The Gelatin and Its Derivatives Market in Romania experienced significant fluctuations from 2013 to 2023. Initially, the market grew steadily, reaching a peak of 28.38 million Euros in 2018. However, it faced declines in 2019 and 2020. A recovery trend was noted, with a year-on-year increase of 5.29% in 2023, where the market stood at 28.16 million Euros. The five-year CAGR reflects a slight downturn of -0.16%.
Future trends to watch for include potential recovery driven by increased demand in food and pharmaceutical sectors, innovations in product applications, and potential market expansion with a focus on sustainability and diversified end-user applications.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 210,690,000 | 2023 | +2.97% | +8.41% | View data |
| 2 | 2 Spain | 130,040,000 | 2023 | +3.19% | +3.5% | View data |
| 3 | 3 United Kingdom | 90,376,000 | 2023 | -0.071% | +0.031% | View data |
| 4 | 4 Netherlands | 85,727,000 | 2023 | -1.02% | -1.16% | View data |
| 5 | 5 Poland | 68,610,000 | 2023 | +1.2% | +2.52% | View data |
| 6 | 6 Denmark | 55,653,000 | 2023 | +0.71% | +0.22% | View data |
| 7 | 7 Croatia | 49,789,000 | 2023 | +6.65% | +9.18% | View data |
| 8 | 8 Romania | 28,160,000 | 2023 | +5.29% | -0.16% | |
| 9 | 9 Sweden | 7,502,900 | 2023 | +0.58% | +2.49% | View data |
| 10 | 10 Bulgaria | 6,682,400 | 2023 | +5.16% | +3.61% | View data |