Home > Food & Beverages > Food Additives > Texturizers and Thickeners > Gellan Gum Market

Gellan Gum Market Share

Report ID: GMI11933
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Gellan Gum Market Share

The market features a mix of multinational corporations and regional manufacturers. To bolster their product portfolios and broaden their geographic presence, major companies are prioritizing product innovation, forging strategic partnerships, and pursuing mergers and acquisitions. Moreover, these companies are channeling investments into marketing campaigns, aiming to enlighten consumers about the advantages of gellan gum and positioning it as the preferred option for food and pharmaceutical uses.

Industry leaders employ a range of competitive strategies, such as product differentiation, cost leadership, and market penetration. For example, firms are channeling resources into R&D to craft new gellan gum variants, catering to niche applications like low-calorie foods and specialty pharmaceuticals. Additionally, by forging strategic alliances with food manufacturers and suppliers, these companies are not only securing long-term contracts but also guaranteeing a consistent demand for their offerings.

Gellan Gum Market Companies

Major players operating in the gellan gum industry are:

Avanschem
Brova
Ceamsa
Cp Kelco
Foodchem International Corporation
Gino Gums Stabilizers
Hebei Xinhe Biochemical
Meron
Sinofi Ingredients
Zhejiang Tech-Way Biotechnology

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market for gellan gum was reached SD 58.9 million in 2023 and is estimated to grow at a 4.5% CAGR from 2024 to 2032, driven by trends in the food and pharmaceutical sectors.

The high acyl gellan gum segment was worth over USD 23.4 million in 2023 and is anticipated to expand at a 4.3% CAGR from 2024 to 2032, due to its ability to produce soft, elastic gels, particularly in the food and beverage sector.

The food & beverages segment was valued at USD 31.7 million in 2023 and is projected to grow at a 4.8% CAGR from 2024 to 2032, fueled by its role as a stabilizer, gelling agent, and emulsifier in processed foods and beverages.

The U.S. gellan gum market size crossed USD 13.6 million in 2023 and is expected to grow at a 4% CAGR up to 2032, driven by a rising consumer preference for clean-label, natural, and plant-based ingredients.

Key players in the gellan gum industry include Avanschem, Brova, Ceamsa, Cp Kelco, Foodchem International Corporation, Gino Gums Stabilizers, Hebei Xinhe Biochemical, Meron, Sinofi Ingredients, and Zhejiang Tech-Way Biotechnology.