Brazil Gelatin Market Size & Outlook, 2021-2030
Brazil gelatin market, 2018-2030 (US$M)
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Brazil gelatin market highlights
- The Brazil gelatin market generated a revenue of USD 198.4 million in 2021 and is expected to reach USD 431.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9% 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 198.4 million |
| Market revenue in 2030 | USD 431.3 million |
| Growth rate | 9% (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, Brazil accounted for 3.4% 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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Brazil 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 35.33% in 2021. Horizon Databook has segmented the Brazil gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the prominent producers of gelatin globally. Most of the gelatin produced in the country is sourced from bovine hides and bones owing to the abundant availability of raw materials. In addition, the presence of international players such as JBS SA, Minerva, and BRF involved in meat processing is expected to ensure consistent raw material supply for gelatin production. Thus, gelatin manufacturers are expected to open their production units in the country due to easy access to raw materials including bones and bovine hides at the domestic level.
Most of the key players involved in gelatin manufacturing have their production plants setup in Brazil. For instance, Gelita AG, one of the strongest players in the gelatin market, has two factories located in the country. Nearly 80% of the gelatin is produced in these factories. The company proves to be a major competitor for new entrants trying to enter the country’s gelatin market. Other major producers include Gelnex, ACG Group, and GelcoPEP. Brazil is one of the prominent markets for confectionery products.
The country has the presence of some of the major confectionary manufactures including Mondelēz Brasil, Perfetti Van Melle Brasil, Arcor do Brasil, and Dori Alimentos S.A. Rising popularity of confectionery products such as gummies and candies has resulted in augmented product demand. This is expected to accelerate the gelatin production in the country. The presence of well-established players with large production capacities and the rising demand from end-use industries in the country are expected to drive the gelatin market growth over the forecast period.
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Our clientele includes a mix of gelatin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Brazil gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil gelatin market size, by source, 2018-2030 (US$M)
Brazil Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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