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Colombia Gelatin Market Research Report, 2028

Colombia Gelatin Market Research Report, 2028

Actual Market Research 31-03-2023 64 Pages Figures : 6 Tables : 21 Region : South America Country : Czech Republic Category : Lifescience Pharmaceutical

Gelatin has been used in Colombia for various applications for many decades. The history of gelatin production in Colombia dates back to the early 20th century, when the first gelatin factories were established in the country. These factories produced gelatin for various applications, including food, pharmaceuticals, and photographic film. Today, gelatin is widely used in Colombia, particularly in the food and pharmaceutical industries. In the food industry, gelatin is used as a gelling agent and stabilizer in a wide range of products such as desserts, confectionery, and meat products. In the pharmaceutical industry, gelatin is used as a coating for tablets and capsules, and as a binding agent in the production of vaccines. The gelatin market in Colombia is expected to continue to grow in the coming years, driven by factors such as increasing demand for convenience foods and dietary supplements, and the growing trend towards natural and clean label products. There is also a growing interest in the use of plant-based sources of gelatin in Colombia, as consumers increasingly seek out vegetarian and vegan alternatives. According to the research report "Colombia gelatin Market Research Report, 2028," published by Actual Market Research, the Colombia gelatin market is expected to be of USD 81.8 million by 2028. Colombia is a major producer of gelatin in the Latin American region. The country produces gelatin for various applications, including food, pharmaceuticals, and cosmetics. Gelatin is widely used in the food industry in Colombia, particularly in the production of confectionery, desserts, and meat products. In the pharmaceutical industry, gelatin is used as a coating for tablets, and as an encapsulation material for medicines and vitamins. Gelatin is also used in the production of photographic film and paper, and in the manufacture of cosmetic products such as shampoo and face masks. The primary sources of gelatin in Colombia are bovine, porcine, and fish. Colombia is a major producer of fish, and this industry provides a significant source of raw materials for gelatin production. In recent years, there has been growing interest in the use of plant-based sources of gelatin, such as seaweed and other vegetable-based sources, as a way to cater to consumers who are looking for vegetarian and vegan alternatives. The gelatin market in Colombia is expected to continue to grow in the coming years, driven by factors such as increasing demand for convenience foods and dietary supplements, and the growing trend towards natural and clean label products. However, the market may face challenges such as increasing competition from other countries and consumer concerns about the safety and quality of gelatin products. Based on the Types of Gelatin Which includes Type A and Type B. Type A and Type B gelatin are both used in Colombia, depending on the specific application and requirements. Type A gelatin is derived from acid-cured tissue, while Type B gelatin is derived from alkaline-cured tissue. In the food industry, both Type A and Type B gelatin are widely used as gelling agents and stabilizers in various products such as desserts, confectionery, and meat products. Type A gelatin is often preferred for applications such as gummy candies and marshmallows, while Type B gelatin is preferred for applications such as gelatin desserts and soups. In the pharmaceutical industry, both Type A and Type B gelatin are used as binding agents in the production of capsules and tablets. The specific type of gelatin used may depend on factors such as the desired release profile and stability of the finished product. Colombia imports a significant amount of gelatin to meet the domestic demand. According to the latest available data from the International Trade Centre (ITC), in 2020, Colombia imported around USD 27 million worth of gelatin, with the top import origins being Argentina, Brazil, and China. The imported gelatin is used for various applications such as food, pharmaceuticals, and cosmetics. Colombia also exports a small amount of gelatin, primarily to neighboring countries in the region. According to the ITC, in 2020, Colombia exported around USD 2.6 million worth of gelatin, with the main export destinations being Ecuador, Venezuela, and Peru. The exported gelatin is primarily bovine and porcine gelatin, used for applications such as food and pharmaceuticals. The gelatin trade in Colombia is expected to continue to grow in the coming years, driven by factors such as increasing demand for gelatin in the food and pharmaceutical industries and the growing trend towards natural and clean label products. However, the market may face challenges such as increasing competition from other countries and consumer concerns about the safety and quality of gelatin products. Colombia is home to several major gelatin manufacturers, including Gelatinas y Colas SA, Gelita Colombia SAS, and PB Leiner Colombia SAS. These companies produce a wide range of gelatin products for various applications, and are an important part of the Colombian economy. Considered in this report • Geography: Colombia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Colombia gelatin market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Type A • Type B By end user: • Meat processing • Pharma & Healthcare • FMCG & beverages • Cosmetics • Photography • Others By source • Bovine • Porcine • Poultry & others • Plant based By Application • Stabilizing agent • Gelling agent • Thickening agent • Others (binder, texturizer, emulsifier). The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the gelatin, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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