The global Gellan Gum Market Growth Accelerated by Rising Demand for Plant-Based Food Products
Gellan gum is an anionic polysaccharide produced by the microbial strain Sphingomonas elodea. It is commonly used as a gelling agent, thickening agent, and stabilizer in various food applications such as dairy alternatives, desserts, bakery products, sauces etc. due to its versatility, elasticity, and ability to form thermo-reversible gels. The rising demand for plant-based, vegan, and dairy-free food products worldwide has accelerated the demand for gellan gum as an emulsifier and stabilizer in non-dairy yogurt alternatives, ice-creams and other desserts. 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 key trends: The increasing demand for plant-based food products has been a key driver of growth for the gellan gum market over the recent past. Gellan gum works very well to gel plant-based dair...