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Global Gelatin Market to Grow at a CAGR of 4.3% during 2022-2028 | BlueWeave Consulting

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New Delhi, June 13, 2022 (GLOBE NEWSWIRE) — Global Gelatin Market is growing at a high rate because of rising health awareness, changing lifestyles, increasing demand for gelatin in the food and beverage industry, pharmaceuticals, photographic processes, and nutritional products along with the growing application as well as benefits of gelatin…

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Global Gelatin Market was worth USD 2.4 billion in the year 2022. It is estimated to grow at a CAGR of 4.3%, earning revenue of around USD 5.9 billion by the end of 2028. The significant growth of the Global Gelatin Market is attributed to urbanization, changing lifestyles, rising consumption of protein-rich food, expanding Food and Beverage industry, rapid technological innovation, and increasing usage of Gelatin in the food industry to make marshmallows, fruit snacks, candy, desserts, gummy bears, cheesecakes, jelly chocolates, and other gelatin-based snacks. Also, it is widely used in pharmaceuticals to make hard capsules, soft gels, ointments, and drug coating purposes, it is used in cosmetics, and animal feed. All these factors increase the demand for gelatin, hence, influencing the growth of the Global Gelatin Market during the forecast period. Furthermore, Global Gelatin Market is one of the most booming markets that grow continuously owing to the fast advantages and integration of new technologies like the Internet of Things (IoT), artificial intelligence (AI), cloud computing, and others. There is a surge in demand for dietary supplements, functional, and processed food products in various countries around the globe and to meet this demand various market players are promoting new gelatin-based protein-enriched food products. Thus, Gelatin is essential for a healthy lifestyle. However, some factors like side-effects due to an overdose of gelatin, and gelatin consumption concerns among vegetarian consumers as gelatin is extracted as a by-product by the slaughtering of an animal.

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Due to this people’s fear of buying gelatin-based products are the major restraining factor for the growth of the Global Gelatin Market. Moreover, nowadays plant-based food supplement is popular owing to the shifting preferences of consumers towards vegan and organic food products, resulting in driving the demand of the plant-based gelatin. The demand for gelatin in cosmetics, photographic process as a binding agent to hold the silver halide crystals that are used in photographic film, and medicine for weight loss, improving hair, and skin problems, and to protect the content inside the capsules, in general, is gaining huge popularity among consumers across the globe. Gelatin-based food, gelatin-based tablets, beauty products, healthy organic powder, gelatin jellies, candies, and other products have already carved a niche for themselves in the market, hence the market is anticipated to proliferate during the forecast period (2023-2028) around the globe.

Based on the Source, the Global Gelatin Market is segmented into Pigskin, Cattle Bones, and Marine & Poultry. The Pigskin segment dominates the market owing to its health benefits. Pigskin has rich protein collagen, which is the best form of gelatin. Pigskin gelatin is widely used in various capsules, and cosmetics as a stabilizer, and binding agent owing to its health benefits such as managing blood sugar, weight loss, improving hair and skin related problems, and others. Based on End-User, the Global Gelatin Market is segmented into nutritional products, Food and Beverages, pharmaceuticals, personal care, and photography. The Food and Beverages segment dominates the market during the forecast period because the major consumers of gelatin are associated with the Food and Beverages industry owing to its benefits such as being rich in protein and suitable for healthy functional and nutritional food and beverage. Gelatin is naturally obtained from animal connective tissue and thus it is considered a clean label ingredient. Moreover, the pharmaceutical segment is also increasing the demand for gelatin due to the increasing demand for cosmetics, tablets, capsules, and ointments.

