Gelatin is an edible material made from the collagen of animal body parts such as the bones, skin and connective tissue of cattle, pigs, chicken, and fish that is used in food as a gelling agent, in pharmaceuticals, and in cosmetics. Major feedstock for gelatin manufacturing is pigskin, accounting for 38 percent, bovine skin for 33 percent, bovine bone for 26 percent and fish and poultry for 3 percent. Most gelatin suppliers are operating at 90-95 percent capacity in order to meet the demands from the market. When dry, gelatin is brittle and when it is moistened it becomes gummy and is colorless and flavorless.
The global gelatin market size in terms of volume is expected to reach 420 KT (kiloton) by 2020, growing at a CAGR (compound annual growth rate) of 2.3 percent. The food industry is the single largest end-user industry for gelatin, accounting for 64 percent of the market, followed by pharmaceuticals for 34 percent. However, the demand from pharmaceuticals is growing at a higher CAGR of 4-5 percent while the demand from the food industry is growing at a CAGR of 2-3 percent. High market maturity regions are the U.S. and Europe, while medium maturity regions are India, China, Japan, and Brazil, and low market maturity regions are Africa and the Middle East.
Gelatin Health Benefits And Global Gelatin Market Growth
Although the first use of gelatin for food purposes can be traced back to the 1400s, the popularity of gelatin grew in the 1800-1900s due to its versatility and is now gaining further popularity due to the health benefits it provides. Gelatin is a great source of protein, amino acids, and collagen, consisting of 98-99 percent protein and amino acids such as Glycine, Proline, Valine, Hydroxyproline and Glutamic acid. As people across the world are becoming more health-conscious, there is a greater demand for natural products that can improve health and reduce the need for medicines. The varied health benefits of gelatin are therefore expected to significantly improve the global gelatin market growth.
Image Source: organika.com
Although there are numerous health benefits of gelatin that are driving the growth of the market, there are challenges that the market faces. Substandard quality of gelatin is a significant concern, and the growing vegan movement has also led to the development of vegan-alternatives for gelatin. However, the high costs involved in using materials such as sea-weed for gelatin has reduced their viability as an effective substitute.
The health benefits and lack of suitable alternatives are expected to drive the growth of the gelatin market in the coming years. Apart from the direct health benefits of gelatin, it is used to form the base of pharmaceutical syrups, capsules, and hard and soft gel tablets.
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Great article.