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Pharmaceutical Gelatin Market

Pharmaceutical Gelatin Market Size, Share & Segment by Application (Hard Capsules, Soft Capsules, Tablets, Absorbable Hemostats), By Source (Porcine, Bovine Skin, Bovine Bone, Marine, Poultry), By Function (Stabilizing agents, Thickening agents, Gelling agents & Other Functions), By Type (Type A, Type B), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2242 | July 2022 | Region: Global | 131 Pages

Pharmaceutical Gelatin Market Overview:

The Pharmaceutical Gelatin Market Size was valued at USD 1.1 billion in 2021, and expected to reach USD 1.6 billion by 2028, and grow at a CAGR of 5.4% over the forecast period 2022-2028.

Pharmaceutical gelatin, which is often made from collagen that is derived from animal body parts, is a translucent, lasting, naturally pleasant, flavorless food product. It is delicate when dry and springy when wet. As gelling agents, drugs, vitamins, and medications, photographic prints, films, and documents are frequently utilised. The firm gelatin capsules are created by dipping them into a heated gelatin solution, drying them, pinning them, cutting the cap and bodies, and joining them together for distribution. Pharmaceutical or supplemental health companies create hard gelatin capsules, which are subsequently filled with dosages of their medications, often in dry form. The soft gelatin phase begins with the production of two soft gelatin sheets, each of which crosses a die to produce the required size and shape of a capsule.

Pharmaceutical Gelatin Market

When the capsules are created, the drug or nutritional supplements are simultaneously filled with a fluid dose. A binding agent may be used in the dose and layer to get rid of unpleasant flavors and odors. Additionally, it enables product identity through design. The gradual and quick release of medications is also greatly aided by the gelatin-specific breakdown. It is also employed in the production of suppositories.

MARKET DYNAMICS

DRIVERS

  • Gelatin is more versatile and superior in pharmaceutical applications.

  • Gelatin is a completely natural substance that complies with medical laws.

RESTRAINTS

  • Veganism is becoming more popular.

  • Pharmaceutical gelatin production is constrained in some areas by cultural constraints.

OPPORTUNITIES

  • In emerging nations, there is an increasing need for pharmaceutical-grade gelatin.

  • The range of gelatin's medicinal applications is expanded by improvements to its characteristics.

CHALLENGES

  • Increasing instances of diseases transmitted by animals

  • Increasing costs and limited supply of basic resources

IMPACT OF COVID-19

Global demand for pharmaceutical products has been fueled by COVID-19's increasing prevalence. However, the lockdown and quarantine measures implemented in various areas have led to transport and logistics challenges, making it challenging to obtain the raw materials for pharmaceutical gelatin. Due to this, there is a supply-demand imbalance for pharmaceutical gelatin in some regions. India and China, who have experienced protracted lockdowns, have been harmed more severely than other nations like the US and EU members. This impact, meanwhile, is only anticipated to last a short while before returning to normal after Covid 19.

By Application

Tablets, hard and soft gel capsules, absorbable Hemostats, as well as other uses, make up the pharmaceutical gelatin industry. The benefits of soft gel capsules, such as their capacity to be made correctly for rapid or gradual release and high degree of repeatability, make them a patient-friendly dosage form with a rapid growth rate. In the application segment of the pharmaceutical gelatin market, soft gel capsules have experienced a high growth rate over the anticipated period due to these factors.

By Source

Pork, bovine skin, marine, bovine bone, and poultry gelatin are the different market segments for medicinal gelatin. During the forecast period, it is predicted that the porcine segment will increase at the fastest rate. The range of uses in the pharmaceutical industry, absorbable hemostats, and other biomedical applications, combined with lower production costs and a quicker manufacturing cycle, are all factors that are boosting this market's growth.

By Function

Stabilizing, thickening, gelling, and other functions are the different market segments for medicinal gelatin. Since it is used in pharmaceutical syrups, elixirs, and other liquid dosage forms, the thickening market is predicted to expand at the fastest rate. Gelatin is additionally employed to make the dose form viscous while maintaining its other qualities. This market is expanding due to the use of gelatin as a thickening factor in antibacterial creams and lotions.

By Type

Markets for Type A and Type B pharmaceutical gelatin are separated. The Type B segment's significant market share throughout the forecast period can be attributable to the rising desire for using bovine bone in the production of pharmaceutical gelatin and cultural acceptance of bovine source.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Capsugel, Gelita AGv, Catelent Inc., Rousselot, Sterling Gelatin, Norland Products Inc, Weishardt, Tessenderlo Group, Roxlor llc, Nitta Gelatin Inc, and other players.

MARKET SEGMENTS:

By Application

  • Hard Capsules

  • Soft Capsules

  • Tablets

  • Absorbable Hemostats

By Source

  • Porcine

  • Bovine Skin

  • Bovine Bone

  • Marine

  • Poultry

By Function

  • Stabilizing agents

  • Thickening agents

  • Gelling agents & Other Functions

By Type

  • Type A

  • Type B

Pharmaceutical Gelatin Market

REGIONAL ANALYSIS

During the projected period, the Asia Pacific region's pharmaceutical gelatin market is anticipated to expand at the highest CAGR. Due to the abundance of porcine and bovine raw material sources, as well as the region's low labour and capital investment costs, key market players are making investments here. The Asia Pacific region is expected to increase as a result of these factors throughout the forecast period.

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Pharmaceutical Gelatin Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.1 Billion
Market Size by 2028 US$ 1.6 Billion
CAGR CAGR of 5.4% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Hard Capsules, Soft Capsules, Tablets, Absorbable Hemostats)
• By Source (Porcine, Bovine Skin, Bovine Bone, Marine, Poultry)
• By Function (Stabilizing agents, Thickening agents, Gelling agents & Other Functions)
• By Type (Type A, Type B)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Capsugel, Gelita AGv, Catelent Inc., Rousselot, Sterling Gelatin, Norland Products Inc, Weishardt, Tessenderlo Group, Roxlor llc, Nitta Gelatin Inc, and other players.
Key Drivers • Gelatin is more versatile and superior in pharmaceutical applications.
• Gelatin is a completely natural substance that complies with medical laws.
Restraints • Veganism is becoming more popular.
• Pharmaceutical gelatin production is constrained in some areas by cultural constraints.


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Pharmaceutical Gelatin Market Segmentation, By Application

8.1 Hard Capsules

8.2 Soft Capsules

8.3 Tablets

8.4 Absorbable Hemostats

 

9. Pharmaceutical Gelatin Market Segmentation, By Source

9.1 Porcine

9.2 Bovine Skin

9.3 Bovine Bone

9.4 Marine

9.5 Poultry

 

10. Pharmaceutical Gelatin Market Segmentation, By Function

10.1 Stabilizing agents

10.2 Thickening agents

10.3 Gelling agents & Other Functions

 

11. Pharmaceutical Gelatin Market Segmentation, By Type

11.1 Type A

11.2 Type B

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 Capsugel

              13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Gelita AGv

13.3 Catelent Inc.

13.4 Rousselot

13.5 Sterling Gelatin

13.6 Norland Products Inc

13.7 Weishardt

13.8 Tessenderlo Group

13.9 Roxlor llc

13.10 Nitta Gelatin Inc.

 

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

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Step 1: Secondary Research:

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Secondary Research

Step 2: Primary Research

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