U.S. Gelatin Market Size & Outlook, 2021-2030
U.S. gelatin market, 2018-2030 (US$M)
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U.S. gelatin market highlights
- The U.S. gelatin market generated a revenue of USD 1,291.9 million in 2021 and is expected to reach USD 3,015.9 million by 2030.
- The U.S. 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 1,291.9 million |
| Market revenue in 2030 | USD 3,015.9 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, U.S. accounted for 22.3% 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 North America, U.S. gelatin market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,015.9 million by 2030.
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Gelatin Market Scope
Gelatin Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 35.52% in 2021. Horizon Databook has segmented the U.S. gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of gelatin market in the country can be attributed to the rising demand for functional food products and flourishing food & beverage sector. Gelatin is widely being used in confectioneries, dairy products, and several dessert preparations as a gelling, emulsifying, stabilizing, and thickening agent. Pigskins or cattle bones are the two major sources used for the production of gelatin in the country owing to the largescale availability of these raw materials.
The presence of long-term and well-established meat processors such as Tyson Foods, Inc., JBS, Cargill, Incorporated, Smithfield Foods, Inc., Hormel Foods Corporation, and Perdue Farms ensures a consistent raw material supply for gelatin production. However, the improper processing of raw materials such as pigskin can result in contamination, thereby, proving to be hazardous for human health upon consumption. Besides, the occurrence of diseases such as bovine spongiform encephalopathy (BSE) is expected to pose a major challenge for gelatin manufacturers.
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Our clientele includes a mix of gelatin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. gelatin market , including forecasts for subscribers. This country databook contains high-level insights into U.S. gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. gelatin market size, by source, 2018-2030 (US$M)
U.S. Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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