Prices of Gelatin are expected to see a significant increase globally in early Qx xxxx, influenced by multiple factors. Rising demand from the food, pharmaceutical, and cosmetics industries will be a key driver of this upward trend. As consumer interest continues to grow, suppliers may face challenges in meeting the surge in orders.
Key Takeaways:
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Growing demand from food, pharmaceutical, and cosmetics industries is a primary driver.
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China&#xx;s holiday production slowdown will tighten supply, causing price hikes.
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South Korea&#xx;s dependence on Chinese imports and Seollal will worsen supply shortages and price increases.
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Tight global supply and rising freight costs will elevate Gelatin prices in the US.
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Economic recovery and improved business confidence in Germany will boost Gelatin demand and prices.
China, the world’s leading producer of Gelatin, is expected to see a slowdown in production as factories...
