Gellan Gum is a high molecular weight extracellular polysaccharide with wide applications in food, pharmaceuticals and other industries as a gelling agent and stabilizer. It acts as a texturizer and thickening agent and helps improve the appearances of various food products.
Market key trends:
Increasing demand from the food industry has been a key growth driver for the Gellan Gum market. It is widely used as an additive in products such as dairy, confectionery, bakery, sauces and other convenience foods to improve texture and appearance. Gellan gum works as an ideal stabilizer and texturizer across numerous food applications at low concentration levels. Additionally, growing preference for clean-label and vegan products has further bolstered the adoption of Gellan gum as it is naturally derived and suitable for vegan food formulations. Expansion of the global processed and packaged food industry is expected to continue driving the demand for Gellan gum over the forecast period.
Segment Analysis
The global gellan gum market is dominated by the food and beverages sub-segment. Gellan gum finds wide application in the food industry as a gelling agent, stabilizer and thickener in various food products like dairy, confectionery, desserts, beverages etc. It acts as an effective substitute for gelatin in various vegan and vegetarian food products. The food and beverages sub-segment accounted for around 60% of the global gellan gum market share in 2023 owing to rising demand for clean label, vegan and gluten-free food products.
Key Takeaways
The Global Gellan Gum Market Size is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis shows that Asia Pacific region is expected to emerge as the fastest growing as well as the dominating regional market during the forecast period. The presence of major gellan gum producers along with rising health-conscious population as well as increasing demand for convenience and packaged food products aresome of the key factors driving the growth of gellan gum market in Asia Pacific region.
Key players related content:
Key players operating in the gellan gum market are DSM, CP Kelco, H & A Canada Inc., Nanjing Joyfulchem Co., Ltd., Dancheng Caixin Sugar Industry Co. Ltd., Zhengzhou Cinogel Biotech Co., Ltd., Hangzhou Gellan Solutions Biotec Co., Ltd. DSM is one of the leading gellan gum producers globally with wide product portfolio and global sales and distribution network. CP Kelco is another major player focusing on development of innovative gellan gum solutions for various industrial applications.
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