Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel

Description

List of Tables

Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel-Global Forecast to 2031

According to a new market research report titled, 'Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel-Global Forecast to 2031' published by Meticulous Research(R), the bovine gelatin market is projected to reach $3.08 billion by 2031, at a CAGR of 8.5% during the forecast period 2024-2031. The report provides an in-depth analysis of the bovine gelatin market across five major geographies, along with current market trends, market sizes, recent developments, and forecasts to 2031.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of key industry drivers, restraints, opportunities, challenges, and trends.

The growth of the bovine gelatin market is primarily driven by the growing demand for functional and convenience food products, the increasing application of gelatin in the pharmaceutical industry, growing protein and nutricosmetics consumption, the rising geriatric population, and the consumption of gelatin-based products among athletes. However, safety concerns and the limited acceptance of bovine gelatin due to cultural restrictions restrain the growth of this market.

Moreover, the use of gelatin in fortified confectionery and sports nutrition products is expected to generate growth opportunities for the stakeholders in this market. However, the rising prices and scarcity of raw materials are a major challenge in the bovine gelatin market.

Key Players

The key players operating in the bovine gelatin market are Nitta Gelatin Inc. (Japan), GELITA AG (Germany), LAPI GELATINE S.p.a. (Italy), Bernard Jansen Products Inc. (U.S.), Nutra Food Ingredients, LLC (U.S.), Darling Ingredients Inc. (U.S.), Jellice Pioneer Europe B.V. (Netherlands), Tessenderlo Group NV (Belgium), Trobas Gelatine B.V. (Netherlands), GELNEX (Brazil), Weishardt (France), Junca Gelatines SL (Spain), and India Gelatine & Chemicals Ltd. (India).

Based on type, the bovine gelatin market is segmented into type A and type B. In 2024, the type A segment is expected to account for the larger share of the bovine gelatin market. The segment's large share is attributed to the wider usage of type A bovine gelatin in the food & beverage industry and the excellent nutritional composition of type A bovine gelatin. Also, type A bovine gelatin is valued in the food industry for its ability to improve the texture and mouthfeel of products. Type A bovine gelatin also provides a smooth and creamy texture to desserts, confectionery items, dairy products, and meat products. These factors contribute to the segment's large share.

Based on nature, the bovine gelatin market is segmented into organic and conventional. In 2024, the conventional segment is expected to account for the larger share of the bovine gelatin market. Conventional bovine gelatin is comparatively more economical for mass manufacturing and, hence, is widely adopted by manufacturers. Also, consumers in developing economies are more conscious about product prices while making purchase decisions. Also, consumers' rising awareness about the health benefits of bovine gelatin is driving the consumption of conventional gelatin in developing economies. These factors contribute to the segment's large share.

However, the organic segment is projected to witness significant growth during the forecast period 2024-2031. The rapid growth of this segment is mainly driven by consumers' growing preference for organic products.

Based on form, the bovine gelatin market is segmented into powder, liquid, and other forms. The powder segment is projected to witness the highest growth during the forecast period 2024-2031. The rapid growth of this segment is mainly driven by the several advantages of bovine gelatin powder, including ease of use & storage and cost-effectiveness. With the ability to dissolve in both hot and cold liquids, powdered bovine gelatin provides flexibility and control over hydration, ensuring desired texture and consistency. Additionally, its long shelf life, compact storage, and widespread availability make it a practical choice for home cooks and commercial food producers.

Based on function, the bovine gelatin market is segmented into stabilizer, thickener, gelling agent, and other functions. The thickener segment is projected to witness significant growth during the forecast period 2024-2031. The rapid growth of this segment is mainly driven by the ability of bovine gelatin to improve liquids' viscosity without changing the inherent characteristics. The demand for ingredients such as thickeners is expected to rise as the food sector expands in the Asia-Pacific region as a result of the rising populations and per capita incomes in countries like China and India.

