Global Gelatin Industry Overview Report

The gelatin industry is a highly promising niche market not only in Vietnam but also globally. While its applications may not be widely recognized among individual consumers, gelatin serves as an excellent raw material in many industrial sectors. Let’s explore the potential and significant growth of this market with Greenifi Gelatin.

1. Market Size and Growth

The global gelatin market was valued at $1.2 billion in 2023 and is projected to reach $1.6 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028.

2. Major Industrial Applications

2.1 Food Processing Industry

Currently, the food processing industry is the largest consumer of gelatin worldwide. According to MarketandMarket's report, as of 2022, this sector accounted for 45% of the total global gelatin consumption. Gelatin is widely used for its gelling, stabilizing, and texturizing properties in various food products.

2.2 Pharmaceutical Industry

The pharmaceutical industry ranks second in gelatin consumption. Gelatin is extensively used in pharmaceuticals to form capsules and to provide gel-like consistency in drugs. This sector accounted for 30% of the global gelatin consumption as of 2022, according to MarketandMarket data.

2.3 Cosmetics Industry

Following pharmaceuticals is the cosmetics industry, where gelatin is utilized for shaping and texturing products like creams, lipsticks, and masks. Despite gelatin not having direct cosmetic benefits, its structural properties make it valuable in this industry. As of 2022, the cosmetics industry accounted for approximately 15% of global gelatin usage.

2.4 Photography Industry

An interesting fact is that the photography industry also holds a significant share, using about 5% of the global gelatin supply. Gelatin is ideal for creating halide compounds in film production.

2.5 Other Industries

The remaining 5% of gelatin consumption is distributed among other industries, such as paint, chemicals, ink, dyes, and small individual consumers.

3. Industry Potential and Outlook

The potential of the gelatin industry is seen as quite promising. Gelatin's versatile applications are expanding across more industries, often as a cost-effective and manageable alternative to other raw materials. It is estimated that the gelatin industry could reach a growth level of up to $1.8 billion by 2028, according to MarketandMarket.

4. Gelatin Industry in Vietnam

In Vietnam, the gelatin industry is still not widely developed or popular. The scale of businesses specializing in gelatin production and supply remains relatively small, despite the considerable growth potential. Some reputable Vietnamese companies producing gelatin include Greenifi Gelatin, Song Toan, Navico, Tam Long Gelatin, and Gelatin Vietnam.

Proud to be one of the few Vietnamese companies producing and supplying gelatin, Greenifi Gelatin offers customers high-quality products paired with excellent service:

• Stable Raw Material Supply: We ensure a consistent and reliable supply of raw materials, committed to guaranteeing our customers' supply needs.
• Advanced and Stable Machinery: Greenifi Gelatin utilizes advanced and stable machinery, rigorously ensuring product quality when delivered to customers.
• Top Quality Certifications: We have achieved leading product quality certifications, including: GMP (Good Manufacturing Practices) Certification, FDA (U.S. Food and Drug Administration) Certification, ISO (International Organization for Standardization) Certification, Compliance with strict testing standards by the National Institute for Food Safety Testing (ATVSTP) ATVSTP (Food Safety and Hygiene Certification)
• Cost-Effective Production: We optimize production costs to provide competitive pricing, maximizing profitability for our business customers.
• Rapid Customer Support: Our customer support team is quick to assist, with an average response time of 10 minutes for inquiries and consultations.
• Nationwide Shipping:We offer nationwide delivery support for all orders, from small to large.
• Free EOM Packaging Service: We provide free End-Of-Line (EOM) packaging services for customers who already have their packaging, tailored to their specific requirements.

Contact us today for prompt and efficient support and consultation.