Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel - Global Forecast to 2031

The Bovine Gelatin Market was valued at $1.61 billion in 2023. This market is expected to reach $3.08 billion by 2031, from an estimated $1.74 billion in 2024, at a CAGR of 8.5% during the forecast period 2024-2031.

The growth of this market is driven by the growing demand for functional and convenience food products, increasing application of gelatin in the pharmaceutical industry, growing protein and nutricosmetics consumption, and the rising geriatric population and athletes aid consumption of gelatin-based products. However, safety concerns and the limited acceptance due to cultural restrictions restrain the growth of this market. Moreover, the use of gelatin in fortified confectionery and sports nutrition products is expected to generate significant growth opportunities for the stakeholders in the bovine gelatin market. On the other hand, the rising prices and scarcity of raw materials is a major challenge impacting market growth.

Key Players

The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the bovine gelatin market are Nitta Gelatin Inc. (Japan), GELITA AG (Germany), LAPI GELATINE S.p.a. (Italy), Bernard Jansen Products Inc. (U.S.), Nutra Food Ingredients, LLC (U.S.), Darling Ingredients Inc. (U.S.), Jellice Pioneer Europe B.V. (Netherlands), Tessenderlo Group NV (Belgium), Trobas Gelatine B.V. (Netherlands), GELNEX (Brazil), Weishardt (France), Juncà Gelatines SL (Spain), and India Gelatine & Chemicals Ltd. (India).

Increasing Application of Gelatin in the Pharmaceutical Industry Is Driving Market Growth

Gelatin is being increasingly used in the pharmaceutical industry, encapsulating medications, vitamins, and other active ingredients. Nowadays, the pharmaceutical industry has witnessed a surge in the utilization of gelatin, particularly bovine gelatin, due to its exceptional properties and versatility in drug delivery systems. Gelatin serves as an excellent excipient in pharmaceutical formulations, aiding in the encapsulation and controlled release of active pharmaceutical ingredients (APIs). Bovine gelatin finds extensive application in the production of capsules, softgels, and tablets, where it offers stability, bioavailability, and biocompatibility, thereby ensuring the efficacy and safety of pharmaceutical products. This increased adoption of gelatin in the pharmaceutical sector has spurred the growth of the bovine gelatin market as pharmaceutical companies seek high-quality, reliable ingredients for their drug formulations.

Moreover, the escalating demand for gelatin-based pharmaceutical products, such as dietary supplements, nutraceuticals, and medical devices, further propels the expansion of the bovine gelatin market. Gelatin's ability to form strong, flexible films makes it an ideal material for coating and encapsulating sensitive APIs, protecting them from degradation and enhancing their shelf life. Additionally, the biodegradability and non-toxic nature of bovine gelatin align well with the growing preference for natural and sustainable pharmaceutical ingredients, driving its widespread adoption across various therapeutic applications.

Furthermore, with continuous research and innovation, gelatin-based delivery systems are being optimized to improve drug solubility, release kinetics, and targeted delivery, catering to the evolving needs of the pharmaceutical market. As pharmaceutical companies increasingly recognize the benefits offered by bovine gelatin in enhancing drug efficacy and patient compliance, the demand for this versatile ingredient is expected to soar, driving significant growth in the bovine gelatin market in the coming years.

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Key Findings in the Bovine Gelatin Market Study:

Based on Type, the Type A Segment is Expected to Dominate the Bovine Gelatin Market in 2024

Based on type, the bovine gelatin market is segmented into type A and type B. In 2024, the type A segment is expected to account for the larger share of the bovine gelatin market. The segment’s large share is attributed to its wider usage in the food & beverage industry and the high nutritional composition of type A bovine gelatin. Also, In the food industry, type A bovine gelatin is prized for its ability to improve the texture and mouthfeel of products. It also provides a smooth and creamy texture to desserts, confectionery items, dairy products, and meat products. These factors contribute to the segment’s large share.

