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Latin America Gellan Gum Market By Product Type (High Acyl Content, Low Acyl Content), By Application (Personal Care And Cosmetics, Food, Industrial And Household Cleaners, Pharmaceuticals, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 7014
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Gellan Gum Market Size, Share, Growth (2022-2027)

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

Latin America Gellan Gum Market Overview

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.

Latin America Gellan Gum Market Segmentation

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

  • Personal Care

  • Cosmetics

  • Food

  • Industrial

  • Household Cleaner

  • Pharmaceuticals

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.

Latin America Gellan Gum Market Regional Analysis

  • Mexico

  • Brazil

  • Argentina

Developing countries like Brazil and Mexico will contribute significantly in the growth of the gellan gum market in Latin America.

Latin America 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.

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