
Report ID: SQMIG15E2445
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to gellan gum market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Gellan Gum Market size was valued at USD 216.81 Million in 2023 and is poised to grow from USD 244.78 Million in 2024 to USD 646.15 Million by 2032, growing at a CAGR of 12.90% during the forecast period (2025-2032).
Gellan gum providers are targeting food manufacturers focusing on clean-label and plant-based trends to make the most of their revenue. Gellan gum companies are opting for strategies such as collaborations, partnerships, and acquisitions to amplify their market share on a global level going forward. Gellan gum manufacturers are also investing heavily in research and development to enhance the functional properties of gellan gum and expand its application scope. Gellan gum companies are trying to target the clean-label and veganism trends to amplify their sales potential. Established gellan gum suppliers are projected to account for a substantial market share as compared to new companies. 'CP Kelco', 'Inner Mongolia Rainbow Biotech Co., Ltd.', 'Jungbunzlauer Suisse AG', 'DuPont de Nemours, Inc.', 'Shanghai Fortune Biotech Co., Ltd.', 'DSM Food Specialties B.V.', 'Zhejiang Tech-Way Biochemical Co., Ltd.', 'Merck KGaA (Sigma-Aldrich)', 'Cargill, Incorporated', 'IHC Chempharm', 'Xi'an Sheerherb Biological Technology Co., Ltd.', 'Fufeng Group Company Limited', 'Zhejiang Zhongken Biotech Co., Ltd.', 'Hebei Xinhe Biochemical Co., Ltd.', 'Deosen Biochemical (Ordos) Ltd.', 'Shanghai Kaison Chemicals Co., Ltd.', 'Dancheng Caixin Sugar Industry Co., Ltd.', 'Tianshen (Group) Holdings Co., Ltd.', 'TIC Gums, Inc.', 'Silver Fern Chemical, Inc.'
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.
Growing Demand for Clean-Label Products: Increasing awareness regarding health has resulted in high demand for clean-label products in the food & beverage industry. This trend is forecasted to boost the adoption of gellan gum in this industry as it is a clean-label ingredient.
Asia Pacific region accounts for the largest gellan gum market share in the world and this can be directly attributed to the presence of robust food & beverage manufacturing activity in this region. China is slated to lead the gellan gum market growth in this region across the forecast period and beyond. The presence of key gellan gum manufacturers in this region and the high demand for processed foods are also slated to create new growth opportunities. The rising popularity of plant-based food alternatives and the high use of gellan gum in the formulation of the same is also slated to offer a lucrative growth scope.
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Report ID: SQMIG15E2445
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