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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Bovine Gelatin Market Trends
The growing popularity of clean-label and natural products is also contributing to the demand for bovine gelatin as a preferred ingredient over artificial additives. Furthermore, the expanding cosmetics industry's use of bovine gelatin for its moisturising, emulsifying, and thickening properties is another significant driver of bovine gelatin market growth.
However, people who follow a vegan lifestyle prefer medicines, vitamins, and supplements that do not contain animal by-products. The market could be adversely affected by this trend, as vegan consumers rejecting pharmaceuticals containing animal ingredients may prompt pharmaceutical companies to seek out vegan substitutes.
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124