Market revenue in 2021 | USD 147.2 million |
Market revenue in 2030 | USD 314.9 million |
Growth rate | 8.8% (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 35.53% in 2021. Horizon Databook has segmented the Russia gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
Russia is among the top importers of gelatin in the world. According to Trade Map data, Russia was the 9th largest importer of gelatin in the year 2021. Gelatin products are further used in multiple end-use industries like healthcare, food & beverages, and nutraceutical industries which are driving the market in the country. According to the European Commission report, changing priorities of the customers towards healthy food intake and nutritional food products is driving the market for gelatin as it is widely used in dietary supplements. In addition, according to PricewaterhouseCoopers (PWC) report, Russia is the second largest market for the nutraceutical industry in Europe and is expected to continue its dominance in the regional market due to the overall growth in the demand for various food supplements in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Russia gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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