Global Gellan Gum Market Growth Accelerated By Surging Demand From Food Industry
Global Gellan Gum Market Growth Accelerated By Surging Demand From Food Industry
The global gellan gum market is estimated to be valued at US$ 249.78 million in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Gellan gum is a type of polysaccharide produced by the microorganism Sphingomonas elodea. It is commonly used as a texturizer and stabilizer in the food industry due to its ability to form soft, elastic gels without altering the flavors. Gellan gum helps to stabilize emulsions and suspensions, control crystallization, and lubricate textures. It is commonly used in dairy products such as yogurt, processed meats, mayonnaise, and sauces.

Market key trends:

The surging demand from the food industry has been a key trend contributing to the accelerated growth of the gellan gum market. Gellan gum helps to provide texture and stability to various food products without impacting flavor. It is widely preferred by food manufacturers as a substitute for gelatin due to its vegan and halal-certified nature. Furthermore, gellan gum can produce gels over a wide temperature range which is suitable in both chilled as well as heated food products. The functional properties and versatility offered by gellan gum account for its increasing application in soups, dressings, baby food, and more - which has significantly driven the market growth over the recent past.

Segment Analysis

The global gellan gum market is dominated by high acyl gellan gum segment. High acyl gellan gum has high gel strength and its gels have excellent stability over a wide pH range and ionic strength. This makes it suitable for use in applications that require heat resistance and preservation of gel structure under acidic conditions like food and beverages.

Key Takeaways

The Global Gellan Gum Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global gellan gum market is estimated to be valued at US$ 249.78 million in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030.

Regional analysis: Asia Pacific region is currently dominating the global gellan gum market. Countries like China, India and Japan have witnessed increased demand for gellan gum from food and personal care industries. Rapidly growing food processing sector in these countries will continue to drive the demand in the coming years.

Key players: Key players operating in the gellan gum market are China National Bluestar (Group) Co. Ltd, DuPont, Hebei Xinhe Biochemical Co. Ltd and Nanjing Joyfulchem Co., Ltd. China National Bluestar is currently the global market leader due to its strong production capabilities and distribution network across Asia. DuPont is another major player focusing on developing high performance gellan gum products for increasing applications.

The global gellan gum market is highly concentrated with top three players accounting for over 70% of the market share. Industry players are investing in R&D to develop new grades of gellan gum tailored for different application segments like pharmaceuticals. Partnerships with end user industries is another strategy being adopted by gellan gum manufacturers to boost future demand.

Explore more information on this topic, Please visit - 

https://www.insightprobing.com/gellan-gum-market-size-and-trends-analysis/ 

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https://www.ukwebwire.com/gellan-gum-market-growth-share-analysis/ 

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https://www.pressreleasebulletin.com/bioelectronics-market-analysis-demand-market-share/ 

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