Press release
Bovine Gelatin Market Insights: Current Status and Future Directions 2024 - 2031 | Nitta Gelatin, Inc., Lapi Gelatin S.p.A.
Bovine Gelatin Market
The bovine gelatin market is estimated to be valued at USD 1.40 Bn in 2024 and is expected to reach USD 2.23 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Market Dynamics:
The bovine gelatin market is expected to witness significant growth over the forecast period owing to the increasing demand from food and beverage industry. Gelatin is widely used in various food products such as yogurt, ice cream, pie fillings, candies, marshmallows, and fruit snacks. It plays a key role as a gelling and thickening agent to maintain the structure and texture of these food items. Moreover, gelatin made from bovine hides and bones is inexpensive compared to other sources, which makes it widely acceptable in the food processing industry. The growing confectionery and bakery industries are further expected to propel the demand for bovine gelatin over the forecast period.
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Bovine Gelatin Market Drivers: Increased Consumption of Protein Based Food Products
The global bovine gelatin market is primarily driven by the increased consumption of protein based food products across the world. Gelatin being a denatured collagen protein extracted from animal bones and skin, finds widespread application in a variety of food products including desserts, candies, pastries, frozen desserts and yogurts among others. The popularity of high protein diet among health conscious consumers has contributed significantly to the growth of gelatin based confectionery and dairy products. Moreover, gelatin is commonly used as a thickening, stabilizing and gelling agent in processed meats like sausages. The meat industry has witnessed strong growth over the past few years owing to rising affluence and changing consumer food preferences in developing nations. All these factors have fueled the demand for bovine gelatin from the food industry.
Bovine Gelatin Market Opportunity: Innovations in Medical Applications
One of the key opportunities for players in the bovine gelatin market lies in innovating new medical applications of the biomaterial. Gelatin is increasingly being investigated for its wound healing and reconstructive properties in the field of regenerative medicine and tissue engineering. Researchers are experimenting with gelatin based scaffolds alone or in combination with other biomaterials for developing skin/soft tissue substitutes, bone grafts, cartilage implants and drug delivery matrices. Some ongoing areas of focus include development of gelatin dressings/membranes for burn wounds and chronic ulcers, gelatin hydrogels for cartilage regeneration and gelatin cryogels for sustained internal drug release. Successful commercialization of any such product would provide lucrative growth avenues. Besides, collaborating with medical device or pharma companies allows gelatin manufacturers to capitalize on the immense potential offered by the healthcare sector.
Bovine Gelatin Market Trend: Rising Demand for Halal and Kosher Certified Variants
One of the key trends observed in the bovine gelatin market is the rising demand for halal and kosher certified variants, especially from the Middle East, Southeast Asia and certain Western countries. While gelatin is permitted for consumption by various religions and regions, the source animal and production process must adhere to religious requirements. Manufacturers are actively focused on procuring bovine gelatin from allowed animal bodies and wastage as prescribed by Islamic and Jewish laws. They are investing in dedicated production facilities and obtaining necessary certifications. This allows them to address a wider consumer base and make marketplace gains. With worldwide Muslim population exceeding 1.8 billion, the halal certified segment will
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Top Companies Included in This Report:
★ Nitta Gelatin Inc.
★ Lapi Gelatin S.p.A.
★ Jellice Pioneer Europe B.V.
★ Darling Ingredients Inc.
★ Gelita AG
★ Merck KGaA
★ Lonza Group
★ Bernard Jansen Products Inc.
★ Luoyang Leston Import and Export Trade Co., Ltd.,
★ Nutra Food Ingredients LLC
★ Lapi Gelatine
★ Foodchem International Corporation
★ Foodmate Co., Ltd.,
★ YASIN Gelatine
★ Vizag chemical
★ Vikranth Chemical Corporation
Market Segmentation:
By Product Type:
★ By Form: Powder, Capsule & Tablets, Others
By Applications:
★ By Application: Food and beverages, Cosmetics & personal care, Pharmaceuticals, Others
Key Regions/Countries are Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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The report offers insights on the following topics:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Competitor Landscape of the Bovine Gelatin Market by Players
Chapter 4: Market Size of the Bovine Gelatin Market by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, Recent Developments, and Investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Analysis of Value Chain and Sales Channels, including notable product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
Ultimately, the Bovine Gelatin Market report serves as a reliable source for acquiring market research to significantly enhance your business. It furnishes essential insights into regional economic conditions, product pricing, profitability, capacity, production, supply, demand, market growth rate, and forecasts. Additionally, the report includes a SWOT analysis, investment feasibility analysis, and return on investment analysis for new projects within the Bovine Gelatin industry.
Should the aforementioned report not meet your precise requirements, we offer customized research tailored to comprehensively address your specific business needs. Our customized research will encompass all the pertinent business information necessary to assist you in making strategic and profitable business decisions.
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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