Market Research Future (Food and Beverages) Gelatin Market Research Report | Page 3

Gelatin Market Research Report – Global Forecast till 2023 2 Market Overview Gelatin is a natural protein obtained from processing animal collagen. It is produced by boiling the connective tissue, bones, and skin of animals, especially pigs and cows. Gelatin is most commonly used as a gelling agent in the food & beverage, pharmaceuticals, and personal care industries. The growth of the end-use industries and increasing demand for natural ingredients is driving the market for gelatin. Increasing application of gelatin as a potential biodegradable packaging material for food products has created new opportunities for players in the global gelatin market. However, the high availability of substitute products such as guar gum, carrageenan, and gum arabic is a major restraint for the growth of the market. Regional Analysis: Europe is expected to dominate the market for gelatin during the forecast period owing to the increased consumption of gelatin as a functional and low-calorie diet alternative. However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period with China and India being the largest country-level markets for gelatin in the region. Increasing consumer preference for high protein products is boosting the demand for gelatin in the region. Page | 3 Copyright © 2017 Market Research Future.