Gelatin Market set to hit $7.2 billion by 2035
Industry revenue for Gelatin is estimated to rise to $7.2 billion by 2035 from $3.4 billion of 2024. The revenue growth of market players is expected to average at 7.0% annually for the period 2024 to 2035.
Gelatin is critical across several key applications including food & beverage, photography, pharmaceuticals and beauty & personal care. The report unwinds growth & revenue expansion opportunities at Gelatin’s Form, Applications, Animal Source and Production Process including industry revenue forecast.
Industry Leadership and Competitive Landscape
The Gelatin market is characterized by intense competition, with a number of leading players such as Rousselot Inc., Darling Ingredients Inc., Gelita AG, Tessenderlo Group, Italgelatine SpA, Sterling Gelatin, Weishardt, Nitta Gelatin Inc., Junca Gelatines, Trobas Gelatine BV, Lapi Gelatine S.p.a. and Gelnex..
The Gelatin market is projected to expand substantially, driven by food and beverage industry growth and advancements in pharmaceutical applications. This growth is expected to be further supported by Industry trends like Expanding Nutraceutical Market.
Moreover, the key opportunities, such as expanding gelatin applications in health & wellness industry, technological innovations in the gelatin market and gelatin market growth in emerging economies, are anticipated to create revenue pockets in major demand hubs including U.S., China, Germany, Brazil and Japan.
Regional Shifts and Evolving Supply Chains
North America and Asia Pacific are the two most active and leading regions in the market. With challenges like regulatory hurdles and vegan and vegetarian trend, Gelatin market’s supply chain from raw material procurement / extraction / processing & standardization to distribution & end use is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including Vietnam, Mexico and Turkey for revenue diversification and TAM expansion.
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