The study involved two major approaches in estimating the current size of the gelatin market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the market.
In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, directories, and databases were referred to identify and collect information.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the gelatin market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to gelatin sources, application, type, function, and region. Stakeholders from the demand side, such as processed food and functional food products manufacturers, were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage of gelatin and the outlook of their business, which will affect the overall market.
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COMPANY NAME
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designation
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Darling Ingredients (US)
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General Manager
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Tessenderlo Group (Belgium)
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Sales Manager
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GELITA AG (Germany)
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Manager
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Nitta Gelatin Inc. (Japan)
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Head of processing department
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LAPI GELATINE S.P.A. (Italy)
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Marketing Manager
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India Gelatine & Chemicals Ltd. (India)
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Sales Executive
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the gelatin market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:
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The key players in the industry and the overall markets were identified through extensive secondary research.
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All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
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All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
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The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.
Global Gelatin Market: Supply-side analysis.
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Global Gelatin Market: Top-Down Approach.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall gelatin market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.
Market Definition
Gelatin is derived from the partial hydrolysis of collagen. It is extracted from the skin and bones of different mammals such as pigs, cattle, fish, and poultry. According to The Gelatin Manufacturers Institute of America (GMIA), gelatin is “a product obtained from partial hydrolysis of collagen derived from natural sources such as skin, connective tissue, and bones of animals.” It is widely used in various applications such as food & beverage, pharmaceutical, medical care, orthopedics, photography, paper manufacturing, printing, and in the chemical industry.
Key Stakeholders
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Manufacturers, importers & exporters, traders, distributors, and suppliers of gelatin
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Trade associations and industry bodies
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Research & development institutions
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Food & beverage and pharmaceutical manufacturers, suppliers, and processors
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Meat slaughtering companies
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Distributors, importers, and exporters
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Regulatory bodies & government agencies
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Organizations such as the Food and Drug Administration (FDA), United States Department of Agriculture (USDA), European Food Safety Agency (EFSA), Food Safety Australia and New Zealand (FSANZ), Gelatin Manufacturers Association Of Asia Pacific (GIMA), Gelatin Manufacturers Of Europe (GMA), South American Gelatin Manufacturers Association (GAGMA), and Gelatin Manufacturers Institute of America (GMA)
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Intermediary suppliers
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Universities and industry bodies
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End users
Report Objectives
MARKET INTELLIGENCE
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To determine and project the size of the gelatin market with respect to the source, application, type, function, and regions in terms of value and volume over five years, ranging from 2024 to 2029.
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To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
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To provide detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and challenges)
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To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
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To analyze the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market.
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To identify and profile the key players in the gelatin market.
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To understand the competitive landscape and identify the major growth strategies adopted by players across the key regions.
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product ANALYSIS
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Product Matrix, which gives a detailed comparison of the product portfolio of each company.
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
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Further breakdown of the European gelatin market into key countries.
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Further breakdown of the Rest of Asia Pacific gelatin market into key countries.
Company Information
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Detailed analyses and profiling of additional market players (up to five
Growth opportunities and latent adjacency in Gelatin Market