Pharmaceutical Gelatin Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Pharmaceutical Gelatin Market Trends and Forecast

The future of the global pharmaceutical gelatin market looks promising with opportunities in the hard capsule, softgel capsule, tablet, and absorbable hemostat segments. The global pharmaceutical gelatin market is expected to reach an estimated $1.6 billion by 2028 with a CAGR of 5.7% from 2023 to 2028. The major drivers for this market are increasing geriatric population, growing awareness towards consumption of nutrition rich food, and surging demand for pharma gelatin in vaccines, tablets, and other applications.

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.

Pharmaceutical Gelatin Market by Segment

The study includes trends and forecast for the global pharmaceutical gelatin market by type, function, source, application, and region, as follows:

Pharmaceutical Gelatin Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Type A
• Type B

Pharmaceutical Gelatin Market by Function [Value ($B) Shipment Analysis from 2017 to 2028]:

• Stabilizing Agent
• Thickening Agent
• Gelling Agent & Other Function

Pharmaceutical Gelatin Market by Source [Value ($B) Shipment Analysis from 2017 to 2028]:

• Porcine
• Bovine Skin
• Bovine Bone
• Marine
• Poultry

Pharmaceutical Gelatin Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

• Hard Capsules
• Softgel Capsules
• Tablets
• Absorbable Hemostats
• Other Applications

Pharmaceutical Gelatin Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Pharmaceutical Gelatin Companies

Companies in the market compete on the basis of type quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, pharmaceutical gelatin companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduced production costs, and expand their customer base. Some of the pharmaceutical gelatin companies profiled in this report include-

• Darling Ingredients
• Nitta Gelatin
• Tessenderlo Group
• Gelita AG
• Weishardt

Pharmaceutical Gelatin Market Insights

• Lucintel forecasts that type B pharmaceutical gelatin is expected to witness the higher growth over the forecast period as it is use in various applications across the pharmaceutical industry owing to its low production cost and easy availability of raw materials.
• Softgel capsules are expected to witness the highest growth over the forecast period as they are highly beneficial for low-dose lipid-soluble drugs owing to their capability of being formulated for rapid or slow release.
• North America is expected to remain the largest region over the forecast period due to growing demand for prescription and over counter drugs, increasing investment in R&D activities, and presence of highly developed pharmaceutical companies with advanced manufacturing technologies.

Features of the Pharmaceutical Gelatin Market

• Market Size Estimates: Pharmaceutical gelatin market size estimation in terms of value ($B)
• Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Pharmaceutical gelatin market size by various segments, such as type, function, source, application, and region
• Regional Analysis: Pharmaceutical gelatin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different types, functions, sources, applications, and regions for the pharmaceutical gelatin market.
• Strategic Analysis: This includes M&A, new type development, and competitive landscape for the pharmaceutical gelatin market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the pharmaceutical gelatin market size?

Answer: The global pharmaceutical gelatin market is expected to reach an estimated $1.6 billion by 2028.

Q2. What is the growth forecast for pharmaceutical gelatin market?

Answer: The global pharmaceutical gelatin market is expected to grow with a CAGR of 5.7% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the pharmaceutical gelatin market?

Answer: The major drivers for this market are increasing geriatric population, growing awareness towards consumption of nutrition rich food, and surging demand for pharma gelatin in vaccines, tablets, and other applications.

Q4. What are the major segments for pharmaceutical gelatin market?

Answer: The future of the pharmaceutical gelatin market looks promising with opportunities in the hard capsule, softgel capsule, tablet, and absorbable hemostat segments.

Q5. Who are the key pharmaceutical gelatin companies?

Answer: Some of the key pharmaceutical gelatin companies are as follows:

• Darling Ingredients
• Nitta Gelatin
• Tessenderlo Group
• Gelita AG
• Weishardt

Q6. Which pharmaceutical gelatin segment will be the largest in future?

Answer:Lucintel forecasts that type B pharmaceutical gelatin is expected to witness the higher growth over the forecast period as it is use in various applications across the pharmaceutical industry owing to its low production cost and easy availability of raw materials.

Q7. In pharmaceutical gelatin market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to remain the largest region over the forecast period due to growing demand for prescription and over counter drugs, increasing investment in R&D activities, and presence of highly developed pharmaceutical companies with advanced manufacturing technologies.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the global pharmaceutical gelatin market by type (type A and type B), function (stabilizing agent, thickening agent, and gelling agent & other function), source (porcine, bovine skin, bovine bone, marine, and poultry), application (hard capsules, softgel capsules, tablets, absorbable hemostats, and other applications) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or type substitution?
• Q.11. What M&A activity did occur in the last five years and how did they impact the industry?