Based on application, the bovine gelatin market is segmented into food & beverages, cosmetics & personal care, pharmaceuticals, nutraceuticals, and other applications. In 2024, the food & beverages segment is expected to account for the largest share of the bovine gelatin market. The segment's large share is mainly attributed to vast applications of bovine gelatin across the food & beverage industry due to its unique gelling and surface behavior properties. These properties are crucial for achieving the desired texture, consistency, and quality in various food products. In addition, bovine gelatin is a protein-rich ingredient. In protein bars, drinks, and other functional foods, it serves as a protein supplement, contributing to the nutritional content of the final product. These factors contribute to the segment's large share.

Based on distribution channel, the bovine gelatin market is segmented into business-to-business (B2B) and business-to-consumer (B2C). The business-to-consumer (B2C) segment is projected to witness significant growth during the forecast period 2024-2031. The rapid growth of this segment is mainly driven by the rising population density in urban areas, the increasing trend of online shopping, the rising popularity of franchising, and consumers' growing preference for personalization, convenience, and wider product selection.

Based on geography, the bovine gelatin market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of the bovine gelatin market. The large share of this regional market is mainly attributed to the growing health awareness, rising aging population, health and wellness trends, and the increasing demand for bovine gelatin from end-use industries such as food & beverage, pharmaceuticals, and cosmetics. Moreover, the rising demand for packaged products in countries such as Germany and the U.K. also drives the demand for bovine gelatin due to its use as a stabilizer in packaged foods to improve shelf life.

However, Asia-Pacific is projected to record the highest CAGR during the forecast period due to the increasing number of food manufacturers and the expanding food processing industry, particularly in China and India, rapid growth in the population, rising awareness regarding nutrition and personal well-being, the steady pace of industrialization, consumers' high spending on personal care products, and the abundant availability of raw materials for bovine gelatin manufacturing.

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of type, nature, form, function, application, distribution channel, and geography?
What is the historical market size for bovine gelatin across the globe?
What are the market forecasts and estimates for the period 2024-2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the bovine gelatin market?
Who are the major players in this market, and what are their market shares?
Who are the major players in various countries, and what are their market shares?
What is the competitive landscape like?
What are the growth strategies adopted by major players in the bovine gelatin market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the bovine gelatin market, and how do they compete with the other players?

Scope of the Report:

Bovine Gelatin Market Assessment-by Type

Type A
Type B

Bovine Gelatin Market Assessment-by Nature

Organic
Conventional

Bovine Gelatin Market Assessment-by Form

Powder
Liquid
Other Forms

Bovine Gelatin Market Assessment-by Function

Stabilizer
Thickener
Gelling Agent
Other Functions

Bovine Gelatin Market Assessment-by Application

Food & Beverages
- Dairy Products
- Confectionery Products
- Convenience Foods
- Desserts
- Beverages
- Other Food & Beverages
Cosmetics & Personal Care Products
Pharmaceuticals
Nutraceuticals
Other Applications

Bovine Gelatin Market Assessment-by Distribution Channel

Business-to-business (B2B)
Business-to-consumer (B2C)
- Supermarkets & Hypermarkets
- Specialty Stores
- Pharmacies & Drug Stores
- E-commerce
- Other Distribution Channels

Bovine Gelatin Market Assessment-by Geography

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe (RoE)
Asia-Pacific (APAC)
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific (RoAPAC)
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America (RoLATAM)
Middle East & Africa

Product Code: MRFB - 1041111

1. Market Definition & Scope

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Process of Data Collection and Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
  - 2.3.1.1. Bottom-Up Approach
  - 2.3.1.2. Top-Down Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview
3.2. Segmental Analysis
- 3.2.1. Global Bovine Gelatin Market Analysis: by Type
- 3.2.2. Global Bovine Gelatin Market Analysis: by Nature
- 3.2.3. Global Bovine Gelatin Market Analysis: by Form
- 3.2.4. Global Bovine Gelatin Market Analysis: by Function
- 3.2.5. Global Bovine Gelatin Market Analysis: by Application
- 3.2.6. Global Bovine Gelatin Market Analysis: by Distribution Channel
3.3. Regional Analysis
3.4. Competitive Scenario & Key Players

