Pharmaceutical Gelatin Market - Global Industry Analysis

Pharmaceutical Gelatin Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Pharmaceutical Report Format : PDF Report Code: ZMR-6415 Status : Upcoming

Description

Global Pharmaceutical Gelatin Market: Overview

By partial hydrolysis of collagen derived from the skins, hides, and bones of the animals, a soluble protein called gelatin is obtained. And gelatin to be considered as pharma-medical grade it has to meet certain standards. Pharmaceutical gelatin provides manufacturers of supplements and drugs a versatile excipient which is been widely used in the pharmaceutical industry for decades. Pharmaceutical gelatin is used in numerous pharmaceutical applications such as the production of softgels, hard capsules, tablets, as a stabilizer in vaccines, and many more.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Pharmaceutical Gelatin Market: Growth Factors

The global pharmaceutical gelatin market is growing at a lucrative rate. Factors that are fueling the growth of the global market include expanding use of gelatin in medical & biomedical applications, growing demand for regenerative medicines, and growing preference of the consumer towards soft gelatin capsules as they are neutral in taste & easy to swallow. Further, for a wide range of therapeutic agents and medicines, gelatin capsules are considered to be a perfect delivery vehicle. Additionally, hydrolyzed gelatin is an important component of blood plasma substitute as it is highly compatible, is biodegradable, does not accumulate in the body, has a short retention time, and molecular behavior & viscosity are similar to blood plasma. In some vaccines with low endotoxin levels, purified gelatin is used as a stabilizer and offers several benefits such helps to keep lyophilized products stable, ensures patient safety, and reduces the potential for side effects. In addition to this, natural origin, clean label-friendly, body temperature melting-point, biocompatibility, gel-strength, and thermo-reversible are some of the properties of the gelatin which makes it ideal for a wide range of applications in the pharmaceutical industry. All these factors are spurring the growth of the global pharmaceutical gelatin market. Moreover, the increase in the use of fortified gummies as an alternative delivery system for minerals & vitamins not only for kids but also in the elderly population is also driving the overall market growth. Furthermore, technological advancements to reduce the amount of cross-linking of gelatin in the capsule and enhance its shelf life will have advantageous opportunities for the growth of the global pharmaceutical gelatin market over the forecast period. However, the elevated price of gelatin and easy availability of substitutes may hamper the growth of the global pharmaceutical gelatin market.

During the Covid-19 pandemic, a shortage of gelatin was experienced which affected the global pharmaceutical gelatin market. Drug manufacturers depend on animal sources for gelatin and due to lockdown and restriction on movements, travel curbs abattoirs, and cattle movement, a disruption in this cycle was observed. Additionally, the limitation on personnel movement and a temporary halt on manufacturing units also hampered the productivity of gelatin. Thus, the manufacturing value chain was been hampered in the pandemic period. However, with ease in restrictions and a boom in demand for gelatin in the pharmaceutical is expected to spur the growth of the global market during the forecast period.

Global Pharmaceutical Gelatin Market: Segmentation

The global pharmaceutical gelatin market is divided based on type, function, source, application, and region. Based on type, the global pharmaceutical gelatin market is split into type A and type B. The function segment is bifurcated into gelling agents, thickening agents, stabilizing agents, and others. Poultry, marine, bovine bone, bovine skin, and porcine are the sources of gelatin. The application segment consists of absorbable hemostats, tablets, soft capsules, hard capsules, and others.

Global Pharmaceutical Gelatin Market: Regional Analysis

North America is estimated to hold the largest share in the global pharmaceutical gelatin market during the forecast period. Growing demand for soft gelatin capsules from the geriatric population, growing use of gelatin for stabilizing agents, and absorbable hemostats are boosting the growth of the market in this region. On the other hand, Asia Pacific is anticipated to grow at a faster rate and is expected to offer ample opportunities for market growth. Some of the factors that are propelling the growth of the market in this region include expanding pharmaceutical industries and the easy availability of gelatin sources.

Global Pharmaceutical Gelatin Market: Competitive Players

Darling Ingredients Inc., Gelco International, Xiamen Gelken Gelatin Co. Ltd., Italgelatine S.p.A, Lapi Gelatine S.p.A, Trobas Gelatine B.V., Weishardt, Gelita AG, Tessenderlo Group, and Nitta Gelatin Inc, and others are some of the dominant players that are functioning in the global pharmaceutical gelatin market.

Global Pharmaceutical Gelatin Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content


Frequently Asked Questions

Factors that are fueling the growth of the global market include expanding use of gelatin in medical & biomedical applications, growing demand for regenerative medicines, and growing preference of the consumer towards soft gelatin capsules as they are neutral in taste & easy to swallow. Furthermore, technological advancements to reduce the amount of cross-linking of gelatin in the capsule and enhance its shelf life will have advantageous opportunities for the growth of the global pharmaceutical gelatin market over the forecast period.

Darling Ingredients Inc., Gelco International, Xiamen Gelken Gelatin Co. Ltd., Italgelatine S.p.A, Lapi Gelatine S.p.A, Trobas Gelatine B.V., Weishardt, Gelita AG, Tessenderlo Group, and Nitta Gelatin Inc, and others are some of the dominant players that are functioning in the global pharmaceutical gelatin market.

North America is estimated to hold the largest share in the global pharmaceutical gelatin market during the forecast period. Growing demand for soft gelatin capsules from the geriatric population, growing use of gelatin for stabilizing agents and absorbable hemostats are boosting the growth of the market in this region.

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