The global pharmaceutical grade gelatin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Gelatin is an animal protein that is made by boiling the collagenous material from animal bones, hides, and skins. Gelatin has many applications in the pharmaceutical industry. It is used to make hard and soft gelatin capsules among several other uses such as tablets, emulsions, suppositories and syrups. The major factor for the growth of the market is the increasing application in the pharmaceutical industry.
Moreover, gelatin has several capabilities such as gelling, adhesion, coating, binding, and film-building. It increases its use in the pharmaceutical industry such as gelatin coating on hard capsules, soft gel capsules, and tablets. It supports to masks the odor of medicines and facilitates ease in swallowing. Furthermore, the properties of gelatin are useful against environmental changes to protect the products which increase the shelf-life of products. Hence, these applications of gelatin in the pharmaceutical industry is expected to drive the growth of the global pharmaceutical grade gelatin market during the forecast period.
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Some major players in the global pharmaceutical grade gelatin market include Darling Ingredients Inc., Nitta Gelatin Inc., and Tessenderlo Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in May 2021, Rousselot, a brand of Darling Ingredients launched X-Pure GelDAT, the first-ever purified and phenol-functionalized gelatin.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Application
· By Source
· By Function
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape– Darling Ingredients Inc., Nitta Gelatin Inc., and Tessenderlo Group, among others.
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Global Pharmaceutical Grade Gelatin Market Report by Segment
By Application
· Hard Capsules
· Soft Capsules
· Tablets
· Absorbable Hemostats
· Others
By Source
· Porcine
· Bovine Skin
· Bovine Bone
· Marine
· Poultry
By Function
· Stabilizing Agents
· Thickening Agents
· Gelling Agents
Global Pharmaceutical Grade Gelatin Market Report by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
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