Food & beverage industry was the
largest application segment, consuming 119.6 kilo tons of gelatin in 2015.
Rising awareness towards nutritional enrichment in foods & beverages is
expected to promote the use of the product in a broad range of applications
including confectionaries, dairy goods, desserts and meat products.
Full Research Report On Gelatin Market Analysis: http://www.grandviewresearch.com/industry-analysis/gelatin-market-analysis
Further key findings from the study suggest:
·
The global gelatin industry was
estimated at 412.7 kilo tons in 2015 and is anticipated to be 651.7 kilo tons
by 2024, growing at a CAGR of 5.3% from 2016 to 2024.
·
Bovine hide-based products are
projected to foresee volume growth at 4.9% CAGR from 2016 to 2024. Easy water
absorption and significant protein content are expected to promote the usage of
the aforementioned raw material over the projected period.
·
Elevated levels of peptides in
gelatin are supposed to support the incorporation of the product in personal
care products, particularly hair care creams, and cosmetic lotions. Rising
demand for organic personal care products in Germany, UK, and the U.S. in light
of increasing awareness regarding the advantages associated with natural
ingredients is expected to promote the use of gelatin over the next eight
years.
·
North America accounted for
24.4% of the global volume market share in 2015. The presence of
well-established meat manufacturers including Tyson Foods, JBF and Cargill in
the U.S. on account of easy access to equipment and consumables is expected to
have a favorable impact on the industry.
·
Increasing demand for frozen
foods in emerging markets of Turkey, Brazil, and Saudi Arabia in light of new
product launches by food & beverage manufacturers is expected to open new
industry avenues over the projected period.
·
Key industry participants
include PB Gelatin, Nikita AG, Rousselot, Capsugel Inc. and Sterling. New
product development and the establishment of strategic partnerships with buyers
are expected to remain critical success factors over the next eight years.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/organic-chemicals-and-compounds
Grand View Research has segmented the
global gelatin market by raw material, function, application and region:
Raw Material Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013-2024)
·
Pig Skin
·
Bovine Hides
·
Cattle Bones
·
Others
Function Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013-2024)
·
Stabilizer
·
Thickener
·
Gelling Agent
·
Others
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2012 - 2022)
·
Food & Beverage
o Confectionery
o Dairy Products
o Meat & Poultry Products
o Desserts
o Beverage
o Others
·
Nutraceuticals
·
Pharmaceuticals
·
Photography
·
Personal Care
·
Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013– 2024)
·
North America
o U.S.
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o Japan
o India
·
Latin America
o Brazil
·
MEA
o Saudi Arabia
View Press
Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-specialty-silica-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
For More Information: www.grandviewresearch.com
