Gelatin Market 2015: Global Industry Trends, Forecast, and Opportunity to 2022
The Global Gelatin market is estimated to grow at a CAGR of 8.25% from 2014 to 2022. Increasing use in nutraceuticals, recognition of preventive healthcare, Growing demand for technical textile and utilization of functional food are the major factors driving the market growth. Growing gelatin prices, food security concerns and threat of vegan gelatin substitutes are some of the factors hindering the market growth. Pharmaceuticals is the highest growing application segment.
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