The Global Gellan Gum Market Growth is driven by growing application in food industry
Key Takeaways
Key players operating in the Gellan Gum market are China National Bluestar (Group) Co. Ltd, DuPont, Hebei Silicon Valley Chemical Co Ltd, Huvis, Hyosung, Kermel, Kolon Industries Inc., Shenma Industrial Co. Ltd, Sinopec Yizheng Chemical Fibre Limited Liability Company, Suzhou Zhaoda Specially Fiber Technical Co.,Ltd., Teijin Limited, Toray Industries Inc., Wuxi, Heshengyuan Carbon Fiber Technology Co. Ltd, X-FIPER New Material Co. Ltd, Xiamen Chao Yu Environmental Protection Technology Co. Ltd, and Yantai Tayho Advanced Materials Co. Ltd.
The rising demand for natural and plant-based thickeners and stabilizers in food products has been a major driver of growth in the Gellan Gum Market Trends Its compatibility with dairy, meat, salad dressings, sauces and gravies has made it a preferred choice over conventional thickeners.
Manufacturers are focusing on expanding their production capacity and distribution networks across major markets to cater to the growing worldwide demand for gellan gum. Production hubs are coming up in Asia Pacific and North America with China and US being the major producers.
Market drivers
The major driver propelling the growth of gellan gum market is the rising health consciousness among consumers. People are increasingly preferring food products which are all-natural and do not contain additives or preservatives. As gellan gum is derived from bacterial fermentation and does not contain allergens like gluten, it meets the requirements of health-conscious consumers. Gellan gum also helps manufacturers to offers Clean Label foods. The clean label trend is one of the key driving forces augmenting the demand for gellan gum.
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