Gelatin Prices

Gelatin Price Trend, Index and Forecast

Track the latest insights on gelatin price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Gelatin Prices Outlook Q1 2025

• USA: US$ 7522/MT
• China: US$ 6625/MT
• France: US$ 8985/MT
• Australia: US$ 5570/MT
• Brazil: US$ 4960/MT

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During the first quarter of 2025, the gelatin prices in the USA reached 7522 USD/MT in March. As per the gelatin price chart, prices fell sharply due to economic strain and harsh winter conditions that disrupted logistics and reduced demand. Moreover, with inflation and uncertainty regarding the labor market, consumers became more cautious. Hence, in reaction to the slow movement of excess inventory, sellers reduced prices.

During the first quarter of 2025, the gelatin prices in China reached 6625 USD/MT in March. When U.S. tariffs increased, exporters redirected goods to neighboring markets, particularly South Korea. This diversion contributed to regional oversupply and price drops. Domestically, inflation and demand volatility created mixed sentiment, but excess output and global trade uncertainty led many producers to compete on price to maintain volume amidst shrinking foreign demand.

During the first quarter of 2025, the gelatin prices in France reached 8985 USD/MT in March. The industry faced pricing difficulties due to ongoing inflation and political uncertainty related to upcoming elections, which affected consumer behavior. As the Euro strengthened, export competitiveness diminished, affecting global orders. As purchasing in the food and cosmetics sectors decelerated, inventory levels stayed high.

During the first quarter of 2025, the gelatin prices in Australia reached 5570 USD/MT in March. Due to inflation, household expenditure became more constrained, and the accumulation of post-holiday inventory limited new orders. As freight rates decreased, imports surged, further augmenting the supply. Due to political instability in the region and redirected Chinese exports, a cautious sentiment developed that intensified the decline in prices.

During the first quarter of 2025, the gelatin prices in Brazil reached 4960 USD/MT in March. The market experienced consistent price reductions due to sluggish demand and a surplus of stock. Although consumer activity was dampened by economic tightening and increasing interest rates, manufacturing output improved, aiding in the creation of a surplus. To encourage sales, sellers reduced prices on multiple occasions due to the reluctance of industrial purchasers.

Gelatin Prices Q4 2024

• USA: US$ 7247/MT
• China: US$ 6340/MT
• France: US$ 8853/MT

During the last quarter of 2024, the gelatin prices in the United States reached 7247 USD/MT in December. The prices steadily decreased in Q4 2024 due to political and economic unpredictability. Early consumer confidence was weakened by worries about inflation and election-related uncertainty, which caused businesses to cut prices. While the resolved supply chain problems decreased shipping costs in November, sluggish demand from healthcare, food and beverage, and pharmaceutical industries further pushed costs upward.

In the last quarter of 2024, gelatin prices in China remained at 6340 USD/MT in December. A combination of international and domestic causes caused China's gelatin prices to decline in Q4 2024 steadily. In addition, competitive price cuts were prompted by a market that was oversupplied and had decreased consumer demand. While reduced crude oil prices enabled manufacturers in the country to pass savings forward, ongoing geopolitical concerns and muted external demand further undermined prices in November. By December 2024, a broad-based reduction in prices was solidified by disinflation and a seasonal slump in orders.

During the last quarter of 2024, gelatin pricing in France saw fluctuations. The quarter ended with Gelatin priced at 8853 USD/MT in December. Due to economic challenges and weakened demand, French gelatin prices steadily decreased. Early in the quarter, suppliers in the country aggressively lowered their prices due to uncertainty in the market and worries about inflation. Rates were further impacted by transportation and logistical conditions as well as weak demand from important industries. By the end of the year, price reductions continued due to careful consumer behavior and planned inventory adjustments, which reflected a difficult economic environment during that time.

