Product ID: SQMIG15E2445
Global Gellan Gum Market Size, Share, Growth Analysis, By Type(Low Acyl Gellan Gum, High Acyl Gellan Gum), By Application(Food Additives Industry, Daily-Chemical Industry) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2445 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
63 |
Figures:
75
Global Gellan Gum Market Dynamics
Drivers
Growing Food and Beverage Industry:
- Evolving consumer preferences and high demand for convenience and processed foods are fueling the demand for gellan gum all over the world. The high use of gellan gum as a food additive is driving its sales.
Rising Demand for Plant-Based Products:
- Growing demand for plant-based and vegan food and beverages is also slated to benefit gellan gum demand as it is extensively used to enhance the texture and flavor of these food products.
Restraints
Regulatory Challenges:
- Regulatory requirements for products containing gellan gum can be tough to attain and this is especially true for food and pharmaceutical industries. This could impede market growth in the future.
Supply Chain Disruptions:
- Disruptions in the supply chain could directly limit gellan gum market growth potential as it could give rise to price volatility and raise the costs of production for different industries.
Global Gellan Gum Market Report Snapshots
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