The Fish Gelatine Market is estimated to be worth USD 305.1 million in 2024 and is projected to reach a value of USD 414 million by 2034, expanding at a CAGR of 3.1% over the assessment period of 2024 to 2034.
The fish gelatine market is currently progressing at a rapid pace, driven by changing consumer preferences and advances in technology. For cultural, religious, and health motives of clients all over the world, the use of fish collagen as an alternative to traditional mammalian gelatine has become popular among buyers.
In different sectors of the economy in recent years, there has been a sharp rise in demand for it. Fish gelatine is highly valued in the food and beverage industry because it confers cohesiveness, stabilization, and gelling, which makes it the most preferred additive in candy-making, dairy products, and even functional foods.
Similarly, pharmaceutical users reap benefits from diverse formulations compatibility, which necessitates its use during drug encapsulation and coating processes. On their part cosmetics, manufacturers found fish gelatine useful as an ingredient that improved texture making them more stable.
Attributes | Description |
---|---|
Estimated Global Industry Size (2024E) | USD 305.1 million |
Projected Global Industry Value (2034F) | USD 414.0 million |
Value-based CAGR (2024 to 2034) | 3.9% |
Therefore, producers are researching on extraction techniques to improve quality of their product as well as achieve other desired characteristics while adhering to laid down regulations so as not find themselves on the wrong side of law.
Besides investing heavily in research and development activities aimed at discovering new markets or even improving performance attributes, the aspect of sustainability has also received much attention through sourcing practices, which are ethical coupled with acquiring certifications for that matter. Corporate collaboration throughout supply chains expedites innovation & personalization giving companies a way to seize upon emerging opportunities offered by this dynamic sector.
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The below table presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for global fish gelatin business landscape. This analysis reveals crucial shifts in market performance and indicates revenue realization patterns, thus providing stakeholders with a better vision about the growth trajectory over the year. The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December.
Particular | Value CAGR |
---|---|
H1 2023 | 2.9% (2023 to 2033) |
H2 2023 | 3.3% (2023 to 2033) |
H1 2024 | 3.9% (2024 to 2034) |
H2 2024 | 3.8% (2024 to 2034) |
The global industry's predicted compound annual growth rate (CAGR) over a semi-annual period from 2024 to 2034 is shown in the above table. The business is anticipated to grow at a CAGR of 2.9% in the first half (H1) of 2023 and then slightly faster at 3.3% in the second half (H2) of the same year. The CAGR is anticipated to rise somewhat to 3.2% in the first half of 2024 and stay comparatively mild at 3.0% in the second half. The industry saw a increase of 48 basis points in the first half (H1 2024) and an decrease of 58 basis points in the second half (H2 2024).
Expanding applications of fish gelatin creating a nutritional and functional trend across industries
Fish gelatin's upward trend in demand is driven by its amino acid richness, which cuts across different sectors. This has led to the nutritional advantages of fish gelatin as health-conscious customers are now considering its nutrient value which contains several essential amino acids such as glycine, proline, and hydroxyproline.
These amino acids contribute to the functional properties of gelatins and hence improve texture, stability, and mouth feel in products like confections and dairy products in the food industry. For these reasons, they have been used extensively in drug encapsulation whereby their compatibility with active ingredients is vital. Additionally, fish gelatine contains collagen-enhancing properties for use in cosmetics promoting the elasticity of skin and strengthening hair strength found in various formulations.
This makes this food ingredient more flexible due to a larger spectrum of applications aligned with consumer demands for natural and protein-based components as well as improving taste preferences by enriching its nutritional qualities through increasing easy digestion by the human body.
A Superior Alternative Transforming Market Dynamics
The prevalence of fish gelatin is growing, as it is touted for having some significant advantages over the mammal equivalent. Fish gelatin attracts those looking for alternatives in their diets whether because of religion or culture that prohibits them from consuming mammalian products.
This versatility in food, pharmaceuticals, and cosmetics applications has functional advantages such as high clarity and excellent gelling properties. In addition, fish gelatins’ amino acid profiles contain glycine, proline, and hydroxyproline; which are rich in nutrients useful to maintain joint health and elasticity of skin in cosmetic formulations.
This has resulted in a change in preference towards fish gelatin by consumers thus making the industry embrace it as an environmentally friendly ingredient that works well. Furthermore, with the rise of health consciousness and attention given to the environment globally, fish gelatin is seen as a one-stop solution that revolutionizes the gelatin market because of its nutritional value.
Sustainable sourcing for fish collagen shaping the fish gelatine market
Increasing focus on sustainable sourcing practices is a major driver of the development of the fish gelatin market. As consumers become increasingly aware of environmental impact and ethical considerations, they are demanding more and more that this gelatin be sourced from fisheries or aquaculture operations that have been responsibly managed.
