The global gelatin market is estimated at USD 4.0 billion in 2024; it is projected to grow at a CAGR of 6.9% to reach USD 5.6 billion by 2029. The pharmaceutical grade of gelatin is one of the major drivers of the growth in the gelatin market. It grows because of its wide range of uses in food and beverages, medicine, and cosmetics. Collagen-derived protein gelatin has applications as a thickening, stabilizing, and gelling agent and finds an application in pharmaceutical purposes for capsules and tablets. Its application in cosmetics is realized owing to its film-forming and moisturizing properties. Technological advancements in the methods of production and the development of alternative gelatins make the market grow because of dietary and ethical purposes.
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