The gelatin hydrolysates market is likely to record a strong CAGR 6.8% during the forecast period. The market is currently valued at US$ 917 Mn and is likely to reach US$ 1.6 Bn by 2032.
| Attributes | Details |
| Gelatin Hydrolysates Market CAGR (2022-2032) | 6.8% |
| Gelatin Hydrolysates Market Value (2022) | US$ 917 Mn |
| Gelatin Hydrolysates Market Value (2032) | US$ 1.6 Bn |
Gelatin hydrolysates, carrying protein and amino acids, are formed through several animal sources like cattle bones, fish, porcine and bovine skin. It is largely used as a gelling, thickening and binding agent, creating solutions at room temperature and forms multiple types of defusing in cold water at room temperature, increasing sales of gelatin hydrolysates.
As the gelatin hydrolysates don’t have any smell and taste that is used in multiple food-related applications. The use of gelatin hydrolysates in these applications are proliferating, increasing the sales of gelatin hydrolysates.
A rising number of small, medium and large-scale industries demand gelatin hydrolysates of different kinds (Exclusive & Uncommon gelatin hydrolysates). Covid-19 has impacted the market adversely, but new strategies opted by companies are helping them increase the sales of gelatin hydrolysates.
Gelatin hydrolysates are used as texturizers and gel former in the fruit gums and gelatin desserts, used as an emulsifier in low-fat food, sauces, and soups. Gelatin hydrolysates are used as stabilizers in milk products such as pudding, yoghurt, etc.
If any product requires its ingredient to bring together to maintain consistency and strength, then gelatin hydrolysates are the perfect adhesive to maintain the consistency of any food product, enhancing the demand for gelatin hydrolysates.
Gelatin hydrolysates can be used as foam former and whipping agents in ice cream, marshmallows, cake fillings, and mousse. Gelatin hydrolysates can be used as a partial or complete replacement of sugar as an adhesive in some food products.
The number of health-conscious consumers is increasing rapidly, and they prefer sugar-free products to maintain their diet and weight, enhancing sales of gelatin hydrolysates.
Due to health-conscious consumers, the demand for gelatin hydrolysates is growing across the world. Gelatin hydrolysates improve the wide bunch of products such as cereal bars, protein bars, smoothies, energy drinks, and other nutritious products.
Gelatin hydrolysates are neutral in taste, so it is used to add flavours to food products. Gelatin hydrolysates are widely used in the pharmaceutical, healthcare and nutraceutical industries. The pharmaceutical and healthcare industry is growing fast, which will be helpful to increase the growth rate of gelatin hydrolysates.
Europe is the dominating region in the gelatin hydrolysates market. The regional gelatin hydrolysates market in Europe is getting the benefit due to the presence of a major manufacturer of sugar confectionery such as Britannia Superfine and Astir.
The multiple new meat industries are starting in Europe, which will be an important factor for increasing the demand for gelatin hydrolysates in the region. In Europe, various slaughterhouses are present, which influence the gelatin hydrolysates manufacturer to set up their plant in this region.
Asia-Pacific is expected to be a lucrative region in the gelatin hydrolysates market. In Asia-Pacific, the meat processing industry is already established, which is a beneficial factor for the gelatin hydrolysates market.
Gelatin hydrolysates manufacturers are investing in the research and development to produce gelatin hydrolysates-based products as well as to improve the quality of the product. Specifically, India and China are the major contributors to increasing the demand for gelatin hydrolysates. In North America, moderate growth is sales of gelatin hydrolysates.
The key players of the Gelatin hydrolysates market are focusing on. The competitors also focus on factors like product launches, partnerships and innovative technology that drive the demand for Gelatin hydrolysates business. This drives the sales of Gelatin hydrolysates.
Key players in gelatin hydrolysates market include Itameline, Darling Ingredients, Gelnex, Sterling Biotech Group, Gelita, Junca Gelatines, Lapi Gelatines, Tessenderlo Group, Weishardt, Trobas Gelatine, Nitta Gelatin, Capsugel Inc, REINERT GRUPPE Ingredients GmbH, India Gelatine & Chemicals and Roxlor France.
| Report Attribute | Details |
| Growth Rate | CAGR of 6.8% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Source, End Use, Function |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Itameline, Darling Ingredients, Gelnex, Sterling Biotech Group, Gelita, Junca Gelatines, Lapi Gelatines, Tessenderlo Group, Weishardt, Trobas Gelatine, Nitta Gelatin, Capsugel Inc, REINERT GRUPPE Ingredients GmbH, India Gelatine & Chemicals and Roxlor France. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Europe is the biggest market for the gelatin hydrolysates market and is expected to hold a big portion of the market in the forecast period due to the rising manufacturing facilities, increasing demand for gelatin hydrolysates in this region.
Key competitors holding substantial gelatin hydrolysates market share are Itameline, Darling Ingredients, Gelnex, Sterling Biotech Group, Gelita, Junca Gelatines, Lapi Gelatines, Tessenderlo Group, Weishardt, Trobas Gelatine, Nitta Gelatin, Capsugel Inc, REINERT GRUPPE Ingredients GmbH, India Gelatine & Chemicals and Roxlor France.
Demand for Gelatin hydrolysates is likely to rise with its high use in multiple applications in industries like pharmaceuticals, nutraceuticals and healthcare. This increases the demand for gelatin hydrolysates.
Gelatin Hydrolysates Market
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