Global Gellan Gum Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Gellan Gum Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Gellan gum is a water-soluble anionic polysaccharide produced by the bacterium Sphingomonas elodea (formerly Pseudomonas elodea). The gellan-producing bacterium was discovered and isolated by the former Kelco Division of Merck & Company, Inc. in 1978 from the lily plant tissue from a natural pond in Pennsylvania, USA. It was initially identified as a substitute gelling agent at significantly lower use level to replace agar in solid culture media for the growth of various microorganisms Its initial commercial product with the trademark as GELRITE gellan gum, was subsequently identified as a suitable agar substitute as gelling agent in various clinical bacteriological media.

Market Overview:

The latest research study on the global Gellan Gum market finds that the global Gellan Gum market reached a value of USD 398.03 million in 2022. It’s expected that the market will achieve USD 716.85 million by 2028, exhibiting a CAGR of 10.3% during the forecast period.

Drivers

Owing to increasing use of gellan gum in food and beverages products globally, the market for food and beverages products is witnessing significant growth. Presently, gellan gum is widely used as an alternative for various hydrocolloids such as carrageenan gum in various dairy products, protein enriched drinks and other beverages. Gellan gum enables uniform dispersion and suspension of insoluble particulates in protein-fortified beverages and nut milks. Manufacturers of gellan gum are expanding their production capacity to meet the increasing market demand. Various international events are organised to promote the usage of gellan gum and to increase its customer base around the globe.

Apart from this, Asia Pacific region is expected to be the fastest growing market for the Gellan Gum during the forecast period. Further, this growth can be attributed to factors such as rising consumer’s affordability, increase demand of food and beverage, cosmetics and personal products, pharmaceutical, industrial and so on.

In developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Gellan Gum.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

CP Kelco is one of the major players operating in the Gellan Gum market, holding a share of 43.59% in 2018. CP Kelco manufactures specialty hydrocolloids. It offers carrageenans for food, household, and personal care industries; cellulose gums/carboxymethyl celluloses; diutan gums/biopolymers for applications such as gypsum and hydraulic cementitious materials, and oilfield drilling fluids; and gellan gums for food, beverage, personal care, industrial cleaner, and paper markets.

Inner Mongolia Rainbow Biotech

It is a high-tech enterprise that specializes in the development of R&D, production and application technologies of various microbial polysaccharides and other bio-gels and hydrosols, and provides customers with better colloidal product solutions and better service systems.

Segmentation Overview:

Among different product types, High Acyl Gellan Gum segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Food & Beverage segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Gellan Gum market covered in Chapter 3:

CP Kelco
Tech-Way Biochemical
Hebei Xinhe
Fufeng Group
Dancheng Caixin
DSM Zhongken
Teejoy
Inner Mongolia Rainbow Biotech

In Chapter 4 and Chapter 14.2, on the basis of types, the Gellan Gum market from 2018 to 2029 is primarily split into:

High Acyl Gellan Gum
Low Acyl Gellan Gum

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gellan Gum market from 2018 to 2029 covers:

Food & Beverage
Personal Care and Cosmetics
Industrial and Household Cleaners
Pharmaceuticals
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)