Market revenue in 2021 | USD 17.7 million |
Market revenue in 2030 | USD 33.9 million |
Growth rate | 7.5% (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 |
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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 35.03% in 2021. Horizon Databook has segmented the South Africa gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The market in South Africa is characterized by high consumption of gelatin in the healthcare, cosmetics, and food industries. The use of gelatin in medical sheets and drug delivery systems is expected to drive market growth over the forecast period. In addition, the rising demand for gelatin in functional supplements is expected to benefit the market growth over the forecast period. The market in the country is consolidated and dominated by GELITA AG, a key player operating in the gelatin market. The company’s production unit is located in the Gauteng province of South Africa.
It is the only gelatin plant in the country and covers about three-quarters of the total domestic demand. The plant produces edible and technical gelatin and uses bovine hide as the raw material, which is sourced from slaughterhouses and meat processors. Fish gelatin is gradually gaining popularity among the cosmetics and health supplement manufacturers in the country. However, the production of fish gelatin is extremely limited in the country, thereby creating a potential market in the country and generating interest among gelatin manufacturers to produce the same.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa gelatin market , including forecasts for subscribers. This country databook contains high-level insights into South Africa gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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