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.
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China Pig Skin Gelatin Market: Strategic Insights
China Pig Skin Gelatin Market
-
CAGR (2023 - 2031)
4.1%
-
Market Size 2023
US$ 52.02 Million
-
Market Size 2031
US$ 71.63 Million
Market Dynamics
GROWTH DRIVERS
- Wide Range of Application
- Easy Availability of Raw Materials in China
FUTURE TRENDS
- Increasing Demand for Fortified Food and Beverages
OPPORTUNITIES
- Increasing Demand for Personal Care and Cosmetic Products
Key Players
- 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
Regional Overview
- China
Market Segmentation
Application
- Food & Beverages
- Pharmaceuticals & Nutraceuticals
- Personal Care
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
China Pig Skin Gelatin Market: Strategic Insights
-
CAGR (2023 - 2031)4.1% -
Market Size 2023
US$ 52.02 Million -
Market Size 2031
US$ 71.63 Million
Market Dynamics
- Wide Range of Application
- Easy Availability of Raw Materials in China
- Increasing Demand for Fortified Food and Beverages
- Increasing Demand for Personal Care and Cosmetic Products
Key Players
- 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
Regional Overview
- China
Market Segmentation
Application - Food & Beverages
- Pharmaceuticals & Nutraceuticals
- Personal Care
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Segmentation and Scope:
The “China Pig Skin Gelatin Market Analysis and Forecast to 2030” is a specialized and in-depth study with a significant focus on market trends and growth opportunities. The report aims to provide a market overview with detailed market segmentation on the basis of application. The market has witnessed high growth in the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the use of skincare and makeup products in China. In addition, the China pig skin gelatin market report provides a qualitative assessment of various factors affecting the market performance in the country. The report also includes a comprehensive analysis of the leading players in the market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets.
The China pig skin gelatin market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Further, the ecosystem analysis and Porter's five forces analysis provide a 360-degree view of the market, which helps understand the entire supply chain and various factors affecting the market performance.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Segmental Analysis:
The China pig skin gelatin market is segmented on the basis of application. Based on application, the market is segmented into food & beverages, pharmaceutical & nutraceutical, personal care, and others. The food & beverages segment held the largest China pig skin gelatin market share in 2023. Pig skin gelatin is widely used as a gelling agent, stabilizer, and thickener in various food and beverage products such as candies, desserts, yogurt, functional beverages, frozen meat products, ready-to-eat meals, and ready-to-cook meals. With increasing preference for processed foods and convenience food products in China, the demand for pig skin gelatin has upsurged. In addition, pig skin gelatin is preferred by manufacturers due to its functional properties, including its ability to create a smooth texture, improve mouthfeel, and enhance the overall sensory experience of food products. Owing to its gelling abilities, pig skin gelatin is essential in modern cuisine. Foam formation, stabilization, and texturizing are essential properties in creating desserts. Pig skin gelatin offers these properties, thereby surging its use in various food & beverage application. Pig skin gelatin is also an important source of protein and can effectively replace carbohydrates and fats in many food products and is thus better suited to meet nutritional needs. Further, China's expanding food & beverages industry, coupled with the country's large population and rising disposable income levels, has contributed to the increased demand for pig skin gelatin as manufacturers seek to meet consumers' evolving preferences and demands.
Personal care segment is expected to register the highest CAGR during the forecast period. 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 China pig skin gelatin market growth.
China Pig Skin Gelatin Market Share – by Application, 2023 and 2031
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Regional Analysis:
The China pig skin gelatin market was valued at more than US$ 50 billion in 2023. The robust growth of the personal care & cosmetics sector in China due to rising demand for skin care products, especially sheet masks, skin tightening gels, and anti-aging creams, is driving the China pig skin gelatin market growth. Furthermore, emerging ingestible beauty and beauty-from-within trends in the Chinese personal care market and the advantages of gelatin to manufacture skin supplements in various forms such as capsules, gummies, and softgels that provide skin nourishing and healing properties boost the market growth. In addition, pig skin gelatin is widely used in food & beverages, pharmaceutical & nutraceutical, and other industries, owing to the its various functional properties. The wide range of applications and easy availability of raw materials are among the factors contributing to the growing China pig skin gelatin market.
Competitive Landscape and Key Companies:
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 market players focus on providing high-quality products to fulfill customer demand.
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
|
| Regions and Countries Covered |
China
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies - China Pig Skin Gelatin Market
- 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
- Foodmate Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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