Based on Nature, the Organic Segment to Witness Highest Demand During the Forecast Period

Based on nature, the bovine gelatin market is segmented into organic and conventional. In 2024, the conventional segment is expected to account for the larger share of the bovine gelatin market. Conventional bovine gelatin is comparatively economical for mass manufacturing and, hence, is widely adopted by manufacturers. In addition, in developing economies, consumers are more conscious about the price they pay while making purchase decisions. Hence, a rise in awareness about the health benefits of bovine gelatins leads to a rise in consumption of conventional gelatin in developing economies. These factors contribute to the segment’s large share.

However, the organic segment is projected to witness significant growth during the forecast period of 2024–2031. The rapid growth of this segment is mainly driven by the growing preference for organic products among consumers.

Based on Form, the Powder Form Segment to Witness Highest Demand During the Forecast Period

Based on form, the bovine gelatin market is segmented into powder, liquid, and other forms. The powder form segment is projected to witness the highest growth during the forecast period of 2024–2031. The rapid growth of this segment is mainly driven by its several advantages, including ease of use and storage and cost-effectiveness. With the ability to dissolve in both hot and cold liquids, powdered gelatin provides flexibility and control over hydration, ensuring the desired texture and consistency. Additionally, its long shelf life, compact storage, and widespread availability make it a practical choice for home cooks and commercial food producers.

Based on Function, the Thickener Segment to Witness Highest Demand During the Forecast Period

Based on function, the bovine gelatin market is segmented into stabilizer, thickener, gelling agent, and other functions. The thickener segment is projected to witness significant growth during the forecast period of 2024–2031. The rapid growth of this segment is mainly driven by its ability to improve a liquid's viscosity without changing its inherent characteristics. The demand for ingredients such as thickeners is anticipated to rise as the food sector expands in the Asia-Pacific region as a result of rising population and per capita income levels in countries like China and India.                                                                     

Based on Application, the Food & Beverages Segment Expected to Dominate the Bovine Gelatin Market in 2024

Based on application, the bovine gelatin market is segmented into food & beverages, cosmetics & personal care, pharmaceuticals, nutraceuticals, and other applications. In 2024, the food & beverages segment is expected to account for the largest share of the bovine gelatin market. The segment’s large share is mainly attributed to vast applications of bovine gelatin across the food & beverages industry due to its unique gelling and surface behavior properties. These properties are crucial for achieving the desired texture, consistency, and quality in various food products. In addition, bovine gelatin is a protein-rich ingredient. In protein bars, drinks, and other functional foods, it serves as a protein supplement, contributing to the nutritional content of the final product. These factors contribute to the segment’s large share.

Based on Distribution Channel, the Business-to-consumer (B2C) Segment to Witness Highest Demand During the Forecast Period

Based on distribution channel, the bovine gelatin market is segmented into business-to-business (B2B) and business-to-consumer (B2C). The business-to-consumer (B2C) segment is projected to witness significant growth during the forecast period of 2024–2031. The rapid growth of this segment is mainly driven by the rising population density in urban areas, the increasing trend of online shopping, the rising popularity of the franchising concept, the growing preference for personalization, consumer convenience, and greater product selection.

Europe Expected to Dominate the Bovine Gelatin Market in 2024

Based on geography, the bovine gelatin market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of the bovine gelatin market. The large share of this regional market is mainly attributed to the growing health awareness, rising aging population, health and wellness trend, and the increasing bovine gelatin demand from end-use industries such as food & beverages, pharmaceuticals, and cosmetics, among others. Moreover, the rising demand for packaged products in countries such as Germany and the U.K. also surges the demand for the products, as bovine gelatin is largely used as a stabilizer in packaged foods as well as for improving shelf life.

However, Asia-Pacific is projected to record the highest CAGR during the forecast period due to the increasing number of food manufacturers and the prevailing food processing industry, particularly in China and India, rapid growth in population, rising awareness of nutrition and personal well-being, steady pace of industrialization, high spending on personal care products, and abundant availability of raw material for bovine gelatin manufacturing.

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