2022 Pharmaceutical Gelatin Industry Outlook and Current Status Analysis

What are the market prospects and current status of the domestic pharmaceutical gelatin industry? Gelatin quality is mainly assessed in three aspects: physical properties, chemical properties and microbial limits. China's current standard for pharmaceutical gelatin is the QB2354-2005 light industry standard for pharmaceutical gelatin. Like edible gelatin, photographic gelatin and industrial gelatin, pharmaceutical gelatin is a category of gelatin product classified according to its use and quality requirements.

Pharmaceutical Gelatin Analysis — 2022 Pharmaceutical Gelatin Industry Outlook and Current Status Analysis

According to statistics, the current market price of legitimate pharmaceutical gelatin is around 50,000 yuan per ton, while blue-vitriol hide glue costs only 15,000–20,000 yuan per ton. As demand for pharmaceutical gelatin has surged, several well-known international companies have taken an interest in China's vast market. France's Rousselot, Germany's Gelita and Japan's Nitta have entered one after another, bringing high-quality gelatin products. While this gives pharmaceutical and empty-capsule companies more choices, it has also intensified the fierce competition in the gelatin market.

It is forecast that by 2024 the gelatin industry market will reach 519 million yuan in North China, 312 million yuan in Northeast China, 1.244 billion yuan in East China, 453 million yuan in South China, 503 million yuan in Central China, and 612 million yuan in Western China.

As labor and production costs continue to rise in developed countries, many European and American buyers now import gelatin raw materials from low-labor-cost countries such as China and India. Although China's exports currently account for only 13% of the international gelatin market, this share is expected to keep growing given the promising outlook for pharmaceutical gelatin.

Analysis of the Pharmaceutical Gelatin Industry Share

Pharmaceutical gelatin now accounts for nearly 30% of China's total gelatin output, whereas just over a decade ago it made up less than 10%. Today, the pharmaceutical gelatin China exports meets the quality standards of Western pharmacopoeias such as the USP, EP and the Japanese Pharmacopoeia, and export volumes have grown sharply.

Pharmaceutical Gelatin Market Share

The technical level of the pharmaceutical gelatin industry is gradually rising. A group of high-level companies with mature processes, large production scale and strong integrity will grow stronger through competition, producing an increasing variety of high-end products as product differentiation emerges. China's gelatin industry is developing rapidly and its market capacity is expanding quickly, with opportunities and challenges coexisting. Foreign-funded enterprises are expanding quickly within the country, squeezing the growth of domestic firms; at the same time, domestic gelatin companies tend to be small in scale, with uneven product quality and relatively backward industry technology. The gelatin market has grown to 1.426 billion yuan.

The two main uses of pharmaceutical gelatin are making the shells of soft and hard capsules and coating tablets. In recent years, Western pharmaceutical manufacturers have developed some new uses for gelatin, including as a dedicated matrix material for medicinal gels with specific purposes such as HIV prevention, and as a core binder and film coating for new types of tablets. However, sales growth of capsule-grade gelatin has slowed in recent years, as it has been affected by plant-based capsule shells, which have captured a considerable share of the pharmaceutical gelatin market.

The industry data analysis in pharmaceutical gelatin industry research reports is based on authoritative national statistics, combining macro and micro analysis with scientific statistical methods. While describing the overall picture of the industry, it provides a detailed analysis, focusing on the situation of pharmaceutical gelatin companies. Such reports mainly use charts and tables to clearly illustrate the industry's economic structure, scale composition, comparison of operating efficiency, and supply-and-demand conditions, making them an indispensable aid for pharmaceutical gelatin companies seeking to understand the market.

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