Gelatin Prices Q2 2024

• USA: US$ 7560/MT
• South Korea: US$ 7300/MT
• Germany: US$ 8700/MT

The gelatin prices reached 7560 USD/MT in June in the United States for Q2 2024. Notable price changes were witnessed in the country, indicating ample supply and falling demand. Mid-year preparations observed a seasonal spike in demand, showcasing a cautious economic outlook. The market faced a drop in product prices in contrast with the previous quarter.

The price trend for gelatin for Q2 2024 was 7300 USD/MT in June in South Korea. The country witnessed even consumer confidence in the manufacturing industry, which further contributed to cautious spending patterns of individuals. The market saw a bearish trend, prompting suppliers to lower prices for managing excess inventory levels.

Germany’s gelatin prices reached 8700 USD/MT for Q2 2024 in June. There was an economic downturn on account of lower user sentiment and industrial orders. Seasonal fluctuations in demand and cautious consumer behavior further exaggerated these trends. Prices remained constant as compared to the preceding quarter, but a significant decline between the first and second halves of the quarter was also demonstrated.

Gelatin Prices Q1 2024

• USA: US$ 7780/MT
• South Korea: US$ 7530/MT
• Germany: US$ 8850/MT

The gelatin prices reached 7780 USD/MT in March in the United States for Q1 2024. The country witnessed significant volatility owing to numerous factors. The market saw a drop in product prices on account of cautious consumer sentiment accompanied by sluggish retail sales and increasing inflation. This further caused lowered consumer spending.

The price trend for gelatin in South Korea for Q1 2024 settled at 7530 USD/MT in March. The market exhibited increased demand that outperformed available supply. Moreover, market participants capitalized on the situation by trading already available stocks at inflated rates to increase profitability. Furthermore, the country reflected a favorable market trend as well as robust demand.

Germany’s gelatin prices for Q1 2024 accounted for 8850 USD/MT in March. The country noted disturbances in trade paths between Europe and Asia, causing higher cargo rates that affected product prices. Besides this, prices began to decline in March because of insufficient demand from the domestic market and a considerably high backlog of orders.

Gelatin Prices Q4 2023

• USA: US$ 7530/MT
• South Korea: US$ 7220/MT
• Germany: US$ 8540/MT

The gelatin prices in the United States for Q4 2023 reached 7530 USD/MT in December. The market initially saw prices rise due to strong demand and logistical challenges. However, as the year ended, the market corrected with a decrease in prices, driven by a global dip in demand and efforts to reduce inventory levels.

The price trend for gelatin in South Korea for Q4 2023 settled at 7220 USD/MT in December. The market experienced initial price gains driven by energy cost hikes and import reductions. Nonetheless, subsequent months saw a reversal with prices falling amid economic slowdowns and changes in consumer preferences.

In Germany, the gelatin prices for Q4 2023 reached 8540 USD/MT in December. The market registered a notable price decline influenced by rising inflation and a sluggish manufacturing sector, which pressured the overall demand and pricing structure within the country.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the gelatin price trend.

Global Gelatin Price Trend

The report offers a holistic view of the global gelatin pricing trends in the form of gelatin price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of gelatin, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed gelatin demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Gelatin Price Trend

Q1 2025:

As per the gelatin price index, there were ongoing price declines. Demand across essential sectors such as food, personal care, and medicine was restricted due to economic instability and a weak consumer outlook. Although output levels decreased, inventory buildup took place due to reduced order activity and pre-election unease. The rising value of the Euro made exports less attractive, particularly in light of mounting global inflation worries. The interplay of weak demand, surplus inventory, and adverse currency exchange rates generated a persistent downward momentum.

Q4 2024:

In Q4 2024, Germany's gelatin prices steadily declined as a result of regional market adjustments, sluggish consumption, and economic pressures. In October, declining shipping costs on Asia-Europe trade routes heightened pricing competitiveness, while inflation worries, and frugal spending reduced demand. The food, pharmaceutical, and healthcare industries in Europe continued to show weak demand in November, and lower energy costs further eased price pressure. In addition to logistical challenges brought on by the harsh winter weather, December saw a slowdown in purchasing, especially in the F&B and personal care sectors. Throughout the quarter, the negative price movement was maintained by a combination of sluggish market activity, careful inventory management, and economic uncertainty.

