![]() The food & beverage application segment dominated with the highest revenue share of 56.52% in 2021. Increasing use of the product as an emulsifier in various food items such as bread, meat, chocolates, and ice creams is expected to fuel the market growth in the coming years. Emulsifiers are substances that stabilize an emulsion. ![]() ![]() ![]() Other functions of gelatin include its use for texturing as well as a protective agent and emulsifier. Moreover, the use of thickeners in cosmetics and personal care products is expected to fuel industry growth. Gelatin is added to various food types such as soups, salad dressings, sauces, and gravies. Additionally, it is used to improve the suspension of other ingredients that increase the stability of the product. Furthermore, it is often used as a food additive where the key attribute is taste. Gelatin is also used as a thickener to increase the viscosity of a solution or mixture without altering its properties. Such properties make gelatin ideal for stabilizing ice creams, margarine, spreads, dairy products, salad dressings, and mayonnaise among others. Moreover, they are responsible for giving a uniform nature or consistency to the product and retaining the flavoring compounds in dispersions. In addition, they help smoothen the food texture and provide body to the food. This high share is attributed to the properties such as emulsifying effects. The stabilizer function held the highest revenue share of more than 40% in 2021. According to National Health Service (NHS), the usage of porcine-based products in various vaccines and capsules as a stabilizer to ensure effectiveness and safety, especially during and post storage, is expected to drive the growth of the industry in the forthcoming years. These products are sourced from pork skin and bones. Porcine-based gelatin is among the traditionally used products. Such factors can hamper the overall market growth. In addition, according to OECD-FAO, bovine meat output among major producing countries like Australia, New Zealand, and European Union) fell due to the limited availability of animals. Department of Agriculture (USDA), commercial cow slaughtering in the year 2020 witnessed a decline of 2% in numbers compared to 2019. The increasing adoption of vegan culture around the world and the decrease in the slaughtering of animals like cows and buffalos are the factors expected to hamper the demand for bovine gelatin. Moreover, the rise in demand for dietary supplements globally on the account of shifting inclination of consumers toward healthy and protein-rich diets is expected to drive the growth of the segment. This is attributed to the increasing usage of bovine-based gelatin in various food & beverage applications. Source Insightsīovine source dominated with the highest revenue share of 34.84% in 2021. Furthermore, improvements in the supply chain and an increase in production levels may lead to stability in the prices of products in the coming years. In addition, the rise in demand is likely to be catered to by new production facilities in countries such as the U.S. The prices of raw materials are rising at a moderate rate on the account of the growing demand from end-use industries, especially food & beverage, and healthcare. It also depends on the region or country where the product is being manufactured. The prices of gelatin vary depending on the prices of its raw materials. As a protein, it contains numerous amino acids, which makes it useful in a wide range of applications including foods, beverages, pharmaceuticals, and cosmetics among others. Raw materials including pig skin, bovine hides, and bones are primarily obtained from slaughterhouses. Gelatin is derived from collagen, which is a natural protein present in the skin and bones. Non-edible products are mostly used in photography (nail photographic films & papers, glue, and polish) and cosmetics. Its most common form commercially available is edible gelatin, which does not contain any other preservatives or additives. Gelatin is a highly viscous semi-solid gel its composition includes 2% to 4% mineral salts, 85% to 90% protein, and 8% to 12% water. High demand for gelatin in functional food applications due to its ability to prevent several diseases, improve food quality, and in food fortification is expected to fuel the industry’s growth. The global gelatin market size was valued at USD 5.80 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from 2022 to 2030.
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