According to the latest report by Meticulous Research®, titled “Gelatin Market Size, Share, Forecast, & Trends Analysis”, the gelatin market is projected to grow at a CAGR of 7%, reaching over $7.46 billion by 2031. The market’s expansion is attributed to the increasing use of gelatin in pharmaceutical products, consumer preference for functional foods, and a rise in clean-label products. Nonetheless, the market faces hurdles from cultural restrictions and safety concerns.

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Growing Use in Sports and Fortified Foods
Gelatin’s growing application in fortified and sports nutrition products is creating promising growth avenues for stakeholders. Technological limitations in gelatin extraction and processing, however, present challenges. Health and wellness trends also drive the inclusion of gelatin in biomedical applications, supporting the market’s advancement.

Leading Players in the Market
Key companies influencing the market include Rousselot (Netherlands), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), and others. Their product innovations and expansions are fundamental to meeting the increasing market demand and supporting the industry's steady growth.

Segmentation by Type: Type A Dominance
Segmented by type, source, function, application, and geography, the type A gelatin segment is projected to capture over 54.5% of the market share by 2024. This type’s prominence is due to its extensive use in food applications and its notable gelling properties, which enhance the texture of various foods.

Animal Sources Leading the Market
Animal-sourced gelatin, primarily derived from bovine and porcine sources, is expected to represent more than 91.2% of the gelatin market by 2024, driven by availability and cost benefits. However, the plant-based segment is set to witness the highest growth, fueled by the global rise of veganism and environmental awareness.

Food & Beverages as Key Application Segment
Accounting for over 51.3% of the market, gelatin is crucial to the food & beverage industry for its unique gelling and texture-enhancing capabilities. Gelatin’s protein content makes it suitable for functional foods, especially in Europe, where health awareness is on the rise.

Regional Insights: Europe and Asia-Pacific
In 2024, Europe is projected to lead the global market with a share of 39.2%, driven by health trends and aging demographics. Asia-Pacific, however, is set to grow rapidly, supported by a rising food processing sector, increased health awareness, and high demand for personal care products.

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