmaceutical, and nutraceutical industries It is used as a functional ingredient in food, to manufacture hard and soft capsules, and as a protein supplement
However, gelatin is an animal by-product formed from the collagen of slaughtered animals, including the bones, hides, and hooves of cattle, pigs, fish and poultry Individuals with religious or dietar y restrictions that forbid the consumption of animal products are not willing to consume those products that use gelatin
For instance, pork and pork-derived products are strictly forbidden in Middle Eastern and Muslim communities Instead, consumers there prefer to consume halalcertified bovine-derived products Therefore, the market for gelatin manufactured by pork skin is negligible in these regions
Similarly, In India, the consumption of cattle-derived products is culturally forbidden; the Hindu community does not generally consume beef and beef-derived products Hence, in this countr y, porkbased gelatin is mostly consumed
In addition, the Jewish population looks for kosher-certified products Kosher guidelines also inhibit the consumption of pigs and pig-derived products These cultural and regional outlooks can sometimes
Pose A Restraint To The Growth Of The Gelatin Market
The animal source segment is anticipated to dominate the gelatin market in 2023 Gelatin is obtained through partial hydrolysis of collagen extracted from connective tissues, skin, tendons and bones of various animal sources such as marine, including fish and squid, mammalian, poultry and insects
It is widely used in food, health & nutrition, pharmaceutical, cosmetics and personal care and other industries
Commercial production of gelatin is majorly from bovine and porcine bones and hides
Marine-sourced gelatin (fish) is produced and applied on a small scale For instance, 41 percent of the global gelatin production is sourced from pig skin, 28 5 percent from bovine hides and 29 5 percent from bovine bones
The pharmaceuticals segment is projected to grow at the fastest rate among all the other applications in the gelatin market
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, dentistr y 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
North America is the largest market for g f o r c l e a n l a b e l a n d n a t u r a l f o o d i n g re d ients, functional foods and collagen-based p ro d u c t s T h e re g i o n h a s a h i g h c o nsumption of gelatin due to its widespread u s e i n t h e f o o d a n d b e v e r a g e i n d u s t r y a s a s t a b i l i z e r a n d t h i c k e n e r T h e re g i o n i s also witnessing a growing demand for die t a r y s u p p l e m e n t s a n d n u t r a c e u t i c a l s , which is driving the growth of the gelatin m a r k e t
Europe is another significant market for gelatin, with countries such as Germany, France and the United Kingdom being the major contributors The region’s growth is driven by the increasing demand for functional and fortified foods, clean label products and collagen-based products The regulatory framework in Europe is also favorable for the use of gelatin in food and beverage products, which is boosting the growth of the market in the region
Asia-Pacific is a rapidly growing market for gelatin, driven by the increasing demand for dietary supplements, functional foods and pharmaceuticals Countries such as China and India are witnessing a significant increase in the consumption of gelatin due to their large population and growing middle-class population with rising disposable incomes
Latin America and the Middle East and Africa are also emerging markets for gelatin, driven by the increasing demand for functional and fortified foods, dietary supplements and pharmaceuticals
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