The forecast for sold production of gelatin and its derivatives, including isinglass in Italy, shows an upward trend from 2024 to 2028. Starting at 150.28 million Euros in 2024, it is expected to reach 173.63 million Euros by 2028. This results in a compound annual growth rate (CAGR) of approximately 3% over these five years, demonstrating steady growth in the industry.
Year-on-year, the production value is predicted to increase by around 3.95% from 2024 to 2025, and an average increase of approximately 3.6% from 2025 onwards each year till 2028, indicating consistent market expansion.
In 2023, the market was just below the 2024 prediction, marking the onset of anticipated growth. Key future trends to watch include increasing demand for natural ingredients in food and pharmaceuticals, as well as technological advancements in production, which may drive efficiency and further value increase in this market.
