IMARC Group’s latest report, titled “Gelatin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global gelatin market reached a value of nearly US$ 1,990 Million in 2016, growing at a CAGR of more than 6% during 2009-2016. Gelatin refers to a translucent, colourless and flavourless protein-rich substance derived from the collagen found in the bones, connective tissues and skin of pigs, cattle, and several other animals. It is produced by drying and soaking the animal body parts in a strong acid solution to release minerals and bacteria. Gelatin is then extracted from the soaked body parts, is sterilized and pressed into sheets for commercial use. Gelatin is popular worldwide on account of their gelling properties which thicken and solidify various food products, pharmaceutical drugs and cosmetics.
Highlights of the Global Gelatin Market:
- Growing food industry represents the major growth driving factor.
- On the basis of end-use, the food and beverage industry accounts for the majority of the market share.
- Europe holds the majority of the global share, representing the largest producer.
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One of the primary factors positively influencing the demand for gelatin is the flourishing food industry. Gelatin is used as a gelling agent in the manufacturing of various food products such as puddings, yogurts, gummy candies, fruit gelatin desserts, ice creams and marshmallows. The popularity of these food items as well as the growth of the food industry in the emerging regions has highly contributed to the growth of the gelatin market. Apart from this, the consumption of gelatin has several health benefits associated with it. Gelatin is rich in amino acids and is a great source of proteins. It aids in digestion and joint recovery and is also beneficial for the healthy growth of hair and nails. This factor coupled with rising health-consciousness among the consumers has been proactive in stimulating the global market growth. Moreover, the expanding applications of gelatin in the end-use industries, such as nutraceuticals, pharmaceuticals, photography and cosmetics, has provided the market with a strong thrust. According to the report, the market is further expected to reach a value of more than US$ 2,800 Million by 2022.
The market has been segmented on the basis of end-use. Currently, the food and beverage industry accounts for the majority of the global market share. Based on raw materials, pig skin-derived gelatin dominates the market. On the basis of region, Europe represents the leading producer of gelatin, accounting for nearly a half of the total global share. The other major markets include North America, Asia and South America. Some of the key players operating in the market are Gelita AG (Formerly DGF Stoess), PB Gelatin (Tessenderlo Group), Sterling Biotech Ltd, Rousselot SAS, Weishardt Group, Nitta Gelatin and Weifang Ensign Industry Co. Ltd.
To view the report summary and Table of Contents, click on: http://www.imarcgroup.com/ossein-gelatine-technical-material-market-report
The report has examined the global gelatin market on the basis of:
- Food and beverage industry
- Pig skin
- Bovine hide
- North America
- South America
- Gelita AG (Formerly DGF Stoess)
- Rousselot SAS
- PB Gelatin (Tessenderlo Group)
- Sterling Biotech Ltd
- Weishardt Group
- Nitta Gelatin
- Weifang Ensign Industry Co. Ltd.
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