4. Market Insights

4.1. Overview
4.2. Factors Affecting Market Growth
- 4.2.1. Growing Demand for Functional and Convenience Food Products
- 4.2.2. Increasing Application of Gelatin in Pharmaceutical Industry
- 4.2.3. Growing Protein and Nutricosmetics Consumption
- 4.2.4. Rising Geriatric Population and Athletes Aids Consumption of Gelatin-based Products
- 4.2.5. Safety Concerns
- 4.2.6. Limited Acceptance Due to Cultural Restrictions
- 4.2.7. Use of Gelatin in Fortified Confectionery and Sport Nutrition Products
- 4.2.8. Rising Prices and Scarcity of Raw Materials
4.3. Regulatory Analysis
- 4.3.1. Overview
- 4.3.2. North America
- 4.3.3. Europe
- 4.3.4. Asia-Pacific
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa
4.4. Value Chain Analysis
4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of Substitutes
- 4.5.4. Threat of New Entrants
- 4.5.5. Degree of Competition

5. Bovine Gelatin Market Assessment-by Type

5.1. Overview
5.2. Type A
5.3. Type B

6. Bovine Gelatin Market Assessment-by Nature

6.1. Overview
6.2. Organic
6.3. Conventional

7. Bovine Gelatin Market Assessment-by Form

7.1. Overview
7.2. Powder
7.3. Liquid
7.4. Other Forms

8. Bovine Gelatin Market Assessment-by Function

8.1. Overview
8.2. Stabilizer
8.3. Thickener
8.4. Gelling Agent
8.5. Other Functions

9. Bovine Gelatin Market Assessment-by Application

9.1. Overview
9.2. Food & Beverages
- 9.2.1. Dairy Products
- 9.2.2. Confectionery
- 9.2.3. Convenience Foods
- 9.2.4. Desserts
- 9.2.5. Beverages
- 9.2.6. Other Food & Beverages
9.3. Cosmetics & Personal Care
9.4. Pharmaceuticals
9.5. Nutraceuticals
9.6. Other Applications

10. Bovine Gelatin Market Assessment-by Distribution Channel

10.1. Overview
10.2. Business-to-business (B2B)
10.3. Business-to-consumer (B2C)
- 10.3.1. Supermarkets & Hypermarkets
- 10.3.2. Specialty Stores
- 10.3.3. Pharmacies & Drug Stores
- 10.3.4. E-commerce
- 10.3.5. Other Distribution Channels

11. Bovine Gelatin Market Assessment-by Geography

11.1. Overview
11.2. North America
- 11.2.1. U.S.
- 11.2.2. Canada
11.3. Europe
- 11.3.1. Germany
- 11.3.2. France
- 11.3.3. U.K.
- 11.3.4. Italy
- 11.3.5. Spain
- 11.3.6. Rest of Europe (RoE)
11.4. Asia-Pacific
- 11.4.1. China
- 11.4.2. India
- 11.4.3. Japan
- 11.4.4. Australia
- 11.4.5. Rest of Asia-Pacific (RoAPAC)
11.5. Latin America
- 11.5.1. Brazil
- 11.5.2. Mexico
- 11.5.3. Argentina
- 11.5.4. Rest of Latin America (RoLATAM)
11.6. Middle East and Africa

12. Competition Analysis

12.1. Overview
12.2. Key Growth Strategies
12.3. Competitive Benchmarking
12.4. Competitive Dashboard
- 12.4.1. Industry Leaders
- 12.4.2. Market Differentiators
- 12.4.3. Vanguards
- 12.4.4. Emerging Companies
12.5. Market Share Analysis, by the Key Player/Key Market Ranking, 2023

13. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)

13.1. Nitta Gelatin Inc.
13.2. GELITA AG
13.3. LAPI GELATINE S.p.a.
13.4. Bernard Jansen Products Inc.
13.5. Nutra Food Ingredients, LLC
13.6. Darling Ingredients Inc.
13.7. Jellice Pioneer Europe B.V.
13.8. Tessenderlo Group NV
13.9. Trobas Gelatine B.V.
13.10. GELNEX
13.11. Weishardt
13.12. Junca Gelatines SL
13.13. India Gelatine & Chemicals Ltd.

(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)

14. Appendix

14.1. Available Customization
14.2. Related Reports