Q2 2024:

In Q2 2024, gelatin prices in Europe experienced a significant drop due to a combination of complex factors. Subdued consumer demand, along with a sluggish economic recovery, impacted the dynamics of the market. In addition, logistical bottlenecks and extended lead times, reflected increased operational costs. Consumer expenditure was curtailed owing to the European Central Bank’s aim to maintain high interest rates. As a result, this step provoked organizations to implement conservative pricing strategies. Furthermore, Germany exhibited price changes, which demonstrated an economic downturn.

Q1 2024:

Gelatin pricing in Europe was driven by multiple key factors in the first quarter of 2024. Primarily, prices increased, which can be attributed to geopolitical tensions and restricted inventories. On the other hand, complex trade routes between Europe and Asia, caused a surge in freight prices. In addition, the decision of the central bank to retain the existing interest rate further contributed to the difficulty of the market, thereby straining purchasing power of individuals. As a result, the pricing dynamics of gelatin in the region demonstrated the interplay of these issues, underscoring the problems in the market.

Q4 2023:

Throughout Europe, the gelatin market experienced a downward trend in demand impacted by high interest rates and a general decline in consumer spending. This reduction was further exacerbated by the presence of substitute gelling agents like agar and pectin. Despite a sufficient supply within the region, the appreciation of the Euro curtailed export activities by making European gelatin more costly on the international market. This scenario was particularly evident in Germany, where the combination of high inflation and reduced industrial activity led to lower prices and demand as the quarter concluded.

This analysis can be extended to include detailed gelatin price information for a comprehensive list of countries.

North America Gelatin Price Trend

Q1 2025:

A convergence of market stressors led to a noticeable decline in gelatin prices in the United States. Logistics were hindered by severe winter weather, causing a slowdown in purchasing and delivery operations. The early stocking up of goods in anticipation of tariff adjustments on Chinese products played a role in creating an oversupply. Although there was some output from key suppliers, the food and pharmaceutical sectors saw a fall in demand due to worries about labor issues and a lack of consumer enthusiasm.

Q4 2024:

In Q4 2024, Germany's gelatin prices steadily declined as a result of regional market adjustments, sluggish consumption, and economic pressures. In October, declining shipping costs on Asia-Europe trade routes heightened pricing competitiveness, while inflation worries, and frugal spending reduced demand. The food, pharmaceutical, and healthcare industries in Europe continued to show weak demand in November, and lower energy costs further eased price pressure. In addition to logistical challenges brought on by the harsh winter weather, December saw a slowdown in purchasing, especially in the F&B and personal care sectors. Throughout the quarter, the negative price movement was maintained by a combination of sluggish market activity, careful inventory management, and economic uncertainty.

Q2 2024:

In Q2 2024, North America’s gelatin market experienced a considerable decline due to several interrelated factors. Business activity slowed markedly, with new orders decreasing and backlogs shrinking. This environment was characterized by weaker-than-expected demand and constant inflationary pressures, which contributed to falling product prices and negatively impacted the spending of individuals. Furthermore, importer’s strategies to frontload imports caused an oversupply in the market. This was further exacerbated by logistical challenges like geopolitical tensions. In the United States, substantial price changes were exhibited, indicating falling demand and access supply.

Q1 2024:

In Q1 2024, gelatin pricing trends in the North American region saw significant volatility, driven by several key factors. Declined prices was observed at the beginning of the quarter because of cautious consumer sentiment accompanied by slow retail sales, along with high inflation. This further caused lowered consumer spending. On the other hand, February and March demonstrated a significant uptick on account of improved business sentiments. Besides this, compounding these trends were supply chain challenges including interruptions at critical shipping chokepoints, which caused delayed product deliveries.

