Mexico Gelatin Market Report, Size, Price 2023-2028

El nuevo estudio de Informes de Expertos titulado “Mercado Mexicano de Gelatina, Informe y Pronostico 2023-2028″, ofrece un análisis profundo del mercado, evaluándolo por la materia prima, el uso final y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Mexico Gelatin Market Report and Forecast 2023-2028’, gives an in-depth analysis of the market, assessing it on the basis of raw material, end use and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 5.50%

Mexicans’ fondness for gelatin has made the product an indispensable part of their lives, thus aiding the gelatin market growth in the region. The use of gelatin is increasing, and it shows a penetration rate of 80% in Mexico, demonstrating that eight out of ten houses consume it. Moreover, the product’s availability in various forms, such as jelly, gummy candies and desserts also contributes to the industry’s growth. Among these, jellies are one of the most popular desserts among Mexicans.

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The product is used in various industries, contributing significantly to the market growth. Moreover, rising health consciousness among consumers is driving the demand for gelatin as a dietary protein. Additionally, growing awareness of the health benefits of gelatin and increasing disposable incomes of the consumers are other factors providing impetus to the market.

Industry Definition and Major Segments

Gelatin refers to a protein that is derived from animal body parts and is used as a gelling agent in the food and beverage industry and in the production of various drugs.

By raw material, the market is divided into:

• Pig Skin
• Bovine Hides
• Bone
• Others

By end use, the industry is fragmented into:

• Food and Beverages
• Nutraceuticals
• Pharmaceuticals
• Photography
• Cosmetics
• Others

Key regions covered include:

• Baja California
• Northern Mexico
• El Bajío
• Central Mexico
• The Pacific Coast
• The Yucatan Peninsula
• Others

Market Trends

The market has exhibited significant growth in Mexico due to the increasing consumption of gelatin in Mexican households. The COVID-19 pandemic also had an impact on the growth of the industry. Although it diminished the demand for the product in the food and beverage industry, there was an increasing demand for gelatin from the pharmaceutical sector to produce softgels.

The market is also aided by the increasing consumption of jellies and gummy candies as healthy supplements. Besides, rising geriatric population, increasing incidence of chronic diseases and a greater demand for nutraceuticals and other functional foods and health supplements are further propelling the gelatin market growth.

Key Industry Players

The major players in the industry are:

• Gelita AG.
• Weishardt
• Nitta Gelatin, NA Inc
• Rousselot
• LB Leiner
• Coloidales Duché S.A. de C.V.
• Grenetina Progel Mexicana S.A. de C.V.
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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