Thailand Gelatin Market Size & Outlook, 2021-2030
Thailand gelatin market, 2018-2030 (US$M)
Related Markets
Thailand gelatin market highlights
- The Thailand gelatin market generated a revenue of USD 62.4 million in 2021 and is expected to reach USD 156.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 10.7% 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 62.4 million |
| Market revenue in 2030 | USD 156.2 million |
| Growth rate | 10.7% (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, Thailand 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 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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Thailand 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 35.26% in 2021. Horizon Databook has segmented the Thailand gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The gelatin market is poised to grow at a substantial growth rate in Thailand, on the account of rising beverages and confectionery markets. According to DPO International, the confectionery market in Thailand is expected to grow at 5.49% from 2022 to 2027. In addition, there has been a strong upsurge in the demand for medicated confectionery products and this demand is expected to record the strongest retail value growth due to the increasing health awareness among the population.
The increasing demand for confectionery products, especially medicated confectionery products, is anticipated to have a positive impact on the country’s gelatin market. In addition, the overall beverages industry in Thailand is anticipated to grow at 15.28% from 2022 to 2027 because of increasing demand for alcoholic beverage, such as wine and beer, coupled with increased demand for vegetable and fruits juice and various functional beverages. The COVID-19 pandemic has promoted customers to shift to functional beverages as a part of healthier diet. The rising consumption of various functional beverages, especially post COVID-19, is likely to boost the gelatin market in the country.
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Target buyers of Thailand 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 Thailand gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Thailand gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand gelatin market size, by source, 2018-2030 (US$M)
Thailand Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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