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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Bovine Gelatin Market Share
Organic bovine gelatin is high in demand due to the growing trend of clean-labelled products
Organic bovine gelatin is experiencing a surge in demand as consumers increasingly seek natural and clean label products. Derived from cattle raised without antibiotics, growth hormones, or synthetic chemicals, organic gelatin is favored for its purity and natural origins. This segment is expected to witness rapid growth across industries like food & beverages, pharmaceuticals, and cosmetics, where the demand for organic and natural ingredients is on the rise.
However, conventional bovine gelatin holds a larger market share due to its cost-effectiveness and widespread availability. Produced from cattle raised using traditional farming methods, conventional gelatin remains a popular choice in various industries. Its affordability makes it a preferred option for manufacturers as cost considerations play a significant role in product development.
Pharmaceuticals sector extensively uses bovine gelatin due to several beneficial properties
Pharmaceuticals and nutraceuticals play a significant role in driving the demand for bovine gelatin as consumers globally are increasingly opting for natural ingredients in their daily products over artificial chemicals. As per bovine gelatin market analysis, the growing preference for healthy, protein-rich diets has resulted in a surge in demand for dietary supplements. Moreover, the rising incidence of common ailments has prompted a positive change in consumer behavior towards nutraceuticals and functional foods. Bovine gelatin, rich in collagen, is beneficial for enhancing joint health and overall well-being.
Another significant end use segment in the bovine gelatin market is the cosmetics and personal care industry, with wide applications of bovine gelatin across a variety of products. Bovine gelatin is used in face creams, shampoos, body lotions, bath salts, hair sprays, and sunscreens in the cosmetics industry. Bovine gelatin, being a gelling agent, helps improve the overall texture of cosmetics products for easier application and imparts anti-ageing benefits as well as enhances the skin texture.
Bovine Gelatin Market Report Snapshots
Bovine Gelatin Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 3.33 billion.
The bovine gelatin market is expected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 and reach a value of USD 5.88 billion by 2032.
Key drivers of the market are technological advancements, rise in population, increase in health consciousness amongst individuals, and rising bone health issues.
Key trends aiding market expansion include the rising demand for bovine gelatin among athletes, product diversification, and expanding use of the product in pharmaceutical and personal care industries.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
It is used in pharmaceutical drugs, food, photography, and production of cosmetics and vitamin capsules.
Bovine gelatin helps in easy digestion, strengthening of joints and bones, and improves health of hair, skin, and nails.
Key players in the market are Nitta Gelatin Inc., Gelita AG, PB Leiner, Lapi Gelatine SpA, Rousselot Inc., Bernard Jansen Products Inc., Trobas Gelatine BV, Nutra Food Ingredients, Gelnex, Kubon Gelatin Pte. Ltd., Zint LLC, and Jiangxi Formate Biotechnology Co., Ltd., among others.
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