July 13, 2024
Gellan Gum Market

Gellan Gum Market is Expected to be Flourished by Rising Application of Gellan Gum in Food Industry

Gellan gum is an anionic, water-soluble polysaccharide produced by fermentation of the microorganism Sphingomonas elodea. It is often used as a vegetarian vegetarian substitute for gelatin. Gellan gum is commonly used as a thickening and gelling agent in food products such as dairy products, desserts, salad dressings, sauces, soups, and other products. It is also used for its texturizing properties in various meat and dairy analog products. The ability of gellan gum to form thermo-reversible gels makes it suitable for use in food products with a longer shelf life.

The global gellan gum market is estimated to be valued at US$ 216.82 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Gellan Gum Market is Expected to be Flourished by Rising Application of Gellan Gum in Food Industry. Gellan gum is widely used as a thickening and gelling agent in food products due to its versatility and stabilizing properties. It helps improve texture, stabilize emulsions, increase viscosity, and control syneresis in foods. The high demand for processed and convenience food products is driving the use of gellan gum as a food additive. The clean label trend is also promoting the use of natural ingredients like gellan gum in foods. Moreover, the increasing vegan and vegetarian population is boosting the demand for vegetarian food products where gellan gum is used as a replacement for animal-based gelatin. Additionally, advantage of thermo-reversible gelling property of gellan gum allows manufacturers to develop shelf-stable food products, thus propelling market growth.

Segment Analysis
The global gellan gum market is segmented by type, application, and geography. Based on type, the market is fragmented into low acyl gellan gum, high acyl gellan gum and food grade acyl gellan gum. Among them, the high acyl gellan gum segment dominates with a market share of nearly 50%, as it has excellent heat-resistant and stabilization properties which makes it suitable for use in various products. Based on application, the market is classified into food & beverages, personal care and industrial & others. The food & beverages segment is the largest end-use segment due to extensive use of gellan gum as a thickening and stabilizing agent in food products like dairy products, soups and sauces.

PEST Analysis
Political: The gellan gum market is positively impacted by favorable government policies and regulations supporting the food additives industry.

Economic: The growing food processing industry and rising disposable incomes are driving the economic growth of the gellan gum market.

Social: Changing lifestyle and busy schedules are increasing the demand for convenience and packaged foods containing gellan gum as a stabilizer.

Technological: Advances in manufacturing processes are helping market players launch new grades of gellan gum suitable for diverse industrial applications.

Key Takeaways
The Global Gellan Gum Market Size is expected to witness high growth at a CAGR of 12% during the forecast period of 2023 to 2030.

Regional analysis indicates that Asia Pacific dominates with a market share of over 35% led by China, India and other emerging economies in the region. The growth can be attributed to rising food consumption, expanding food processing industry and presence of key players in the region.

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., DuPont, Hebei Xinhe Biochemical Co. Ltd, and Nutricorn Co., Limited. Key players are focused on strengthening their geographic presence by expanding manufacturing facilities globally and launch new grades to capitalize on the growth opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it