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The global gelatin market, valued at USD 8.41 billion in 2024, is projected to grow from USD 10.15 billion in 2025 to USD 57.16 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period. This growth is driven by the increasing demand for gelatin in various industries, including food and beverages, pharmaceuticals, and cosmetics. The Asia Pacific region, with its burgeoning food processing and pharmaceutical industries, is expected to witness the fastest growth in the gelatin market.
In North America, the gelatin market is influenced by factors such as advancements in food processing technologies and the growing demand for gelatin-based products in the pharmaceutical sector. The United States, being a major consumer and producer of gelatin, is anticipated to contribute significantly to the market growth. The presence of key players and the adoption of innovative manufacturing processes further bolster the market dynamics in this region.
Read More @ https://www.polarismarketresea....rch.com/industry-ana
Conversely, Europe has traditionally led the gelatin market, holding the largest revenue share of 41% in 2024. The demand for gelatin in Europe is primarily driven by its applications in the food and beverage industry, where it is used as a gelling agent in products like confectioneries and dairy items. Additionally, the pharmaceutical and healthcare sectors in Europe contribute to the steady demand for gelatin-based capsules and other products.
The competitive landscape of the gelatin market is characterized by the presence of several key players who are focusing on expanding their market share through strategic initiatives. These companies are investing in research and development to innovate and improve the quality of gelatin products, catering to the evolving consumer preferences and regulatory requirements.
• Darling Ingredients Inc.
• GELITA AG
• Nitta Gelatin Inc.
• Rousselot
• PB Leine
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