Gmi Research

  Pharmaceutical Gelatin Market The Pharmaceutical Gelatin Market is expected to grow at a robust CAGRE during the forecast period (2020-2027). The factors driving the growth of Pharmaceutical Gelatin Market includes growing demand for gummy supplements and beverages, increasing cases of chronic illness and rising geriatric population around the world. As per the report published by World Health Organization (WHO), the population aged 60 years and above is expected to rise from 1 billion in 2020 to reach 2.1 billion by the end of 2050 and the portion of population aged 80 years and above will triple during 2020 and 2050 to reach around 426 million. The rapid expansion in the Pharmaceutical and Nutraceutical industries and increasing consciousness amongst consumers about consuming nutrition rich food, are some of the additional factors supplementing the market growth. In addition, the increasing use of pharmaceutical gelatins for drug manufacturing and rising investments on research...