Addressing the demand for halal gelatin in pharmaceuticals


The global gelatin market was estimated at $2.7 billion in 2015, with gelatin for use in pharmaceuticals and nutraceuticals estimated at $1.3 billion in 2015. Muslims accounted for an estimated 17 percent of global food and beverage spend in 2014, but less than 3 percent of gelatin is made from halal or permissible ingredients, implying a clear demand for greater production of halal gelatin.  

However, for medicines, there are differences of opinion on how effective halal, and in particular, non-pork gelatin could be. What are the challenges and the opportunities to develop halal gelatin?

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tags:

Gelatin
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Paul Cochrane, Senior Associate, DinarStandard