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Geographically, the Global Gelatin Market is segmented into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA). The Europe segment accounts to hold the largest share in the market owing to the urbanization, and rising purchasing power of consumers, development in the food and healthcare industry in this region. Moreover, the wide availability of raw materials and key gelatin manufacturing are driving the growth of the Global Gelatin Market. The sudden outbreak of COVID-19 negatively impacted the Food and Beverage industry, pharmaceuticals, agriculture, and there was huge decline in the global economy, supply chains, health, and quality of life of people. People are more aware of food consumption, and are buying new products during the pandemic which restrains the demand for gelatin. Moreover, due to the economic crisis, government imposed social distancing norms, and shortage of raw materials, there is a halt in the production of gelatin which negatively impacted the growth of the Global Gelatin Market. However, post-pandemic, there is a surge in demand for healthy and nutritional processed food products which in turn increases the demand for gelatin during the forecast period.

The leading market players in the Global Gelatin Market are Gelita (Germany), Darling Ingredients (US), Nitta Gelatin (Japan), Weishardt (France), India Gelatine &Chemicals (India), Tessenderlo Group (Belgium), Trobas Gelatine (Netherlands), Italgelatine (Italy), Sterling Biotech Group (India), Lapi Gelatine (Italy), gelnex (Brazil), Junca Gelatines (Spain), and other prominent players. The Global Gelatin market is highly consolidated with the presence of multinational Food and beverages and pharmaceutical companies. These companies constantly launch a wide range of products with innovations to attract consumers and significantly invest in research and development activities to further innovate their offerings. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.

Don’t miss the business opportunity in the Global Gelatin Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the Global Gelatin Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Gelatin Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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Recent Developments

  • In May 2021, Darling Ingredients Inc. announced that its Rousselot brand expanded its range of purified, pharmaceutical-grade, and modified gelatin with the launch of X-Pure Geldat-Gelatin- gelatin Desaminotyrosine.​​​

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2022
Forecast – 2023 – 2028
Facts Covered Revenue in USD Billion
Market Coverage North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA
Product Service/Segmentation By Type, By Source, By End User, By Region
Key Players Gelita (Germany), Darling Ingredients (US), Nitta Gelatin (Japan), Weishardt (France), India Gelatine &Chemicals (India), Tessenderlo Group (Belgium), Trobas Gelatine (Netherlands), Italgelatine (Italy), Sterling Biotech Group (India), Lapi Gelatine (Italy), gelnex (Brazil), Junca Gelatines (Spain), and Other Prominent Players. 

By Type

  • Food-Grade gelatin
  • Hydrolyzed Gelatin
  • Others

By Source

  • Pigskin
  • Cattle Bones
  • Marine
  • Poultry

By End-User

  • Nutritional Products
  • Food and Beverages
  • Pharmaceuticals
  • Personal Care
  • Photography

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)

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BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

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Artificial Intelligence

TraceLink Releases Amadeus, the First Generative AI Assistant for Accelerating the Digitalization of Supply Networks on the Opus Platform

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Trained on a rich set of information from a unified content repository, Opus Orchestration Architects, Solution Designers, Network Administrators, and those simply interested in learning more about TraceLink’s solutions are empowered with information in seconds
BOSTON, Oct. 1, 2024 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, today announced the launch of Amadeus, an AI Assistant to help users across the supply chain configure and optimize supply networks. Powered by advanced Large Language Model (LLM) algorithms, Amadeus allows users to find answers across a large volume of the TraceLink University educational content ecosystem, including developer resources, educational “how-to” materials, and technical documentation, delivering detailed, accurate responses tailored to their needs.

