The gellan gum market has been gaining traction owing to its wide applications in the food industry. Gellan gum is a type of extracellular polysaccharide produced by the fermentation of the Sphingomonas elodea microorganism. It finds extensive use as a gelling agent, thickener, and stabilizer in various food products such as desserts, sauces, soups, etc. owing to its ability to form thermal reversible gels. Gellan gum provides excellent texture and helps maintain the structure and consistency of foods without altering the taste. The growing demand for clean label and vegan food products is also contributing to the increasing demand for gellan gum.
The global gellan gum market is estimated to be valued at US$ 277 Mn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the gellan gum market are CP Kelco, Henan Tailijie Biotech Co., Ltd., DSM Corp., Dancheng Caixin Sugar Industry Co. Ltd., Meron, Zhejiang Tech-Way Biochemical Co., Ltd.
The rising popularity of organic and natural ingredients in food products offers lucrative growth opportunities for Gellan Gum Market Trends With increasing health awareness, gellan gum is finding greater utilization in dairy, bakery and functional food & beverages.
The growing international trade of food products and expansion of global food chains are facilitating the global expansion of the gellan gum market. Multinational food companies are promoting the use of gellan gum in various regions owing to its diversified functionality.
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