Gelatine Price Trend and Forecast

Gelatine Regional Price Overview

Get the latest insights on price movement and trend analysis of Gelatine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Gelatine Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Gelatine Chemicals USA USD 7800/MT March 2024
Gelatine Chemicals Europe USD 8900/MT March 2024

Stay updated with the latest Gelatine prices, historical data, and tailored regional analysis


In the first quarter of 2024, global gelatine prices surged, continuing an upward trend seen in previous months, driven by heightened demand across food, pharmaceuticals, and cosmetics sectors, coupled with declining inventories. China's manufacturing sector rebounded significantly, with increased industrial activities post-Lunar New Year celebrations, fueling demand domestically and internationally.

Gelatine Price Chart

Gelatine Price Trends

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The manufacturers also raised their production capacities in anticipation of heightened demand during April's Qingming Festival and Cold Food Festival in China. In India, a substantial upturn in the manufacturing sector led to robust expansion in gelatine prices, fueled by suitable demand conditions. The gelatine prices thus rose in response to heightened demand, production efforts, and anticipatory stockpiling, influenced by improved economic indicators and the traditional festival season in China.


The gelatine prices in the European market inclined in the first quarter of 2024, diverging from the trend observed in 2023. This shift was primarily attributed to heightened demand from downstream industries, particularly the food sector, following the conclusion of the holiday season in December. The surge in demand also strained the functioning of the supply chains, leading to an increase in the gelatine price quotations. Further, escalating tensions in the Red Sea, coupled with potential disruptions in the global supply chain, added to the challenges of the trading community.

These tensions eventually resulted in a surge in oil prices, impacting major shipping lanes and causing energy supply disruptions in Europe, which indirectly contributed to rising gelatine prices. The economic indicators also concluded an improved outlook for European inflation, further leading the European Central Bank to maintain moderate interest rates, thereby stabilizing the borrowing costs for businesses and supporting an upward trajectory in gelatine prices and its production in Q1 of 2024.

North America

During the first quarter of 2024, the United States witnessed a rebound in consumer confidence, leading to increased retail sales and impacting the gelatine market positively. Despite higher interest rates, consumer spending surged, boosting the demand for gelatine in the food and cosmetic sectors and subsequently driving prices upwards. Additionally, the appreciation in the economy of the region and the limited influx of Asian imports tightened the supply of gelatine in the US market and contributed to price increases.

The continuous string of challenges presented by the below-par water level in Panama Canal and ongoing trade disruption due to ongoing Houthi attacks on shipments through the Red Sea amid the ongoing Israel-Hamas crisis caused excessive pressure on the market of gelatine, further providing room for the traders to increase their price quotations of gelatine.

Analyst Insight

According to Procurement Resource, the price trend of Gelatine is expected to drive further in the forthcoming quarters as the optimistic trend in the downstream industries and the rising cost of transportation amid trading issues will support an uptick in the gelatine market momentum.

Gelatine Price Trend for the October - December of 2023


In the past quarter, the gelatine price trend inclined only by a low margin. It was estimated that the gelatine prices in the end quarter would incline in the Asian countries, but the prices only showed minimal fluctuations. The loss of international trade over the Red Sea export route disruptions and the lowered appetite of consumers were the major causes of the stunted growth of gelatine prices.

Additionally, the downstream cosmetic and food sectors also failed to showcase any significant improvement in their market trend despite the onset of the holiday season and thus resulted in stagnancy in the gelatine price graph.


In European countries, the gelatine prices worked on minimal support from the downstream industries. Similar to the Asian countries, consumer confidence here too was subdued as the economic challenges and persistent inflationary pressure translated in the form of a low spending budget for the consumers. The downturn of the European industrial sector was also based on the aforementioned causes. The government tried to uplift the economy by raising the rate of interest charged, but this move seemed to have backfired as it eventually slowed down the industrial growth and, in turn, the market dynamics of gelatine.

North America

The third quarter of 2023 showed a certain inclination in the gelatine prices, but the fourth quarter could not carry forward such momentum of the market. In the US, the downstream demand from the cosmetics, food, and beverages industries suffered from the decline of the US currency and extreme measures adopted by the government to curb the falling economic indicators.

In the last quarter, the market rose on account of the inclination of fuel costs, but as the end months of the last quarter approached, the prices of crude oil and other fuel resources themselves moved southwards and thus led to the downward movement of gelatine price trend too.

Analyst Insight

According to Procurement Resource, the price trend of Gelatine are expected to struggle as the weak demand of food and beverage industries is likely to impact the concerned market in the upcoming quarters.

Gelatine Price Trend for the July - September of 2023


Gelatin exhibited mixed price trend during the third quarter of the year 2023. The quarter began on a lower note; however, by the end of the quarter, the prices started fluctuating in the opposite direction. There were several factors responsible for gelatin’s poor market performance in the early phase.

The inventories already had glutted gelatin supplies, which kept forcing the suppliers to incentivize purchases by increasing the discount amounts. Although steadily, the product movement maintained its momentum through this difficult period. Then, by the last month of the quarter, the supply and demand gap had already receded substantially. And finally, some positive movement was observed in the gelatin price graph. Thereby, the gelatin price trend were observed to fluctuate throughout the given time with mixed market sentiments.


