Based on nature, the market is segmented into organic and conventional. Based on form, the market is segmented into powder, capsule & tablets, and liquid. This pandemic has created negative impact on the marketĪccording to the bovine gelatin market analysis, the market is segmented into form, nature, end use industry, and distribution channel. Import and export of raw materials required for the manufacturing of bovine gelatin have also been affected, which has impacted the manufacturing and supply of gelatin.This has created a demand- supply gap, which is affecting the manufacturing process post lockdown.Industries across the globe have been majorly impacted due to the sudden outbreak and widespread of the novel coronavirus.Moreover, rise in animal disease, such as swine flu, bird flu, mad cow, heavy metal disease, and others, is further anticipated to restrict the growth of the market. The food additives are rejected if they harm more than 1% of the experimented animal. New and changing regulations have a major impact on the bovine gelatin business for instance, Code of Federal Regulations Title 21, food additives and ingredient have to undergo several food tests to ensure food safety before human consumption. The associated health benefits and customers’ inclination towards natural ingredients are the key reason that drive the demand of such products in the bovine gelatin market. ![]() Naturally sourced ingredients are preferred as the customers feel safe. Customers strongly prefer natural, not other sourced products to prevent ailments. Customers are more willing to try complementary and alternative medications, which is driving up demand for natural products. Many companies are releasing new natural health products. For instance, in April 2020, Garden Of Life launched new Grass-Fed Collagen food supplement powder that can be consumed with water, smoothies, shakes, or any food & beverages.īovine gelatin is a promising natural ingredient for health products because of rising consumer demand for natural supplements and an ageing population. It is mainly being applied in manufacturing of products which enhance skin, hair, and bone health. The companies are focused on introducing new plant-based collagen food supplements. Leading players are incorporating collagen into their ingredients in their products to serve the rising demand. There has been surge in the usage of collagen and gelatin in food supplement industry. Moreover, rise in demand for dietary supplements, increase in use of gelatin in the food & beverage industry, inclination of consumers toward healthy and protein rich diet, and increase in applications of gelatin in nutri cosmetic, pharmaceutical, and healthcare drive the global bovine gelatin market growth. The global bovine gelatin market has been witnessing bright opportunities, owing to increase in concerns regarding wellness and health among the global population. ![]() Gelatin is the mixture of peptides and proteins produced by partial hydrolysis of collagen extracted from tissues of animal such as chicken, pigs and fish. Moreover, gelatin is also one of the most commonly used food additives especially in the confectionary industry and several dairy products, such as cream desserts, yogurts, and a wide range of low fat dairy products and is used to enhance the stability and texture of the product. Gelatin is generally used as a jelling agent in pharmaceutical drugs, food, photography, vitamin capsules, and production of cosmetic. Conventional segment is likely to reach $3,920.8 million by 2030.īovine gelatin is a colorless, translucent, flavorless, and brittle food additive derived from collagen present in several animal body parts. The global bovine gelatin market size was valued at $2,811.5 million in 2020, and is expected to garner $6,153.8 million by 2030, registering a CAGR of 8.2% from 2021 to 2030.
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