China Pig Skin Gelatin Market is expected to reach US$ 71.63 million by 2031

PRESS RELEASE BY The Insight Partners 22 Apr 2024

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Wide Range of Applications Propels China Pig Skin Gelatin Market Growth

According to the latest market study on “China Pig Skin Gelatin Market Forecast to 2031 – Regional Share, Trend, and Growth Opportunity Analysis – by Application,” the market was valued at US$ 52.02 million in 2023 and is projected to reach US$ 71.63 million by 2031; it is anticipated to record a CAGR of 4.1% from 2023 to 2031. The China pig skin gelatin market report highlights key factors driving the market growth and prominent players along with their developments in the market.

China has one of the most significant pig skin gelatin markets due to the abundance of raw material availability and rising demand for pig skin gelatin in the food & beverages, nutraceuticals, and cosmetics & personal care industries. China is one of the world's largest pork producers, exporters, and consumers. According to the National Bureau of Statistics China, the total pork production in the country accounted for 57.94 million metric tons in 2023. The massive pork production in China provides abundant raw materials to the manufacturers of pig skin gelatin, making China one of the significant producers of pig skin gelatin. The wide range of applications and easy availability of raw materials are among the factors contributing to the growing China pig skin gelatin market size.

China Pig Skin Gelatin Market Breakdown – by Region

China Pig Skin Gelatin Market Breakdown – by Region

China Pig Skin Gelatin Market Overview, Size, Share by 2031

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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)

Pig skin gelatin is widely used in various industries, including food & beverages, pharmaceuticals & nutraceuticals, and personal care, owing to its versatility and suitability for various applications in these industries. In the food & beverages industry, pig skin gelatin is used as a stabilizer, gelling agent, and thickener in products such as confectionery, dairy, and desserts. With the rising demand for processed foods and the desire for texture enhancement and stabilization, pig skin gelatin offers a cost-effective solution for manufacturers. Further, pig skin gelatin capsules are a popular choice for encapsulating drugs and supplements due to their ease of swallowing, stability, and compatibility with a wide range of active ingredients. The government of China is increasingly investing in healthcare and research and development resulting in product innovations. Such investments in research and development of drugs propel the demand for pig skin gelatin in the pharmaceuticals & nutraceuticals industry in China.

In the cosmetics & personal care industry, pig skin gelatin is used in various cosmetic formulations such as creams, lotions, and masks for its film-forming, thickening, and emulsifying properties. With the rise in disposable income, there is a growing market for skincare and beauty products, further fueling the demand for pig skin gelatin as a key ingredient in cosmetic formulations. Apart from these applications, pig skin gelatin is also used in photography, textile, paper & printing, and biomedical research. The upsurging number of biomedical research applications such as tissue engineering and drug delivery has propelled the county's demand for pig skin gelatin. In addition, gelatin is used as a sizing and finishing agent in the textile industry, enhancing surface properties and printability in paper production. Development in these industries in China bolsters the demand for pig skin gelatin. Thus, the wide range of applications of pig skin gelatin in various industries drives market growth. The China pig skin gelatin market trends include increasing demand for fortified food and beverages.

The China pig skin gelatine market growth is hampered by the availability of substitutes. The viable substitutes of pig skin gelatine are fish gelatin sourced from fish skin and scales and bovine gelatin derived from cattle bones and hides. These alternatives are preferred by consumers with cultural preferences or dietary restrictions. In the market, the availability of substitutes creates price competition, as manufacturers opt for cost-effective options based on raw material availability, and pricing fluctuations hamper the market demand. Changing consumer preference for the specific gelatin type may shift toward more sustainable or ethical alternatives. Further, environmental sustainability and concerns over animal welfare have led consumers to seek gelatin alternatives made from non-animal sources such as plant-based or synthetic raw materials.

The China pig skin gelatin market analysis is carried out by identifying and evaluating key players in the market across different regions. 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; and Tessenderlo Group NV are among the key players profiled in the China pig skin gelatin market report.

The report includes the segmentation of the China pig skin gelatin market as follows:

The China pig skin gelatin market is segmented on the basis of application and country. Based on application, the market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The food & beverages segment held a significant China pig skin gelatin market share in 2023, followed by pharmaceuticals & nutraceuticals segment. In China, the demand for pig skin gelatin in the pharmaceutical & nutraceutical industry has upsurged in recent years. Pig skin gelatin is widely used in the production of capsules and softgel capsules in pharmaceutical and nutraceutical industry. As the pharmaceuticals & nutraceuticals industry expands in China owing to factors such as an aging population, increasing health consciousness, and rising healthcare expenditure, the demand for gelatin as an excipient increases significantly. In addition, pig skin gelatin is favored by pharmaceutical and nutraceutical manufacturers for its properties such as gel formation, film-forming ability, and compatibility with active ingredients. Gelatin coated tablets and capsules are considered to be effective in encapsulating various types of drugs and dietary supplements, ensuring their stability, controlled release, and ease of consumption. Further, the growing consumer awareness about the benefits of dietary supplements and herbal remedies, coupled with increasing discretionary spending on health and wellness products, has driven the demand for nutraceuticals in China. Thus, the rising demand for pharmaceutical and nutraceutical products propels the need for pig skin gelatin in China.

The personal care segment is expected to register the highest CAGR during the forecast period. Consumers are becoming conscious of skincare and grooming routines owing to growing skin concerns such as aging, hydration, and elasticity. Further, the beauty & cosmetic industry in China is experiencing rapid growth fueled by factors such as rising disposable incomes, urbanization, and social media influence. With a burgeoning middle-class population and a growing market for premium skincare and beauty products, there is an increasing demand for innovative formulations that deliver tangible results. Pig skin gelatin, rich in collagen and amino acids, is valued for its ability to improve skin texture, promote elasticity, and enhance overall skin appearance, making it a key ingredient in skincare and cosmetic formulation. The gelatin offers formulators and manufacturers the flexibility to develop a wide range of skincare and cosmetic products, including moisturizers, serums, masks, and anti-aging product, tailored to the diverse needs and preferences of consumers. Owing to the versatile properties and benefits of pig skin gelatin for skin health and beauty, it is increasingly used in personal care and cosmetic products which is expected to create a significant opportunity for the pig skin gelatin manufacturers in the country.

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