According to the latest report by Meticulous Research®, titled “Gelatin Market Size, Share, Forecast, & Trends Analysis”, the gelatin market is projected to grow at a CAGR of 7%, reaching over $7.46 billion by 2031. The market’s expansion is attributed to the increasing use of gelatin in pharmaceutical products, consumer preference for functional foods, and a rise in clean-label products. Nonetheless, the market faces hurdles from cultural restrictions and safety concerns.
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Growing Use in Sports and Fortified Foods
Gelatin’s growing application in fortified and sports nutrition products is creating promising growth avenues for stakeholders. Technological limitations in gelatin extraction and processing, however, present challenges. Health and wellness trends also drive the inclusion of gelatin in biomedical applications, supporting the market’s advancement.