292.53 K MT growth in Gelatin Market | Driven by growing preference for convenience foods and beverages | Technavio

NEW YORK, Nov. 22, 2021 /PRNewswire/ — The gelatin market size is set to grow by 292.53 thousand MT from 2020 to 2025. Technavio’s latest market research report estimates that the gelatin market will be progressing at a CAGR of over 9% during the forecast period.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Darling Ingredients Inc., Ewald-Gelatine GmbH, Gelita AG, India Gelatine & Chemicals Ltd., Lapi Gelatine Spa, Nitta Gelatin Inc., SAS Gelatines Weishardt, Tessenderlo Group NV, and Trobas Gelatine BV are some of the major market participants. Although the growing preference for convenience foods and beverages and the growing importance of microencapsulation will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The report covers the following areas:

Gelatin Market 2021-2025: Segmentation

  • Material
    • Pig Skin
    • Bovine Hides
    • Bones
    • Others
  • Application
    • Food and Beverages
    • Nutraceuticals
    • Pharmaceuticals
    • Photography
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America

By material, the pig skin segment generated maximum revenue in the market in 2020. The market growth in the segment will be significant during the forecast period. In terms of geography, the market is expected to witness maximum growth in Europe. The region currently holds 39% of the global market share. Germany and France are the key markets for gelatin in Europe.

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Gelatin Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the gelatin market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Darling Ingredients Inc., Ewald-Gelatine GmbH, Gelita AG, India Gelatine & Chemicals Ltd., Lapi Gelatine Spa, Nitta Gelatin Inc., SAS Gelatines Weishardt, Tessenderlo Group NV, and Trobas Gelatine BV.

The growing preference for convenience foods and beverages will offer immense growth opportunities. However, the rising raw material costs will hamper the market growth.

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Gelatin Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist gelatin market growth during the next five years
  • Estimation of the gelatin market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gelatin market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gelatin market vendors

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Gelatin Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 9%

Market growth 2021-2025

292.53 thousand MT

Market structure

Concentrated

YoY growth (%)

7.52

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

Europe at 39%

Key consumer countries

Germany, US, China, France, and UAE

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Darling Ingredients Inc., Ewald-Gelatine GmbH, Gelita AG, India Gelatine & Chemicals Ltd., Lapi Gelatine Spa, Nitta Gelatin Inc., SAS Gelatines Weishardt, Tessenderlo Group NV, and Trobas Gelatine BV

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio

292.53 K MT growth in Gelatin Market | Driven by growing preference for convenience foods and beverages | Technavio WeeklyReviewer

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