The
global gelatin market is expected to showcase a robust growth in the
forthcoming years, according to Transparency Market Research (TMR).
According to the report, increased consumption of protein rich diet,
acquisitions and expansions formed by major players and the use of
collagen and gelatin in nutraceutical and pharmaceutical industries
is providing an impetus to the growth of the gelatin market.
Currently, the vendor landscape is characterized by the presence of
few leading companies holding a lion’s share of the market, making
it consolidated. Market vendors are seen focusing on strategies such
as mergers and acquisitions, along with expansion into unventured
territories, in order tap into potential markets. Key vendors
operating in the global gelatin market include Nitta Gelatin Inc., PB
Gelatins, Roxlor LLC., Catalent Pharma Solutions, Sterling Gelatin,
and Weishardt Group.
Request
to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1295
According
to TMR’s report, during the forecast period of 2012 to 2018, the
production capacity of gelatin is expected to rise from an estimation
of 348.9 kilo tons to 450.7 kilo tons. The global gelatin market is
expected to rise at a steady 6.75% CAGR over the forecast duration.
The
most demand for gelatin is currently witnessed by the nutraceutical
and the food segments, on account of the rising awareness of
consumers towards high protein and low fat foods. This is a prominent
factor propelling the applications segment of nutraceutical and food
to the forefront.
Europe
was responsible for a large portion of the global market share in
2011, and held over 40% of the overall market share. The region is
propelled by the high demand for the product form countries such as
Germany and France, who generated over 50% of the market demand
cumulatively.
Varied
Applications of Product to Fuel Market Growth
Gelatin
has differed applications in the food industry, essentially as an
enhancer to include flexibility, consistency and strength to food
products. Gelatin is additionally utilized as a stabilizer for the
most part in the dairy products. It is typically available in
granular powder shape, in spite of the fact that in some European
nations, sheet gelatin is predominantly used. In the food industry,
water or fluid polyhydric alcohols of gelatin are utilized as a part
of sweet, marshmallow and treat arrangements. Further, in dairy
products and solidified foods, gelatin
is utilized as a colloid to counteract crystallization of ice and
sugar. It is likewise utilized as an emulsifier and extender in the
creation of lessened fat margarine products. The product is
significantly utilized as a gelling operator in various applications
including food and beverages, nutraceuticals, personal care, and
photography.
Rising
Demand for Functional Foods, Application in Nutraceuticals to Expand
Sales
Gelatin
is likewise utilized as a part of the manufacture of a wide scope of
pharmaceuticals including wound dressings, blood volume substitutes,
and homeostatic wipes. Rising levels of peptides in gelatin should
bolster the combination of the product in personal care products,
especially hair and face creams, and corrective salves.
Another
factor that impacts the food gelatin products demand is the
augmenting demand for utilitarian or functional foods, obtained from
characteristic sources. In spite of the fact that the market is
developing, it is witnessing marked difficulties that include low
acknowledgment from strict vegetarians and religious gatherings, such
as Muslims, Hindus and Jews. Likewise, there is a rising concern
among researchers about whether animal tissue-derived gelatins could
transmit pathogenic vectors like prions. The developing awareness
among the health cognizant individuals supported with the ascent in
aged populace is predicted to additionally fuel the gelatin market
rise.
No comments:
Post a Comment