- Press Release
- Gellan Gum Market Is Expected To Reach US$ 416.1 Mn by 2027
Gellan Gum Market Is Expected To Reach US$ 416.1 Mn by 2027 - Coherent Market Insights
Published On : Nov 18, 2019
The global gellan gum market was valued at US$ 153.4 Mn in 2018, according to Global Gellan Gum Market Report, by Product Type (High Acyl Content and Low Acyl Content), by Application (Food & Beverages (Bakery & Confectionery, Dairy Products, Meat & Poultry, Sauces & Dressings, and Beverages), Pharmaceutical, Cosmetics & Personal Care, and Others (Biotechnology and Others)), and by Region (North America, South America, Asia Pacific, Europe, Middle East and Africa), published by . The global gellan gum market is expected to reach US$ 416.1 Mn by 2027, exhibiting a CAGR of 11.8% during the forecast period (2019-2027), owing to increasing consumer preference for gellan gum due to its various applications in the food industry. Gellan gum is utilized as a gelatin substitute in the production of confectioneries and vegan candies. Moreover, it is also utilized in plant-based milk products such as soy milk. Gellan gum can be used in ice creams. Gellan gum also helps to separate ingredients during preparation of bakery items. It helps in prevention of color change in purees and spreads, and also helps to get the correct gel consistency. It assists in increment of fluid viscosity, thus producing thick liquids which are utilized in food products and beverage. These advantages offered by gellan gum are expected to propel growth of the global gellan gum market during the forecast period. However, health issues such as abdominal bloating, excessive gas, loose stools or diarrhea associated with over-consumption of gellan gum are expected to hamper the market growth. Moreover, the U.S. Food and Drug Administration (FDA) has not given gellan gum the ‘Generally Recognized as Safe (GRAS)’ status, although the U.S. FDA has approved its usage in food products. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/gellan-gum-market-2205 Browse 32 market data tables* and 20 figures* on "Gellan Gum Market” - Global forecast to 2027. Key Takeaways of the Market:
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