New Study from StrategyR Highlights a 669.7 Thousand Metric Tons Global Market for Gelatin by 2026

SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Gelatin - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 20; Released: April 2021
Executive Pool: 497
Companies: 58 - Players covered include Capsugel Inc.; Darling Ingredients Inc.; Ewald-Gelatine GmbH; Gelita AG; Gelnex; Italgelatine S.p.A.; Juncà Gelatines S.L; LAPI GELATINE S.p.a.; Nitta Gelatin, Inc.; REINERT GRUPPE Ingredients GmbH; Rousselot B.V.; Sterling Biotech Limited; Suheung Co., Ltd.; Tessenderlo Group NV; The Roxlor Group; Trobas Gelatine BV; Weishardt Holding SA and Others.
Coverage: All major geographies and key segments
Segments: Raw Material (Pig Skin, Bovine Hides, Bones, Other Raw Materials); Application (Food & Beverage, Pharmaceuticals, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Gelatin Market to Reach 669.7 Thousand Metric Tons by 2026
Amid the COVID-19 crisis, the global market for Gelatin estimated at 516.8 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 669.7 Thousand Metric Tons by 2026, growing at a CAGR of 4.3% over the analysis period. Pig Skin, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach 298.8 Thousand Metric Tons by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bovine Hides segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at 144.3 Thousand Metric Tons in 2021, While China is Forecast to Reach 141.3 Thousand Metric Tons by 2026
The Gelatin market in the U.S. is estimated at 144.3 Thousand Metric Tons in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 141.3 Thousand Metric Tons by the year 2026 trailing a CAGR of 7.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Bones Segment to Reach 171.7 Thousand Metric Tons by the year 2026
In the global Bones segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of 97.2 Thousand Metric Tons in the year 2020 will reach a projected size of 129.9 Thousand Metric Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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