Market Size of North America Gelatin Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.88 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Gelatin Market Analysis
The North America gelatin market is expected to grow from USD 205.79 million in 2023 to USD 237.14 million by 2028, at a CAGR of 2.88% during the forecast period (2023-2028).
- The gelatin market in North America is majorly growing owing to its application in food and beverages and personal care products. Gelatin is a protein that aids in promoting skin, joints, hair, nails, and gut health. It also provides essential amino acids, the building blocks of proteins, which can provide potent health benefits.
- The protein and amino acids in gelatin can help the body build more collagen, a vital element in healthy skin. As people age, their natural collagen levels drop, which can lead to skin losing elasticity and the development of wrinkles. Hence, as the North American population takes keen care of their personal health, skin health, and hair health, the consumption of personal care products with gelatin is on the rise, which is driving the market's growth in the region.
- Moreover, the development of innovative technologies that support and shorten the manufacturing process of gelatin-based products is further attracting manufacturers to choose this as a major ingredient in their processes.
- For instance, in December 2022, Darling Ingredients Inc., the world's leading company turning food waste into sustainable products and producer of renewable energy, announced that the US Patent and Trademark Office (USPTO) had granted US Patent No. 11,490,634 to its health brand Rousselot, securing Rousselot's intellectual property for SiMoGel, a gelatin technology that eliminates the need for starch-based gummy production. With its multiple functional and processing benefits, SiMoGel was claimed to be used by a wide range of confectionery and nutraceutical manufacturers to create end products with superior appearance, flavor release, and transparency. The company claimed that it can allow the production of confectionery products using silicon or metal molds, which are easily clean and eliminate dust during production, unlike traditional starch trays. Such developments happening in the region are expected to boost and support the market's growth during the forecast period.
