The global gelatin substitutes market is expected to be valued at USD 1.5 billion in 2024 and is forecasted to grow to USD 4.7 billion by 2034, achieving a CAGR of 12.1% over the forecast period. Recent years have seen a significant rise in the sales of gelatin substitutes, fueled by increasing demand for functional …
Tag Archives: Gelatin Substitutes Market Demand
Market Outlook: Gelatin Substitutes Set to Grow at a 14.4% CAGR, Reaching USD 4.0 Billion by 2032
The global gelatin substitutes market is set to witness growth at a CAGR of 14.4% and top a valuation of USD 4.0 Billion by 2032. Gelatin substitutes are increasingly becoming a better alternative to gelatin products, which are obtained from animal bones along with hooves, animal skin, tendons, cartilage, and ligaments. As the vegan and vegetarian population …