Market revenue in 2021 | USD 516.6 million |
Market revenue in 2030 | USD 1,140.9 million |
Growth rate | 9.2% (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 |
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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 35.21% in 2021. Horizon Databook has segmented the Germany 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 the country can be attributed to the high demand for gelatin from end-use industries such as food & beverage, cosmetics, pharmaceuticals, and nutraceutical. The market has dominance of long-term players such as Gelita, Prowico, Ewald Gelantine GmbH, Biogel AG resulted in intense competition for any new player entering the market in the country. Furthermore, these companies are integrated across the value chain and have entered into long-term contracts with raw material suppliers as well as finished goods distributors thereby strengthening their market position in the country.
The country exhibits the presence of well-established meat processing and slaughter companies such as Vion Food, Westfleisch, and Kaufland leading to an abundance of raw materials. However, rising awareness of animal welfare coupled with consumer awareness for healthier diets, and sustainable food production are having major impacts on the meat industry in the country and have resulted in decline in pork production. This is expected to further hamper the raw material supply for gelatin production in near future.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Germany gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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