The global gelatin market is forecast to expand at a moderate pace of 5.8% over the forecast years 2022 to 2032, according to a new increase in the Fact.MR report . The net market share of gelatin is expected to increase from US$1.53 billion in 2021 to US$5.9 billion by 2032.
In today’s world, most consumers now prefer to consume collagen through food rather than injecting, which is expected to lead to an increase in demand for gelatin and collagen-enriched foods in the global food and beverage industry.
In addition, strict laws against porcine-derived gelatin in Islamic countries in the Middle East and North Africa are expected to curb the trend towards the introduction of gelatin in these parts of the world. Moreover, the frequency of diseases in the US and other regions, such as porcine epidemic diarrhea virus or porcine-associated PEDV, is expected to limit its availability as a raw material, thereby creating problems for gelatin market participants.
Some of the key players in the gelatin market include Darling Ingredients, Tessenderlo Group, Nitta Gelatin, , Weishardt, Italgelatine, Lapi Gelatine, Gelinex, Junca Gelatines, Torbas Gelatine, India Gelatine & Chemicals and others.
Fact.MR provides an unbiased analysis of the global gelatin market in its new offering, providing historical demand data (2017-2021) and forecast statistics for the period 2022-2032.
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Post time: Nov-23-2022
