Latin America Gellan Gum Market was worth USD 3.49 million in 2021 and is estimated to be growing at a CAGR of 4.1%, reaching USD 4.26 million by 2027
Gellan gum is vastly used as an alternate option for hydrocolloids in different dairy items, protein drinks and other drinks. Gellan gum facilitates even dispersion of insoluble particles in beverages and flavored milk. Producers of gellan gum are increasing their production quantity to suffice the increasing market demand. Expansion of production capacity of gellan gum manufacturers, increasing demand for organic gelling substances for producing food and beverages. However, getting the raw materials needed for producing gellan gum, and complicated methods used for forming gellan gum from lactose are hindering the market growth.
Based on Product Type, the Latin America Gellan Gum market is broadly categorized into
High Acyl Content
Low Acyl Content gellan Gum
On the basis of the Application
The Food segment is further sub-segmented into Confectionary, Jams and Jellies, Fabricated Foods, Water-based Gels, Pie Fillings and Puddings, Dairy Products, Processed Meats and Beverages.
Developing countries like Brazil and Mexico will contribute significantly in the growth of the gellan gum market in Latin America.
Dancheng Caixin Sugar Industry Co. Ltd.
Zhejiang Tech-Way Biochemicals Co. Ltd.
Hangzhou Gellan Solutions Biotec Co. Ltd.
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