What is Hard Capsule Grade Gelatin - Global Market?
Hard Capsule Grade Gelatin is a type of gelatin that is specifically designed for use in the production of hard capsules. It is derived from collagen, a protein that is found in the skin, bones, and connective tissues of animals. This type of gelatin is known for its high bloom strength, which refers to the firmness of the gel. The global market for Hard Capsule Grade Gelatin has been growing steadily over the years, thanks to its wide range of applications in the pharmaceutical and nutraceutical industries. In 2022, the market was valued at US$ 1143.2 million and it is expected to reach US$ 1488.9 million by 2029, growing at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2029.
Bovine Source, Fish Source, Other Source in the Hard Capsule Grade Gelatin - Global Market:
The Hard Capsule Grade Gelatin market is segmented based on the source of the gelatin. The sources include bovine, fish, and others. Bovine source gelatin is derived from the skin, bones, and connective tissues of cows. It is widely used due to its high bloom strength and excellent gelling properties. Fish source gelatin, on the other hand, is derived from the skin and bones of fish. It is gaining popularity due to its hypoallergenic properties and suitability for people with dietary restrictions. Other sources of gelatin include pigs and poultry. The choice of source depends on various factors such as the desired properties of the gelatin, cost considerations, and dietary preferences or restrictions of the end consumers.
220 Bloom, 240 Bloom, 250 Bloom, Others in the Hard Capsule Grade Gelatin - Global Market:
Hard Capsule Grade Gelatin is used in various bloom strengths, including 220 Bloom, 240 Bloom, 250 Bloom, and others. The bloom strength refers to the firmness of the gel. A higher bloom number indicates a firmer gel. The choice of bloom strength depends on the specific requirements of the application. For instance, a higher bloom strength may be required for applications that require a firmer gel, while a lower bloom strength may be suitable for applications that require a softer gel. The bloom strength can also affect the dissolution properties of the capsules, which is an important consideration in the pharmaceutical industry.
Hard Capsule Grade Gelatin - Global Market Outlook:
The market outlook for Hard Capsule Grade Gelatin is positive, with steady growth expected in the coming years. In 2022, the market was valued at US$ 1143.2 million and it is projected to reach US$ 1488.9 million by 2029. This represents a compound annual growth rate (CAGR) of 3.8% during the forecast period from 2023 to 2029. The market is dominated by two major players, Rousselot and Gelita, which together hold about 47% of the market shares. The growth of the market is driven by the increasing demand for hard capsule grade gelatin in the pharmaceutical and nutraceutical industries.
| Report Metric | Details |
| Report Name | Hard Capsule Grade Gelatin - Market |
| Forecasted market size in 2029 | US$ 1488.9 million |
| CAGR | 3.8% |
| Forecasted years | 2023 - 2029 |
| Global Hard Capsule Grade Gelatin market, by region: |
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| Global Hard Capsule Grade Gelatin market, Segment by Type: |
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| Global Hard Capsule Grade Gelatin market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
