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Gellan Gum Market Size

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

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Gellan Gum Market Size

The global gellan gum market was valued at USD 58.9 million in 2023 and is estimated to grow at a CAGR of over 4.5% from 2024 to 2032, influenced by trends in the food and pharmaceutical sectors. Gellan gum, a versatile polysaccharide produced through the fermentation of specific bacteria, is prized for its gelling, thickening, and stabilizing properties, making it indispensable across various applications.

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A key trend shaping the market is the surging demand for natural and clean-label ingredients. As consumers grow more health-conscious, there's a pronounced shift towards products with minimal synthetic additives. This movement is especially evident in the food and beverage sector, where gellan gum is preferred for its ability to maintain stable textures without sacrificing taste. Furthermore, with the rise of plant-based diets, gellan gum's appeal has surged as a vegan substitute for gelatin, attracting consumers leaning towards plant-based choices.

Gellan Gum Market Report Attributes
Report Attribute	Details
Base Year:	2023
Gellan Gum Market Size in 2023:	USD 58.9 Million
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	4.5%
2024 – 2032 Value Projection:	USD 87.4 Million
Historical Data for:	2021-2023
No. of Pages:	200
Tables, Charts & Figures:	172
Segments covered:	Type, Application
Growth Drivers:	Growing demand for natural ingredients Expansion of the food and beverage sectors Technological advancements Health and wellness trends
Pitfalls & Challenges:	Regulatory challenges Competition from alternative gelling agents

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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.