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Sep 13, 2023

Bovine Gelatin Market size to grow by USD 1,019.43 million from 2022 to 2027

News provided by 13 Jul, 2023, 23:15 ET Share this article NEW YORK, July 13, 2023 /PRNewswire/ -- The bovine gelatin market size is estimated to grow by USD 1,019.43 million from 2022 to 2027, at a

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13 Jul, 2023, 23:15 ET

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NEW YORK, July 13, 2023 /PRNewswire/ -- The bovine gelatin market size is estimated to grow by USD 1,019.43 million from 2022 to 2027, at a CAGR of 8.82%, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Bernard Jansen Products, Darling Ingredients Inc., El Nasr Gelatin Co., Gelita AG, Great Lakes Wellness Co. LLC, India Gelatine and Chemicals Ltd., Italgel S.r.l., Jellice Pioneer Europe B.V., Junca Gelatines SL, Lapi Gelatine Spa, Merck KGaA, Nitta Gelatin Inc., NOW Health Group Inc., Organika Health Products Inc., Sandesara Group of Companies, SAS Gelatines Weishardt, Suheung Co. Ltd., Tessenderlo Group NV, Trobas Gelatine BV, and Zint LLC.

Bovine Gelatin Market Insights -

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Bovine gelatin market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

Key Bovine Gelatin Market Driver- The major factor notably driving the market growth is the rising demand for bovine gelatin from various industries. The increasing demand for natural, safe, and versatile ingredients is driving the demand for bovine gelatin in various industries such as food, pharmaceutical, and cosmetics. Bovine gelatin is utilized as an ingredient in bakery, dairy, and confectionery products due to its gelling, binding, and emulsifying properties. It finds application in a range of products, including yogurts, marshmallows, gummy bears, and beer. With consumers becoming more health-conscious, the demand for bovine gelatin is expected to grow in the coming years. Furthermore, the pharmaceutical industry has witnessed a rising demand for bovine gelatin as it is a reliable and safe ingredient for drug encapsulation. In the cosmetic industry, bovine gelatin is extensively used for its moisturizing, emulsifying, and thickening properties. Therefore, such factors are expected to drive the growth of the global bovine gelatin market during the forecast period.

Significant Bovine Gelatin Market Trends - The emerging trend driving the market growth is the growing demand for organically sourced bovine gelatin.

Major Bovine Gelatin Market Challenge- Ethical issues associated with bovine-based products are the significant factors that impede market growth.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The bovine gelatin market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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Bovine Gelatin Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.82%

Market growth 2023-2027

USD 1,019.43 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.46

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 39%

Key countries

US, Canada, China, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Bernard Jansen Products, Darling Ingredients Inc., El Nasr Gelatin Co., Gelita AG, Great Lakes Wellness Co. LLC, India Gelatine and Chemicals Ltd., Italgel S.r.l., Jellice Pioneer Europe B.V., Junca Gelatines SL, Lapi Gelatine Spa, Merck KGaA, Nitta Gelatin Inc., NOW Health Group Inc., Organika Health Products Inc., Sandesara Group of Companies, SAS Gelatines Weishardt, Suheung Co. Ltd., Tessenderlo Group NV, Trobas Gelatine BV, and Zint LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Product Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

SOURCE Technavio