Philippines Gelatin Market Size & Outlook, 2021-2030
Philippines gelatin market, 2018-2030 (US$M)
Related Markets
Philippines gelatin market highlights
- The Philippines gelatin market generated a revenue of USD 57.5 million in 2021 and is expected to reach USD 134.6 million by 2030.
- The Philippines market is expected to grow at a CAGR of 9.9% 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 57.5 million |
| Market revenue in 2030 | USD 134.6 million |
| Growth rate | 9.9% (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, Philippines accounted for 1.0% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Gelatin Market Scope
Gelatin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines 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 35.13% in 2021. Horizon Databook has segmented the Philippines gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
Philippines is a gelatin importing country. The growth in the demand for gelatin is in line with the rise in the demand from food & beverages industry. According to Philippines Statistics Authority, the meat and fish & seafood products are one of the major sources of protein for the population. Pork, chicken, beef, among others are the major sources of meat products in the country. Although, beef and chicken meat are hugely imported from other countries to Philippines, the pork meat and meat products production is expected to drive the market. In addition, according to International Wines and Spirits Record (IWSR), Philippines is one of the fastest growing alcohol markets in Asia Pacific region.
Although total beverage alcohol volume declined in 2020, the market is anticipated to grow by nearly 7% and continue to rise over the next 5 years. Beer and wine are some of the majorly consumed alcohols in Philippines. According to USDA Foreign Agricultural Service, wine and related products witnessed a record 144 percent annual growth in the year 2021 on the account of increased consumption of wine and wine products, especially grape wine. The increasing demand for alcoholic beverages, like wine and beer, coupled with meat and meat products in the country is anticipated to fuel the market growth.
Reasons to subscribe to Philippines gelatin market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Philippines gelatin market databook
-
Our clientele includes a mix of gelatin market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Philippines gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Philippines gelatin market size, by source, 2018-2030 (US$M)
Philippines Gelatin Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
