Argentina Gelatin Market Size & Outlook, 2021-2030
Argentina gelatin market, 2018-2030 (US$M)
Related Markets
Argentina gelatin market highlights
- The Argentina gelatin market generated a revenue of USD 77.4 million in 2021 and is expected to reach USD 169.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.1% from 2022 to 2030.
- In terms of segment, bovine was the largest revenue generating source in 2021.
- Marine is the most lucrative source segment registering the fastest growth during the forecast period.
Gelatin market data book summary
| Market revenue in 2021 | USD 77.4 million |
| Market revenue in 2030 | USD 169.6 million |
| Growth rate | 9.1% (CAGR from 2021 to 2030) |
| Largest segment | Bovine |
| Fastest growing segment | Marine |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Porcine, Poultry, Marine |
| Key market players worldwide | Gelita AG, Darling Ingredients Inc, Panoramic Resources Ltd, Tessenderlo Group NV, Shanghai Universal pharmaceutical machinery co., PB Leiner, Sterling Gelatin, Weishardt, Junca Gelatines, Nitta Gelatin USA |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global gelatin market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil gelatin market is projected to lead the regional market in terms of revenue in 2030.
- Chile is the fastest growing regional market in Latin America and is projected to reach USD 125.5 million by 2030.
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Gelatin Market Scope
Gelatin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina gelatin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gelatin market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 36.82% in 2021. Horizon Databook has segmented the Argentina gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The gelatin market growth, in Argentina, can be attributed to the increasing demand for gelatin from end-use industries including food & beverage, cosmetics, and pharmaceuticals. Most of the gelatin produced in the country is sourced from bovine hides and bones owing to the easy and abundant availability of raw materials. Argentina is one of the largest cattle producers and beef exporter in the region. The gelatin market in the country is dominated by Tessenderlo Group, a German-based company engaged in gelatin production.
The company has a manufacturing plant located in Santa Fe province, Argentina. The plant specializes in the production of bovine-based gelatin. The company is the only major gelatin producer operating in the country. The availability of raw materials and lack of gelatin producers open up several opportunities for new players to enter the gelatin market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Argentina gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina gelatin market size, by source, 2018-2030 (US$M)
Argentina Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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