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Global Market Insights Inc. add New Report Global Pharmaceutical Gelatin Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segment, end user segment and region.
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Pharmaceutical Gelatin Market Analysis & Forecast to 2032 by Key Players, Share, Trend, Segmentation
Industry Insights • Pharmaceutical Gelatin Market will record a significant growth rate from 2023 to 2032. • The expanding elderly population and rising health concerns drive the demand for gelatin-based soft gel capsules as a preferred dosage form. • According to the United Nations Digital Library, around the world, there were an estimated 727 million people aged 65 or older in 2020. By 2050, this figure is anticipated to more than double, reaching over 1.5 billion people. • The percentage of aging people in the world's population is predicted to rise from 9.3% in 2020 to 16% in 2050. • One in six persons worldwide will be 65 years of age or older by the middle of the century.
The increasing pharmaceutical and nutraceutical industries' demand for encapsulation and controlled-release systems fuels the use of gelatin capsules. Gelatin's versatility in drug delivery systems, including microencapsulation and sustained-release formulations, propels its adoption. • Additionally, stringent quality standards, pharmaceutical innovations, and the global growth of pharmaceutical production contribute to the Pharmaceutical Gelatin Market's continuous expansion. • Based on the product, the type A segment size will register noticeable expansion throughout 2023-2032. Type A gelatin is derived from the acid hydrolysis of collagen and finds extensive use in pharmaceutical and nutraceutical applications due to its excellent gelling and binding properties. It's commonly used in the production of capsules, tablets, and other oral dosage forms. • The high demand for Type A gelatin underscores its significance in drug delivery systems and formulation development, making it a vital component of the pharmaceutical gelatin market.
Regional Analysis • Regionally, the Europe pharmaceutical gelatin market will record an appreciable valuation by 2032 due to the region's robust pharmaceutical and nutraceutical industries and the need for high-quality gelatin for capsule and tablet formulations. Stringent regulatory requirements for safe and effective drug delivery systems encourage the use of gelatin in pharmaceutical applications. • Competitive Analysis • Some of the major market players operating in the pharmaceutical gelatin industry are NITTA GELATIN, INC., GELITA AG, Tessenderlo Group (PB Leiner), Weishardt, Trobas Gelatine B.V., Lonza, India Gelatine & Chemicals Ltd, Gelnex, Juncà Gelatines SL and ITALGEL S.p.A.
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