Press release
Pharmaceutical Gelatin Market to reach USD 4.9 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast 2023-2029
Pharmaceutical Gelatin Market
This comprehensive report analyzes the global Pharmaceutical Gelatin Market, providing valuable insights into its market values, dynamics, trends, and regional analysis. The market was valued at USD 1.2 billion in 2022, and it is expected to reach USD 4.9 billion by 2029, with a projected CAGR of 5.4% during the forecast period (2023-2029).
The report is based on a rigorous research methodology, encompassing both primary and secondary sources to provide accurate and up-to-date information on the Pharmaceutical Gelatin Market.
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Pharmaceutical Gelatin Market Dynamics:
Rising Demand for Gelatin-based Medical Devices: The surge in popularity of medical devices made from gelatin is attributed to its natural compatibility with the human body, making it ideal for various medical applications, including wound dressings and drug delivery systems. The demand for such gelatin-based medical devices is expected to grow, positively impacting healthcare and patient recovery.
Technology Integration in Gelatin Production: Technological advancements in gelatin production have led to increased efficiency, reduced costs, and improved product quality. Automation and modern machinery offer precise control over the extraction and purification process, leading to a higher-quality end product.
Growing Demand for Vegan and Vegetarian Products: With the increasing preference for vegan and vegetarian alternatives, the pharmaceutical industry is exploring plant-based substitutes for gelatin. This trend is expected to drive significant growth in the plant-based pharmaceutical gelatin market.
Pharmaceutical Gelatin Market Regional Insights:
North America: North America accounted for approximately 37% of the market in 2022. The region's growth is driven by the prevalence of chronic diseases and the presence of key players in the pharmaceutical gelatin industry. The demand for hard and soft gelatin capsules in the United States and Canada has contributed to market growth.
Europe: Europe is the second largest market, with a share of about 28% in 2022. The market's growth in Europe is influenced by the increasing demand for gelatin-based medical devices in countries like Germany, France, and Italy.
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Pharmaceutical Gelatin Market Segmentation:
by Application
Hard Capsules
Soft Capsules
Tablets
Microencapsulation
Others
by Source
Porcine
Bovine
Fish
Poultry
by End User
Pharmaceutical Companies
Nutraceutical Companies
Research Institutes
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Pharmaceutical Gelatin Market Key Players:
1. Gelita AG (Germany)
2. Rousselot (Irving, Texas)
3. Nitta Gelatin Inc (India)
4. PB Gelatins (China)
5. Weishardt Group (France)
6. Capsugel Belgium NV (Bornem, Belgium)
7. Sterling Gelatin (India)
8. India Gelatin & Chemicals Ltd (India)
9. Tessenderlo Group (Belgium)
10. Darling Ingredients Inc (Texas)
11. Junca Gelatins S.L (Spain)
12. Norland Products Inc (U.S)
13. Catalent Pharma Solutions (U.S)
14. Gelken Gelatin Co., Ltd (China)
15. Trobas Gelatin B.V (Netherlands)
16. Ewald-Gelatin GmbH (Germany)
17. Lapi Gelatin S.p.A.(Toscana)
18. Gelco SA (Colombia)
19. Qinghai Gelatin Company Ltd (China)
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Table of content for the Pharmaceutical Gelatin Market includes:
1. Global Pharmaceutical Gelatin Market: Research Methodology
2. Global Pharmaceutical Gelatin Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Pharmaceutical Gelatin Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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