India Gelatin Market: Current Analysis and Forecast (2024-2032)
Emphasis on Source (Animal Sources, Plant Sources, Marine Sources); Form (Powder, Sheets, Granules); Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics & Personal Care, Others); Region
India Gelatin Market Size & Forecast
The India Gelatin Market was valued at approximately USD ~248.6 million in 2023 and is expected to grow at a substantial CAGR of around 7.50% during the forecast period (2024-2032) owing to the increasing use of gelatin as a stabilizer, thickener, and gelling agent in confectionery, dairy, and bakery products.
India Gelatin Market Analysis
Gelatin is a protein that is obtained from collagen typically from cattle, pigs, and fish species or any other animals. It is used predominantly as a gelling and thickening substance in food production and as a stabilizer in the use of pharmaceuticals and cosmetics. It is widely popular for its popularity as it contains a high amount of amino acids and hence includes collagen-based supplements and functional foods. Gelatin is widely used in confectionery, dairy products, pharmaceutical and medical products, and other nourishing and healthy food products.
Current gelatin manufacturing plants in India are concentrating on quality improvement and betterment of the process through the engagement of efficient extraction techniques in the Gelatin production line. Manufacturers are expanding their product range, targeting the consumers’ religion and dietary restrictions by providing halal-certified, fish-based, and plant-based products. The global and regional pharmaceutical and nutraceutical industries are fostering strategic collaborations for market expansion, and product development linked to investment in R&D is now focused on bioactive and functional gelatin.
India Gelatin Market Trends
This section discusses the key market trends influencing the various segments of the India Gelatin market as identified by our research experts.
Rise in Collagen-Based Products
The growth in the gelatin market across India is attributed to the awareness regarding skin health, joint support, and protein requirement from collagen-based products. Such opportunities refer to the new concept of collagen foods as well as the shifting consumer focus on collagen-enriched foods, beverages, and supplements, which has led to the evolution of new gelatin products. Also, manufacturers are seeking to develop high-purity collagen peptides for the nutraceutical and cosmetics industry through R&D workings. Moreover, strategic partnerships with wellness brands and their e-commerce targeting continue to drive market growth.
India Gelatin Industry Segmentation
This section provides an analysis of the key trends in each segment of the India Gelatin market report, along with forecasts for the India, region for 2024-2032.
The Gelatin sheets market segment is expected to grow with a significant CAGR during the forecast period (2024-20232).
Based on the form, the Indian Gelatin market is segmented into powder, sheets, and granules. The Gelatin sheets segment is expected to grow with a significant CAGR during the forecast period (2024-20232). Gelatin sheets are used in the food industry particularly in confectionery, bakeries, and pharmaceuticals because they dissolve well and are chemically pure. The increasing market for high-quality desserts and professional baking food products has increased the use of sheet gelatin. The increase in the demand for gelatin sheets in other sectors, especially in the hospitality and packaged food industry is also contributing to the consumption rate of this product. This factor increases the demand since consumers are becoming more conscious of quality food ingredients.
The food & beverages segment held a significant share of the gelatin market in 2023
Based on the application, the Indian Gelatin market is segmented into food & beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and others. The food & beverages segment held a significant share of the market in 2023. This is mainly due to its applications in dairy products, confectionery products, and meat products. The need for functional foods and snacks, protein-based foods, and natural gelling agents has increased, boosting the market. These include factors such as higher disposable cash and an increased population in urban centers who prefer convenience and packaged foods.
North India is expected to be the fastest-growing region
As for gelatin, North India is a significant consumer because of the pharmaceutical and nutraceutical sectors’ prominence in the region. The region's strong presence of food processing hubs, especially in Delhi, Punjab, and Haryana, boosts the use of gelatin in confectionery and dairy products. People are gaining consciousness of collagen-based supplements that are gelatin, and therefore the product is finding its way within the health and wellness niches. The policies favoring industrial development and exports increase the demand for gelatin and complement the market. The rising population in the consumption of meat products guarantees a consistent availability of materials for developing gelatin locally. The gelatin market in North India is likely to grow due to manufacturing facilities being developed in North India by various firms. Major players are therefore forging closer ties with nutraceutical players to bring newer products into the collagen space.
India Gelatin Industry Competitive Landscape
The India Gelatin Market is competitive, with several regional players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, geographical expansions, and mergers and acquisitions.
