Tight Supply Compels Gelatin Prices To Inflate Across The Globe (2024)

  • 02-Sep-2022 4:26 PM
  • Journalist: Peter Schmidt

Gelatin prices are exhibiting an upward trend worldwide on the back of a tight supply of the product. The slow production activities of the manufacturing plants and the robust demand from the international market further support the rise in Gelatin prices.

In China, the Gelatin market is active due to the heavy demand from consumers, which triggers Gelatin prices. Also, the values increased by 1.9% for Gelatin (BS-150) and 2.0% for Gelatin (BS-220) due to the shortage of inventories in the market. Industrial Gelatin manufacturing is in a low phase because high temperature leads to weak jelly strength and potential quality issues. Some factories in China, most notably Ysasin Industry, a significant Gelatin producer, are mainly engaged in maintenance work to ensure the highest quality Gelatin to its buyers. With values

In the meantime, the Indian Gelatin market is also struggling due to low stocks and surging demand from the food industries. On the other hand, the weak production in China and Germany's domestic market ushered in the disrupted trade, further pushing the Gelatin food grade prices by 1.0% for (BS-150) and 1.2% for (BS-220) in India.

Not just in Asia, similar market dynamics have also been observed in the United States, where prices for Gelatin have surged around 1.6% for Gelatin (BS-150) and 0.4% for Gelatin (BS-220) in August 2022, respectively. The insufficient product availability in the USA and limited Supply from China led USA's traders to import Gelatin at a high cost from Brazil, prompting the price hike. Since China is one of the exporters of Gelatin to the USA, the turnaround in some production units for maintenance has caused a low output, hindered supplies, and disrupted trading activities of the products. Regardless of the low imports from China, the traders in the US market experienced pressure to cater to steady demand from downstream industries. As a result, they seek supplies from Brazil and Germany.

However, the rising requirement for Gelatin from the end-use pharmaceutical, food, and cosmetic manufacturers is influencing Gelatin prices to increase globally.

According to ChemAnalyst, the Gelatin prices will likely remain stable in the coming month due to consistency in demand from the end-users side, even if manufacturing plants remain shut.

Tight Supply Compels Gelatin Prices To Inflate Across The Globe (2024)

FAQs

Tight Supply Compels Gelatin Prices To Inflate Across The Globe? ›

Tight Supply Compels Gelatin Prices To Inflate Across The Globe. Gelatin prices are exhibiting an upward trend worldwide on the back of a tight supply of the product. The slow production activities of the manufacturing plants and the robust demand from the international market further support the rise in Gelatin prices ...

Why is gelatin so expensive? ›

The pricing of gelatin is influenced by various factors, including raw material costs, production processes, and market demand. One key driver of gelatin prices is the fluctuating costs of its primary raw material – collagen.

Is there a gelatin shortage? ›

Due to increased demand from end-user suppliers, there is a moderate shortage of Gelatin on domestic warehouse shelves, leading to price hikes in the market.

What is the market trend in gelatin? ›

The global gelatin market size was valued at USD 3.7 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2023 to 2028.

Who is the largest producer of gelatin? ›

Rousselot world-class gelatins

As the world's leading producer of gelatin and collagen-based solutions, we offer world-class products of consistent, premium quality and high diversity.

What are the problems with gelatin? ›

But taking high doses of 15 grams daily might increase the risk for side effects, including sore throat, swollen gums, and mouth sores. Gelatin comes from animals. This has led to some concern about contamination from sick animals.

Who is the largest importer of gelatin? ›

In 2022, the top importers of Gelatin were United States ($426M), Germany ($281M), France ($131M), Japan ($122M), and Canada ($104M).

Where does gelatin come from now? ›

Manufacturers produce gelatin by processing animal bones, cartilage, and skin. They may use the bodies of cows or fish, for example. The process extracts the collagen, a fibrous protein that connects muscles, bones, and skin, and turns it into gelatin, a flavorless, colorless, jelly-like substance.

Who are the top gelatin manufacturers? ›

Top Companies in India Gelatin Market
  • Foodchem International Corporation.
  • Foodmate Co. Ltd.
  • India Gelatine & Chemicals Ltd.
  • Jellice Group.
  • Nitta Gelatin Inc.

Why can't Muslims eat gelatin? ›

Foods like jellybeans, marshmallows, and other gelatin-based foods also typically contain pork byproducts and are not considered Halal. Even products like vanilla extract and toothpaste can contain alcohol! Muslims will generally not eat meat that has also come in contact with pork.

Is gelatin actually good for you? ›

Gelatin is a protein that may promote skin, joint, hair, nail, and gut health. It also provides essential amino acids, the building blocks of proteins, which can provide potent health benefits. The protein and amino acids in gelatin can help the body build more collagen, a vital element in healthy skin.

Can you get gelatin without killing the animal? ›

Most gelatin comes from boiling the bones of pigs and cattle. Thankfully, not all gelatinous substances require the death of an animal. One popular and equally fun replacement is agar-agar, a substance derived from seaweed that can be used to make jello, marshmallows, or in a variety of other recipes and foods.

Why is gelatin most preferred? ›

Gelatin is among the most widely used ingredients in pharmaceutical and medical applications, and with good reason: gelatin is almost universally tolerated, it displays very useful elasticity and clarity features, it melts at body temperature, and it is thermoreversible.

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