Market revenue in 2024 | USD 272.7 million |
Market revenue in 2030 | USD 508.9 million |
Growth rate | 11% (CAGR from 2025 to 2030) |
Largest segment | Gelatin |
Fastest growing segment | Hydrolyzed Collagen |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen |
Key market players worldwide | Darling Ingredients Inc, Gelita AG, Tessenderlo Group NV, Symrise AG, Collagen Solutions, Rousselot, Sterling Gelatin, Weishardt, Junca Gelatines, Symatese, Collagen Matrix, Inc., Connoils, Advanced Biomatrix, Nitta Gelatin USA |
Gelatin was the largest segment with a revenue share of 72.2% in 2024. Horizon Databook has segmented the Spain collagen market based on gelatin, hydrolyzed collagen, native collagen, synthetic collagen covering the revenue growth of each sub-segment from 2018 to 2030.
The growing use of gelatin in the production of medicines is expected to propel the demand for gelatin in Spain. Gelatin finds use in the hard and soft capsule shells of medicines and drugs, owing to superior product containment and barrier properties offered by the material.
The demand for gelatin-based pharmaceuticals is expected to register positive growth over the forecast period. In addition, the demand for gelatin-based drug delivery systems is likely to drive the product demand in the healthcare sector across the country in the coming years.
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