Gelatin: A Global Strategic Business Report
San Jose, CA (PRWEB) February 28, 2012
Follow us on LinkedIn – The worldwide gelatin market is benefiting from growing demand for cosmetics, pharmaceutical and nutraceutical industries, fueled by robust economic development witnessed in emerging economies, particularly in Asia. In addition, the fast-expanding ageing demography of the global population is boosting demand from the pharmaceutical industry for gelatin and derivatives products such as gelatin hydrolysates. The global market is expected to witness steady gains driven by stable consumption patterns, rising standards of living and easier access to healthcare services. However, outbreaks of BSE (Bovine Spongiform Encephalopathy) have historically squeezed manufacturer profit margins, crippled business climates, have resulted in temporary tightness for bovine sources, and pushed up raw material prices. The impact has been especially pronounced in Europe where gelatin is mainly manufactured from bovine bones or skin. Ravaged by repeated outbreaks of BSE, foot and mouth disease as well as societal and religious pressures, the gelatin industry is attempting to reach for firmer grounds by combating the negative publicity over the safety and efficacy of this animal-derived ingredient. The industry, over the years, has borne the brunt of tightened regulations, and legislative riders governing the use of gelatin in supplements. France for instance, issued an immediate ban on food-grade gelatin derived from bovine bone until EU safety guidelines related to BSE are put into practice.
In the face of growing concerns, government strictures and general apprehensions over animal-sourced gelatin among consumers in different parts of the world, the industry is showing immense interest in the search for alternatives. Manufacturers are increasingly looking at producing vegetarian substitutes such as non-animal or vegetarian/plant-based gelatin.. Increasing trend towards vegetarianism and shift towards a healthy lifestyle are believed to be major reasons fueling the rise in demand for non-gelatin capsules. The vegetarian movement has additionally intensified the search for alternatives to gelatin, which appear in the form of Carrageenan, agar, and certain starches. In the US, about 25% of the population is showing a marked shift towards vegetarianism with more than 60% of vegetarians preferring dietary supplements over non-vegetarian food stuff for gaining vital nutrients. The long term market potential of non-gelatin capsules is also enhanced as most new vegetarians belong to the 18 to 35 year age group. However, while these alternatives meet some gelatin characteristics, none is yet available that matches all the functions such as gelling, binding, thickening, stabilizing, film forming, and aerating properties. Most of the currently available beef and pork gelatins do not meet mainstream kosher (Jewish) and halal (Muslim) standards. As a result, importance of fish gelatin is growing.
As stated by the new market research report, Europe continues its domination over the worldwide Gelatin market in terms of production and consumption volumes, with Germany and Russia taking the lead as major gelatin markets in Western Europe. On the other hand, China and India tilt the growth balance in favor of Asia Pacific with a projected CAGR of about 3.7% through 2017. In terms of annual consumption volume, the Food & Beverage represents the largest end-use segment. The food industry is largely governed by health-related regulatory issues and growing emphasis on healthy, low fat food as well as increasing vegetarianism, prompting the growth of gelatin substitutes free from animal content Gelatin is also widely used as an adhesive agent in the Pharmaceuticals industry for tableting medicines in the form of both hard and soft capsules. The pharma segment is set to outpace the overall industry average with a growth rate of 4.4% over the analysis period.
Key players profiled in the report include, Capsugel Inc., Catalent Pharma Solutions, Gelita AG, Nitta Gelatin Inc., Norland Products Inc., Roxlor LLC, Sterling Gelatin, Suheung Capsule Co Ltd, Tessenderlo Group, VION NV and Rousselot (Da'an) Gelatin Co Ltd.
The research report titled “Gelatin: A Global Strategic Business Report” announced by Global Industry Analysts Inc., covers the broad scope of the gelatin market, complete with in-depth analysis of trends and growth drivers that shape the market, recent corporate activity and a snapshot of major players operating in the sector. Analytics pertaining to consumption volumes (metric tons) for the years 2009 through 2017, are presented with the breakup for geographic regions- US, Canada, Japan, Europe (France, Germany, United Kingdom, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific, Latin America, and Rest of World. End-use segments analyzed include, Food & Beverage, Pharmaceuticals, Photographic Supplies and others. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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