India Gelatin Market Size & Outlook, 2021-2030
India gelatin market, 2018-2030 (US$M)
Related Markets
India gelatin market highlights
- The India gelatin market generated a revenue of USD 212.3 million in 2021 and is expected to reach USD 502.4 million by 2030.
- The India market is expected to grow at a CAGR of 10% 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 212.3 million |
| Market revenue in 2030 | USD 502.4 million |
| Growth rate | 10% (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, India accounted for 3.7% 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 Asia Pacific, China gelatin market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 894.4 million by 2030.
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Gelatin Market Scope
Gelatin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 35.14% in 2021. Horizon Databook has segmented the India 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 rapidly developing pharmaceutical, cosmetics, and nutraceutical industries. Nitta Gelatin Inc. is the only major player involved in gelatin production in the country. The company has three major production facilities located in Gujarat, Kerala, and Maharashtra. However, due to conflicting religious values of the consumers with respect to pork and meat consumption in the country, the demand for gelatin sourced from pork and beef skin and hides is relatively lower as compared to bone-derived gelatin. This is anticipated to be a major factor restraining the market growth.
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Target buyers of India gelatin market databook
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Our clientele includes a mix of gelatin market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India gelatin market , including forecasts for subscribers. This country databook contains high-level insights into India gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India gelatin market size, by source, 2018-2030 (US$M)
India Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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