Gelatin: A Global Strategic Business Report
San Jose, CA (PRWEB) October 23, 2008
The world gelatin industry is attempting to shake off the stigma associated with BSE, which hitherto have squeezed manufacturer profit margins, crippled business climates, and resulted in temporary tightness for bovine sources, and high raw material prices. The gelatin industry, over the years, has borne the brunt of negative publicity over the safety of this animal-derived ingredient, and the resulting tightened regulations, and legislative riders governing the use of gelatin in supplements. Supported by new research findings, manufacturers are fast promoting gelatin as safe for human consumption, and are making concerted efforts to dissipate the misconception that gelatin is a potential carrier of BSE.
However, over the last few years, there has been increasingly consumer interest in vegetable gelatin derived from vegetarian sources, such as plants. Vegetarian ingredients over the next few years are expected to emerge from their present niche and merge into the mainstream market. Loss of consumer confidence in the quality, safety and wholesomeness of porcine, and bovine gelatin has created a fertile environment for the growth of fish gelatin. Rising crude oil and raw material prices are expected to bring gelatin prices under pressure in the upcoming years. Ongoing research and developmental efforts are expected to open up new application possibilities in the medium term.
The rapidly aging population in the developed countries, improving standards of living in the developing nations, higher consumption of pharmaceuticals and nutraceuticals are all key factors driving worldwide demand for gelatin. Europe dominates the world gelatin market, with approximately 41% share estimated in the year 2008, as stated by the recent report published by Global Industry Analysts, Inc. In Europe, Germany, and France is estimated to collar 42.5% of the total gelatin market in 2008. The largest end-use market for gelatin is food and beverage, estimated at 213.5 thousand metric tons in 2008. In the food & beverages end-use market, growth in Asia-Pacific is forecasted at a CAGR of 4.46% over the period 2011 through 2015.
Supported by its superior processing flexibility, safety, and material quality, gelatin will continue to remain a popular compound used in drug encapsulation, despite the availability of alternatives in the form of cellulosic ethers, and carrageenan derivatives. Beef-bone gelatin is one of the most commonly used gelatins for manufacturing soft capsules in the pharmaceutical industry. Consumption of gelatin in the world pharmaceuticals end-use market is expected to rise by nearly 9,815 metric tons over the period 2008 to 2012. Given the shift to digital photography, developing markets of Asia-Pacific, and Latin America are expected to post stronger growth than in comparison with developed markets, largely due to the continued dependence on traditional film for X-rays in these regions. Forecasted growth in these regions is in excess of 5% over the period 2011 through 2015.
Leading global and regional players operating in the industry include Gelita AG, Norland Products Inc., Sobel NV, Rousselot S.A.S., Rousselot (Guangdong) Gelatin Co. Ltd., Sterling Gelatin, Tessenderlo Group, Nitta Gelatin Inc, and PB Gelatins, among others.
The report titled "Gelatin: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, challenges, and research and development activities. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets. End-use markets analyzed in the report include Food & Beverage, Pharmaceuticals, and Photographic Supplies. Latent demand patterns in end-use markets are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific, and Latin America, among others. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.
For more details about this research report, please visit http://www.strategyr.com/Gelatin_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
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