PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313706
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313706
Gellan gum market expected to Grow at 5.1% by 2031, Gellan gum is a basically a polysaccharide, which has high molecular weight and is produced by fermentation. Gellan gum is commercially used for cosmetic, food, pharmaceutical and non-food products in various countries such as China, U.S., Canada, Japan, European Union and others. Gellan gum is finds application in wide hygiene and cosmetics products including lotion, face masks, creams, face masks and others. This is attributed tostrong hold and texture provided by gellan gum in sunscreens as it stabilizes the oily factor in creams. Gellan gum finds profound use as stabilizer, emulsifier and thickener and is either used individually or as a combination with another product in order to develop textures. Gellan gum forms a transparent gel, which suspends with minimal viscosity during the gel solution formation. Other advantages of gellan gum include better thermal stability, degree of structure and setting temperature, however depending upon the gellan gum used and the concentration of gelling ion used to formulate gellan gum for a particular product.
Increasing demand for jelly, pudding, jam, confectionery, marshmallows and desserts among consumers has led food manufacturers to develop formulations, which offer better stability, texture and hold to the product. This is driving the demand for gellan gum among food manufacturers at a significant rate. Also, there is rising demand for gellan gum in beverages, which is majorly due to demand for gelled beverages. Asia Pacific is expected to dominate the market, owing to significant growth by gellan gum market in China. North America follows, along with Japan and Europe. Although, gellangum is commercially produced in USA and Japan by C. P. Kelco, the market is stable in these countries.
Biopolymer International, DSM, C P Kelco, Xinjiang Fufeng Biotechnologies Co., Ltd., H and A Canada, MeneraBerlian, Transperency Manufacturers, Ingredients U.K, Nanjing Joyfulchem Co., Ltd., Food manufacture. Co. UK., IHC Chempharm, Dancheng, Caixin sugar industry Co. ltd., Zhejiang Zhongken Biotech Co.,Ltd. And Other Notable Players.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofGellan Gum market are as follows:
Micro and macro environment factors that are currently influencing the Gellan Gum market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
FIG. 9Market Positioning of Key Gellan Gum Market Players, 2022
FIG. 10Global Gellan Gum Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031