Whether navigating through extensive resources, searching for specific content, or exploring related topics, Amadeus provides intelligent answers drawn from a knowledge base refreshed on a daily basis. Its advanced search capabilities and context-aware assistance with source URL and citations ensure a smooth, reliable, current, and efficient content discovery process. With instant access to TraceLink University documents, educational whitepapers, case studies, and more, Amadeus delivers quick, within-seconds responses tailored to specific customer use cases, helping users solve complex business problems with confidence.
“With Amadeus, we are offering a powerful way for customers to engage with the wealth of knowledge within TraceLink University,” said Shabbir Dahod, President and CEO at TraceLink. “By integrating generative AI and LLMs with our extensive content library, Amadeus helps users to quickly find the information they need to optimize their supply chain operations. This is just the beginning of how TraceLink aims to harness AI to further transform supply chain management in the future.”
Amadeus’ AI functionality is further enriched by its robust safeguards. Built-in guardrails and alignment with OpenAI’s safety protocols verify that responses are relevant and accurate, eliminating AI hallucinations and keeping users on track. With these AI safety features built into Amadeus, users receive the most applicable and trusted answers, helping them make informed decisions in real-time. Looking forward, Amadeus will securely integrate content from customers’ own orchestration networks, thereby enabling a powerful AI-driven experience on top of end-to-end supply chain network intelligence to leverage predictions to drive business results.
Learn more about TraceLink’s Opus Magnum release, the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration.
See Opus Magnum live at FutureLink Barcelona 2024, the only thought-leadership, education, and networking event for life sciences and healthcare leaders needing critical intelligence and better collaboration across supply chain relationships, from October 2-4, 2024. With keynotes headlined by the industry’s top thought leaders, a full day of TraceLink University educational sessions, three orchestration tracks led by customers and solution partners, and an immersive product and solution exhibition, this year’s FutureLink will focus on the end-to-end digitalization of your supply chain to link your enterprise systems and processes to the network. Register now.
About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
Logo – https://mma.prnewswire.com/media/1004729/TraceLink_Logo.jpg

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Artificial Intelligence

ResourceWise Launches Forest Trackt™: A Comprehensive Solution for EUDR Compliance

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CHARLOTTE, N.C, Oct. 1, 2024 /PRNewswire/ — ResourceWise®, a leading provider of pricing, market intelligence and sustainability solutions, is proud to announce the launch of Forest Trackt™, an end-to-end compliance solution designed to help companies adhere to the European Union Deforestation Regulation (EUDR). This innovative technology is set to transform how businesses demonstrate supply chain transparency.

Forest Trackt integrates advanced technology, including automated geo-location of source coordinates, machine learning, and advanced algorithms, to enable businesses to trace the origins of wood-based commodities accurately. Forest Trackt enhances transparency across the supply chain, providing a robust framework for meeting the stringent requirements of the EUDR.
Key features of Forest Trackt include:
Geo-Location Data Acquisition: Employs the user-friendly ForestLogger mobile app to collect precise geo-location data with no cellular connection. This ensures accurate and efficient data gathering and polygon definition, even in remote areas.Point-to-Polygon JSON Files: Automates the creation of required geo-location data files to comply with EUDR. One significant challenge for EUDR compliance is the requirement to provide vast amounts of geo-location data. Forest Trackt replaces manual data entry, reducing cost and errors while providing more accurate data and ensuring full traceability of wood-based products.Predictive Risk Assessment: Offers multi-factor risk assessment to pre-qualify tracts, conduct the required risk assessment, and demonstrate a robust risk management program as required by EUDR.Tokenization System: Tracks wood-based raw materials from the forest through the supply chain to the end product and market, solving the many-to-many problem of forest and sawmill residuals.Centralized Data Package Delivered to the EU: Transfers all data from a centralized database to the EU via API.Forest Trackt is engineered to streamline compliance, minimizing manual workload while maximizing compliance accuracy and assuring audit readiness. Businesses that adopt this solution can look forward to increased efficiency and reduced risk of non-compliance penalties, thus future-proofing themselves against evolving regulatory landscapes.
“The penalties for failing to comply with EUDR are steep. For example, US manufacturers of pellets, pulp, paper, and lumber have roughly $4 billion in revenue at risk. At ResourceWise, we recognize the challenges companies face in implementing transparency standards,” said Pete Stewart, CEO of ResourceWise. “With Forest Trackt, we aim to simplify compliance processes and empower businesses to achieve their sustainability goals with confidence and ease.”                                                                             
“The regulatory environment for the forest products industry is becoming more complex,” said Stewart. “With the launch of Forest Trackt, ResourceWise continues its commitment to helping those in the forest products industry meet their financial and sustainability goals.”
For more information about Forest Trackt and how it can benefit your business, visit www.resourcewise.com/foresttrackt.
Contact:
Suz-Anne KinneyVice President, MarketingResourceWisePhone: +1 704 451 7312Email: [email protected]
About ResourceWise:
ResourceWise is a commodity price reporting agency with proprietary datasets and deep expertise in forest products, biofuels and low-carbon feedstocks, biomaterials, and chemicals industries. We help our customers make better decisions by providing accurate data and analytics, which we supplement with strategic consulting. Because our markets are energy-intensive, we use our data and expertise to help our customers identify and navigate decarbonization pathways and industry-related regulatory requirements. 
ResourceWise legacy companies include Chemical Intelligence, Fisher International, Forest2Market, Prima Markets, Tecnon OrbiChem, and Wood Resources International.  

