Pharmaceutical Grade Gelatin Market 2021 Analysis May Set New Growth Story, Forecast to 2027
The global pharmaceutical grade gelatin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Gelatin is an animal protein that is made by boiling the collagenous material from animal bones, hides, and skins. Gelatin has many applications in the pharmaceutical industry. It is used to make hard and soft gelatin capsules among several other uses such as tablets, emulsions, suppositories and syrups. The major factor for the growth of the market is the increasing application in the pharmaceutical industry.
Moreover, gelatin has several
capabilities such as gelling, adhesion, coating, binding, and film-building. It
increases its use in the pharmaceutical industry such as gelatin coating on
hard capsules, soft gel capsules, and tablets. It supports to masks the odor of
medicines and facilitates ease in swallowing. Furthermore, the properties of
gelatin are useful against environmental changes to protect the products which
increase the shelf-life of products. Hence, these applications of gelatin in
the pharmaceutical industry is expected to drive the growth of the global
pharmaceutical grade gelatin market during the forecast period.
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Some major players in the
global pharmaceutical grade gelatin market include Darling Ingredients Inc.,
Nitta Gelatin Inc., and Tessenderlo Group, among others. The market players are
contributing significantly to the growth of the market by the adoption of
various strategies including mergers & acquisitions, geographical
expansion, partnerships and collaborations, and new product launches, to stay competitive
in the market. For instance, in May 2021, Rousselot, a brand of Darling
Ingredients launched X-Pure GelDAT, the first-ever purified and
phenol-functionalized gelatin.
Market Coverage
• The
market number available for – 2020-2027
• Base
year- 2020
• Forecast
period- 2021-2027
• Segment
Covered-
·
By Application
·
By Source
·
By Function
• Regions
Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape- Darling
Ingredients Inc., Nitta Gelatin Inc., and Tessenderlo Group, among others.
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full Report of Pharmaceutical Grade Gelatin Market is Available @ https://www.omrglobal.com/industry-reports/pharmaceutical-grade-gelatin-market
Global
Pharmaceutical Grade Gelatin Market Report by Segment
By Application
·
Hard Capsules
·
Soft Capsules
·
Tablets
·
Absorbable Hemostats
·
Others
By Source
·
Porcine
·
Bovine Skin
·
Bovine Bone
·
Marine
·
Poultry
By Function
·
Stabilizing Agents
·
Thickening Agents
·
Gelling Agents
Global Pharmaceutical Grade Gelatin Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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