As cited by the research report titled ‘Global Bovine Gelatin Market Size study, by Form (Powder, Capsule & Tablets, Liquid), by Nature (Organic, Conventional), by Application (Food and beverages, Cosmetics & personal care, Pharmaceuticals, Others), by Distribution Channel( B2B, B2C, Supermarket/hypermarket, Specialty supplement stores, Drugstore & Pharmacies, Others)and Regional Forecasts 2021-2027’, available with MarketStudyReport, global bovine gelatin market is projected to grow with a strong CAGR to accumulate significant returns over 2021-2027.
 

Increasing use of collagen and gelatin in food supplement industry is a major factor driving global bovine gelatin market growth. Rising consumer demand for natural supplements and ageing population are further augmenting the industry demand. In addition, businesses are focusing on developing innovative plant-based collagen food supplements, which is positively swaying the market dynamics.
 

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For the record, bovine gelatin is a colorless, flavorless, transparent, and brittle food ingredient that is made from collagen found in many of the animal parts. Gelatin is a peptide and protein combination which is made with partial hydrolysis of collagen extracted from tissues of animals such as chicken, fish, and pigs. Gelatin is used as a jelling agent in manufacturing pharmaceutical medications, confectionary and dairy products, vitamin capsules, photography, and cosmetics & personal care products.
 

On the downside, increasing prices and shortage of raw materials are likely to hinder the market progression over the estimated timeline.
 

Based on form, global bovine gelatin industry is segmented into capsule & tablets, powder, and liquid, whereas by nature, the marketplace is categorized into organic, and conventional. Speaking of application range, the business space is divided into food and beverages, pharmaceuticals, cosmetics & personal care, and others. Moving on to distribution channel, the industry classification comprises B2B, B2C, specialty supplement stores, supermarket/hypermarket, drugstore & pharmacies, and others.
 

Geographically speaking, Asia Pacific industry is currently deemed to be a major growth hub, owing to increasing demand for bovine gelatin products from food & beverages and nutrition & supplements sectors in the region.
 

Meanwhile, Europe industry is poised to register a remarkable growth rate over 2021-2027, on account of ample availability of raw materials and presence of prominent gelatin manufacturers in the region.
 

Prominent players influencing global bovine gelatin industry trends are Weishardt Holding SA, Trobas Gelatine BV, Tessenderlo Group, Nitta Gelatin NA Inc., Lapi Gelatine SpA, Great Lakes Gelatin Company, Gelnex Gelatins, Gelita AG, Darling Ingredients Inc., and Bernard Jensen Products.