Global Gelatin Market 2017-2021
Gelatin is a colorless, flavorless, semi-transparent, and brittle collagen product. It is a protein food product generally derived from the several animal sources. It is used in several applications as a stabilizer, thickener, and gelling agent. Gelatin is normally graded into categories as per its quality and strength, and the unit is named as 'bloom.' A greater bloom number signifies a high quality of gelatin. The color of the gelatin product is depended on the raw material type. The superior quality of gelatin are high molecular weight compounds and with better gel strength.
Technavio’s analysts forecast the global gelatin market to grow at a CAGR of 6.38% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gelatin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of gelatin.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gelatin Market 2017-2021
Technavio recognizes the following companies as the key players in the global gelatin market: GELITA, Nitta-Gelatin, PB Gelatins, Rousselot, and Weishardt
Other Prominent Vendors in the market are: Ewald Gelatine, GELNEX, India Gelatine & Chemicals, ITALGELATINE, Junca Gelatines, LAPI GELATINE, Norland Products, Qinghai Gelatin, Sterling biotech, and Trobas Gelatine
Commenting on the report, an analyst from Technavio’s team said: “The gelatin market is witnessing an increase in the demand for kosher and halal certified products because of the prohibition of the use of porcine gelatin ingredients in food products on religious grounds. The presence of Jewish and Islamic population is expected to generate the demand for kosher and halal certified products derived from bovine or piscine raw materials. This has resulted in an increase in the demand for fish-based gelatin.”
According to the report, functional foods are the components that provide additional health benefits apart from the basic nutrition. In the current scenario, functional and convenience food products have become an integral part of our diet. The demand for functional and convenience foods is increasing due to lifestyle changes and increasing disposable incomes. The global packaged food products market is expected to observe significant growth at a CAGR of 5%-6% over the forecast period. Gelatin is a widely-known compound used in the preparation of F&B products. Rising health awareness among consumers regarding health benefits of natural food products is driving the growth of the gelatin market.
Further, the report states that growing demand for vegetarian gelatin is adversely affecting the global gelatin market. An increase in vegan and vegetarian consumers is the primary reason for this demand because of their use of non-animal-based food ingredients. Therefore, the market is witnessing an increase in demand for products derived from plants such as agar agar, carrageenan, pectin, and guar gum.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-gelatin-market-2017-2021
GELITA, Nitta-Gelatin, PB Gelatins, Rousselot, Weishardt, Ewald Gelatine, GELNEX, India Gelatine & Chemicals, ITALGELATINE, Junca Gelatines, LAPI GELATINE, Norland Products, Qinghai Gelatin, Sterling biotech, and Trobas Gelatine
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