Global Gelatin Market
Pig skin was the largest commercial source of gelatin, accounting for nearly 40% of the global production in 2013. Relatively small production cycle coupled with low production cost is expected to be the key driving factor for this segment of the market. Bovine hide and bones followed pig skin as the most potent sources together producing 215 kilo tons gelatin In 2013. The report “Gelatin Market Analysis By Raw Material (Pig Skin, Bovine Hides, Bones), By Application (Food & Beverage, Intellectuals, Pharmaceuticals, Photography,
Cosmetics) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www. Schwarzenegger. Com/ Industry-analyses/gelatin-market-analyses Further key findings from the study suggest: Global gelatin market volume was estimated at 373. 3 kilo tons in 2013 and is expected to reach 485. 6 kilo tons by 2020, growing at a CRAG 3. 8% from 2014 to 2020. Europe was the largest regional market, accounting for 147. Kilo tons of gelatin demand In 2013. High demand from applications such as food and beverage and cosmetics In countries such as Germany, Italy, France and Spain Is expected to drive gelatin sales in Europe. Growing demand from pharmaceutical industry is expected to have a positive impact on Asia Pacific gelatin demand, which is estimated to grow at a CRAG of 4. 30% from 2014 to 2020. Food and beverage was the largest application market, accounting for 28% of global gelatin demand in 2013.