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2021
Fish Gelatin Market

Fish Gelatin Market

by Product Type (Food Grade and Pharma Grade) and Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A13719
Pages: 254
Sep 2021 | 1709 Views
Author(s) : Priya , Roshan Deshmukh
Tables: 101
Charts: 51
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COVID-19

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The global fish gelatin market size was valued at $276.1 million in 2020, and is projected to reach $496.3 million by 2030, registering a CAGR of 6.1% from 2021 to 2030.

Fish gelatin is a type of gelatin obtained from bones and skin of various fish, including tuna, catfish, tilapia, salmon, hake, and others. It is high in essential amino acids, including proline, glycine, and valine, which help in the proper functioning of tendons and joints, improving the growth of muscles and healing the tissues. Strong growth of specialty and functional food industry is anticipated to offer high demand for fish gelatin during the forecast period. Rising demand for desserts and artisanal pastry is expected to further propel the fish gelatin market growth. Consumer demand for protein and other vital nutrients is expected to rise in the near future. This, in turn, is expected to consider fish gelatin as a preferred source for protein. Many consumers suffer from issues, such as protein deficiency, who looking out for consumption of protein across different categories of foods & beverages. This has surged the demand for fish gelatin supplements among consumers. Fish gelatin delivers high-quality protein along with all the essential fatty acids & amino acids. Therefore, the growing trend of taking protein intake is anticipated to offer immense opportunity for the growth of the market.

fish-gelatin-market-2021-2030

In recent year, there has been subsequent growth of the food & beverages sector in the emerging markets, including India, Mexico, Brazil, Saudi Arabia, South Africa, and other major emerging markets. This, in turn, is expected to offer immense opportunities for the growth of the fish gelatin market in terms of value sales during the forecast year.

COVID-19 impact analysis

The outbreak of the COVID-19 pandemic has shown negative impact on the market. 

Recent declaration regarding the shutdown of notable proportion of the hospitality industry, including full-service restaurants and quick service restaurants, has dramatically hampered the sale of gelatin, including fish gelatin to be use in confectionery products. 

Trade restrictions imposed by several countries across the globe to curb the outbreak of COVID-19 have significantly affected global logistics and transportation, which affected the market.

The global fish gelatin market is segmented into product type, application, and region. By product type, the market is categorized into food grade and pharma grade. By application, it is divided into food & beverages, pharmaceuticals, nutraceuticals, cosmetics, and others. Region-wise, the market is analyzed across North America (the U.S., Canada and Mexico), Europe (Germany, the UK, France, Italy, Spain, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN, and the rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, United Arab Emirates, and the rest of LAMEA).

Fish Gelatin Market
By Product Type

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The food grade segment dominates the global fish gelatin market and is expected to retain its dominance throughout the forecast period.

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By product type, the food grade segment accounted for the highest fish gelatin market share in 2020. This is because food grade fish gelatin has excellent functional property that includes fining, foaming and emulsifying, heat stability, high solubility, and is safe for consumption. Thus, it is used in majority of food applications. However, the pharma grade segment is expected to be the fastest growing segment during the forecast period in terms of value sales.

By application, the food & beverages segment accounted for the highest market share in the global market. This is attributed to its use for improving chewiness, foam stabilization, and texture of confectionery product in dairy products and other food application. However, nutraceuticals segment in the market is expected to be the fastest growing segment during the forecast period in terms of value sales.

Fish Gelatin Market
By Application

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The food & Beverages segment dominates the global fish gelatin market and is expected to retain its dominance throughout the forecast period.

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Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe accounted for the highest market share in 2020. The Europe fish gelatin market dominated the use of fish gelatin, owing to subsequent growth of the food & beverages industry in this region. However, Asia-Pacific is expected to be the fastest growing market during the fish gelatin market forecast period.

Key players operating in the global fish gelatin market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global fish gelatin market analyzed in this report include Foodchem International Corporation, Jellice Gelatin & Collagen, Kenney & Ross Limited (K&R), Lapi Gelatine SPA, Nitta Gelatin, NA Inc., Norland products Inc., Nutra Food Ingredients, ST Foods, Weishardt Holding SA, and Xiamen Gelken Gelatin Co., Ltd.

Fish Gelatin Market
By Region

2030
Europe 
North America
Asia-pacific
Lamea

The North America segment dominates the global fish gelatin market and is expected to retain its dominance throughout the forecast period.

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current fish gelatin market trends, estimations, and dynamics of the global market for the period of 2020–2030 to identify the prevailing fish gelatin market opportunities.
  • The key countries in four major regions have been mapped based on their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region have been mapped according to their revenue contribution to the global fish gelatin industry. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes regional as well as global fish gelatin market analysis, key players, market segments, application areas, and growth strategies.

Key Market Segments

By Product Type

  • Food Grade
  • Pharma Grade

By Application

  • Food & Beverages
  • Pharmaceuticals
  • Nutraceuticals
  • Cosmetics
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • South Korea
    • ASEAN
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Argentina
    • United Arab Emirates
    • Rest of LAMEA
 

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The market players have adopted key developmental strategies such as agreement and partnership to fuel the growth of the fish gelatin market in terms of value sales. They also emphasize on continuous improvement in their production method to keep a strong foothold in the market and to boost the demand for fish gelatin in other industries including cosmetics industry, pharmaceutical industry, food & beverages industry and others industry.

According to the key market players, From the past few years, there has been rise in the demand for fish gelatin in the pharmaceutical industry owing to their various functional attributes which in turn has driven the demand for fish gelatin market. fish gelatin has an excellent functional property that includes fining, foaming and emulsifying, heat stability, and high solubility, and thus is used in majority of the food applications. Thus, this fact has encouraged the use of fish gelatin in the food industry contributing in driving the growth of the fish gelatin market.

The key market players in this market adopted new strategies such as improvement in the production method, agreement and others as their key developmental strategies to fulfil the rise in demand for food product’s manufacturers. However, the stringent food regulations towards animal-origin food additives is likely to hamper the growth of the fish gelatin market in the future.

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FREQUENTLY ASKED QUESTIONS?

A. The forecast period in the Fish Gelatin Market report was considered from the year 2021 to 2030.

A. 2020 was considered as the base year in the fish gelatin market report.

A. The companies included in the report are Foodchem International Corporation, Jellice Gelatin & Collagen, Kenney & Ross , Lapi Gelatine, Nitta Gelatin, Norland products, Nutra Food Ingredients, ST Foods, Weishardt Holding, and Xiamen Gelken Gelatin.

A. Pharma grade is the most influencing segment in the fish gelatin market.

A. Europe accounted for the highest market share in the fish gelatin market.

A. The company profiling has been selected on the basis of the product offered by the companies in the fish gelatin market.

A. The global fish gelatin market size was valued at $276.1 million in 2020.

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