Canada Gelatin Market Size & Outlook, 2021-2030
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Canada gelatin market highlights
- The Canada gelatin market generated a revenue of USD 187.0 million in 2021 and is expected to reach USD 379.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.2% from 2022 to 2030.
- In terms of segment, bovine was the largest revenue generating source in 2021.
- Marine is the most lucrative source segment registering the fastest growth during the forecast period.
Gelatin market data book summary
| Market revenue in 2021 | USD 187.0 million |
| Market revenue in 2030 | USD 379.5 million |
| Growth rate | 8.2% (CAGR from 2021 to 2030) |
| Largest segment | Bovine |
| Fastest growing segment | Marine |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Porcine, Poultry, Marine |
| Key market players worldwide | Gelita AG, Darling Ingredients Inc, Panoramic Resources Ltd, Tessenderlo Group NV, Shanghai Universal pharmaceutical machinery co., PB Leiner, Sterling Gelatin, Weishardt, Junca Gelatines, Nitta Gelatin USA |
Other key industry trends
- In terms of revenue, Canada accounted for 3.2% of the global gelatin market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gelatin market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,015.9 million by 2030.
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Gelatin Market Scope
Gelatin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nitta Gelatin USA | View profile | 101-250 | Morrisville, North Carolina, United States, North America | http://nitta-gelatin.com |
| Junca Gelatines | View profile | 51-100 | Girona, Catalonia, Spain, Europe | https://www.miqueljunca.com |
| Weishardt | View profile | 251-500 | Graulhet, Midi-Pyrenees, France, Europe | https://www.weishardt.com/ |
| Sterling Gelatin | View profile | 11-50 | Vadodara, Gujarat, India, Asia | https://www.sterlinggelatin.com |
| Shanghai Universal pharmaceutical machinery co. | View profile | 11-50 | Shanghai, Shanghai, China, Asia | https://www.unipharmach.com |
| PB Leiner | View profile | 1001-5000 | Vilvoorde, Vlaams-Brabant, Belgium, Europe | https://www.pbleiner.com/ |
| Panoramic Resources Ltd | View profile | 437 | 553 Hay Street, Level 9, Perth, WA, Australia, 6000 | https://www.panoramicresources.com |
| Tessenderlo Group NV | View profile | 7242 | Troonstraat 130 Rue du Trone, Brussels, Belgium, 1050 | https://www.tessenderlo.com |
| Gelita AG | View profile | 1001-5000 | Eberbach, Baden-Wurttemberg, Germany, Europe | https://www.gelita.com |
| Darling Ingredients Inc | View profile | 15800 | 5601 N MacArthur Boulevard, Irving, TX, United States, 75038 | https://www.darlingii.com |
Canada gelatin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gelatin market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 35.51% in 2021. Horizon Databook has segmented the Canada gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The development of edible gelatin for use in protein bars, readymade meals, and chew candies is expected to account for a high proportion of product applications in food & beverage industry. The presence of a strong exporting base for meat products in Canada leads to an abundance of raw materials for gelatin producers in the country and the rest of North America. The country is one of the largest red meat producers, consumers, and exporters in the region. The red meat commodities produced in the country includes include cattle, beef, pork, and goats.
Rising meat production and consumption are expected to accelerate bovine production, which is expected to ensure an uninterrupted raw material supply for gelatin manufacturers. This is expected to positively impact gelatin production in the country. Abundant raw material availability coupled with lucrative profit margins for gelatin manufacturers in the country is expected to emerge as the primary market drivers over the forecast period.
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Target buyers of Canada gelatin market databook
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Our clientele includes a mix of gelatin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Canada gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada gelatin market size, by source, 2018-2030 (US$M)
Canada Gelatin Market Outlook Share, 2021 & 2030 (US$M)
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