GITNUX MARKETDATA REPORT 2024

Gelatin Industry Statistics

Gelatin industry statistics show a steady growth in demand driven by the increasing use of gelatin in various applications such as food, pharmaceuticals, and cosmetics.

In this post, we explore a comprehensive overview of the global gelatin industry, backed by a multitude of key statistics. From market values and projections to regional insights and major players, the data paints a vivid picture of the evolving landscape of gelatin production and consumption around the world. Join us as we dissect the numbers shaping this dynamic industry at https://gitnux.org/gelatin-industry/.

Statistic 1

"The global gelatin market was valued at 2.66 billion USD in 2022."

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Statistic 2

"The gelatin industry is projected to reach 4.08 billion USD by 2028, growing at a CAGR of 5.9%."

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Statistic 3

"Europe held the largest market share of 35.1% in 2019 because of high gelatin consumption in the pharmaceutical industry."

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Statistic 4

"The food & beverage industry accounted for over 30% of total global gelatin demand in 2020."

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Statistic 5

"The pharmaceutical industry is expected to show a significant growth rate of 7.2% in the gelatin market from 2021 to 2028."

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Statistic 6

"The Asia-Pacific gelatin market is projected to record the highest CAGR of 7.7% during the forecast period 2021-2028."

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Statistic 7

"The United States accounted for the largest share in the North American gelatin market in 2020."

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Statistic 8

"Pig skin accounted for over 40% of gelatin production globally."

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Statistic 9

"The collagen peptide segment is expected to exhibit a CAGR of 7.5% in the gelatin market from 2021 to 2028."

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Statistic 10

"Gelita AG, Darling Ingredients, Nitta Gelatin Inc., and Weishardt are key players in the global gelatin market."

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Statistic 11

"Gelatin is derived mainly from pork skin (46%), bovine hides (29.4%) and bones (23.1%)."

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Statistic 12

"The global gelatin industry is highly concentrated, with the top five producers accounting for more than 70% of the total market."

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Statistic 13

"Global gelatin production was around 412,609 tons in 2020."

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Statistic 14

"China is the world's biggest consumer and producer of gelatin."

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Statistic 15

"The gelatin market in Latin America is expected to grow at a CAGR of 5.3% from 2021 to 2028."

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Statistic 16

"The gelatin market is expected to grow due to growing demand in applications like nutraceuticals, pharmaceuticals, and food & beverages."

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Statistic 17

"The bone gelatin segment is expected to grow at a CAGR of 5.5% from 2021 to 2028."

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Statistic 18

"By 2025, edible gelatin is expected to control about 40% of the gelatin market."

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Statistic 19

"Hard capsules made up 23.7% of the pharmaceutical gelatin application in 2020."

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Statistic 20

"Gelatin from bovine hides is expected to witness significant gains, at over 6.3% up to 2028."

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In conclusion, the global gelatin industry is experiencing steady growth, driven by increasing demand from various sectors such as pharmaceuticals and food & beverages. Key regions like Europe and Asia-Pacific are significant contributors to this market expansion, with specific segments like collagen peptides and bone gelatin showing promising growth rates. The industry is dominated by a few major players, and production is primarily sourced from pig skin, bovine hides, and bones. Looking ahead, the future of the gelatin market looks robust, with projections indicating continued expansion in both consumption and production, driven by factors such as rising demand in emerging markets and evolving applications in nutraceuticals and pharmaceuticals.

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