Gellan Gum Market Current Size, Development and Growth Prospects 2024 - 2031 | CP Kelco, Dancheng Caixin Sugar Industry Co. Ltd.

Market Overview:

The global gellan gum market is estimated to be valued at USD 277 Mn in 2024 and is expected to reach USD 445.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Market Dynamics:

Gellan gum market is expected to witness significant growth over the forecast period owing to increasing demand from food industry. The food industry accounts for over 70% of the total gellan gum consumption globally. Within the food industry, gellan gum finds wide application in dairy products due to its ability to provide texture and stabilization. It is also used in bakery products to improve structure and volume. Further, rising health-consciousness among consumers has bolstered the demand for clean label and vegetarian alternatives to gelatin. This has augmented the usage of gellan gum as a gelatin replacement.

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GROWING DEMAND FOR LOW CALORIE AND NON-CELIAC GLUTEN FREE FOOD PRODUCTS DRIVES THE GELLAN GUM MARKET

The growing demand for low calorie and non-celiac gluten-free food products is a major driver of growth in the gellan gum market. Gellan gum is used extensively as a thickening, stabilizing, and emulsifying agent in various food products, owing to its texture, consistency and stability imparting properties. It is commonly used as a replacement for fat, sugar and flour in reduced calorie and gluten-free products. Furthermore, gellan gum serves as an excellent thickening and stabilizing agent in dairy and dairy alternative products. With rising health consciousness and prevalence of lifestyle diseases, consumers are increasingly opting for low calorie and gluten free alternatives of popular food products such as sauces, soups, baked goods, desserts and yogurts. Various food giants are launching new product lines of low calorie and gluten free versions of their popular brands using gellan gum. This rising demand for specialty foods is expected to drive robust growth of the gellan gum market in the foreseeable future.



PRESENCE OF SUBSTITUTES RESTRAINS THE GELLAN GUM MARKET

The presence of viable substitute gelling and thickening agents poses a major challenge to the growth of gellan gum market. Some of the widely used substitutes for gellan gum include xanthan gum, guar gum, tara gum and sodium alginate. These substitutes effectively emulate the texturizing properties of gellan gum and allow formulation of end products with comparable quality attributes at lower costs. The substitute gums are readily available from alternative organic sources. Furthermore, xanthan gum in particular shares many functional similarities with gellan gum and is widely preferred in certain applications. This makes substitutes a viable alternative, especially for cost-sensitive market segments. This threat of product substitution raises competition and restrains the gellan gum market from reaching its true potential. Manufacturers need to increase awareness about gellan gum's advantages to mitigate the challenge posed by substitutes.

GROWING DEMAND FOR CLEAN LABEL AND NATURAL INGREDIENTS PRESENTS AN OPPORTUNITY

The growing trends of clean label, natural ingredients and sustainability present a major opportunity for the growth of gellan gum market. Consumers today are increasingly health-conscious and prefer food and personal care products with minimal artificial ingredients and long ingredient lists. There is a strong demand for products containing natural, plant-derived and clean label ingredients. Gellan gum satisfies these demands being a natural polysaccharide of microbial origin devoid of allergens like gluten. It is approved by regulatory bodies worldwide as a direct food additive. Gellan gum manufacturers can capitalize on these trends by positioning their product as a clean label and natural thickening and stabilizing alternative. They need to promote gellan gum's clean label credentials and highlight its sustainability benefits over synthetic hydrocolloids. This clean label positioning can help expand the application scope of gellan gum across various end use industries including food, beverages, personal care and more.

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Top Companies Featured in This Report:

★ 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.,



Market Segmentation:

By Product Type:

★ By Type: High Acyl Content and Low Acyl Content

By Applications:

★ By Application: Food & Beverages (Bakery & Confectionery, Dairy Products, Meat & Poultry, Sauces & Dressings, Beverages), Pharmaceuticals , Cosmetics & Personal Care , and Others (Biotechnology and Others)

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Key Insights from the Global Gellan Gum Market Analysis:

Market Size Evaluation: Assessing the value and sales volume of the Gellan Gum market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Gellan Gum market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Gellan Gum market.
Segment Analysis: Examining the market value and sales volume of Gellan Gum by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Gellan Gum market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Gellan Gum sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

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Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

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