The growing application in food & beverage, pharmaceuticals and nutraceuticals industries is a key factor responsible for the growing demand for gelatin. The growing awareness among the health conscious people supplemented with the rise in aged population is expected to further fuel the gelatin market growth.
Albany, NY -- (SBWIRE) -- 02/19/2016 -- The report on the global gelatin market based on the type of raw material analyzes global production volumes and revenues so as to offer an accurate forecast pertaining to overall market growth and product segments. The segmentation of the gelatin market has been done on three fronts: Raw materials, applications, and geography with the aim to offer a complete picture of the market. Regional as well as global market data for all segments has been provided for 2011 through 2018. The report also features a very comprehensive analysis of the competitive landscape within the gelatin market by raw materials.
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Overview of the Global Gelatin Market by Raw Material
Gelatin, which is derived from collagen, is considered a rich source of protein. It is obtained from sources such as fish, pigs, and sheep. Gelatin can be broadly classified as edible and inedible; the latter is used for the manufacture of cosmetics (such as nail polish) and in photographic papers and film. The edible variety of gelatin is sans any preservatives and additives.
The report studies the following raw materials in the gelatin market: bovine hide, pig skin, bones (from pig and cow), and other sources (fish and sheep skin). Considering that gelatin is extensively used in a variety of industries, it becomes imperative to study the global gelatin market based on applications. Thus, the report the studies the following applications: Food & beverage, pharmaceuticals, nutraceuticals, cosmetics, photography, and others (matchsticks, industrial, paintball and medical).
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The regional markets that feature in this analytical report are: North America (U.S. and Canada), Asia-Pacific (China, Japan and India), Europe (Germany, France, Belgium and U.K.), and Rest of the World (RoW).
The report states that two applications-pharmaceuticals & nutraceuticals and food & beverage-will push demand considerably over the forecast period accounting for a 25% market share each. However, considering that gelatin is almost always derived from animal-based sources, several consumers have reservations in consuming edibles with the ingredient. Cultural and religious factors also weigh heavily on the global gelatin market, proving to be major restraints in its growth.
While bovine hides and bones are the two largest sources for the derivation of gelatin, the study expects that bone-derived gelatin (from cows and pigs) will be the fastest growing raw material segment as bones contain collagen in large quantities. Pig skin represented the largest gelatin raw material type globally with a 42% market share. The other two segments of bovine hides and bones held a 55% share of the market. Bone is the fastest growing raw material segment as bones of pigs and cows consists of large quantities of collagen.
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Companies Mentioned in the Gelatin Market by Raw Material Study
The five leading companies in the gelatin market by raw material hold sway over 70% of the total revenues in the market. Rousselot S.A.S was the single largest gelatin manufacturer in 2011, holding 26% market share by volume. Other companies in this market are: Sterling Gelatin, Capsugel Inc., Gelita AG, Catalent Pharma Solutions, Nitta Gelatin Inc., PB Gelatins, Norland Products Inc., Roxlor LLC, and Weishardt Group.
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