Market Size of India Gelatin Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2019 |
CAGR | 5.34 % |
Market Concentration | High |
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India Gelatin Market Analysis
The India Gelatin Market stood at 102.46 million usd in 2021 and is projected to register a CAGR of 5.34% to reach 132.91 million usd in 2026.
- Largest Segment by Form - Animal Based : Animal-based gelatin’s relatively lower price and its suitability for people with shellfish allergies have helped the segment take the lead in the form category.
- Largest Segment by End User - Food and Beverages : The F&B sector’s dominant position is mainly due to gelatin’s application in the bakery sector. The blend of gelatin and other protein sources is widely used in the sector.
- Fastest Growing Segment by Form - Marine Based : High bioavailability and the rising awareness of its health benefit and proven functionalities are the primary factors responsible for the segment’s fastest growth.
- Fastest Growing Segment by End User - Personal Care and Cosmetics : Numerous functionalities and high demand for protein-fortified skincare products may propel the growth of the personal care and cosmetics segment during the forecast period.
India Gelatin Industry Segmentation
By Form | |
Animal Based | |
Marine Based |
By End User | |||||||||
Personal Care and Cosmetics | |||||||||
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India Gelatin Market Size Summary
The Indian gelatin market has been experiencing growth due to its high demand in the food and beverage sector, where it is used for its excellent gelling, stabilizing, and forming character. The market is also being driven by the rising demand for clean-label products and the increasing use of gelatin in cosmetics. The cost of gelatin is influenced by the prices of its raw materials, which have been rising moderately due to growing demand from end-use industries. The market is also expected to benefit from new production facilities in India. The food and beverage sector remains the largest segment in the Indian gelatin market, with an increase in application mainly in bakery and ready-to-eat/ready-to-cook food products. The growth of the nutraceutical food industry in the country has also boosted the demand for gelatin. The market is further expected to grow due to the emulsifying effects of gelatin, which help smoothen food texture and provide body to food. The Indian gelatin market is fragmented, with the top companies focusing on online distribution channels for product promotion and brand expansion.
Explore MoreIndia Gelatin Market Size - Table of Contents
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1. Market Segmentation
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1.1 By Form
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1.1.1 Animal Based
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1.1.2 Marine Based
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1.2 By End User
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1.2.1 Personal Care and Cosmetics
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1.2.2 Food and Beverages
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1.2.2.1 Bakery
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1.2.2.2 Beverages
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1.2.2.3 Condiments/Sauces
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1.2.2.4 Confectionery
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1.2.2.5 Dairy and Dairy Alternative Products
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1.2.2.6 RTE/RTC Food Products
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1.2.2.7 Snacks
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India Gelatin Market Size FAQs
What is the current India Gelatin Market size?
The India Gelatin Market is projected to register a CAGR of 5.34% during the forecast period (2023-2028).
Who are the key players in India Gelatin Market?
Foodchem International Corporation, Foodmate Co. Ltd, India Gelatine & Chemicals Ltd, Jellice Group and Nitta Gelatin Inc. are the major companies operating in the India Gelatin Market.