Bovine Gelatin Market to be Worth $3.08 Billion by 2031

Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel – Global Forecast to 2031
Meticulous Research®—a leading global market research company, published a research report titled, ‘Bovine Gelatin Market by Type (Type A, Type B), Nature (Organic, Conventional), Form (Powder, Liquid), Function (Stabilizer, Gelling Agent), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), Distribution Channel – Global Forecast to 2031.’

According to this latest publication from Meticulous Research®, the bovine gelatin market is projected to reach $3.08 billion by 2031, at a CAGR of 8.5% during the forecast period 2024–2031. The growth of this market is being propelled by factors such as the growing demand for functional and convenience food products, increasing application of gelatin in the pharmaceutical industry, growing protein and nutricosmetics consumption, the rising geriatric population, and athletes aiding consumption of gelatin-based products. However, safety concerns and the limited acceptance due to cultural restrictions are restraining the growth of this market. Moreover, the use of gelatin in fortified confectionery and sports nutrition products is expected to generate significant growth opportunities for the stakeholders in this market. On the other hand, the rising prices and scarcity of raw materials is a major challenge impacting market growth