The global gellan gum market Growth Accelerated by Surging Demand from Food Industry
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.
The
global gellan gum market is estimated to be valued at US$ 249.78 million in 2024
and is expected to exhibit a CAGR of
3.8% over the forecast period 2024 to 2031, as highlighted in a new report
published by Coherent Market Insights.
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 size 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 is expected to witness high growth over the
forecast period of 2024 to 2031. The global gellan gum market is estimated to
be valued at US$ 249.78 million in 2024 and is expected to exhibit a CAGR of
3.8% over the forecast period 2024 to 2031.
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.
Get
more insights on this topic: https://www.newsstatix.com/gellan-gum-market-share-and-opportunity-analysis/
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