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Stock impact report

Global Gelatin Market Set to Reach $5.6 Billion by 2029 | North America Leads the Industry [Yahoo! Finance]

JBS N.V. Class A Common Shares (JBS) 
Company Research Source: Yahoo! Finance
MarketsandMarkets, The global gelatin market size is experiencing notable expansion, estimated at USD 4.0 billion in 2024 and projected to reach USD 5.6 billion by 2029, growing at a CAGR of 6.9% from 2024 to 2029. This surge is fueled by rising consumer health consciousness, increasing demand for nutritive ingredients, and advancements in food technology that enable gelatin to be seamlessly integrated into a wide range of food and beverage applications. Diverse Sources of Gelatin Gelatin is primarily extracted from animal sources such as bovine and porcine skins and bones, as well as plant sources. Among these, the bovine segment is expected to maintain a significant share in the market due to its broad application in food, pharmaceuticals, and cosmetics. Notably, in August 2022, JBS S.A inaugurated a collagen and gelatin production facility from bovine skins with an investment of USD 77.45 million, producing up to 6,000 tonnes annually. This facility addresses the growing demand Show less Read more
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