Gellan Gum Market

The global gellan gum market is estimated to be valued at USD 277 Mn in 2024, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031. The global gellan gum market has been gaining significant traction over the recent years attributed to the wide range of applications across various end-use industries including food & beverages, personal care, industrial, and pharmaceuticals. It contains repeating units of glucose, glucuronic acid, and rhamnose. Gellan gum has unique gel-forming, solidification, and stabilizing properties, making it suitable for use in various hydrocolloid applications. The thriving food processing, personal care & cosmetic sectors are expected to boost the demand for gellan gum in the coming years.

 Market Dynamics:

The global gellan gum market is projected to witness robust growth over the forecast period, driven by various factors such as the increasing demand from the food & beverage industry for gelling, thickening, stabilizing, and other functional properties. Gellan gum acts as an ideal substitute for gelatin in vegan food products. Aside from this, the growing demand for natural and clean-label ingredients is also fueling the market revenue. However, high raw material prices owing to supply chain disruptions are expected to hamper the market growth to some extent. On the other hand, new product innovations and expansion into untapped regional markets are likely to present lucrative opportunities for market players in the coming years.

 Key Features of the Study:

• This report provides an in-depth analysis of the global gellan gum market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global gellan gum market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include CP Kelco, Dancheng Caixin Sugar Industry Co. Ltd., Zhejiang Tech-Way Biochemical Co., Ltd, Hangzhou Gellan Solutions Biotec Co., Ltd., Hebei Xinhe Biochemical Co., Ltd., Meron Group, Inner Mongolia Rainbow Biotech Co. Ltd., Fufeng Group, Vizag chemical, Brova Limited, Opal Biotech, DSM, H & A Canada Inc., Dancheng Caixin Sugar Industry Co. Ltd, and Zhengzhou Cinogel Biotech Co., Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global gellan gum market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation-

• By Type:
  • High Acyl Content
  • Low Acyl Content
• By Application:
  • Food & Beverages
    • Bakery & Confectionery
    • Dairy Products
    • Meat & Poultry
    • Sauces & Dressings
    • Beverages
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Others (Biotechnology and Others)
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• CP Kelco
• Dancheng Caixin Sugar Industry Co. Ltd.
• Zhejiang Tech-Way Biochemical Co., Ltd
• Hangzhou Gellan Solutions Biotec Co., Ltd.
• Hebei Xinhe Biochemical Co., Ltd.
• Meron Group
• Inner Mongolia Rainbow Biotech Co. Ltd.
• Fufeng Group
• Vizag chemical
• Brova Limited
• Opal Biotech
• DSM
• H & A Canada Inc.
• Dancheng Caixin Sugar Industry Co. Ltd
• Zhengzhou Cinogel Biotech Co., Ltd.