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Gelatin Substitute Market Size

  • Report ID: GMI7017
  • Published Date: Oct 2023
  • Report Format: PDF

Gelatin Substitute Market Size

Gelatin Substitute Market was valued at USD 2.7billion in 2022 and is anticipated to register a CAGR of over 6% between 2023 and 2032. As more consumers embrace plant-based diets for health, environmental, and ethical reasons, there is a growing need for gelatin substitutes derived from non-animal sources. Products like agar-agar, pectin, carrageenan, and various starches are gaining popularity as they offer similar gelling properties without the need for animal-derived ingredients.

 

Gelatin Substitute Market

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The significant challenge for gelatin substitutes is replicating the taste and texture of gelatin, especially in applications like desserts and confectionery. Some consumers may find the substitutes less appealing in terms of taste and mouthfeel. In addition, Gelatin is known for its versatility in various applications, including food, pharmaceuticals, and cosmetics. Some gelatin substitutes may not be as versatile or may require formulation adjustments, making them less attractive to manufacturers.

 

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of gelatin substitute was worth USD 2.7 billion in 2022 and is predicted to surpass USD 5 billion by 2032, due to the rising number of the health-conscious consumers embracing plant-based diets for health, environmental, and ethical reasons.

Gelatin substitute market size from the agar agar type segment reached USD 0.96 billion in 2022 and is expected register commendable CAGR from 2023 to 2032, on account of the increasing demand for plant-based and vegetarian products.

Asia-Pacific gelatin substitute market exceeded USD 0.99 billion in 2022 and is expected to register appreciable CAGR from 2023 to 2032, owing to the rising concerns related to health, animal welfare, and environmental sustainability in the region.

GELITA AG, Cargill, Incorporated, B&V srl., AGARMEX, S.A. DE C.V., Java Biocolloid, NOW Foods, Great American Spice Company, and Special Ingredients Ltd. are some of the major gelatin substitute companies worldwide.

Gelatin Substitute Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 348
  • Countries covered: 21
  • Pages: 180
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