Meticulous Research® has released a comprehensive report titled, ‘ Gelatin Market Size, Share, Forecast, & Trends Analysis by Type (Type A, Type B), Source (Animal, Plant), Function (Stabilizers, Gelling Agents), Application (Food & Beverages, Personal Care, Pharmaceuticals, Nutraceuticals)—Global Forecast to 2031.’ According to this latest research, the gelatin market is expected to surpass $7.46 billion by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

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Key Market Drivers
The primary drivers of this market growth include the rising demand for gelatin in the pharmaceutical industry, an increasing preference for functional and convenience foods, the growing need for clean-label products, and the use of gelatin by athletes. Despite its popularity, the market faces challenges such as safety concerns and limited cultural acceptance, which may slow growth. However, the inclusion of gelatin in fortified confectionery and sports nutrition products presents a lucrative opportunity for stakeholders in the market.

Challenges and Opportunities
The gelatin market's challenges are mainly tied to the lack of advanced technology to extract and process gelatin efficiently. On the positive side, growing interest in health and wellness, as well as the medical and biomedical applications of gelatin, represent key trends that are expected to shape the market's future.

Key Players in the Gelatin Market
Major companies operating in this market include Rousselot (A Part of Darling Ingredients Inc.) (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), and others. These companies are actively driving innovation and expanding their market presence.

Segmentation by Type
The gelatin market is segmented by type, including type A and type B gelatin. In 2024, type A is expected to hold the largest share, accounting for over 54.5% of the market. This is due to its extensive use in the food & beverage industry and its high nutritional value. Type A gelatin is especially prized for its ability to improve product texture and mouthfeel, making it essential for desserts, confectioneries, and dairy products. Moreover, type A gelatin is forecasted to grow at a rate of 7.4% throughout the forecast period due to its superior gelling properties and storage stability.

Segmentation by Source
In terms of source, animal-based gelatin dominates the market, with an anticipated market share of over 91.2% in 2024. The wide use of animal-sourced gelatin in various food applications, combined with its low cost and availability, makes it the preferred choice for manufacturers. The demand for dietary supplements, driven by a shift towards protein-rich diets, is another factor boosting this segment. On the other hand, the plant-based segment is projected to grow at a CAGR of 7.6%, reflecting the increasing popularity of vegan diets and rising health consciousness globally.

Segmentation by Function
In 2024, the stabilizers segment is expected to hold the largest market share of over 40.6%, driven by the demand for improved texture, consistency, and shelf life in food products. Stabilizers are integral to maintaining product stability, viscosity, and sensory qualities, making them vital in dairy, dessert, and confectionery applications. The thickeners segment is anticipated to grow at a faster pace, with a CAGR of 7.8%, thanks to its ability to enhance viscosity without altering the base characteristics of the product.

Segmentation by Application
The food & beverages segment will continue to lead the market, with a share exceeding 51.3% in 2024. Gelatin’s gelling and stabilizing properties are critical for achieving the desired texture in food products, while its protein content makes it a valuable ingredient in protein bars and other functional foods. However, the nutraceuticals segment is set to experience the highest growth at 8.2%, propelled by the increasing demand for wellness products like powders, capsules, and drinks fortified with nutritional ingredients.

Geographical Insights
In 2024, Europe is expected to command the largest market share, accounting for over 39.2%. This dominance is attributed to a health-conscious aging population, rising demand for packaged foods, and the widespread use of gelatin in pharmaceuticals and cosmetics. Asia-Pacific, however, is poised to grow the fastest, with a CAGR of 8.5%, driven by a growing food industry, rising population, and increased demand for health and personal care products in countries like China and India.

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