Mexico Gelatin Market Size & Outlook, 2021-2030
Mexico gelatin market, 2018-2030 (US$M)
Related Markets
Mexico gelatin market highlights
- The Mexico gelatin market generated a revenue of USD 61.3 million in 2021 and is expected to reach USD 128.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.6% 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 61.3 million |
| Market revenue in 2030 | USD 128.4 million |
| Growth rate | 8.6% (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, Mexico accounted for 1.1% 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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Mexico 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 29.36% in 2021. Horizon Databook has segmented the Mexico gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
Beef industry in Mexico has expanded over the past few years owing to the increased consumption in the country. Mexico is attempting to develop a diverse set of export markets due to the result of market growth and partially as a result of the uncertainty surrounding the U.S. trade policy and North American Free Trade Agreement (NAFTA). These initiatives are expected to positively influence the demand for beef and cattle-sourced gelatin. In addition, Mexico has witnessed considerable economic growth in recent years, consequently, industries such as food & beverage, cosmetics, and healthcare in the country have also experienced growth. The demand for premium foods and anti-aging cosmetics is expected to ascend over the forecast period owing to rapid economic and industrial growth in Mexico coupled with rising consumer disposable income. This, in turn, is projected to propel the gelatin market growth in the coming years.
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Target buyers of Mexico 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 Mexico gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico gelatin market size, by source, 2018-2030 (US$M)
Mexico Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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