Market Trends of China Gelatin Industry
Rising Consumer Demand for Convenient and Functional Foods and Beverages
- The gelatin market has been greatly influenced by the rising demand for functional and convenient food products in China. Gummy candies, yogurt, and jelly sweets foods that gain value from the addition of gelatin to increase their texture and durability. Attractive foods that taste good and remain fresh for a long time in the market are highly preferred by consumers. Gelatin aids in the fulfillment of these properties, making it a useful component for producers seeking to improve the overall eating experience.
- Demand is rising for convenience foods and beverages due to changing Chinese lifestyles, an increase in the number of people working, busy lifestyles, and consumers who lack the time and motivation to prepare home-cooked meals.
- For instance, The number of employed people in China was 733.51 million in 2022, according to the National Bureau of Statistics of China. Consumers are increasingly favoring functional and fortified food and beverage products. Functional foods are the ideal way to give the body the necessary micronutrients. The demand for gelatin is increasing at a faster rate as a result of rising fortified food product demand and increased consumer awareness of food fortification. Almost all food products contain gelatin as a functional element.
- Collagen is a protein found in gelatin that is essential for joint and skin health. Customers are seeking goods that go beyond basic nourishment as they are more health conscious. Gelatin is becoming more prevalent in foods that are high in protein and focused on promoting good health due to its protein content and potential health advantages.
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Increasing Application of Gelatin in Pharmaceuticals Sectors to Drive Market Growth
- The gelatin market in China has been greatly influenced by the expanding use of gelatin in the pharmaceutical industry. The substance used to make capsules that contain prescription drugs and dietary supplements is gelatin. It offers a reliable and efficient method of giving patients access to pharmacological components.
- The demand for gelatin capsules increases along with China's pharmaceutical industry, providing a steady market for gelatin producers. For instance, the gross profit of the pharmaceutical and medicine manufacturing industry in China was CNY 515.36 billion (USD 80.36 billion) in 2022, according to the China Pharmaceutical Enterprises Association.
- Various medication delivery techniques, including controlled-release formulations, utilize gelatin. Because of its biocompatibility and capacity to create stable matrices, it is appropriate for encasing and delivering medicines with particular release profiles. For instance, China exported pharmaceuticals and medicine valued at CNY 403.78 billion (USD 63.02 billion) in 2022, according to the China Pharmaceutical Enterprises Association. The demand for gelatin with specialized qualities has increased as research and development into new medication delivery systems has increased.
- Clinical trials and pharmaceutical research are expanding in China, which requires an ongoing supply of premium gelatin for testing and experimentation. In the process of creating and testing new drug formulations and delivery systems, gelatin is often used as a component. Additionally, companies are also coming up with products bearing several certifications to gain a competitive edge over other market players. For instance, Nitta Gelatin provides gelatin with certifications, such as Halal, Kosher, EDQM, GMP, and FSSAI.
