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Gellan Gum Market Trends

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

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Gellan Gum Market Trends

Sustainability is taking center stage in the gellan gum industry. Manufacturers are actively seeking eco-friendly production methods and sourcing practices to lessen their environmental footprint. Concurrently, the trend towards functional foods, those offering health benefits beyond basic nutrition—has spotlighted gellan gum's potential in probiotic and fortified products. This evolving landscape is driving companies to innovate and bolster their research and development efforts. The European Commission reports that 60% of food manufacturers are now prioritizing sustainable practices in their production processes.

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.