Animal Glue Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Bone Glue, Fish Glue, Rabbit Skin Glue, and Hide Glue), By Application (Binding, Footwear, Painting, and Food), and Region

Animal Glue Market size is expected to be valued at US$ 3,653.2 million in 2022 and is poised to grow at a significant CAGR of 5.1% over 2023-2029. Animal glue is adhesive gelatinous material resulting from animal hide and bones. Animal glue has applications in the restoration and creation of organic art materials like paintings, and artifacts. The animal Glue market is primarily driven by wide-ranging applications in the binding, painting, and food industries. Additionally, this market growth is further propelling owing to increasing disposable income and people are moving above the basic necessities, as demand for aesthetics and art is ongoing in the view of customers, and rising consumer awareness about sustainability and health, as well as the increasing demand for environment-friendly and biodegradable plastics products.

Furthermore, with the rising popularity of natural and organic products from emerging economies countries will expect to boost the market growth in the upcoming years. The global impacts of the COVID-19 pandemic have significantly affected the animal glue market in past years. The epidemic of COVID-19 has brought effects on many aspects, like flight cancellations, restaurants closed, travel bans, quarantines, and all indoor/outdoor events being restricted across large regions. With these restrictions, adverse impact on the supply chain, stock market volatility, dropping business confidence, growing panic among the population, and hesitation about the future. With the reopening of industries, demand and supply chain will come on a better path which would expect to regain the market growth and move towards steady progress over the forecasted period.