Top Gelatin Manufacturing Companies in India
Some of the major players operating in the market are India Gelatine & Chemicals Ltd., Nitta Gelatin India Limited, Rama Industries Ltd, STERLING GELATIN (Perfect Day, Inc.), Raymon Patel Gelatine Pvt. Ltd., C.J.GELATINE PRODUCTS LIMITED, Pioneer Jellice India Private Ltd, Narmada Gelatines Limited, Strides Pharma Science Limited, ACG.
Recent Developments in the India Gelatin Market
- In January 2021 – Nitta Gelatin India launched a premium gelatin of international standard in the HoReCa category. Food connoisseurs can now look forward to preparing and experiencing a variety of desserts, jellies, frozen sweets, soft candies, marshmallows, etc., at international standards. This is the first time a gelatin manufacturer in India is offering food-grade gelatin in their own brand for the retail segment.
- In March 2023, GELITA launched a fast-setting gelatin that enables a breakthrough in fortified gummy production. Branded CONFIXX, the new gelatin allows for the starch-free production of gummies with a sensorial profile that has previously only been attainable with a starch-based manufacturing process.
India Gelatin Market Report Coverage
Report Attribute | Details |
Base year | 2023 |
Forecast period | 2024-2032 |
Growth momentum | Accelerate at a CAGR of 7.50% |
Market size 2023 | USD ~248.6 million |
Regional analysis | North India, South India, West India, East India |
Major contributing region | The West India region is expected to grow at the highest CAGR during the forecasted period. |
India Gelatine & Chemicals Ltd., Nitta Gelatin India Limited, Rama Industries Ltd, STERLING GELATIN (Perfect Day, Inc.), Raymon Patel Gelatine Pvt. Ltd., C.J.GELATINE PRODUCTS LIMITED, Pioneer Jellice India Private Ltd, Narmada Gelatines Limited, Strides Pharma Science Limited, ACG | |
Report Scope | Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling |
Segments Covered | By Source, By Form, By Application, By Regions |
Reasons to buy India Gelatin Market report:
- The India Gelatin market analysis includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The India Gelatin market can be customized further as per the requirement or any other market segment. Besides this, UnivDatos understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for India Gelatin Market Analysis (2022-2032)
We analyzed the historical market, estimated the current market, and forecasted the future market of the India Gelatin market to assess its application in major Indian regions. We conducted exhaustive secondary research to gather historical market data and estimate the current market size. To validate these insights, we carefully reviewed numerous findings and assumptions. Additionally, we conducted in-depth primary interviews with industry experts across the India Gelatin value chain. After validating market figures through these interviews, we used both top-down and bottom-up approaches to forecast the overall market size. We then employed market breakdown and data triangulation methods to estimate and analyze the market size of industry segments and sub-segments.
Market Engineering
We employed the data triangulation technique to finalize the overall market estimation and derive precise statistical numbers for each segment and sub-segment of the India Gelatin market. We split the data into several segments and sub-segments by analyzing various parameters and trends, including source, form, application, and regions within the India Gelatin market.
The main objective of the India Gelatin Market Study
The study identifies current and future trends in the India Gelatin market, providing strategic insights for investors. It highlights regional market attractiveness, enabling industry participants to tap into untapped markets and gain a first-mover advantage. Other quantitative goals of the studies include:
- Market Size Analysis: Assess the current and forecast market size of the India Gelatin market and its segments in terms of value (USD).
- India Gelatin Market Segmentation: Segments in the study include areas of source, form, application, and regions.
- Regulatory Framework & Value Chain Analysis: Examine the regulatory framework, value chain, customer behavior, and competitive landscape of the India Gelatin industry.
- Regional Analysis: Conduct detailed regional analysis for key areas such as North India, South India, West India, East India.
- Company Profiles & Growth Strategies: Company profiles of the India Gelatin market and the growth strategies adopted by the market players to sustain in the fast-growing market.
Frequently Asked Questions FAQs
Q1: What is the India Gelatin market's current size and growth potential?
The India Gelatin market was valued at USD ~248.6 million in 2023 and is expected to grow at a CAGR of 7.50% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the India Gelatin market?
The high consumption of gelatin in soft gel capsules, growing demand in the food & beverage industry, rising nutraceutical consumption, growing demand for clean-label products, and rising use of gelatin in skincare, haircare, and anti-aging formulations drive the market.
Q3: In the source category, which segment has the largest market share of the India Gelatin market?
The animal sources gelatin market segment has the largest market share of the India Gelatin market.
Q4: What are the major trends in the India Gelatin market?
The rise in collagen-based products and the adoption of advanced extraction techniques are the major trends in the India Gelatin market.
Q5: Which region will dominate the India Gelatin market?
The North India region dominated the market in 2023.
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