
Global Gellan Gum Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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"Global Gellan Gum Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global gellan gum market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global gellan gum market report has been segmented on the basis of product type, application, and region.
Introduction:
Gellan gum is an extracellular polysaccharide secreted by the micro-organism Sphingomonas elodea. It is manufactured by fermentation process. Gellan gum is available in two types of low acyl and high acyl. Both gums function differently in terms of texture, gelation, hydration, and stability.
Market Dynamics:
Rising demand for gellan gum in various dairy-based products as a substitute to hydrocolloids is major factor expected to drive revenue growth of the gellan gum market over the forecast period. Moreover, growing food & beverage industry in developing economies such as India and China is expected to support revenue growth of the target market. Furthermore, rising demand for processed food in developed countries is another factor expected to drive revenue growth of target market over the forecast period.
However, stringent regulations related to consumption of gellan gum is expected to restrain revenue growth of the market over the forecast period.
Product Type Insights:
On the basis of product type, the high acyl gellan gum segment is expected to account major revenue share in the global gellan gum market. Rising demand for high acyl gellan gum in the food and beverage industry for texture is expected to support revenue growth of this segment over the forecast period.
Application Insights:
On the basis of application, the food & beverage segment is expected to account major revenue share in the global market and is expected to maintain its dominance over the forecast period. Rising demand for gellan gum as an alternative to hydrocolloids such as carrageenan gum in various protein drinks, dairy products, and other beverages is major factor expected to drive revenue growth of this segment over the forecast period.
Regional Insights:
Asia Pacific market is expected to account major revenue share in the global gellan gum market and is expected to maintain its dominance over the forecast period. Increasing demand for gellan gum from food and pharmaceutical industries is expected to drive revenue growth of Asia Pacific gellan gum market. Moreover, the growing beverage industry in the region owing to increasing disposable income coupled with changing consumer preferences are other factors expected drive revenue growth of Asia Pacific gellan gum market over the forecast period. Asia Pacific accounts for the major revenue share of the global gellan gum market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Europe gellan gum market is expected to grow at a steady rate over the forecast period. Growing food processing industry in the region is expected to drive revenue growth of the target market over the forecast period.
Market Segmentation and Key Players Operating in the Global Gellan Gum Market:
By Product Type:
- High Acyl Gellan Gum
- Low Acyl Gellan Gum
By Application:
- Food & Beverages
- Personal Care
- Pharmaceuticals
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region - North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$ - Biopolymer International
- Koninklijke DSM N.V.
- Xinjiang Fufeng Biotechnologies Co. Ltd.
- CP Kelco
- Nanjing Joyfulchem Co., Ltd.
- IHC Chempharm GmbH
- Dancheng Caixin Sugar Industry Co. Ltd.
- Meron Group
- Hangzhou Gellan Solutions Biotec Co., Ltd.
- Hebei Xinhe Biochemical Co., Ltd.
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