Meticulous Research® estimates the gelatin market will exceed $7.46 billion by 2031, with a CAGR of 7% from 2024 to 2031. The market's expansion is driven by rising gelatin usage in pharmaceuticals, growing demand for functional and convenience foods, increased preference for clean-label products, and gelatin’s benefits for athletes. However, the market faces obstacles such as safety concerns and cultural restrictions. Opportunities lie in fortified confectionery and sports nutrition, though challenges remain due to limited technology for gelatin extraction and processing. Current trends highlight a focus on health and wellness and innovative medical and biomedical applications.

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Key Players

Leading companies in the gelatin market include Rousselot (Netherlands), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), ITALGEL S.p.A. (Italy), Lapi Gelatine S.p.a. (Italy), Tessenderlo Group NV (Belgium), Trobas Gelatine B.V. (Netherlands), Ewald-Gelatine GmbH (Germany), Juncà Gelatines SL (Spain), Gelnex (Brazil), Shanghai Al-amin Biotech Co., Ltd (China), India Gelatin & Chemicals Ltd. (India), C.J. Gelatine Products Limited (India), and Luohe Wulong Gelatin Co. Ltd. (China).

Market Segmentation

By Type: The Type A segment is projected to dominate with over 54.5% of the market share in 2024, driven by its extensive application in the food industry and superior nutritional profile. The segment is expected to grow at a rate of 7.4%, benefiting from excellent gelling properties and stability.

By Source: Animal-sourced gelatin is anticipated to account for over 91.2% of the market share in 2024, attributed to its widespread use, cost-effectiveness, and availability. Meanwhile, the plant-based segment is expected to grow at a rate of 7.6%, fueled by vegan trends and increased health and environmental consciousness.

By Function: Stabilizers are projected to hold a market share of over 40.6% in 2024 due to their role in enhancing the texture, consistency, and shelf life of food products. The thickeners segment is expected to experience the highest growth rate of 7.8%, driven by its ability to improve liquid viscosity without altering inherent characteristics.

By Application: The food & beverages segment is forecasted to dominate with over 51.3% of the market share in 2024, thanks to gelatin's crucial role in achieving desired texture and consistency in various products. The nutraceuticals segment is set to grow at the highest rate of 8.2%, driven by increasing demand for dietary supplements.

By Geography: Europe is expected to lead with over 39.2% of the market share in 2024, driven by health awareness, an aging population, and a demand for packaged products. The Asia-Pacific region is anticipated to grow at the highest rate of 8.5%, supported by industrialization, rising health awareness, and a burgeoning food processing industry.

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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