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Artificial Intelligence

VIPRE Introduces All-in-one Endpoint EDR+MDR Package to Help Deliver Around-the-clock Managed Security

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Simplified, cost-effective package empowers Managed Service Providers to enter the endpoint MDR market.
LONDON, Oct. 1, 2024 /PRNewswire/ — VIPRE Security Group, a global leader and award-winning cybersecurity, privacy, and data protection company, today launched a new combined VIPRE Endpoint EDR+MDR package. This single, simplified, and streamlined managed protection package provides organisations of all sizes with cost-effective, advanced, and around-the-clock endpoint security. For managed service providers (MSPs), this solution provides a genuine opportunity for portfolio expansion to offer Managed Detection & Response (MDR) services to customers.

With this powerful all-in-one VIPRE Endpoint EDR+MDR solution, organisations receive top-tier Endpoint Detection & Response (EDR) capabilities, such as threat detection, DNS protection, ransomware rollback, patch, and vulnerability management — alongside a fully managed threat incident response led by an experienced forensics team. This includes 24x7x365 coverage backed by stringent service level agreement guarantees, managed containment and remediation, threat hunting and forensic analysis, and more.
“This new packaged solution directly addresses the security and budgetary challenges identified by our customers and MSP channel partners,” Usman Choudhary, General Manager and CTPO at VIPRE Security Group, elaborated. “The security landscape is complex and challenging. Organisations face escalating threats while dealing with budget limitations. The need for continuous, advanced threat monitoring and remediation strains both security teams and financial resources. Our integrated EDR and MDR solution addresses these challenges cost-effectively, while also reducing the overall total cost of ownership of these solutions.”
“Similarly, many MSPs find it difficult to supplement their EDR offerings with MDR services, which demand specialised cybersecurity expertise. Our new package enables MSPs to enter the MDR market efficiently, enabling them to meet clients’ evolving security needs without the substantial investment of building an in-house MDR team.”
Both VIPRE solutions, EDR and MDR, will also remain available individually.
About VIPRE Security Group
VIPRE Security Group, part of Ziff Davis, Inc., is a leading provider of internet security solutions purpose-built to protect businesses, solution providers, and home users from costly and malicious cyber threats. With over 25 years of industry expertise, VIPRE is one of the world’s largest threat intelligence clouds, delivering exceptional protection against today’s most aggressive online threats. Our award-winning software portfolio includes next-generation antivirus endpoint cloud solutions, advanced email security products, along with threat intelligence for real-time malware analysis, and security awareness training for compliance and risk management. VIPRE solutions deliver easy-to-use, comprehensive layered defense through cloud-based and server security, with mobile interfaces that enable instant threat response. VIPRE is a proud Advanced Technology Partner of Amazon Web Services, operating globally across North America and Europe.
The group operates under various brands, including VIPRE®, StrongVPN®, IPVanish®, Inspired eLearning®, Livedrive®, and SugarSync®. www.VIPRE.com
 

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