According to a new report by UnivDatos, the India Gelatin Market is expected to reach ~USD Million in 2032 by growing at a CAGR of ~7.50%.

Key Highlights of the Report:

Ø Tremendous Growth in the Uses of Gelatin – The expansion of pharmaceutical & nutraceutical industries and the use of gelatin in the food sector are the key drivers.

Ø Rise of collagen-based products – An increasing number of consumers are focusing on their skin, and joint problems, giving impetus for gelatin.

Ø Improved technology – There is increased research and development of enhanced ways of extraction to the products as well as environmentally friendly methods of production.

Ø Export and Certification Focus – To increase export and fulfill the international quality standard certifications are being attained nowadays by the firms.

Ø Alternative Sources – Manufacturers currently use fish-based and plant-based gelatin to satisfy more clients’ requirements.

The major driving forces that are contributing to the growth of the gelatin market include rising demand for gelatin in pharmaceuticals, nutraceuticals, and F&B. This market is growing due to increasing concern for personal health and well-being, thus making many people prefer collagen-based supplements, which include gelatin. Government policies in favor of domestic automotive manufacturing are fostering the growth of the industry along with export incentive policies.

For instance, in January 2021, Nitta Gelatin India launched a premium gelatin of international standard in the HoReCa category. Food connoisseurs can now look forward to preparing and experiencing a variety of desserts, jellies, frozen sweets, soft candies, marshmallows, etc., at international standards. This is the first time a gelatin manufacturer in India is offering food-grade gelatin in their brand for the retail segment.

Region Driving Growth:

West India is expected to grow with a significant CAGR during the forecast period.

West India, particularly Maharashtra and Gujarat, serves as a major gelatin manufacturing hub due to its well-established chemical and food processing industries. The presence of major ports facilitates easy export of gelatin to international markets. Growth in the purchasing power of the population and enhancing the industrial base of megacities such as Mumbai and Ahmedabad have led to higher consumption of processed food items and pharmaceuticals respectively. There are enough raw materials to produce gelatin because the region has a robust trade in meat and dairy products. They are fostered by increased spending on biotechnology and medical-related businesses and services which in turn increases the market opportunities.

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India Gelatin Market Driver

This section discusses the key market drivers that are influencing the various segments of the Indian Gelatin market, as identified by our team of research experts.

Rising use of gelatin in skincare, haircare, and anti-aging formulations

The usage of gelatin for skincare, haircare, and anti-aging products has increased in India because of collagen-promoting propensity. Due to new trends of health-conscious customers, the regular use of gelatin-based beauty supplements and beauty products is being produced by various companies in the market. To increase the bioavailability of encapsulated bioactive peptides and hydrolyzed gelatin, the manufacturers are focusing on research & development. Affiliate marketing alliances with manufacturers of personal care products and the shift to the online trading system have also played a big role in increased penetration of the market.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2024−2032F.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis by Source, By Form, By Application; Region

Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Contact Us:

UnivDatos

Email - contact@univdatos.com

Website - www.univdatos.com