Gellan Gum Market, by Product Type (High Acyl Content and Low Acyl Content), by Application (Food & Beverages (Bakery & Confectionery, Dairy Products, Meat & Poultry, Sauces & Dressings, and Beverages), Pharmaceutical, Cosmetics & Personal Care, and Other

Gellan Gum Market, by Product Type (High Acyl Content and Low Acyl Content), by Application (Food & Beverages (Bakery & Confectionery, Dairy Products, Meat & Poultry, Sauces & Dressings, and Beverages), Pharmaceutical, Cosmetics & Personal Care, and Others (Biotechnology and Others)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Gellan gum is a viscous soluble fiber, which is produced by the bacteria Sphingomonas elodea from corn starch (glucose) or cheese whey (lactose). Gellan gum is a mixture of several polysaccharides composed of glucuronic acid, glucose, and rhamnose. Gellan gum is used as a gelling agent, food additive, and has applications in bakery and confectionary products. Gellan gum market is expected to exhibit a CAGR of 12.9% during the estimated forecast period

Market Dynamics

On the basis of application, gellan gum market is segmented into food & beverage, pharmaceutical, cosmetics & personal care, and others. In 2021, food & beverage segment held the largest revenue share, accounting for 72.9% in the global gellan gum market. This is due to increasing demand for bakery products, which is expected to drive demand for gellan gum from the food & beverage segment. Gellan gum is also used in poultry products for reducing oil adsorption and increasing moisture retention during frying. It is also used to improve functional properties and to compensate undesirable effects of salt reduction, fat reduction, and thawing.

Among region, North America dominated the global gellan gum market, and accounted for a revenue share of 38.1% in 2021 North America is expected to witness a significant growth in the gellan gum market over the forecast period, owing to expansion strategies adopted by key players in this region and rising disposable income. in August 2019, CP Kelco expanded the gellan gum manufacturing capacity of its Okmulgee, Oklahoma, U.S. plant. This expansion has helped CP Kelco to strengthen its gellan gum business in the North America market.

Key features of the study:

• This report provides an in-depth analysis of global gellan gum market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global gellan gum market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include DSM, CP Kelco, H & A Canada Inc., Nanjing JoyfulchemCo., Ltd., Dancheng Caixin Sugar Industry Co. Ltd., Zhengzhou Cinogel Biotech Co., Ltd., Hangzhou Gellan Solutions Biotec Co., Ltd., DuPont, Hebei Xinhe Biochemical Co. Ltd, and Nutricorn Co., Limited.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global gellan gum market report caters to various stakeholders in this industry including investors, suppliers, gellan gum manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gellan gum market

Detailed Segmentation:

• Global Gellan Gum Market, By Product Type :
• High Acyl Content
• Low Acyl Content
• Global Gellan Gum Market, By Application :
• Food & Beverages
• Bakery & Confectionery
• Dairy Products
• Meat & Poultry
• Sauces & Dressings
• Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Others (Biotechnology and Others)
• Global Gellan Gum Market, By Region:
• North America
• By Country:
• U.S.
• Canada
• Latin America
• By Country:
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country:
• Germany
• U.K
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country:
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa
• By Country/Region:
• Middle East
• Africa
• Company Profiles
• DSM*
• Company Overview
• Product Portfolio
• Key Strategies
• Recent Developments
• Future Plans
• CP Kelco
• H & A Canada Inc.
• Nanjing Joyfulchem Co., Ltd.
• Dancheng Caixin Sugar Industry Co. Ltd.
• Zhengzhou Cinogel Biotech Co., Ltd.
• Hangzhou Gellan Solutions Biotec Co., Ltd.
• DuPont
• Hebei Xinhe Biochemical Co. Ltd
• Nutricorn Co., Limited.

“*” marked represents similar segmentation in other categories in the respective section