The global gelatin market is poised to reach USD 5.1 billion by 2028, exhibiting a CAGR of 6.6% during the forecast period until 2023, with the pharmaceutical segment anticipated to lead in growth. The surge in demand for "free-from" food products and increasing health consciousness among consumers are significant contributors to this market expansion. Furthermore, the nutraceutical and sports nutrition sectors are witnessing heightened demand due to gelatin's high protein content.
In 2023, the animal source segment is projected to dominate the market, as gelatin is commonly derived through partial hydrolysis of collagen sourced from various animals like marine, mammalian, poultry, and insects. Bovine and porcine bones and hides are the primary sources for commercial gelatin production, while marine-sourced gelatin is produced on a smaller scale.
Consumer choices in food and beverages are driven by taste, safety, and cost. The robust growth of Europe's food processing industry has bolstered the gelatin market, with the region hosting numerous food and beverage companies, forming a significant consumer base. The abundance of raw materials and the European population's high reliance on these sources contribute to the growth of the gelatin market in the region.
Europe stands out with the highest growth rate in the gelatin market, attributed to the health-conscious preferences of its consumers and their demand for nutritious and clean-label foods, along with the thriving pharmaceutical industry. Leading gelatin manufacturers such as Gelita AG, PB Leiner, Trobas Gelatine B.V., and Lapi Gelatine S.P.A. are actively present in Europe, driving product launches, joint ventures, and acquisitions to meet the escalating demands from the food, beverage, and pharmaceutical sectors.
Key players in the market, including Darling Ingredients, Tessenderlo Group, Nitta Gelatin, Inc., Gelita AG, Weishardt, Lapi Gelatine Spa, India Gelatine & Chemicals Ltd., Trobas Gelatine B.V., Sterling, Roxlor, Suheung, and Ewald Gelatin GmbH, are pivotal contributors to the dynamic growth of the gelatin market.
