NEW YORK, April 11, 2023 /PRNewswire/ -- The bovine gelatin market size is expected to grow by USD 876.49 million from 2021 to 2026. The market growth is expected to progress at a CAGR of 8.67% according to the latest research report from Technavio. The strategic initiatives of market vendors are expected to notably drive market growth for bovine gelatin during the forecast period. Vendors in the market adopt strategies such as M&A, expansion projects, and increasing production capacity to tackle the market competition. They focus on investing in developing innovative products to increase their foothold in the market. Hence, such initiatives will drive the bovine gelatin market growth during the forecast period. Make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View a Sample Report!
The bovine gelatin market covers the following areas:
Bovine Gelatin Market Sizing
Bovine Gelatin Market Forecast
Bovine Gelatin Market Analysis
Bovine Gelatin Market - Vendor Landscape
The bovine gelatin market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Established players have competitive advantages owing to their large scale of operations and popular brand names. Market vendors focus on strategies such as developing innovative solutions that address the taste, texture, and nutritional profiles of food and beverages.
Companies Mentioned
- Darling Ingredients Inc.
- Dr. August Oetker Nahrungsmittel KG
- El Nasr Gelatin Co.
- Gelita AG
- Gelnex
- Goya Foods Inc.
- Great Lakes Wellness Co. LLC
- iHerb LLC
- India Gelatine and Chemicals Ltd.
- Italgel Srl
- Lapi Gelatine Spa
- Nitta Gelatin Inc.
- NOW Health Group Inc.
- Nutra Food Ingredients
- Organika Health Products Inc.
- SAS Gelatines Weishardt
- Sandesara Group of Companies
- Tessenderlo Group NV
- Trobas Gelatine BV
- Zint LLC
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Vendor Offerings
- Darling Ingredients Inc. - The company offers bovine gelatin products such as GelMA biomaterials.
- Gelita AG - The company offers bovine gelatin products such as Leaf Gelatin, which is fat- and carbohydrate-free.
- India Gelatine and Chemicals Ltd. - The company offers bovine gelatin products for different industries.
For market's vendor landscape highlights with a comprehensive list of vendors and their offerings - View a Sample
Bovine Gelatin Market - Key Market Segmentation
The report extensively covers bovine gelatin market segmentation by form factor (capsules and tablets, powder, and liquid) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
- The market share growth by the capsules and tablets segment will be significant for the market growth during the forecast period. Bovine gelatin-based capsules are available in the market in two types, including hard capsules and soft gels. Gelatin dissolves in the human body at a normal body temperature, which makes it an ideal gelling agent for soft gels. These capsules are different from bovine gelatin-based tablets, which are compressed powders. The capsules and tablets have low friction properties, are easy to swallow, and therefore have higher patient compliance. These factors will drive the bovine gelatin market growth during the forecast period.
View a sample of this report for more highlights into the market segments.
Regional Market Outlook
- APAC is estimated to account for 44% of the global bovine gelatin market growth during the forecast period. China and India are the key markets for the bovine gelatin market in the region. Moreover, market growth in this region is expected to be faster than the growth of the market in other regions. The rising number of health-conscious consumers will facilitate the bovine gelatin market growth in the region during the forecast period. The middle-class population in APAC is expected to increase at a fast pace by 2030. More than three-quarters of the global middle-class growth is expected to be from India and China. Most of this population has grown to become health-conscious and is influenced by healthy food culture. Such factors have increased the demand for nutrition products where bovine gelatin is used as an active ingredient.
For more key highlights on the regional market share of most of the above-mentioned countries.- View a Sample Report
Bovine Gelatin Market - Key Challenges
- Stringent government regulations toward animal-origin food additives are hampering the bovine gelatin market growth.
- Thickening and gelling agents, such as bovine gelatin, are food additives that can be added to food and products as per the several laws and regulations imposed by regulatory authorities across countries.
- For instance, in Europe, the safety of all food additives, such as bovine gelatin that are currently authorized, is assessed by the Scientific Committee on Food (SCF) and or the EFSA. All food additives in the region, including bovine gelatin, are regulated under Regulation No 1333/2008.
- Hence, such regulations may impede the bovine gelatin market growth during the forecast period.
What are the key data covered in this Bovine Gelatin Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the bovine gelatin market between 2022 and 2026
- Precise estimation of the size of the bovine gelatin market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the bovine gelatin market across North America, Europe, Asia, and Rest of World (ROW)
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of the bovine gelatin market vendors
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Bovine Gelatin Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.67% |
Market growth 2022-2026 |
USD 876.49 million |
Market structure |
Fragmented |
YoY growth 2021-2022(%) |
8.32 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 44% |
Key countries |
US, Canada, China, India, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Darling Ingredients Inc., Dr. August Oetker Nahrungsmittel KG, El Nasr Gelatin Co., Gelita AG, Gelnex, Goya Foods Inc., Great Lakes Wellness Co. LLC, iHerb LLC, India Gelatine and Chemicals Ltd., Italgel Srl, Lapi Gelatine Spa, Nitta Gelatin Inc., NOW Health Group Inc., Nutra Food Ingredients, Organika Health Products Inc., SAS Gelatines Weishardt, Sandesara Group of Companies, 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. |
Browse for Technavio's Materials Market Reports
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Form Factor
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Form Factor
- 5.1 Market segments
- Exhibit 24: Chart on Form Factor - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Form Factor - Market share 2021-2026 (%)
- 5.2 Comparison by Form Factor
- Exhibit 26: Chart on Comparison by Form Factor
- Exhibit 27: Data Table on Comparison by Form Factor
- 5.3 Capsules and tablets - Market size and forecast 2021-2026
- Exhibit 28: Chart on Capsules and tablets - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Capsules and tablets - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Capsules and tablets - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Capsules and tablets - Year-over-year growth 2021-2026 (%)
- 5.4 Powder - Market size and forecast 2021-2026
- Exhibit 32: Chart on Powder - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Powder - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Powder - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Powder - Year-over-year growth 2021-2026 (%)
- 5.5 Liquid - Market size and forecast 2021-2026
- Exhibit 36: Chart on Liquid - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Liquid - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Liquid - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Liquid - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Form Factor
- Exhibit 40: Market opportunity by Form Factor ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 India - Market size and forecast 2021-2026
- Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Darling Ingredients Inc.
- Exhibit 97: Darling Ingredients Inc. - Overview
- Exhibit 98: Darling Ingredients Inc. - Business segments
- Exhibit 99: Darling Ingredients Inc. - Key news
- Exhibit 100: Darling Ingredients Inc. - Key offerings
- Exhibit 101: Darling Ingredients Inc. - Segment focus
- 10.4 Gelita AG
- Exhibit 102: Gelita AG - Overview
- Exhibit 103: Gelita AG - Product / Service
- Exhibit 104: Gelita AG - Key offerings
- 10.5 India Gelatine and Chemicals Ltd.
- Exhibit 105: India Gelatine and Chemicals Ltd. - Overview
- Exhibit 106: India Gelatine and Chemicals Ltd. - Product / Service
- Exhibit 107: India Gelatine and Chemicals Ltd. - Key offerings
- 10.6 Italgel Srl
- Exhibit 108: Italgel Srl - Overview
- Exhibit 109: Italgel Srl - Product / Service
- Exhibit 110: Italgel Srl - Key offerings
- 10.7 Lapi Gelatine Spa
- Exhibit 111: Lapi Gelatine Spa - Overview
- Exhibit 112: Lapi Gelatine Spa - Product / Service
- Exhibit 113: Lapi Gelatine Spa - Key offerings
- 10.8 Nitta Gelatin Inc.
- Exhibit 114: Nitta Gelatin Inc. - Overview
- Exhibit 115: Nitta Gelatin Inc. - Product / Service
- Exhibit 116: Nitta Gelatin Inc. - Key offerings
- 10.9 SAS Gelatines Weishardt
- Exhibit 117: SAS Gelatines Weishardt - Overview
- Exhibit 118: SAS Gelatines Weishardt - Product / Service
- Exhibit 119: SAS Gelatines Weishardt - Key offerings
- 10.10 Sandesara Group of Companies
- Exhibit 120: Sandesara Group of Companies - Overview
- Exhibit 121: Sandesara Group of Companies - Product / Service
- Exhibit 122: Sandesara Group of Companies - Key offerings
- 10.11 Tessenderlo Group NV
- Exhibit 123: Tessenderlo Group NV - Overview
- Exhibit 124: Tessenderlo Group NV - Business segments
- Exhibit 125: Tessenderlo Group NV - Key offerings
- Exhibit 126: Tessenderlo Group NV - Segment focus
- 10.12 Trobas Gelatine BV
- Exhibit 127: Trobas Gelatine BV - Overview
- Exhibit 128: Trobas Gelatine BV - Product / Service
- Exhibit 129: Trobas Gelatine BV - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 130: Inclusions checklist
- Exhibit 131: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 132: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 133: Research methodology
- Exhibit 134: Validation techniques employed for market sizing
- Exhibit 135: Information sources
- 11.5 List of abbreviations
- Exhibit 136: List of abbreviations
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