Q4 2023:

In North America, the gelatin market faced varied dynamics throughout the latter part of the year. Initially, the increased orders from the pharmaceutical and food sectors pushed prices upward. As the quarter progressed, high inflation and rising interest rates impacted the buying power of consumers, leading to a softened market. By the end of the period, an adjustment in pricing strategies was necessary as manufacturers aimed to navigate the challenges posed by an oversupply and a dampened demand landscape, prompting them to lower prices to manage excess inventory.

Specific gelatin historical data within the United States and Canada can also be provided

Middle East and Africa Gelatin Price Trend

Q1 2025:

The report explores the gelatin trends and gelatin price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on gelatin prices for countries can also be provided.

Asia Pacific Gelatin Price Trend

Q1 2025:

The market experienced significant price pressure due to a combination of weak end-user demand and excess inventory. The accumulation of stock before the holiday resulted in a reduction of new orders, which exacerbated the oversupply problem. Inflation and a fall in consumer spending increased pressure on the demand environment, which was already fragile. Besides, as a result of U.S. tariffs, China began rerouting surplus exports to South Korea, leading to a further decline in domestic prices as suppliers vied to stay competitive in an oversaturated market.

Q4 2024:

In Q4 2024, prices declined due to domestic excess. Increased competition occurred in October as producers in Asia-Pacific lowered their prices to hold onto market share in the face of weak consumer spending. Prices were further reduced in November by surplus inventory and reduced demand from export markets such as the U.S. and Europe. Declining crude oil prices also contributed to operational cost reductions. By December, suppliers had excess inventory due to decreased seasonal requirements and less overseas trade, which led to additional price cuts. Due to conservative purchasing practices and economic uncertainties, gelatin prices in Asia-Pacific continued to decline as the quarter came to an end.

Q2 2024:

Asia Pacific’s gelatin market saw a significant drop in prices due to a range of economic challenges in Q2 2024. Increased interest rates, subdued consumer confidence, and persistent inflation dampened demand considerably. Deflationary pressures lowered operational costs, allowing suppliers to pass these savings on to users. In line with this, oversupply became a pressing issue, with market participants attempting to clear inventories at decreased price points amid deficient new orders from domestic as well as international markets. Geopolitical tensions, especially those related to conflicts in the Middle East, added uncertainty to the market, causing buyers to delay or reduce their orders. 

Q1 2024:

Asia Pacific’s gelatin prices observed notable fluctuations in Q1 2024, driven by numerous factors. Demand from industries like food and pharmaceuticals significantly impacted market dynamics. Throughout the quarter, gelatin prices surged on account of improved business sentiment, marked by a significant hike in new orders and inquiries. In line with this, inflationary pressures, especially related to energy costs, added operational burdens to businesses, further driving up prices. Furthermore, the South Korean market experienced an increase in demand that outpaced the available supply.

Q4 2023:

The Asia Pacific gelatin market witnessed a series of fluctuations during the closing quarter of the year, initially marked by a spike in prices due to a decrease in imports and robust local demand. However, economic deceleration and climbing interest rates soon influenced buyer sentiment, curbing demand particularly in the food and beverage sector. In South Korea, the market saw early price increases due to heightened energy costs and limited imports. Yet, as consumer demand shifted and economic challenges persisted, prices adjusted downward, reflecting a complex interplay of market forces.

This gelatin price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Gelatin Price Trend

Q1 2025:

As per the gelatin price index, prices experienced a steady decline due to subdued industrial demand and an overflow of inventory affecting the market. Consumer activity was stifled by economic uncertainty and increasing borrowing rates. Even with weak purchasing interest, the recovery of Brazil's manufacturing sector in February resulted in a heightened supply, exacerbating downward pressure. Throughout the quarter, a cautious mood prevailed as suppliers adjusted their pricing strategies to stay in business amid a surplus of unsold inventory.

