Pharmaceutical Gelatin Market Size and Growth Report, 2024-2030

1. 1 Pharmaceutical Gelatin Market Size, Share, Demand and Growth Report, 2024-2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. 2 According to the latest market research study published by P&S Intelligence, In 2023, the pharmaceutical gelatin market amounted to USD 1,166.7 million and is set to grow at a compound annual growth rate of 5.6% between 2024 and 2030 reaching an estimated amount of USD 1,703.4 million by 2030. This growth of the industry can be credited to the growing requirement for pharmaceutical-grade gelatin in the manufacturing of vaccines, tablets, and capsules, among others. Moreover, the increasing load of chronic illnesses, the rising elderly population, and the growing improvements of gelatin nanoparticles for vaccines and medications are other reasons boosting the demand. The acceptance of gelatin by pharmaceutical & nutraceutical makers is growing, because of its multiple functional advantages, like adhesion, binding, gelling, coating, and film- building. Furthermore, gelatin coatings on tablets, soft capsules, and hard capsules make them easier to swallow and cover up their smell for simple ingestion. Likewise, gelatin also advances the shelf-life of pharmacological drugs by offering protection against numerous environmental changes linked to moisture or oxygen. All such qualities of gelatin make it a potential item in the pharmaceutical industry. During the projection period, the porcine category is projected to experience substantial development. This growth can be credited to its short cycle of making and inexpensive production. Basically, porcine gelatin is attained from pigs and is a potential source of protein, widely used in the making of numerous drugs and food items. Also, in recent years, porcine gelatin has been extensively used in nutritional beverages that are extensively consumed by sports persons. In 2023, the hard capsules category generated the largest revenue share, at 40%. This can be credited to the surge in the requirement for hard capsules worldwide, credited to the advantages of hard gelatin capsules for rapid medication release and reliable mixing of medications and others. Also, the gelatin utilized in hard capsules protects sensitive ingredients from light, oxygen, contamination, and microbial growth. There are several factors contributing to an increased use of type B gelatine, including the reduced cost of production which is a consequence of ease of availability of material; widespread use of Type B in different pharmaceutical applications and higher preference for bovine bone and skin compared with other animal sources as well as cultural suitability. 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. 3 In 2023, the North American region dominated with the largest revenue share, of approximately 50%, in the pharmaceutical gelatin market, and the region is also projected to maintain its leading position during the forecast period as well. This is credited to the existence of advanced healthcare infrastructure, abundant obtainability of raw materials such as porcine and bovine, and robust foothold of market players, in the continent. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ Click Here to Download a Sample Report Global Pharmaceutical Gelatin Market Segmentation By Source •Porcine •Bovine •Marine •Poultry By Type •Type A •Type B By Function •Stabilizing Agent •Thickening Agent •Gelling Agent •Other Functions By Application •Hard Capsules •Softgel Capsules •Tablets •Absorbable Hemostats •Others By End User •Pharmaceutical and Biopharmaceutical Companies •Biotechnology Companies 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. 4 •Academic and Research Institutions By Region •North America Pharmaceutical Gelatin Market oBy source oBy type oBy function oBy application oBy end user oBy country – U.S. and Canada •Europe Pharmaceutical Gelatin Market oBy source oBy type oBy function oBy application oBy end user oBy country – Germany, U.K., France, Italy, Spain, and Rest of Europe •Asia-Pacific (APAC) Pharmaceutical Gelatin Market oBy source oBy type oBy function oBy application oBy end user oBy country – Japan, China, India, South Korea, Australia, and Rest of APAC •Latin America (LATAM) Pharmaceutical Gelatin Market oBy source oBy type oBy function oBy application oBy end user oBy country – Brazil, Mexico, and Rest of LATAM •Middle East and Africa (MEA) Pharmaceutical Gelatin Market oBy source 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. 5 oBy type oBy function oBy application oBy end user oBy country – Saudi Arabia, South Africa, U.A.E., and Rest of MEA This study covers • Major factors driving the market and their impact during the short, medium, and long terms • Market restraints and their impact during the short, medium, and long terms • Recent trends and evolving opportunities for the market participants • Historical and the present size of the market segments and understand their comparative future potential • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders • Major players operating in the market and their service offerings 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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