Global Gelatin and Bone Glue Market: Overview
Gelatin is a colorless and brittle protein traditionally derived from animal skin, bones, and connective tissue. The properties of gelatin such as high solubility, palatability, and high binding strength make them ideal for foods and beverage, pharmaceuticals and photography Industry. Bone glue is an excellent adhesive formed by prolonged boiling of animal connective tissue. Bone glue has widespread application in several industries. The rising demand for organic products among consumers is a primary factor behind the growth of the global gelatin and bone glue market.
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Global Gelatin and Bone Glue Market: Notable Developments
Some of the recent developments that may favor the gelatin and bone glue market market are:
• Recently, Scientists at Wageningen University and Research have invented an injectable glue. This adhesive has superior industry standard adhesion property. Additionally it can bind substrate under different environmental conditions.
• In April 19, Gel Zen, a gelatin manufacturing company announced production of animal-free gelatin. These is expected to increase adoption of gelatin in food, pharmaceutical, and cosmetic products.
• In April 19, VEGAN GELATIN COMPANY announced the discovery of animal-free, high-performance cologne. This can be used in cosmetics industry in place of animal gelatin.
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Apart from above, some of the prominent players operating in the global gelatin and bone glue market are Baxter International Inc., Johnson and Johnson, CryoLife, Luna Innovations Incorporated, C. R. Bard, Inc., B. Braun Melsungen AG, Integra LifeSciences Corporation, Cohera Medical, Inc., Tissuemed Ltd., and Chemence Medical, Inc
Global Gelatin and Bone Glue Market: Key Growth Dynamics
The rising prevalence of bone related disorders is a key factor responsible for the growth of the bone glue market. Along with this, increasing number of arthroplasty procedures and growing demand for newer bone glues and tissue sealants is likely to fuel the gelatin and bone glue market over the forecast period. Further, rising demand for gelatin to prepare medicines is expected to offer a significant boost to the global gelatin market.
Apart from this, availability of robust supply chain for import and export of gelatin and bone glue is a prominent factor expected to propel the global gelatin and bone glue market. Moreover, increasing healthcare spending, rising per capita income and cost containment measures to reduce healthcare burden are some major factors expected to the drive the gelatin and bone glue market over the forecast period.
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However, infections related to the use of gelatin and bone glue is a major concern which may hamper the demand for gelatin and bone glue products and hence restrain the growth of the gelatin and bone glue market during the forecast period.
Nevertheless, manufacturers in gelatin and bone glue market are focusing to launch animal free gelatin and bone glue. This is expected to open new avenues for the growth of the market. As this will increase the consumer base by adding vegan people in the circle.
Global Gelatin and Bone Glue Market: Regional Outlook
Geographically Europe is expected to maintain its dominance in the global gelatin and bone glue market during 2018 - 2026. This is due to growing demand for gelatin and bone glue in the region. Along with this, presence of prominent manufacturers in the region is another factor that contributes to the expansion of the gelatin and bone glue market.