Procurement Resource’s New Gelatin Industry Intelligence Report (2022) – Analyses the Key Sourcing Strategies, Demand Indicators, Price Drivers, and Supplier Assessment

Category Driver

Gelatin global market is driven primarily by factors like ageing population, rising household disposable incomes (especially in the developing markets), increasing awareness about health and wellness which is leading to the rise in demand for accessible and efficient foods, and augmented use of the product in various industries, are resulting in the growth of the industry. There is a continuous and huge demand for gelatin in pharmaceutical and nutritional supplements because of its unique behaivoural properties. Besides, another major driver for the growth in the demand for gelatin-based products is the present-day inactive lifestyle. The intake of collagen peptides and gelatin products helps to relieve the health concerns developed by not eating healthy and ideal foods and living an inactive life, this appeals to a large base of consumers to include collagen food supplements in their diet. Additionally, due to the rise in health care expenses, consumers want to remain healthy and not get diagnosed with long-term diseases. Hence, they prefer to get rid of any kind of deficiency in their body, particularly the collagen protein to avoid diseases like bone loss, joint pain, and heart health-related issues. Furthermore, the researchers are making novel use of gelatin as a safe and natural product in applications such as tissue engineering and wound care products, making the scope of the component more diverse.

Industry Developments in terms of Technology/Innovation/R&D/Sustainability

There is a continuous growth in the demand for gelatin in food and pharmaceutical industry globally. The confectionery and capsule market is rising across the world and gelatin is a critical component used to produce both various food and medicinal items. It is estimated that gelatin market will exceed 480,000 metric tonnes by the end of 2022 due to the surge in the applications of gelatin in food, pharma, and nutritional products. Gelatin is the most popular form infused in empty capsules and softgel capsules. Increasing adoption of capsule formulations, the rise of the pharmaceutical market alongside rising R&D activities and clinical testing, and further progressions in capsule delivery technologies are some of the important factors that are leading to the growth of the gelatin market at a global level. One of the leading gelatin and collagen peptides producing companies, Rousselot, successfully developed a new application model called ‘SiMoGel’ to produce sugar-free confectionery in a sanitised condition of a starchless setting. It helps confectionery manufacturers to make sugar-free and low-sugar confectionery products that can dry in less than 15 mins. The four regional gelatin manufacturers in Europe since July 2020, Gelatine Manufacturers of Europe (GME); the Gelatin Manufacturer Association of South America (SAGMA), and the Gelatine Manufacturers Association of Asia Pacific (GMAP) are continuously working jointly in the form of a group called Gelatin Representatives of the World (GROW) to enhance their position in the gelatin sector at the global level.
 
Key Findings of the Report:

• There were challenges faced by the collagen and gelatin products exporters that may likely extend in the immediate future, nevertheless, there has been a rise in the demand for immunity and wellness products across the world, which uses gelatin and collagen peptides as important ingredients in both domestic and international markets. 
• Consumers will continue with the trend to remain healthy and have a strong immune system consequently, the leading companies in the market will have to deal with increasing demand for personal care products such as nutrient supplements and nutraceuticals even after the pandemic ends. 
• Gelatin global market is driven primarily by factors like ageing population, rising household disposable incomes (especially in the developing markets), increasing awareness about health and wellness which is leading to the rise in demand for accessible and efficient foods, and augmented use of the product in various industries, are resulting in the growth of the industry.
• The intake of collagen peptides and gelatin products helps to relieve the health concerns developed by not eating healthy and ideal foods and living an inactive life, this appeals to a large base of consumers to include collagen food supplements in their diet.
• Due to the rise in health care expenses, consumers want to remain healthy and not get diagnosed with long-term diseases. Hence, they prefer to get rid of any kind of deficiency in their body, particularly the collagen protein to avoid diseases like bone loss, joint pain, and heart health-related issues.
• Europe currently represents the biggest producer of gelatin followed by North America, Asia, South America, and others. The United States is currently the largest importer of Gelatin and its derivatives followed by Germany, Belgium, Japan, and the United Kingdom. On the other hand, Brazil is the world's largest exporter of Gelatin and its derivatives.
• Apart from drivers like increasing health and wellness awareness, there has been a massive technological advancement related to softgel capsules and other pharmaceutical drugs.
• Increasing adoption of capsule formulations, the rise of the pharmaceutical market alongside rising R&D activities and clinical testing, and further progressions in capsule delivery technologies are some of the important factors that are leading to the growth of the gelatin market at a global level.
• The regional markets for the industry can be divided into North America, Latin America, Middle East and Africa, Europe, and the Asia Pacific are the major regions in the market.
• The major players in the industry are Gelita AG, Weishardt, Nitta Gelatin, NA Inc, Rousselot, and PB Leiner, among others.

Why Choose Procurement Resource?

• The gelatin industry report includes preferred sourcing strategies by key suppliers present in the category
• The report provides an overview of the production process along with recent technologies being positioned
• The information regarding price movement, price hedging, and demand-supply is also included in the report
• The gelatin industry report further offers category-specific regional trends and market dynamics
• The report also covers supplier profiles including financial data, product portfolio, and recent category-based initiatives 
• It provides extensive data pertaining to the demand, supply, cost, and pricing of gelatin, along with an in-depth analysis of key indicators of category demand and pricing 
• The gelatin industry report provides category-based buyer and supplier negotiation levers and sourcing and procurement practices
• The report extensively assesses the demand influencing and restricting factors on a regional and global level

About Us:

At Procurement Resource we have a team of highly skilled and seasoned experts who undertake extensive research to deliver our customers the newest and most up-to-date sourcing and procurement reports, cost models, price analysis, benchmarking, and category insights, which support our clientele to simplify their procurement process. Procurement Resource ensures that our clients remain at the forefront of their industries by offering actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. We work with a varied collection of procurement teams across industries to get insights and real-time data that our customers can effectively execute. Our team also tracks the prices and production costs of a broad range of goods and commodities, thus, providing our clients with updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge methodologies in the industry, assist our clients to understand the supply chain, procurement, and industry environment to form strategies that ensure their optimum growth and success in every step.

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