Global Gelatin Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Gelatin industry revenue is expected to be around $3.6 billion in 2025 and expected to showcase growth with 7.0% CAGR between 2025 and 2034. The rapid expansion in the Gelatin market signifies its several driving factors key to its ongoing relevance. This substantial surge in prominence is primarily influenced by the escalating demand across various sectors, including industries like pharmaceuticals, food and beverage, cosmetics, and photography. Its the unique properties of Gelatinits versatility, biocompatibility, and ease of availabilitythat make it indispensable in these sectors. Furthermore, rising awareness of its health benefits has increased its consumption, supplementing its demand led market expansion. Additionally, advancements in technologies have facilitated Gelatin production on a larger scale, contributing considerably to this extraordinary market growth
As a crucial multifunctional ingredient, Gelatin is endowed with a myriad of features, such as gelling, binding, emulsifying, and stabilization, amongst others. Its major applications range from food production, where its used in confectionery, dairy, and meat products, to pharmaceuticals, where its widely employed in hard and soft capsule manufacturing and as a coating material.
Market Key Insights
- The Gelatin market is projected to grow from $3.4 billion in 2024 to $6.7 billion in 2034. This represents a CAGR of 7%, reflecting rising demand across Food Industry, Pharmaceutical Industry and Cosmetics & Personal Care.
- Rousselot Inc., Darling Ingredients Inc., Gelita AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Gelatin market and are expected to observe the growth CAGR of 4.5% to 6.7% between 2024 and 2030.
- Emerging markets including Vietnam, Mexico and Turkey are expected to observe highest growth with CAGR ranging between 8.0% to 9.7%.
- Transition like Rise in Health Consciousness has greater influence in U.S. and China market's value chain; and is expected to add $172 million of additional value to Gelatin industry revenue by 2030.
- The Gelatin market is set to add $3.3 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Cosmetics Applications projected to gain a larger market share.
- With Food and beverage industry growth, and Advancements in pharmaceutical applications, Gelatin market to expand 97% between 2024 and 2034.