The Gelatin and Its Derivatives Market in Romania has shown fluctuations in volume over the past decade. By 2023, the market volume stood at 3.0507 million kilograms. The market witnessed growth from 2013 to 2018, with notable spikes in 2014 and 2016. However, a declining phase was observed between 2019 and 2021. Recovery trends began in 2022 and 2023, with year-on-year growth of 4.19% and 3.91%, respectively. The compound annual growth rate (CAGR) over the past five years reflects a downward trend, at -2.75%.
Future trends to watch for include the incorporation of gelatin in evolving sectors such as nutraceuticals and pharmaceuticals, growing consumer demand for clean-label products, and potential sustainability challenges due to the source material constraints. Monitoring industry innovations and regulation changes will be crucial in influencing market dynamics.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 12,779,000 | 2023 | -0.32% | -0.9% | View data |
| 2 | 2 Spain | 11,288,000 | 2023 | +0.81% | +0.24% | View data |
| 3 | 3 Denmark | 7,972,900 | 2023 | +0.62% | +0.32% | View data |
| 4 | 4 Romania | 3,050,700 | 2023 | +3.91% | -2.75% | |
| 5 | 5 Croatia | 2,768,500 | 2023 | +5.38% | +10.01% | View data |
| 6 | 6 Estonia | 57,360 | 2023 | -8.31% | -7.39% | View data |