This has impetus for manufacturers to seek such certifications as the Marine Stewardship Council (MSC) or Aquaculture Stewardship Council (ASC). Hence, transparency throughout the supply chain and compliance with sustainable practices, certified through these organizations, can make fish gelatine more appealing to customers in the market while aligning it with corporate social responsibility initiatives.
Moreover, when suppliers practice sustainability they ensure the long-term availability of fish stocks thereby addressing global concerns associated with overfishing. This trend would most probably give firms investing in sustainable sourcing a competitive advantage as regulatory scrutiny and consumer awareness continue to drive it thus making fish gelatin a preferred option across various sectors like food manufacturing, pharmaceutical production, and the cosmetic industry among others.
Global fish gelatin sales increased at a CAGR of 2.8% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that the value will rise at 3.1% CAGR.
In the space of four years, from 2019 to 2023, the fish gelatine market has shown remarkable growth and development influenced by a number of factors. Natural and sustainable ingredient preferences by consumers drove demand in various sectors such as food, pharmaceuticals, and cosmetics. Fish gelatine emerged as an alternative due to increased awareness of dietary restrictions and health concerns especially linked with religious and cultural issues associated with mammalian gelatine.
Fish gelatine was also assisted by extraction technology improvements leading to its quality enhancement and functionality that made it commercially viable for diverse applications. This saw manufacturers investing in sustainable sourcing practices and getting certifications like MSC and ASC to comply with regulations and enhance their competitiveness on the market.
Also, advances in processing techniques were aimed at improving efficiency during production processes while ensuring product performance tailored to specific industry demands. Consequently, fish gelatine extended its utilization into sweets snacks, dairy products, capsules for drugs as well as formulations used in cosmetics throughout the globe. Future expectations are hinged on sustainability focus alongside nutritional attributes for further developments within fish gelatin market space.
The industry is characterized by a two-tier structure, which includes both organized and unorganized players. Leading companies such as Gelima, Geltec, Lapi Gelatine, Nita Gelatin, Sterling Biotech Limited, Gelita AG, Darling Ingredients Inc., PB Gelatins GmbH, and others some players dominate the organized segment that accounts for 33% of sales in the industry.
Multinational corporations (MNCs) that have target segment revenue greater than 5 million USD belong to these groupings and they maintain their arena presence in this way because they have large volumes of production capacities, high-tech infrastructure, and various products.
These well-regulated players have strict distribution networks and can be found in every corner of the world thereby; resulting in huge penetration globally. Their modernized research labs on the other hand enhance innovations enabling them to introduce a range of feed premixes with regard to changing trends among health-aware consumers who are conscious about their diet.
On the contrary, local participants with target segment revenue below 5 million USD from the unorganized part contribute up to 67% of total sales within this category. These smaller companies may lack global coverage but are vital for specific areas. Working in a niche community allows them to offer particular goods fitted for diverse domestic preferences or specialized dietary needs. In many cases, these entities adjust quickly according to fads in consumer tastes which results in a unique product mix.
This makes sure that there is dynamism as well as competitiveness within the industry due to the existence of both big and small firms. This variety brings on board multiple developments along with a wide range of options being made available satisfying different customers across all regions worldwide. This means that the industry has good prospects given its innovative nature coupled with the growing trend towards healthier alternatives.
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The following table shows the estimated growth rates of the top three countries. China and Japan are set to exhibit high consumption, and CAGRs of 3.3% and 2.5%, respectively, through 2034.
Countries | CAGR 2024 to 2034 |
---|---|
United States | 2.8% |
Germany | 3.0% |
China | 3.3% |
India | 3.8% |
Japan | 2.5% |
The reason Japan is a leading consumer of fish gelatin is due to the country’s culture and dietary habits that go way back in history. Japanese traditional cuisine incorporates jelly-based items like agar and fish-derived gels (kanten) into several dishes, for example, desserts like yokan and savory foods such as nimono. Fish gelatin from Japan has received a lot of attention among health-conscious people because it comes directly from nature and consists of many important nutrients including some amino acids which are beneficial for the skin and joints.
Besides, the strong pharmaceutical and cosmetic industries in Japan are known to use a lot of fish gelatin in the manufacture of capsules for drugs as well as beauty products since they trust their domestic supplies. The combination of culinary heritage, health awareness, and industrial uses positions Japan as an important market for fish gelatins.
China consumes a lot of fish gelatine because of its rich cultural heritage and preferred types of food. Gelatinous ingredients are often used in traditional Chinese dishes like soups (e.g., fish cake soup) and desserts (e.g., teok). It is favorable to use fish gelatine due to its properties that improve overall wellness as well as skin care since collagen building is among the perceived health benefits of this ingredient in China.
A thriving food-processing sector in the country employs fish gelatine in various items, from munchies to functional products designed for health-conscious shoppers. Demand for fish gelatine is poised to stay resolute as China continues prioritizing natural and functional substances for both culinary and industrial purposes.
