Pharmaceutical Gelatin Market Future Growth, Competitive Analysis and Forecast 2029


Posted December 13, 2023 by Divya_123

North America is the largest market for pharmaceutical gelatin, accounting for a share of approximately 37% in 2022.
 
Pharmaceutical Gelatin Market size was valued at USD 1.2 Bn in 2022 and Pharmaceutical Gelatin Market revenue is expected to reach USD 4.9 Bn by 2029, at a CAGR of 5.4 % over the forecast period (2023-2029)

Pharmaceutical Gelatin Market Overview:

Extensive Pharmaceutical Gelatin Market analysis is carried out by attentively monitoring important product positioning and the market framework's top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the global Pharmaceutical Gelatin market.

Market Scope:

This research on the Pharmaceutical Gelatin industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Pharmaceutical Gelatin utilizing internal and external private information, as well as relevant patent and regulatory sources.

Pharmaceutical Gelatin Market Dynamics:

A strong, lightweight, and recyclable material is Pharmaceutical Gelatin. Additionally, it is used to make materials for food packaging as well as consumer items like CD and DVD cases. It is a low-cost, high-strength plastic that may be recycled into materials for home building, used to insulate structures, and be made into sterile disposable cutlery. The market is anticipated to grow over the course of the projected period as a result of the expanding product application scope across various end-use sectors.

The market is being driven by the expanding end markets for Pharmaceutical Gelatin, which include the electronics and construction sectors. The expansion of the Pharmaceutical Gelatin market is being driven by the rising usage of expanded Pharmaceutical Gelatin in building and insulation. The Pharmaceutical Gelatin industry will benefit from the rising construction market.

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Pharmaceutical Gelatin Market Segmentation:

The Pharmaceutical Gelatin Market is divided into General Purpose Pharmaceutical Gelatin, High Impact Pharmaceutical Gelatin, and Expandable Pharmaceutical Gelatin based on the type of resin used. With a sales share of about 34.2% in 2022, the High Impact Pharmaceutical Gelatin sector has become the dominating resin type category. High Impact Pharmaceutical Gelatin, which is exceptionally durable and resistant to cracking, is used in the molding process. Painting and gluing are simple and inexpensive. It is used to make housing and covers, weak structural elements, printed graphics, models and prototypes, fittings, and other things. Other grades include those with ignition resistance, high gloss, and environment stress crack resistance. The market expansion for Pharmaceutical Gelatin in this niche is driven by these significant advantages.

by Application

Hard Capsules
Soft Capsules
Tablets
Microencapsulation
Others

by Source

Porcine
Bovine
Fish
Poultry

According to the source, the pharmaceutical gelatin market is divided into four segments: poultry, fish, bovine, and pork. Of these, the porcine sector had the most market share in 2022. because the pharmaceutical business is seeing an increase in the usage of food, medications, and supplements. New excipients have evolved as innovative dosage forms to fulfill certain tasks that alter the extent and/or pace of drug release, either directly or indirectly, as a result of developments in drug delivery technology.

by End User

Pharmaceutical Companies
Nutraceutical Companies
Research Institutes

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Key Players:

A team of research professionals updates and amends our data regularly to reflect the most recent trends and facts. To fulfill the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff uses proprietary data sources as well as a range of additional approaches. The key players in the Pharmaceutical Gelatin business are...

1. Gelita AG (Germany)
2. Rousselot (Irving, Texas)
3. Nitta Gelatin Inc (India)
4. PB Gelatins (China)
5. Weishardt Group (France)
6. Capsugel Belgium NV (Bornem, Belgium)
7. Sterling Gelatin (India)
8. India Gelatin & Chemicals Ltd (India)
9. Tessenderlo Group (Belgium)
10. Darling Ingredients Inc (Texas)

Regional Analysis:

The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.

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COVID-19 Impact Analysis on Pharmaceutical Gelatin Market:

The spread of the COVID-19 pandemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.

Key Questions Answered in the Pharmaceutical Gelatin Market Report are:

What will be the CAGR of the Pharmaceutical Gelatin market during the forecast period?
Which segment emerged as the leading segment in the Pharmaceutical Gelatin market?
Which are the prominent players in the Pharmaceutical Gelatin market?
What will be the Pharmaceutical Gelatin market size by 2027?
Which company held the largest share in the Pharmaceutical Gelatin market?
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Last Updated December 13, 2023