The European gelatin market trend were almost in alliance with the Asian market trend as the prices kept sliding down throughout three months of Q3’23. The low consumption by the food and beverage industries contributed to the price fall. The rising wave of vegetarianism and veganism was responsible for a reduction in gelatin-like animal-sourced products by the end consumers. Overall, a very dull market performance was observed by gelatin during the concerned time frame.

North America

The North American gelatin market mirrored the Asian price trend since the prices inclined at the end of the quarter after consistently falling in the beginning. Steady demands and supply pace guided these market sentiments.

Analyst Insight

According to Procurement Resource, a positive fluctuating performance is anticipated by Gelatin going forward.

Gelatine Price Trend for the First Half of 2023


In the Asia Pacific region, the price trend of gelatine is inclined with increasing demand and restricted supply of the product. The rise in market momentum was the positive result of favorable market conditions, high purchasing potential of buyers, and failing supply chains that caused scarcity of gelatine in the region.

The trend was also stable in the second quarter as this quarter had the additional benefit of a rise in the number of orders from both domestic and international markets. Due to the ongoing Russian-Ukraine crisis, the supply chains got disrupted while the number of inquiries exceeded. However, towards the end of the second quarter, the prices of gelatine declined as downstream industries performed poorly.


Consistency in the number of new orders initially supported the market activities of gelatine. But as the first quarter progressed, the buying potential of consumers started to decline, and even the end-user industries performed poorly. In the second quarter, rates of imports from Asian countries became cheap due to a decrease in shipping costs that impacted the gelatine price trend negatively. But the trend gained its momentum from the month of May with a depletion in the level of inventories and a surge in the number of domestic orders.

North America

In North America, the gelatine market started with a strong approach with support from domestic consumers. The market sentiment overall fluctuated throughout the first and second quarters.

The rising demand pressurized the level of inventories, and with a slow supply of the product in the region, the price trend of gelatine surged in the first quarter and during the initial phase of the second. However, towards the end of the second quarter, the uncertainties in the economic conditions and rising rates of global inflation proved to be a challenge for the gelatine market, and due to that, the price of gelatine declined.

Analyst Insight

According to Procurement Resource, the price trend of Gelatine is estimated to showcase a mixed trend as the demand and overall market dynamics are fluctuating.

Gelatine Price Trend for the Second Half of 2022

The gelatine price trend continued the upward trajectory with the same momentum as seen in H1. Heat in the summer season hampered the gelatine’s quality and made storage very difficult. So, gelatine availability decreased after the summer season. Curtailed supply chains and difficult freight situations further added to the problems. Hence, the gelatine prices kept high in Q3 given the high upstream cost pressure and rising downstream demand.

Conditions remained arbitrary for most of the second half of the year 2022. Chinese exports were also off the market because of the Covid-19 reemergence in China. After this continuous upheaval in gelatine prices throughout the year, prices finally started subsiding around the year-end in December. Fixed supply chains and the lifting of the lockdown in China were the major reasons for the rebound. Decreased end-consumer demand also contributed to lowering the prices.

Analyst Insight

According to Procurement Resource, the gelatine prices are expected to exhibit mixed pricing patterns in the coming months. The supply-chain situation seems to have improved, but consumer demand will remain the fundamental determining factor for the prices.

Gelatine Price Trend For the First Half of 2022

The gelatine prices registered an upward trend globally throughout the first half of the said year. The supply shortages amid the higher prices of raw materials and trade bottlenecks impacted gelatine prices worldwide. The adverse weather conditions like heatwaves throughout the European region further constricted the gelatine supply.

The high temperatures affect the jelly’s strength causing potential quality issues. With the uncertainty in supply, lack of skilled labour, and high transportation costs, the price trend of Gelatine tipped towards the higher side.

Procurement Resource provides latest prices of Gelatine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Gelatine

Gelatine is a colorless, brittle solid substance extracted from the collagen inside an animal's skin and bones. It is a collection of peptides produced by partial hydrolysis of collagen. During hydrolysis, the peptide bonds are broken, forming Gelatine. It consists of 98-99% protein but is not treated as a source of protein because it is missing essential amino acids like tryptophan, methionine, etc. It is commonly used as a gelling and foaming agent in the pharmaceutical, cosmetic, and food industries.

Gelatine Product Details

Report Features Details
Product Name Gelatine
HS CODE 350300
CAS Number 9000-70-8
Industrial Uses Cosmetics, Pharmaceuticals, Culinary, Biotechnology, Photographic Films
Chemical Formula C102H151N31O39
Synonyms Gelatin
Molecular Weight 50000 - 60000 g/mol
Supplier Database Nitta Gelatin (Japan), Darling Ingredients (US), Gelita (Germany), Weishardt (France), Tessenderlo Group (Belgium), Trobas Gelatine (Netherlands), India Gelatine & Chemicals (India)
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Gelatine Production Processes

  • Production of Gelatine from Hydrolysis and Extraction Process

Gelatine is derived from the by-products of the meat and leather industries. Raw materials like pork skins, pork and cattle bones, and hides are prepared for extracting Gelatine by curing, acid, and alkali. After the pretreatment process, where all the impurities are removed, collagen hydrolysis occurs.

Gelatine is extracted from the mixture using hot water or dilute acid solution. Then various techniques like evaporation, drying, and filtration are employed to obtain the dried product. This dried Gelatine is blended and grounded in the final product.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).

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