The bovine gelatin market is expected to see significant growth due to the consumer preference for a healthy lifestyle.
Gelatin is formed by partial hydrolysis of collagen. During this process, the collagen triple helix breaks down into individual strands. This molecular structure is soluble in hot water and solidifies on cooling. In addition, hydrolysis of these gelatins leads to the formation of peptides. During this process, individual protein chains are broken down into small peptides of amino acids. These peptides are soluble even in cold water, easy to digest and ready to be absorbed by the body.
Increasing consumer awareness of its associated health benefits, coupled with rising disposable income, lifestyle changes, and widespread adoption of healthy eating habits, are key trends in the bovine gelatin market. Moreover, the development of the food and beverage industry further contributes to the growth of the market. However, strict food regulations, social and religious food regulations, and increased awareness of animal welfare are expected to hold back the growth of the bovine gelatin market.
The main factors driving the growth of the bovine gelatin market are the growth of the nutraceutical and pharmaceutical industries using gelatin to produce medicines, increasing awareness of the consumption of nutrient-dense foods, and the growth of the geriatric population. The high cost of gelatin, used in large quantities to make capsule shells, and the availability of alternative ingredients are holding back market growth.
In addition, increasing people’s awareness of food fortification is an opportunity for the development of the bovine gelatin industry in the future.
Based on market analysis of bovine gelatin, the market is segmented into forms, properties, end-use industries and marketing channels. According to the form, the market is divided into powders, capsules and tablets and liquids. Depending on the nature, the market is divided into organic and traditional. Food and beverage, cosmetics and personal care products, pharmaceuticals, etc. are the end-use industries studied in the report. Based on the distribution channel, the two channels explored in the report are business-to-business and business-to-consumer. In addition, the business-to-consumer segment is subdivided into supermarkets/hypermarkets, specialty food supplement stores, pharmacies and pharmacies, and online stores.
In 2020, the main market share was in the capsules and tablets segment. Gelatin capsules are safe and meet and often exceed guidelines for use in pharmaceuticals or health and nutrition supplements.
Depending on the end-use industry, the food and beverage segment accounted for the bulk of the bovine gelatin market in 2020. It is widely used in food and beverages due to its outstanding gelling and stabilizing properties. Recently, there has been an increase in the consumption of foods such as pasta, jellies, jams and ice cream. Gelatin is also used to make cakes, pastries, and desserts. This is driving the growth of the bovine gelatin market.
The B2B segment represents the major market growth rate during the bovine gelatin market forecast period. Business to business includes brick-and-mortar stores, sales directly through your own website, and door-to-door sales. In addition, business transactions participate in a business channel.
Demand for food products such as pasta, noodles, jams, jellies and ice cream in the Asia-Pacific region is expected to increase significantly due to the use of gelatin as a stabilizer in these foods. The growth of the bovine gelatin market is driven by an increase in demand for healthy foods and processed foods due to rapid modernization and lifestyle changes. Demand for bovine gelatin in the region is also driven by growing demand for cosmetics and personal care products, pharmaceuticals, food and beverages. In addition, the growing demand for packaged food in countries such as the US and Canada has also increased the demand for bovine gelatin, which is used in food packaging to ensure food stability and extend shelf life.
Post time: Feb-23-2023
