Gelatin Market by Source (Animal Source and Plant Source), by Function (Stabilizer, Thickener, Gelling Agent, and Others), by Type (Type A and Type B), and by Application (Food & Beverage, Personal Care, Pharmaceutical, Nutraceutical, Photography, and Others)– Global Opportunity Analysis and Industry Forecast, 2024– 2030

Market Definition

The global Gelatin Market size was valued at USD 5.03 billion in 2023 and is predicted to reach USD 8.36 billion by 2030 with a CAGR of 7.6% from 2024-2030. Gelatin is a substance derived primarily from collagen, a protein primarily found in the connective tissues, bones, and skin of animals. It is a translucent, colorless, and flavorless material widely employed in food production for its properties as a gelling agent, stabilizer, thickener, and clarifying agent.

Commonly utilized in culinary applications, pharmaceuticals, photography, and cosmetics, gelatin contributes to the texture and consistency of various products. Its solubility in hot water enables it to form a gel-like substance upon cooling, facilitating its widespread use across industries.

Market Dynamics and Trends

The growing adoption of plant-based gelatin reduces dependence on animal-derived ingredients in the manufacturing process. This shift offers consumers a broader range of sustainable choices in foods, including confectionery items and desserts, consequently driving the gelatin market.

The plant-based options provide cruelty-free alternatives to vegetarian and vegan consumers which appeal to ethical consumers to avail the products. For instance, in January 2023, Alland & Robert launched a vegan gelatin alternative called Syndeo Gelling, made from plant-based hydrocolloids and gum acacia. This product is designed to address the texture and elasticity limitations of many existing vegan gelatin substitutes, offering low hardness, high elasticity, neutral taste, and colorlessness.

Moreover, gelatin's increasing adoption in pharmaceutical applications, particularly as a coating material for tablets and capsules, and in the production of gelatin capsules facilitating oral medication delivery, underscores its pivotal role in the industry. This surge in demand is further fueled by the increasing global pharmaceutical sales, driven by factors such as rising healthcare and drug expenditures along with population growth.

Notably, data from the U.S. Centers for Medicare & Medicaid Services reveals a significant uptick in prescription drug spending in 2022, with a notable 8.4% increase surpassing the growth recorded in the preceding year, 2021. This surge in pharmaceutical expenditure highlights the growing reliance on gelatin due to its multifaceted benefits, further cementing its position as a critical component in meeting the evolving needs of the pharmaceutical sector.

However, gelatin derived primarily from animal collagen has the potential to cause allergic reactions including skin and respiratory allergies in some individuals, which deter certain consumers from using animal-sourced gelatin-containing products.

On the contrary, the adoption of microencapsulation techniques, a method wherein small particles or droplets are encased in a thin gelatin coating to create microcapsules, is expected to create opportunities for the gelatin market in the upcoming years. By employing this method, active ingredients in pharmaceuticals, cosmetics, and food products can be enclosed within tiny capsules, allowing for precise delivery and protection.

Market Segmentations and Scope of the Study

The gelatin market is segmented based on source, function, type, application, and region. Based on source, the market is segmented into animal sources and plant sources. Based on function, the market is classified into stabilizers, thickeners, gelling agents, and others.

Based on type, the market is divided into type A and Type B. Based on application, the market is distributed into food & beverage, personal care, pharmaceutical, nutraceutical, photography, and others. The regional breakdown includes regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Geographical Analysis

Europe holds the dominant share of the gelatin market and is expected to continue its dominance during the forecast period. This is attributed to the region's increasing preference for natural and functional ingredients, including gelatin, in cosmetic products. This preference aligns with the growing consumer demand for healthier and more sustainable options in cosmetics and personal care.

As the European cosmetics and personal care industry expands, propelled by innovations and changing consumer preferences, the demand for gelatin continues to rise. According to Cosmetics Europe in 2022, Europe leads the global cosmetics and personal care industry with a remarkable valuation of USD 88 billion. This robust industry position further strengthens the demand for gelatin in Europe, solidifying its dominant share in the market and driving its continued growth during the forecast period.

