Gelatin capsules Market Estimated to Show Significant Growth between 2023-2030
The Gelatin capsules Market had a global size of USD 5.86 Billion in 2021 and is expected to experience a substantial compound annual growth rate (CAGR) of 9.6% throughout the forecast period. The growth of the market is fueled by the increased use of Gelatin capsules in the pharmaceutical and healthcare sectors, as well as its high demand in functional food applications due to its ability to prevent various diseases, improve food quality, and aid in food fortification.
Gelatin capsules is a natural protein derived from collagen found in skin and bones. It is used as an excipient in the manufacture of hard capsules and soft gels, and it also provides protection to sensitive substances from air, light, microbial development, and other forms of contamination, which contributes to the growth of the market. In tablet binding, two types of Gelatin capsules, non-gelling and gelling, are typically used. Gelling is employed in compression after the powder has been granulated, and it has a higher gel strength, which provides tablets with cohesion, resilience, and hardness, and disintegrates at a slower rate.
Furthermore, Gelatin capsules is a common hemostatic substance used by surgeons to reduce blood loss during surgery, which is increasing demand for the product. Gelatin capsules-based hemostats are primarily produced from pig collagen Gelatin capsules and are available in sponges, strips, powder, or nanofibers. Gelatin capsules has an outstanding ability to absorb over forty times its weight, making it ideal for artificial blood clotting and blood flow control. Moreover, when combined with thrombin, Gelatin capsules aids in the development of blood clots, which contributes to the revenue growth of the market.
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Major Companies:
Darling Ingredients, Gelita, Junca Gelatin capsuleses, Tessenderlo Group, Nitta Gelatin capsules, Weishardt, India Gelatin capsulese Chemicals, Trobas Gelatin capsulese, Lapi Gelatin capsulese, Sterling Biotech Group, Gelnex., ItalGelatin capsulese
Driving Factors and Restrain of Gelatin capsules Market:
The driving factors of the Gelatin capsules market include the increasing usage of Gelatin capsules in the pharmaceutical and healthcare sectors, high demand for Gelatin capsules in functional food applications due to its ability to prevent various diseases, and its use as an excipient in the manufacture of hard capsules and soft gels. Gelatin capsules also aids in protecting sensitive substances from air, light, microbial development, and other forms of contamination, and it is a common hemostatic substance used by surgeons to reduce blood loss during surgery. Additionally, Gelatin capsules has an outstanding ability to absorb over forty times its weight, making it ideal for artificial blood clotting and blood flow control.
However, there are some restraints to the Gelatin capsules market's growth, such as the fluctuating costs of raw materials and the potential risk of transmitting diseases through Gelatin capsules derived from animal sources. There are also concerns about the ethical treatment of animals, which could lead to increased scrutiny and regulation of the Gelatin capsules industry. Furthermore, the rise of vegan and vegetarian lifestyles may reduce demand for Gelatin capsules, as it is derived from animal sources. These factors could have a negative impact on the growth of the Gelatin capsules market in the future.
Some Current Trends in The Gelatin capsules Market:
- Increasing demand for functional and fortified foods due to the health benefits of Gelatin capsules
- Growing usage of Gelatin capsules in the pharmaceutical and healthcare sectors
- Expansion of the confectionery and meat processing industries, which are major users of Gelatin capsules
- Development of innovative and sustainable Gelatin capsules sources, such as plant-based and marine-based Gelatin capsuless
- Growing popularity of collagen supplements and beauty products containing Gelatin capsules
- Rising demand for halal and kosher-certified Gelatin capsules products
- Use of Gelatin capsules in 3D printing of food products
- Adoption of advanced technologies for the production of high-quality and pure Gelatin capsules products
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