The global food grade gelatin market size was valued at USD 1,597.71 million in 2020 and is expected to expand at a CAGR of 3.99% during the forecast period, 2021–2028. The growth of the market is attributed to consumer demand for high-quality foods.
Gelatin is a naturally occurring protein that is produced when collagen, which is found in animal skin and bones, is partially hydrolyzed. Gelatin is a great gelling agent because of its unique capabilities as an emulsifier, binder, and thickener. The amino acid sequence of gelatin is remarkable that it has a high percentage of glycine, proline, and alsnine. The bioactivities of gelatin are found in its core structure as physiologically active peptide sequences.
Furthermore, as individuals get more involved with their cooking at home, the need for gelatin has increased. It is one of the best ingredients for providing homemade cuisine the right texture, creaminess, and artistic touch because of its multi-functional characteristics. Gelatin base, which is composed out of gelatin powder, sugar, and other ingredients, is used to make artisanal pastries, desserts, and other specialized foods. There are no carbs or lipids in pure food gelatin powder, only protein. Gelatin powder includes around 23 calories and 6 grammes of protein in a one-ounce container.
The COVID-19 pandemic had a huge impact on the gelatin industry, with many outlets closing or decreasing their hours of operation. However, gelatin demand is projected to remain stable in the coming years. Players are strengthening their supply chains and stockpiles to match the demand for immunity-boosting items as the coronavirus disease are gradually subsiding globally.
Food Grade Gelatin Market Trends, Drivers, Restraints, and Opportunities
- Rising customer tastes for high-quality food is a key factor that drives the market growth during the forecast period.
- Wide applications of gelatin base, which is composed out of gelatin powder, sugar, and other components, in the preparation of artisanal pastries, desserts, and a variety of other specialty foods. This is a key factor that propels the market.
- Increasing demand for functional food and growing awareness about food supplement are projected to boost the market in the coming years.
- High pricing and decreasing availability of raw materials of the food grade gelatin are major challenges that can hinder the market growth during the targeted period.
- Rising consumers’ demand for high-protein foods present a key factor that creates lucrative opportunities for the market expansion in the coming years.
Scope of the Food Grade Gelatin Market Report
The report on the global food grade gelatin market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Food Grade Gelatin Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Applications (Dairy & Desserts, Meat & Meat Products, Nutraceuticals, Confectionery, Beverages, and Others) and Sources (Cattle Bones, Pigskin, Bovine Hides, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Tessenderlo Group; Darling Ingredients; Nitta Gelatin Company; Gelita AG; and Foodchem International Corporation
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Food Grade Gelatin Market Segment Insights
Confectionery segment to expand at a considerable CAGR
On the basis of applications, the food grade gelatin market is segmented into dairy & desserts, meat & meat products, nutraceuticals, confectionery, beverages, and others. The confectionery segment is projected to expand at a considerable CAGR during the forecast period due to the increasing demand for artisanal pastries, desserts, and a variety of other specialized foods. On the other hand, the dairy & desserts segment is anticipated to account for a major market share during the forecast period as many dairy products including yoghurts and ultimate ice creams use gelatin as a texturizer to minimize the starch's floury texture.
Bovine hides segment to hold a significant share of the market
In terms of sources, the market is divided into cattle bones, pigskin, bovine hides, and others. The bovine hides segment is expected to hold a significant share of the market ascribed to rising demand for healthy food grade that gives dosage of types 1 and 3 collagens. However, the pigskin segment is projected to account for significant market share in the coming years as pork provides roughly 45% of the world's gelatin products.
North America is anticipated to constitute a key market share
In terms of regions, the food grade gelatin market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to the growing popularity of gelatin as a low-calorie food among a large number of health-conscious population in the region. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to wide consumption of dessert and confectionery consumption in the region.
Segments
The global food grade gelatin market has been segmented on the basis of
Applications
- Dairy & Desserts
- Meat & Meat Products
- Nutraceuticals
- Confectionery
- Beverages
- Others
Sources
- Cattle Bones
- Pigskin
- Bovine Hides
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global food grade gelatin market are Tessenderlo Group; Darling Ingredients; Nitta Gelatin Company; Gelita AG; and Foodchem International Corporation. These players have invested to improve their products to make them progressively adopted in industries such as food and beverage, confectionary, dietary supplements, and others. Several global corporations are competing market dominance by utilizing a range of strategies to develop their presence.