Product Code: ETC105168 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Gelatine Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 9.61% in 2025, the market peaks at 14.20% in 2028, and settles at 12.64% by 2029.
The Gelatine market in Philippines is projected to grow at a high growth rate of 13.58% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The gelatine market in the Philippines has an approximate value of PHP 2 billion with a projected CAGR (Compound Annual Growth Rate) at 5%. Most gelatine consumed locally is manufactured domestically by local companies such as F&N Foods Corporation Limited and Universal Robina Corporation who produce food grade gelatin for use in confectionary items like jelly beans or gummy bears along with other applications including capsules for pharmaceuticals or nutritional supplements as well as cosmetics manufacturing processes.
The Philippines gelatine market is influenced by the food and pharmaceutical industries` requirements for a versatile ingredient with gelling and stabilizing properties. As the demand for confectionery, bakery, and pharmaceutical products increases, the need for gelatine as an additive or ingredient grows. Key drivers in this market encompass food manufacturers like Universal Robina Corporation (URC), which employs gelatine in their products to enhance texture and quality, contributing to the market`s growth.
The Philippines gelatine market, serving the food, pharmaceutical, and cosmetics industries, could include key players such as Geltech Philippines Corporation, a reputable manufacturer of gelatine and other ingredients. Another notable participant might be McCormick Philippines, contributing to the gelatine market through its food and flavoring solutions, influencing the quality and variety of gelatine-based products.
The Philippines gelatine market experienced significant impacts as a result of the COVID-19 pandemic. Gelatine is widely used in the food, pharmaceutical, and cosmetic industries. The disruptions in supply chains, reduced consumer spending on non-essential products, and shifts in consumer preferences influenced the demand for gelatine-containing products. While the food and pharmaceutical sectors maintained essential demand, challenges in sourcing raw materials and distribution posed hurdles. As the situation improves and economic activities stabilize, the gelatine market is projected to recover. The market`s resurgence will be driven by the continued need for gelatine in various industries and the revival of consumer spending.
The Philippines gelatine market, serving the food, pharmaceutical, and cosmetics industries, could include key players such as Geltech Philippines Corporation, a reputable manufacturer of gelatine and other ingredients. Another notable participant might be McCormick Philippines, contributing to the gelatine market through its food and flavoring solutions, influencing the quality and variety of gelatine-based products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Gelatine Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Gelatine Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Gelatine Market - Industry Life Cycle |
3.4 Philippines Gelatine Market - Porter's Five Forces |
3.5 Philippines Gelatine Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Philippines Gelatine Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Philippines Gelatine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Gelatine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Gelatine Market Trends |
6 Philippines Gelatine Market, By Types |
6.1 Philippines Gelatine Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Philippines Gelatine Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Philippines Gelatine Market Revenues & Volume, By Pig Skin, 2021-2031F |
6.1.4 Philippines Gelatine Market Revenues & Volume, By Cattle Bones, 2021-2031F |
6.1.5 Philippines Gelatine Market Revenues & Volume, By Bovine Hides, 2021-2031F |
6.1.6 Philippines Gelatine Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Gelatine Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Philippines Gelatine Market Revenues & Volume, By Stabilizer, 2021-2031F |
6.2.3 Philippines Gelatine Market Revenues & Volume, By Thickener, 2021-2031F |
6.2.4 Philippines Gelatine Market Revenues & Volume, By Gelling Agent, 2021-2031F |
6.2.5 Philippines Gelatine Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Gelatine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Gelatine Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Philippines Gelatine Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.4 Philippines Gelatine Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.5 Philippines Gelatine Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.6 Philippines Gelatine Market Revenues & Volume, By Photography, 2021-2031F |
6.3.7 Philippines Gelatine Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Gelatine Market Import-Export Trade Statistics |
7.1 Philippines Gelatine Market Export to Major Countries |
7.2 Philippines Gelatine Market Imports from Major Countries |
8 Philippines Gelatine Market Key Performance Indicators |
9 Philippines Gelatine Market - Opportunity Assessment |
9.1 Philippines Gelatine Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Philippines Gelatine Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Philippines Gelatine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Gelatine Market - Competitive Landscape |
10.1 Philippines Gelatine Market Revenue Share, By Companies, 2024 |
10.2 Philippines Gelatine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |