Home Press Release Global Gellan Gum Market Extends at a Healthy CAGR of 7.08%

Global Gellan Gum Market Extends at a Healthy CAGR of 7.08%

31 Mar, 2023

Gellan gum, a viscous soluble fiber, is produced from lactose (cheese whey) or glucose by the bacteria Sphingomonas elodea. A gellan gum additive is used to bind, stabilize, or texturize food. Gellan gum shares characteristics with other gelling substances such as guar gum, carrageenan, agar-agar, and xanthan gum. The global market for gellan gum has seen an increase in demand due to advances in the food and beverage industries. Gellan gum has a diverse range of uses in the food industry, which is essential to consider from the standpoint of market expansion.

Market Dynamics

Expansion of Online Retail Platforms and Growing Demand for Food Additives Drives the Global Market

Currently, many businesses operate their online storefronts or work together to provide clients with information about the company and the products it sells. The number of people shopping online has increased due to more product alternatives and the ability to compare prices. In addition, it improves the accessibility and availability of the necessary products, which will contribute to the growth of the gellan gum market shortly.

The increasing demand for food additives on the global market is one of the essential elements driving gellan gum's market. Gellan gum is generally used as a thickening, stabilizer, and emulsifier in yogurt, dairy drinks, sweets, and ice cream. Its natural qualities, such as its lack of reactivity with other ingredients or colors, make it simple to incorporate into any product without changing its flavor or appearance while still delivering desired functional benefits.

Regional Analysis

North America dominates the global gellan gum market due to the size of the food and pharmaceutical sectors and the variety of uses for the product in the food and beverage sector. Germany is the world's second-largest producer of food and beverages, providing optimal product usage. Asia-Pacific is expected to dominate the gellan gum market in terms of production due to the high production volumes of the gellan gum industry in China.

Key Highlights

  • The global gellan gum market was valued at USD 2.30 billion in 2021. It is projected to reach USD 4.26 billion by 2030, growing at a CAGR of 7.08% during the forecast period (2022–2030).
  • Based on type, the market is bifurcated into high and low acyl content. The high acyl content accounts for most of the gellan gum market because there is an increase in the demand for beverages made from plant proteins.
  • Based on application, the market is categorized into cosmetic and personal care, food and beverage, pharmaceuticals, and others. The food and beverage segment dominates the global gellan gum market.
  • North America dominates the global gellan gum market.

Market Segments

Global Gellan Gum Market: Segmentation

By Type

  • High Acyl Content
  • Low Acyl Content

By Applications

  • Cosmetic and personal care
  • Food and Beverage
  • Pharmaceuticals
  • Others

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

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