Introduction of the Pharmaceutical Gelatin Market Report

Pharmaceutical gelatin is water-soluble substance with colorless and brittle texture, which is a very good protein source. Gelatin is used as a raw material in the pharmaceutical industry to produce soft and hard capsules, functional food beverages among others.

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Market Dynamic

Key Drivers and Emerging Trends

Rising popularity of gummy supplements continues to surge, which is primarily responsible for the growth of the market. This is because it is available in various sources such as bovine, marine, porcine which has helped the pharmaceutical gelatin product line to expand and propel the overall market expansion. The demand for beverage products, convenience and functional food has driven over the period due to which the pharmaceutical gelatin market is experiencing a robust wave of growth. The increasing tractability, stability of various products, security, and enhanced efficiency in hard and soft gel capsules, absorbable haemostats, and other wide applications in the pharmaceutical industry are the factors driving the pharmaceutical gelatin market growth. However, increased favorites for bovine bone as an alternate to pig meat in the pharmaceutical sector globally is anticipated to surge the pharmaceutical gelatin market growth. Thus with the rising importance of gelatin for drug usage, the production and consumption is likely to lift the growth of the market over the forecast period.

Restraint in the Pharmaceutical Gelatin Market

However, the high cost associated with the gelatin is the major factor which is anticipated to surge the growth of the market.

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Function – Segment Analysis

Based on the function, the thickening agent is witnessed to grow at a higher CAGR in the market over the forecast period. This is due to the increasing use of the product in various applications like, syrups, elixis and many other liquid forms. It is also used in antibiotic creams and lotions, which has driven the pharmaceutical gelatin market’s pace.

Application – Segment Analysis

Based on the application, soft capsules is expected to grow at a higher CAGR in the market over the forecast period. A majority of the patients consume soft-capsules as it is patient-friendly. The formulation of the soft-capsules in the digestive system is very slow, which is the major factor behind its dominance and major adoption in the pharmaceutical industry, thus leading to the increasing pharmaceutical gelatin market share.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific is expected to grow at a higher CAGR in the market over the forecast period. This is due to the high potential of the countries like China, India and Japan, which have shifted the paddles for the pharmaceutical industry and pharmaceutical gelatin market at the same time. According to “IBEF”, Indian Pharmaceutical Sector is anticipated to grow to US$ 100 billion by the end of 2025 from 20 billion in 2019, which has subjected the growth of the market.

Top Market Players

Various notable players operating in the market, include, GELITA AG, Rousselot SAS, Weishardt Group, Sterling Gelatin, Catalent Pharma Solutions, PB Gelatins, Roxor LLC and Nitta Gelatin Inc., CAPSUGEL, Norland Products, WEISHARDT, among others. 

Key Developments:

• • In 2019, GELITA AG, officially the expansion of the production capacity in China for gelatin, which has helped the company in meeting the demand and has increased the production capacity of the company.

Segments covered in the Report:

The global pharmaceutical gelatin market has been segmented on the basis of function, source, application, and regions. Based on function, the market is segmented into stabilizers, thickness and gelling agents. Based on source, the market is segmented into pig skin, bovine hides, bones and others. Based on application, the market is segmented into hard capsules, soft capsules, micro encapsulation, coating and absorbable hemostat. 

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Key questions answered in this research report:

• • At what pace is global pharmaceutical gelatin market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in pharmaceutical gelatin market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global pharmaceutical gelatin market?
  • Which function generated maximum revenues in 2019 and identify the most promising function during the forecast period?
  • What are the various source areas of global pharmaceutical gelatin market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Function, By Source, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	GELITA AG, Rousselot SAS, Weishardt Group, Sterling Gelatin, Catalent Pharma Solutions, PB Gelatins, Roxor LLC, CAPSUGEL, Norland Products, WEISHARDT, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Pharmaceutical Gelatin Market by Function

• • Stabilizers
  • Thickness
  • Gelling Agents

Global Pharmaceutical Gelatin Market by Source

• • Pig Skin
  • Bovine Hides
  • Bones
  • Others

Global Pharmaceutical Gelatin Market by Application

• • Hard Capsules
  • Soft Capsules
  • Micro Encapsulation
  • Coating
  • Absorbable Hemostat

Global Pharmaceutical Gelatin Market by Region

• • North America Pharmaceutical Gelatin Market (Option 1: As a part of the free 25% customization)
    • North America Pharmaceutical Gelatin Market by Function
    • North America Pharmaceutical Gelatin Market by Source
    • North America Pharmaceutical Gelatin Market by Application
    • US Pharmaceutical Gelatin Market All-Up
    • Canada Pharmaceutical Gelatin Market All-Up
  • Europe Pharmaceutical Gelatin Market (Option 2: As a part of the free 25% customization)
    • Europe Pharmaceutical Gelatin Market by Function
    • Europe Pharmaceutical Gelatin Market by Source
    • Europe Pharmaceutical Gelatin Market by Application
    • UK Pharmaceutical Gelatin Market All-Up
    • Germany Pharmaceutical Gelatin Market All-Up
    • France Pharmaceutical Gelatin Market All-Up
    • Spain Pharmaceutical Gelatin Market All-Up
    • Rest of Europe Pharmaceutical Gelatin Market All-Up
  • Asia-Pacific Pharmaceutical Gelatin Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Pharmaceutical Gelatin Market by Function
    • Asia-Pacific Pharmaceutical Gelatin Market by Source
    • Asia-Pacific Pharmaceutical Gelatin Market by Application
    • China Pharmaceutical Gelatin Market All-Up
    • India Pharmaceutical Gelatin Market All-Up
    • Japan Pharmaceutical Gelatin Market All-Up
    • Rest of APAC Pharmaceutical Gelatin Market All-Up
  • RoW Pharmaceutical Gelatin Market (Option 4: As a part of the free 25% customization)
    • RoW Pharmaceutical Gelatin Market by Function
    • RoW Pharmaceutical Gelatin Market by Source
    • RoW Pharmaceutical Gelatin Market by Application
    • Brazil Pharmaceutical Gelatin Market All-Up
    • South Africa Pharmaceutical Gelatin Market All-Up
    • Saudi Arabia Pharmaceutical Gelatin Market All-Up
    • UAE Pharmaceutical Gelatin Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Pharmaceutical Gelatin Market All-Up

Major Players Operating in the Pharmaceutical Gelatin (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • GELITA AG
  • Rousselot SAS
  • Weishardt Group
  • Sterling Gelatin
  • Catalent Pharma Solutions
  • PB Gelatins
  • Roxor LLC
  • CAPSUGEL
  • Norland Products
  • WEISHARDT