The size of the Pharmaceutical Gelatin Market in Europe is forecasted to grow at a robust CAGR from 2024 to 2029.
The gelatin used in pharmaceuticals is water-soluble, transparent, colorless, and delicate.The benefits associated with the pharmaceutical gelatin is majorly accelerating the market growth in the Europe region. It is used in various forms, such as making empty capsules, tablet coating, suspending agents, and a plasma substitute. Factors such as the rising prevalence of chronic diseases, an increase in population and spread rate of infections, governments support, and private organizations' support are driving market size for the European pharmaceutical gelatin market. Also, Europe is the first nation to account for a more significant number of geriatric populations. The rise in awareness for neutraceuticals, and the intake of natural drugs, and the increase in the geriatric population increase market growth.
Along with market growth factors, few restraints held back market growth for the European region's pharmaceutical gelatin market. The high-end costs are associated with gelatin as the extraction procedures are more challenging. Hence this high cost of gelatin hampers the market growth. The preservation and conditions for gelatin are to do with more skilled persons in favorable environments. Therefore such factors interfere with the market size. The availability and production of gelatin in European nations are also not that great compared to other countries.
Stabilizers
Thickeners
Pig Skin
Bovine Hides
Hard Capsules
Soft Capsules
United Kingdom
France
Out of Europe, Germany holds the largest shares, followed by Italy and France. Rise in geriatric population ratio, awareness in neutraceuticals, rise in occurrences of chronic diseases. Also, the wide range of gelatin applications in various markets, such as pharmaceuticals and nutraceuticals, is causing market growth to a great extent. Europe is the first country to report more research-based activities for plant-based drugs, i.e., neutraceuticals. This country also has a vast scope of pharmaceuticals and drug manufacturing companies that need a lot of gelatin to manufacture capsules and tablets. It acts as a suspending agent who made it more beneficial.
Some of the major companies dominating the Europe pharmaceutical gelatin market by their products and services include Rousselot, Nitta Gelatin Inc., Capsugel, Catelent Inc., Norland Products Inc, Tessenderlo Group, Sterling Gelatin, Roxlor LLC, Weishardt, and Gelita AG.
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