India Gelatin Market: Current Analysis and Forecast (2024-2032)

Gelatin is a protein material that is produced from collagen of animals' bones, skin, and connective tissues obtained from cattle, pigs, and fish. It is employed as a gelling, thickening, and stabilizing agent and is used in food products, pharmaceuticals, nutraceuticals, and cosmeceuticals. Due to these properties, it is used in soft gel capsule products, confectionery goods, dairy products, as well as in biomedical applications. Several factors influencing the need for gelatin within different sectors include the need for natural and clean labels and protein in products.

The India Gelatin Market is expected to grow at a steady rate of around 7.50% during the forecast period (2024-2032). The major driving forces that are contributing to the growth of the gelatin market include rising demand for gelatin in pharmaceuticals, nutraceuticals, and F&B. This market is growing due to increasing concern for personal health and well-being, thus making many people prefer collagen-based supplements, which include gelatin. Government policies in favor of domestic automotive manufacturing are fostering the growth of the industry along with export incentive policies.

For instance, in January 2021, Nitta Gelatin India launched a premium gelatin of international standard in the HoReCa category. Food connoisseurs can now look forward to preparing and experiencing a variety of desserts, jellies, frozen sweets, soft candies, marshmallows, etc., at international standards. This is the first time a gelatin manufacturer in India is offering food-grade gelatin in their brand for the retail segment.

Based on source, the market is segmented into animal sources, plant sources, and marine sources. The animal source gelatin market dominated the market in the year 2023. The abundant availability of bovine, porcine, and fish-derived gelatin is one of the major growth factors for the production in India. This has made the meat processing sector provide an ample supply of raw materials thus minimizing importation. This is because firms are aiming at sustainable sourcing and expansion of products and services labeled Halal. The greater demand for health products that involve collagen is further enhancing gelatin extraction from animal tissues. The current government policies that support quality control of manufactured products and provide export incentives are helping the gelatin industry of the country.

Based on the form, the Indian Gelatin market is segmented into powder, sheets, and granules. The Gelatin sheets market segment is expected to grow with a significant CAGR during the forecast period. Gelatin sheets are used in the food industry particularly in confectionery, bakeries, and pharmaceuticals because they dissolve well and are chemically pure. The increasing market for high-quality desserts and professional baking food products has increased the use of sheet gelatin. The increase in the demand for gelatin sheets in other sectors, especially in the hospitality and packaged food industry is also contributing to the consumption rate of this product. This factor increases the demand since consumers are becoming more conscious of quality food ingredients.

Based on the application, the Indian Gelatin market is segmented into food & beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and others. The food & beverages segment held a significant share of the market in 2023. This is mainly due to its applications in dairy products, confectionery products, and meat products. The need for functional foods and snacks, protein-based foods, and natural gelling agents has increased, boosting the market. These include factors such as higher disposable cash and an increased population in urban centers who prefer convenience and packaged foods.

For a better understanding of the market adoption of the Indian Gelatin market is analyzed based on its state-wise presence in India such as North India, East India, West India, and South India. West India is expected to grow with a significant CAGR during the forecast period. West India, particularly Maharashtra and Gujarat, serves as a major gelatin manufacturing hub due to its well-established chemical and food processing industries. The presence of major ports facilitates easy export of gelatin to international markets. Growth in the purchasing power of the population and enhancing the industrial base of megacities such as Mumbai and Ahmedabad have led to higher consumption of processed food items and pharmaceuticals respectively. There are enough raw materials to produce gelatin because the region has a robust trade in meat and dairy products. They are fostered by increased spending on biotechnology and medical-related businesses and services which in turn increases the market opportunities.

Some of the major players operating in the market include India Gelatine & Chemicals Ltd., Nitta Gelatin India Limited, Rama Industries Ltd, STERLING GELATIN (Perfect Day, Inc.), Raymon Patel Gelatine Pvt. Ltd., C.J.GELATINE PRODUCTS LIMITED, Pioneer Jellice India Private Ltd, Narmada Gelatines Limited, Strides Pharma Science Limited, ACG.