Gellan Gum Market By Product Type (High Acyl Content, Low Acyl Content), By Application (Food(Confectionary, Jams and Jellies, Fabricated Foods, Water-based Gels, Pie Fillings and Puddings, Dairy Products, Processed Meats, Beverages), Personal Care and Cosmetics, Industrial and Household Cleaners, Pharmaceuticals, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends, and Competitive Analysis Forecasts Report 2024 to 2029

Updated On: January, 2024
ID: 7006
Pages: 175

Gellan Gum Market Size, Share, Growth (2023-2028)

Gellan Gum Market size was worth USD 43.92 million in 2023 and is expected to grow at a compound annual rate of 4.4%, to reach USD 54.47 million in 2028.

What is Gellan Gum?

Gellan gum is essentially a polysaccharide, which has a high molecular weight and is produced by fermentation. Gellan gum is used commercially for cosmetic, food, pharmaceutical, and non-food products in various countries, including China, the United States, Canada, Japan, the European Union, and others.

Gellan Gum Market Report Statistics:

REPORT METRIC

DETAILS

Market Size Available

2022–2028

Base Year

2022

Forecast Period

2023-2028

CAGR

4.4%

Segments Covered

By Type, By Application, and By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

P&G Chemicals, Acme-Hardesty Company, BASF SE, Kao Chemicals, Texas Natural Supply, The Prakash Chemicals Pvt Ltd, and S.L., among others.

What are the Uses of Gellan Gum?

Gellan gum finds its application in many hygiene and cosmetic products, in particular lotions, masks, creams, masks, and others. This is attributed to the solid retention and texture that gellan gum provides in sunscreens, as it stabilizes the oily factor in cosmetics. Gellan gum finds usage as a stabilizer, emulsifier, and thickener and is used individually or in combination with another product to develop textures. Gellan gum forms a transparent gel that is suspended with a minimum viscosity during the formation of the gel solution. Other advantages of gellan gum include better thermal stability, a degree of structure, and setting temperature, however, depending on the gellan gum used and the concentration of gelling ions used to formulate the gellan gum for a particular product.

Recent Developments in Gellan Gum Market

  1. According to Trading Economics Statistics on the United States Disposable Personal Income, the disposable personal income in the U.S. averaged US$ 5,200.2 billion in 1959, which increased to US$ 15,742.81 billion in November 2018.

  2. Makers of gellan gum are expanding their creation amount to do the trick the expanding market request. Development of creation limit of gellan gum makers, developing interest for natural gelling substances for delivering nourishment and drinks. Be that as it may, getting the crude materials required for creating gellan gum, convoluted techniques utilized for framing gellan gum from lactose are preventing the market development.

  3. After one and a half year of construction, 1000 tons of annual gellan gum production capacity, the new CAIXIN SUCRE project got started. CAIXIN SUGAR invested more than RMB 80 million for this project, and it researched and designed this project with its own technicians. The raw material is based on our existing glucose syrup factory. This new Gellan Gum project is one of the ten main projects of GRUPO HENAN CAIXIN, which is the parent company of CAIXIN SUGAR.

Gellan Gum Market Drivers and Restraints:

The global Gellan Gum market is supposed to experience significant growth during the outlook period due to strong demand in food and beverage applications. It is used as an alternative to hydrocolloids in beverages and dairy products, thus boosting its demand in the food industry. Strong growth in the food and beverage industry in major global economies, including the United States, Europe, India and China due to the increasing dependence of consumers on packaged foods boost product growth over the next eight years. It is a water-soluble polysaccharide that is made by chemical fermentation of a sugar source. It is often available in two forms, namely high and low acyl content. Gum products with a low acyl Gellan content form fragile, firm and non-elastic gels, while the high-acyl version forms highly elastic, soft and non-fragile gels. The variation in the proportion of these two forms allows the production of a wide range of textures and formulations depending on the demand of the product in the end-use industry.

Gellan Gum allows the suspension and uniform dispersion of insoluble particles in milk from nuts and protein-enriched beverages. Product manufacturers must increase their production volumes to meet the growing market demand. Also, manufacturers organize several international events that promote the use of the product to increase clientele worldwide. However, several substitutes such as pectin, xanthan gum, guar gum, and locust bean gum, among others, are commercially available and can easily replace gellan gum. The greater availability of substitutes is presumed to hamper growth in the global gellan gum market during the forecast period.

Gellan Gum Market Report is segmented and sub-segmented into the following:

Based on Product Type:

  • High Acyl Content

  • Low Acyl Content

Based on Application:

  • Food

    • Confectionary

    • Jams and Jellies

    • Fabricated Foods

    • Water-based Gels

    • Pie Fillings and Puddings

    • Dairy Products

    • Processed Meats

    • Beverages

  • Personal Care and Cosmetics          

  • Industrial and Household Cleaners               

  • Pharmaceuticals   

  • Others      

Gellan Gum Market Regional Analysis:

  • North America (U.S. and Canada)

  • Europe (U.K., France, Germany, and Rest of Europe)

  • Asia Pacific (Japan, China, India, and Rest of APAC)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle-East & Africa (GCC and Rest of MEA)

North America Gellan Gum Market:

In terms of value, the North American gellan gum market is assumed to maintain a significant share of the global market during the projection period. In North America, the food segment should increase 1.4 times in volume terms. In the Latin American gellan gum market, the business is anticipated to record a significant portion of billing during the calculation period.

Europe Gellan Gum Market:

The gellan gum market will dominate a considerable part of Western Europe during the period considered. In Western Europe, the volume of the food segment will reach a maximum of 1.4X during the forecast period, which is regarded as a supporting element for the gellan gum business. In Eastern Europe, the food segment will increase by 1.2X until the end of 2026, promoting the usage of gellan gum.

Asia pacific Gellan Gum Market:

In terms of value, China will lead the Asia Pacific Gellan gum market until the end of the forecast period. The Asia Pacific region is foreseen to be the fastest-growing market for Gellan gum in volume terms, posting a CAGR of 4.6% during the forecast period. In the APAC region, the food segment will grow at a compound annual rate of 5.7% until the end of the projected period.

Among the food sub-segments, the beverage sub-segment will record a compound annual rate of 6.4% by the end of 2026. In Japan, the food application segment is expected to gain a significant market share during the estimated period.

Gellan Gum Market Key players:

  1. Dancheng Caixin Sugar Industry Co. Ltd

  2. Zhejiang Tech-Way Biochemicals Co. Ltd

  3. Hangzhou Gellan Solutions Biotec Co. Ltd.

  4. Meron Group

  5. Hebei Xinhe Biochemical Co. Ltd

  6. Fufeng Group

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