Gelatin is a translucent, colorless, flavorless food ingredient which is derived from collagen of animals. It is irreversibly hydrolyzed form of collagen, wherein the hydrolysis reduces protein fibrils into smaller peptides. Common examples of foods that contain gelatin are gelatin desserts, trifles, aspic, marshmallows, candy corn, and confections such as Peeps, gummy bears, fruit snacks, and jelly babies. It is used as a stabilizer, thickener, or texturizer in foods such as yogurt, cream cheese, and margarine.
Gelatin Market: Key Players
The research study includes profiles of leading companies operating in the global Gelatin market. Key players profiled in the report include: Darling Ingredients, Gelita, Nitta Gelatin, Tessenderlo Group, Trobas Gelatine, Lapi Gelatine, Sterling Biotech Group, Junca Gelatines, Gelnex, and Italgelatine.
Darling Ingredients has acquired Triple-T Foods Arkansas which is a US based company of pet food ingredient. This acquisition is expected to help the company in expanding their premium protein business.
Drivers for the Global Gelatin Market:
Wide array of applications of gelatin in food and pharmaceutical industries boost the growth of gelatin market across the globe. Additionally, people are shifting towards healthy lifestyle with nutritious diet. Further, booming pharmaceutical industry acts as the major drivers for global gelatin market.
Opportunities for the Global Gelatin Market:
Hike in the demand from the pharmaceutical industry is expected to influence the gelatin market in near future. Moreover, rising demand in different applications such as photography and cosmetics is anticipated to lay significant growth opportunities in the global gelatin market.
Restrains for the Global Gelatin Market:
The raw materials used in manufacturing of gelatin have certain regulations that are intended for human consumption. They should abide to stated residual limits and go through specific treatments to reduce the disease occurrence among humans. Thus, it may hamper the growth of gelatin market.
Region Wise, Global Gelatin Market Analysis:
Europe held the largest share of gelatin market. The dominance in this region is credited to the high demand for nutritional and functional food & beverage products along with the growing pharmaceutical industry. Moreover, the abundant availability of raw materials as well as the presence of key gelatin manufacturing contributes to the growth of the market in the region. Asia Pacific region is expected to show growth at high CAGR value due to growing population and increasing spending on healthcare. This is followed by North America region.
Global Gelatin Market: Product analysis
- Bovine Skin
- Bovine Bone
- Fish & Poultry
Global Gelatin Market: Application analysis
- Pharmaceuticals & Healthcare
Global Gelatin Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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