Industry

China Pig Skin Gelatin Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)

Report Code : 

TIPRE00039015

No. of Pages : 65
Published Month : Apr 2024
Category : Food and Beverages

The China pig skin gelatin market size is expected to reach US$ 71.63 million by 2031 from US$ 52.02 million in 2023; the market is estimated to register a CAGR of 4.1% from 2023 to 2031.

Market Insights and Analyst View:

Pig skin gelatin is widely used in jellies, ice creams, confectioneries, soups, sauces, dressings, ready-to-eat snacks, and meals as a stabilizer, thickener, and gelling agent. The rising adoption of convenience food due to hectic lifestyles and the increasing influence of Western eating habits drive the demand for pig skin gelatin in the Chinese food & beverages industry. Further, rising health concerns; increasing demand for dietary supplements such as multivitamins, mineral supplements, protein supplements, and others; and the growing sports nutrition sector would provide substantial opportunities to the China pig skin gelatin market for the pharmaceuticals & nutraceuticals segment during the forecast period.

Growth Drivers and Challenges:

The wide range of applications and easy availability of raw materials in China are major factors contributing to the growth of China pig skin gelatin market. China is one of the world's largest producers and consumers of pork, resulting in a surplus of pig skin as a by-product of the pork industry. According to the United States Department of Agriculture (USDA), pork production in China totaled 57.94 million tons in 2023. Thus, pig skin becomes a readily available and cost-effective raw material for gelatin production. With efficient supply chains and established processing facilities, manufacturers in China can easily source pig skin, ensuring a steady supply of raw materials to meet the growing demand for pig skin gelatin.

The scalability of pig farming in China contributes to the easy availability of raw materials for gelatin production. China's vast agricultural land and favorable climatic conditions allow for large-scale pig farming operations, resulting in the continuous supply of pig skin for gelatin extraction. Moreover, advancements in animal husbandry practices and breeding techniques have increased the yield of pig skin per animal, further bolstering the availability of raw materials for gelatin manufacturers. Thus, the easy availability of raw materials in China fuels the growth of the China pig skin gelatin market.

Increasing demand for fortified food and beverages is expected to emerge as one of the China pig skin gelatin market trends in the future. Changing dietary preferences, growing health awareness, and increasing aging population in China boost the demand for fortified food and beverages. Fortified food and beverages are products enriched with additional nutrients, vitamins, or minerals to enhance their nutritional value and address specific health concerns. Pig skin gelatin is well-suited for fortification application due to its ability to act as a carrier for added nutrients and supplements. In recent years, the growing awareness of nutrition and wellness among consumers has propelled the demand for products that offer health benefits. The 2017 BCG survey stated that China is amongst the world’s most health-conscious countries, creating investment opportunities in the health food sector. Fortified food and beverages cater to this demand by offering health benefiting food and beverages that target specific health needs such as bone health, joint support, and skin rejuvenation. Pig skin gelatin, being a versatile and easily digestible protein, is incorporated into a wide range of fortified products, including functional snacks, dairy products, and beverages, to provide additional nutritional value.

Availability of substitutes may hamper the China pig skin gelatin market. Bovine gelatin derived from cattle bones and hides, and fish gelatin sourced from fish skin and scales are viable substitutes for pig skin gelatin. These alternatives cater to consumers with dietary restrictions or cultural preferences. Further, as awareness regarding environmental sustainability rises among the consumers, demand for animal sourced gelatin declines as consumers become discerning about the product purchase. To meet the changing demand, the manufacturers may need to adapt their offerings which might further impact the market growth. Thus, the availability of substitutes hampers the growth of the China pig skin gelatin market.

China Pig Skin Gelatin MarketReport Scope

China Pig Skin Gelatin Market Report Scope

Report Attribute Details
Market size in 2023 US$ 52.02 Million
Market Size by 2031 US$ 71.63 Million
Global CAGR (2023 - 2031) 4.1%
Historical Data 2020-2022
Forecast period 2024-2031
Segments Covered By Application
  • Food & Beverages
  • Pharmaceuticals & Nutraceuticals
  • Personal Care
Regions and Countries Covered China
  • China
Market leaders and key company profiles
  • Nitta Gelatin Inc
  • Rousselot BV
  • Xiamen Gelken Gelatin Co Ltd
  • XIAMEN HUAXUAN GELATIN CO. Ltd
  • GELITA AG
  • Shangshui Fuyuan Gelatin Co.,Ltd
  • Xiamen Yasin industry & Trade Co.,Ltd
  • Funingpu
  • Tessenderlo Group NV
  • The List of Companies - China Pig Skin Gelatin Market

    1. Nitta Gelatin Inc
    2. Rousselot BV
    3. Xiamen Gelken Gelatin Co Ltd
    4. XIAMEN HUAXUAN GELATIN CO. Ltd
    5. GELITA AG
    6. Shangshui Fuyuan Gelatin Co.,Ltd
    7. Xiamen Yasin industry & Trade Co.,Ltd
    8. Funingpu
    9. Tessenderlo Group NV
    10. Foodmate Co., Ltd.
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the China pig skin gelatin market
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the China pig skin gelatin market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth China market trends and outlook coupled with the factors driving the pig skin gelatin as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
    Download Sample