Europe Gelatin Market Size, Share, and COVID-19 Impact Analysis, By Source (Bovine, Porcine, Marine, Poultry, and Other), By Application (Food & Beverages, Pharmaceuticals, Health & Nutrition, Cosmetics & Personal Care Products, and Animal feed), and Europe Gelatin Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareEurope Gelatin Market Insights Forecasts to 2033
- The Europe Gelatin Market Size was valued at USD 2.66 Billion in 2023.
- The Market Size is Growing at a CAGR of 9.40% from 2023 to 2033
- The Europe Gelatin Market Size is Expected to Reach USD 6.53 Billion by 2033
Get more details on this report -
The Europe Gelatin Market Size is Anticipated to Reach USD 6.53 Billion by 2033, Growing at a CAGR of 9.40% from 2023 to 2033
Market Overview
Gelatin is a natural, water-soluble protein that is transparent and colorless. It is produced through the controlled and partial hydrolysis of collagen, which is obtained from animal skin, bones, and tissues. Collagen itself is a fibrous protein made up of three intertwined polypeptide chains. As a product derived from animal parts, gelatin is utilized in various industries across Europe, including food and beverages, pharmaceuticals, and cosmetics. The gelatin industry in Europe is well-regulated. The raw materials used to produce gelatin are inspected for safety and origin, with sourcing limited to licensed slaughterhouses. In 2022, the leading exporters of gelatin in Europe were Germany ($285 million), Belgium ($183 million), and France ($175 million). The largest importers were Germany ($281 million) and France ($131 million). In 2023, the European Union emerged as the top exporter of gelatin and its derivatives, with a total export value of $422.70 million and a total weight of 44,203,500 kilograms.
Report Coverage
This research report categorizes the market for the Europe gelatin based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe gelatin market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe gelatin market.
Europe Gelatin Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 2.66 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 9.40% |
2033 Value Projection: | USD 6.53 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 178 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Source, By Application |
Companies covered:: | Nitta Gelatin USA, Junca Gelatines, Weishardt, Sterling Gelatin, Shanghai Universal pharmaceutical machinery co., PB Leiner, Panoramic Resources Ltd, Tessenderlo Group NV, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
Get more details on this report -
Driving Factors
The Europe gelatin market is driven by several factors. Increasing demand for dietary supplements and nutricosmetics, along with a heightened focus on health and wellness, is propelling market growth. Consumers are also seeking clean-label products that are free from artificial additives and allergens, which aligns with gelatin's natural origins and clean-label appeal. Gelatin's unique functional properties, including gelling, adhesion, coating, binding, and film-building, make it particularly advantageous for use in the pharmaceutical industry. Additionally, it is widely utilized in various food products, such as confectionery, dairy, desserts, and beverages. Consumer preferences, industry dynamics, and technological advancements continue to shape the Europe gelatin market. To seize market opportunities and remain competitive, gelatin manufacturers and suppliers are increasingly prioritizing sustainability.
Restraining Factors
The Europe gelatin market has several restraining factors including, there are many alternatives to gelatin, such as agar-agar, pectin, carrageenan, and starches. Advancements in pharmaceutical technology have led to the development of non-gelatin capsule alternatives. The price of soft gelatin capsules is frequently changing, and they have low stability. The high cost of vegetarian capsules is a barrier to the use of gelatin. Economic instability can affect the demand and supply of animal feeds and food products.
Market Segmentation
The Europe gelatin market share is classified into source and application.
- The porcine segment is expected to hold the largest market share through the forecast period.
The Europe gelatin market is segmented by source into bovine, porcine, marine, poultry, and other. Among these, the porcine segment is expected to hold the largest market share through the forecast period. Porcine gelatin is derived from pigs and is recognized as an excellent source of protein. It is used in the production of various medicines and food products. In recent years, the use of porcine gelatin in nutritional beverages aimed at the sports sector has grown significantly.
- The pharmaceuticals segment is expected to dominate the Europe gelatin market during the forecast period.
Based on the application, the Europe gelatin market is divided into food & beverages, pharmaceuticals, health & nutrition, cosmetics & personal care products, and animal feed. Among these, the pharmaceuticals segment is expected to dominate the Europe gelatin market during the forecast period. Consumers are increasingly seeking healthy and nutritious pharmaceutical-grade products. Gelatin is primarily used in the form of hard and soft gel capsules, as well as in sponging agents. Hard gelatin capsules offer several advantages that make them a reliable choice for pharmaceutical applications. They provide secure containment of their contents and ensure consistent performance. Key benefits include the fast release of medication, homogeneous mixing of ingredients, and protection against oxygen, which can lead to drug oxidation. Additionally, hard gelatin capsules are typically less expensive than soft gelatin capsules, as they require less complicated machinery and fewer specialized ingredients.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Europe gelatin market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Nitta Gelatin USA
- Junca Gelatines
- Weishardt
- Sterling Gelatin
- Shanghai Universal pharmaceutical machinery co.
- PB Leiner
- Panoramic Resources Ltd
- Tessenderlo Group NV
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Europe, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Europe Gelatin Market based on the below-mentioned segments:
Europe Gelatin Market, By Source
- Bovine
- Porcine
- Marine
- Poultry
- Other
Europe Gelatin Market, By Applications
- Food & beverages
- Pharmaceuticals
- Health & Nutrition
- Cosmetics & personal care products
- Animal feed
Need help to buy this report?