Gelatin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Gelatin Market - Snapshot
Gelatin is regarded as a special and unique hydrocolloid, serving multiple functions with a wide range of applications. The main sources of gelatin include pigskin, cattle bones and cattle hide. Gelatin replacement has been a major issue in recent years due to the emerging and lucrative vegetarian, halal and kosher markets. It has recently gained increased interest, especially within Europe.
Gelatin is used as an excipient in the production of hard capsules and softgels. It has lower production costs, fewer manufacturing complexities and secures excellent active pharmaceutical ingredient (API) dissolution rates. It also helps protect sensitive ingredients from oxygen, light, microbial growth and other forms of contamination. Pharmaceutical gelatin offers a number of technical advantages over non-gelatin excipients such as HMPC for hard capsules and modified starch for softgels. In addition, it is the only excipient without e-number. So it’s considered a natural ingredient in accordance with the ISO technical specification on definitions and technical criteria.
Hydrolyzed gelatin is an important component of plasma substitutes, a class of parenteral formulation known as volume expander. When highly purified with low endotoxin level, it can be used to temporarily expand blood volume during medical emergencies.
Gelatin is a widely available hemostatic agent used by surgeons to minimize blood loss during surgery. Gelatin-based hemostats are typically made from gelatin derived from porcine collagen (pork skin), and come in the form of sponges, strips, powder or nanofibers. Gelatin-based hemostats can absorb more than forty times their own weight making them ideal for creating an artificial blood clot and stemming blood flow. When combined with thrombin, gelatin-based hemostats can also help in the formation of blood clots. Because gelatin is highly biocompatible, gelatin sponges can be left in the body and will naturally dissolve. Some of these in vivo applications require specific dissolution rates, so the gelatin sponges can be specially configured to suit individual needs.
Gelatin Market: Overview
Gelatin market is growing due to the increased usage of supplements and drugs in the pharmaceutical sector. The application of gelatin in 3D printing of human tissues and organs is a prime driving factor responsible for the gelatin market growth.
Gelatin is produced out of collagen that has been permanently hydrolyzed. This collagen is generally discovered in fish, bovines, pigs, and sheep, and is also considered as a robust source of protein. Gelatin consists 2-4% mineral salts, 8-12% water, and 85-90% protein. Preservative and additives-free gelatin that are edible are used extensively across the globe. Photography and cosmetics industry uses the gelatin in its non-edible form.
Gelatin Market: Notable Development
The gelatin market appears to be moderately fragmented with the presence of several players. This market research report will help clients identify new growth opportunities and design unique growth strategies. This can be achieved by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Some of the most prominent competitors operating in the competitive landscape of global Gelatin market include –
Gelatin Market: Key Drivers
The prime aspects boosting growth of the global gelatin market are the wide implementation of gelatin as a thickening agent, viscosity controlling, and cleansing. In the food and beverage sectors, gelatin is utilized as a stabilizing and gelling agent. This is due to delivering stability and consistency to food items like yogurt, candies, ice creams, marshmallows, and cakes. Gelatins are also well-known to improve the quality of hair and appearance of skin. This is due to which it is deployed in the production of numerous personal care items.
Gelatin Market: Geographical Outlook
Geographically, Europe was the leading section accounting for the maximum revenue share of the global market for gelatin in the past few years. Growing awareness towards inclusion of nutritious ingredients in food & beverages sector, specifically in developed countries is said to have a high effect on the gelatin market. Moreover, the existence of a strong drug production base in Belgium, Germany, and the U.K. is expected to remain a favorable factor.
Asia Pacific will experience the quickest growth in the forthcoming years. Optimistic outlook towards the healthcare industry in Malaysia and Thailand in light of growth in sales volume of pharmaceuticals is projected to promote the application of gelatin in the coming years.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report