Q4 2024:

Latin America's gelatin market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in gelatin prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing gelatin pricing trends in this region.

Q4 2023:

The analysis of gelatin prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Gelatin Price Trend, Market Analysis, and News

IMARC's latest publication, “Gelatin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the gelatin market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of gelatin at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed gelatin price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting gelatin pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Gelatin Industry Analysis

The global gelatin market size reached 470,911.74 Tons in 2024. By 2033, IMARC Group expects the market to reach 533,680.23 Tons, at a projected CAGR of 1.33% during 2033.

• The food and beverage sector worldwide is growing exponentially. In emerging economies like India, it will reach a value of US$ 470 Billion by FY2025, rising from USD 263 Billion in FY2021. The F&B industry is witnessing elevating product demand as a gelling, stabilizing, and thickening agent in confectionery, desserts, meat, and dairy, thereby bolstering its market share.
• The pharmaceutical sector relies heavily on gelatin for coating and encapsulation of medicines. It also has an excellent absorption capacity, which makes it highly suitable for hemostatic sponges, ostomy patches, and wound healing products. The growth of the pharmaceutical sector due to increased healthcare spending and improved infrastructure is growing product usage.
• Additionally, the rising health consciousness among individuals has encouraged the adoption of ingredients such as gelatin derived from natural sources. In addition, the emerging wellness trends are also acting as significant growth-inducing factors. For example, according to the Global Wellness Institute, in 2022, the global wellness market was valued at US$5.6 Trillion.
• The cosmetic industry is embracing gelatin owing to its moisture-retaining properties. It stimulates collagen production and promotes firmness and elasticity in the skin. As a result, gelatin is incorporated into body lotions, face creams, shampoos, sunscreens, and hair sprays. Consequently, the growth of the cosmetic industry is creating a positive impact on the market. The market for cosmetics is growing at a rate of 4.8% annually and will reach US $ 618.7 billion by 2032.
• The nutraceutical sector is seeking gelatin because of its ability to improve bone density, strengthen joints, and enhance skin elasticity. As the market for nutraceuticals is projected to grow by 6.7% annually, reaching USD 856.3 Billion by 2032, the demand for ingredients like gelatin is expected to surge significantly.

Gelatin News

The report covers the latest developments, updates, and trends impacting the global gelatin industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in gelatin production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the gelatin price trend.

Latest developments in the gelatin industry:

• April 2023: Darling Ingredients, the parent company of health brand Rousselot, completed the acquisition of Gelnex, a Brazilian gelatin and collagen producer. Under this agreement, the company has spent approximately US$1.2 Billion in Gelnex’s five facilities in South America and one in the United States, with the capacity to produce 46000 metric tons of gelatin and collagen products yearly.
• March 2023: Gelita launched a product variant, which allowed the starch-free production of gelatin with a sensory profile that was previously only attainable with a starch-based manufacturing process.

Product Description

Gelatin is a flavorless, colorless, and translucent biopolymer that is prepared by the thermal denaturalization of collagen. Its key functions include adhesion, film formation, thickening, gelling, foaming, water binding, fining, and emulsification. In addition, gelatin is a naturally occurring protein that is compatible with human tissues, has a low allergenicity, and is thermo-reversible.

It comes from animals like cows and pigs' skin, bones, tendons, and ligaments. A number of processes are involved in the production of gelatin, including raw material pretreatment, extraction, purification, thickening, and drying.

It is a crucial component of gummy candy, ice cream, baked products, smoothies, broths, sauces, and soups. Additionally, the production of paper, capsules, cosmetics, ointments, and photographic films all contain gelatin. It is an inexpensive, multipurpose component that gives goods texture, solidity, and chewiness. Furthermore, gelatin helps with the treatment of diarrhea, brittle nails, osteoporosis, and aging skin

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of gelatin pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting gelatin price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The gelatin price charts ensure our clients remain at the forefront of the industry.