Moreover, the rising demand for gelatin-infused food products, particularly confectionery items and desserts in Europe is propelling the growth of the gelatin market. Gelatin plays a crucial role in food products by acting as a gelling agent, stabilizer, and thickener for enhancing the texture and structure of various food products. As the food and beverage industry in Europe continues to expand, the demand for gelatin surges due to its widespread utilization in this sector.

According to the Federation of German Food and Drink Industries, the food and beverage industry in Europe experienced substantial growth in 2022, with total revenue reaching USD 20.7 billion. This marked a significant increase of 17.9% compared to the previous year, underscoring the industry's expansion and the corresponding rise in demand for gelatin-infused food products.

On the other hand, in the Asia-Pacific region, the gelatin market is steadily growing, owing to the rise in popularity of gelatin-containing food items, such as desserts, and snacks, in this region among the young population. 

With countries including India and China having the two largest shares of the global population, the market for gelatin experiences substantial growth as these populous nations contribute significantly to the overall consumption of gelatin-infused products. This demographic trend underscores the immense potential for growth in the gelatin market in the Asia-Pacific region, as the demand for gelatin-containing food items continues to increase alongside population expansion.

Also, the increasing purchasing power of Chinese consumers is fueling demand for higher-quality food products such as gummies, collagen-infused yogurt, and jellies, which typically contain high gelatin content, driving the gelatin market.

According to the People’s Republic of China, China’s per capita disposable income rose to USD 5,511 in 2023, marking a significant 6.3% increase compared to 2022. This upward trend in disposable income is driving consumers to seek out and invest in premium food experiences, thereby contributing to the growth of the gelatin market in China.

Competitive Landscape

Various market players operating in the gelatin industry include Gelita AG, Darling Ingredients Inc., Sterling Biotech Ltd., Weishardt Holding SA, Junca Gelatines SL, Nitta Gelatin, Inc., Yasin Gelatin, Shanghai Al-Amin Biotechnology Co., Ltd., Roxlor LLC, and Tessenderlo Group. These market players continue to adopt various market development strategies including product launches to maintain their dominance in the gelatin market.

For instance, in October 2023, Gelita launched two innovative ingredient solutions at the SupplySide West Expo. The first is EASYSEAL, a pharmaceutical-grade gelatin that reduces leakers, lowers processing costs and produces higher-quality end products. The second is PeptENDURE, a collagen peptide that enhances endurance performance. These products are part of GELITA's efforts to lead the way in the global health and nutrition market with innovative product launches.

Additionally, in November 2022, PB Leiner, a subsidiary of Tessenderlo Group launched TEXTURA Tempo Ready, a fast and easy-to-use texturizing gelatin solution designed to enhance chefs' ability to create fine dining experiences more efficiently.

The product is packed in a small-scale pouch and is accompanied by recipes and a Chef's manual. TEXTURA Tempo Ready is said to provide an excellent mouthfeel, intense flavor release, and enhanced stability over time, ultimately enhancing the dining experience for chefs and diners alike.

Key Benefits

• The report provides quantitative analysis and estimations of the gelatin market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the current and future gelatin market trends to depict prevalent investment pockets in the industry.

• Information related to key drivers, restraints, and opportunities and their impact on the gelatin market is provided in the report. 

• A competitive analysis of the key players, along with their market share is provided in the report.

• SWOT analysis and Porter's Five Forces model are elaborated on in the study.

• Value chain analysis in the market study provides a clear picture of the roles of stakeholders.

Gelatin Market Key Segments

By Source

• Animal Source

• Plant Source 

By Function

• Stabilizer

• Thickener

• Gelling Agent

• Others 

By Type

• Type A 

• Type B 

By Application 

• Food & Beverage

• Personal Care

• Pharmaceutical

• Nutraceutical

• Photography

• Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France    

  • Italy

  • Spain

  • Denmark

  • Netherlands

  • Finland

  • Sweden

  • Norway

  • Russia

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

REPORT SCOPE AND SEGMENTATION:

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