Indonesia Gelatin Market Size & Outlook, 2021-2030
Indonesia gelatin market, 2018-2030 (US$M)
Related Markets
Indonesia gelatin market highlights
- The Indonesia gelatin market generated a revenue of USD 78.7 million in 2021 and is expected to reach USD 193.0 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 10.5% 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 78.7 million |
| Market revenue in 2030 | USD 193.0 million |
| Growth rate | 10.5% (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, Indonesia accounted for 1.4% 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 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 |
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Indonesia 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 29.35% in 2021. Horizon Databook has segmented the Indonesia gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
Indonesia is one of the prominent importers of gelatin in the world. In 2021, according to Trade Map data, Indonesia was among the top 20 gelatin importing countries. The growth in the country is majorly driven by the rising demand from food and beverages industry, especially for meat and meat products. In Indonesia, because majority of the population follow Islam religion, meat is considered as one of the prominent sources of protein. In spite of the COVID 19 pandemic, it was observed that the meat consumption in the form of frozen food products was in high demand, according to Indonesian Cold Chain Association (ARPI). Furthermore, seafood consumption alone constituted for more than 22% of the total frozen food consumed, followed by meat at 8%. The increasing preference for canned and frozen food products in Indonesia is expected to drive the market for gelatin in the country.
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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 Indonesia gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia gelatin market size, by source, 2018-2030 (US$M)
Indonesia Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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