Animal-free gelatin market

Animal-free Gelatin Market Analysis (2023 - 2030)

The global animal-free gelatin-capsules market soft gelatin capsules market is anticipated to grow at a CAGR of 5.8% during the forecast period, 2022-2027. The market growth can be attributed to the increasing demand for vegan and vegetarian products, rising awareness about animal-free products, and the growing inclination of consumers toward convenience foods.

Gelatin is a thickening ingredient that is manufactured by boiling skin, bones, tissues, and leftovers from the meat industry. However, as the number of vegans and vegetarians increases globally, there is a growing market for meat-free goods. A variety of sectors, including food and beverage, nutraceuticals, pharmaceuticals, cosmetics, and others, employ animal-free gelatin. As a culinary ingredient, it gives confections such as gummy bears, marshmallows, cakes, and jellies a texture. Vegan gelatin can also be used as a substitute for less costly gelatin varieties including agar-agar, pectin, and starches. The market will likely extrapolate from the industry's growing trend in food processing. Over the forecast period, the vegan gelatin market is projected to be impacted by rising health consciousness and awareness of plant-based goods. Due to the beneficial effects on health, product advances in the food processing sector have boosted the usage of animal-free gelatin. Demand for vegan gelatin is growing as a result of a wide variety of customers' increasing acceptance of vegan goods. The producers have developed new vegan gelatin goods or vegan-friendly items in general. Manufacturers of plant-based components have developed vegan gelatin using a variety of plant- and seaweed-based products. a combination of ingredients and textures that may provide customers with a novel flavor experience. The manufacturers also need to spend money figuring out new items, market trends, and consumer preferences. Future market growth has a lot of promise and possibility thanks to the producers of vegan gelatin. Animal-free gelatin has become more popular among consumers because of the health and wellness trend, although price, usability, and flavor remain the main factors influencing customer choice. Therefore, producers must devise strategies to encourage consumers to adopt healthy eating habits without sacrificing the goods' taste, convenience, or cost. Additionally, the worldwide market for animal-free gelatin is projected to benefit from the rising health consciousness throughout the world. The demand for vegan gelatin is anticipated to expand as consumers spend more money on vegan goods

Key Market Insights:

 

  • The most popular kind of plant-based soft gelatin capsules are those made of starches. They are produced using cooked, refined starch granules that are extruded to create a continuous thread. Short lengths of the filament are cut, dried, and crushed into a powder. The capsule filler is made by combining this powder with water and other components. Typically, starches are utilized to create capsules with dry materials like powders or granules.
  • The other application sector had the highest revenue share of over 60% in 2021, and it is anticipated that it would maintain its lead throughout the projection period. Growth is anticipated to be fueled by the rising demand for animal-free soft gelatin capsules from several sectors, including the pharmaceutical, nutraceutical, and food and beverage industries. In the pharmaceutical and health supplement industries, animal-free soft gelatin capsules are often utilised for a variety of applications. Animal-free soft gelatin capsules are a common drug delivery method for oral pharmaceuticals in the pharmaceutical business. Additionally, they are employed to shield delicate substances from light and moisture. Additionally, they aid in covering up the bitter taste of several medications. These capsules are a form of the nutrient, vitamin, and mineral delivery in the health supplement market. They aid in enhancing how well the body absorbs these nutrients. Additionally, they are employed to shield delicate substances from light and moisture.
  • With a revenue share of over 35% in 2021, North America had the greatest market share and is anticipated to keep leading over the projected period. Due to the region's growing vegan population and public awareness of animal cruelty, there is a considerable demand for items made without the use of animals. Regional expansion is also predicted to be fueled by rising knowledge of the health advantages of substances derived from plants. With a CAGR of 6.4% from 2022 to 2027, the Asia Pacific area is anticipated to have the highest growth due to factors including expanding disposable income and better healthcare infrastructure.

Market Segmentation

By Type

  • Starches
  • Carrageenan-starch Blends
  • Other

By Application

  • Pharmaceutical
  • Health Supplements
  • Other

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East
  • Africa

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