Segment | Food and Beverage (End Use Application) |
---|---|
Value Share (2024) | 52.8% |
Applications of fish gelatine in different aspects like confectionary and meat industry have gotten significant traction among manufacturers over the past few years. Several research studies found that fish gelatine is a key source for foam formation, and gel formation and improves the stability of food products. Fish gelatine has a better ability to release flavor and aroma than commercial non-fish gelatine.
Key manufacturers in the food industry and fish gelatine producers are collaborating The functional properties of fish gelatine in the food and beverage industry have made it a popular choice. This is because natural ingredients are preferred by consumers due to their diverse and versatile features. Fish gelatine which is derived from sea sources, unlike mammal gelatine, offers alternative options for dietary, religious, or cultural reasons.
It is well known for its excellent stabilizing, gelling as well and thickening abilities thus enabling it to be applicable in many products inclusive of confectionery items, and dairy products among others. Moreover, this option for labeling does not contain meat-related allergies such as BSE (bovine spongiform encephalopathy) or any other pig-derived allergens.
As people strive to live healthy lives both presently and in future the nutritional advantages of fish jelly in the form of an amino acid profile that supports skin health and joint functions contribute to its inclusion into health foods and drinks today.
Segment | Conventional (Nature segment) |
---|---|
Value Share (2024) | 64.3% |
Convectional fish gelatine enjoys a larger market share than organic varieties mainly due to multiple reasons. Firstly, it is easier to find and make conventional fish gelatine as compared to the organic ones which make them accessible to many industries and customers. The production processes are standardized ensuring consistent quality and supply thus meeting consumer demand for functionality properties like gelling and stabilizing in various applications without premium pricing associated with organic certification.
Moreover, the stringent requirements for organic certifications as well as higher production costs often restrict the scale of organic fish gelatine production. As such, convective fish gelatine remains dominant in the market by being more functional, reliable and cost efficient according to manufacturers’ or consumers’ desires for their product formulations.
Fish gelatin manufacturers have several strategies to ensure a competitive edge. They accomplish this by entering into collaborations with end-user industries like food, pharmaceuticals, and cosmetics to customize their products’ needs, which must meet the strict quality, and regulatory standards set for them. By doing so, manufacturers can invent and develop new fish gelatin applications that will maximize its utility thereby making it more valuable.
Apart from this, another important strategy involves the efficient usage of raw materials aimed at the reduction of fish waste. Manufacturers are increasingly getting gelatin from by-products of fish and offcuts, which would otherwise be thrown away thus promoting environmental sustainability through reduction of impacts. The choice of the right species of fish for the production of gelatin is equally important.
High breeds guarantee better yields of gelatin besides maintaining uniformity in terms of purity as well as performance levels required across different uses within the market. These strategies increase market competitiveness while at the same time supporting sustainability initiatives and encouraging product innovations in fish gelatin industry evolution.
In this segment, the industry categorized into Type A and Type B gelatines
The nature segment is categorized into Conventional and Organic
End Use Application types such as Food & Beverages (Protein Bars and Powder, Confectionery, Dairy Products, Meat & Poultry Products, Desserts, Beverage, Others), Personal Care, Pharmaceutical, Nutraceutical, and Others are included in the report.
Industry analysis has been carried out in key countries of North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia, and Oceania
Throughout the forecast period, the market is expected to grow at a CAGR of 3.1%.
By 2034, the sales value is expected to be worth USD 413.9 Million.
Increased demand for specialty and functional food products is expected to boost sales.
Asia-Pacific is expected to dominate the global consumption.
Some of the key players in manufacturing include Gelima, Geltec, Lapi Gelatine, Nita Gelatin, Shanghai Freemen, Sterling Biotech Limited, Gelita AG, Darling Ingredients Inc., PB Gelatins GmbH, Junca Gelatines S.L, Trobas Gelatine BV, Weishardt Holding San and Others.
1. Executive Summary
2. Industry Introduction, Including Taxonomy and Market Definition
3. Market Trends and Success Factors, Including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Product Type
6.2. Nature
6.3. End Use Application
6.4. Region
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
7.1. Type A
7.2. Type B
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Nature
8.1. Organic
8.2. Conventional
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use Application
9.1. Food & Beverage
9.2. Personal Care
9.3. Pharmaceutical
9.4. Nutraceutical
9.5. Others
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. North America
10.2. Latin America
10.3. Europe
10.4. East Asia
10.5. South Asia
10.6. Ocenia
10.7. Middle East and Africa
11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. Oceania Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Category A, Category B, and Category C for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. DSM
20.2. Glanbia plc
20.3. Vitablend
20.4. SternVitamin GmbH & Co
20.5. Watson Inc.
20.6. Wright Enrichment Inc.
20.7. Zagro
20.8. Trouw Nutrition
20.9. Burkmann Industries, Inc.
20.10. Bar-Magen LTD companies
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