The Global Gelatin Market is anticipated to gain traction due to rising consciousness to consume healthy food and growing use of gelatin in pharmaceuticals.
Gelatin comprises amino acids glycine and proline. It is derived from the bones, fibrous tissues, and organs of animals such as pigs and cows. The different types of gelatin include gelatin powder, collagen powder, and marine collagen among others. Gelatin is used in shampoos, cosmetics, food products such as puddings, candies, marshmallows, cakes, ice cream, and yogurts, and in photographic film. Gelatin is responsible for performing skin, hair, and nail growth, improved digestion, joints support and recovery, tightening skin, improved sleep cycles, enhanced mood and cognitive abilities, improves heart and bone functioning. Gelatin assists in overcoming hair loss, skin problems, weight issues, sleep disorders among others.
The increasing geriatric population and rising health concerns drive the growth of the global Gelatin market. There has been increasing awareness among consumers regarding the requirements of gelatin for efficient functioning of bodily functions, which supplement the growth of the market. Increasing consumption of functional food, and growing awareness regarding consumption of healthy food across the world also accelerate the Gelatin market growth. Other factors driving the market include improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific. Growing demand from emerging economies, increasing consumer awareness, rising use of gelatin in pharmaceutical and healthcare sector, and increasing concerns regarding preventive healthcare are factors expected to provide numerous growth opportunities in the coming years.
The global Gelatin market is segmented on the basis of source, application, and geography.
Geographically, the global Gelatin market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of geography, Europe is expected to dominate the global Gelatin market over forecast period. The rising geriatric population in the region, and high disposable income drive the Gelatin market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of gelatin supports market growth. The increasing demand of gelatin for pharmaceutical and cosmetics is expected to accelerate the adoption of gelatin during the forecast period. The increasing use of gelatin in personal care products in the region along with presence of numerous local players catering to the growing consumer needs has increased the adoption of gelatin in the region.
Key players in the global Gelatin market are: