GELLAN GUM MARKET ANALYSIS

Gellan Gum Market Size and Trends

The global gellan gum market is estimated to be valued at USD 277 Mn in 2024 and is expected to reach USD 445.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

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The market is expected to witness a positive growth over the forecast period. Gellan gum is widely used in food industries due to its versatile functional properties. There has been an increasing demand for gellan gum from food industries such as bakery, confectionery, beverages, etc. for use as a gelling agent and stabilizer. Growing awareness regarding health benefits of consumption of low calorie food products is also expected to support the growth of the gellan gum market. Advancements in production technologies have increased the production capacities of gellan gum over the past few years. This is further expected to promote the expansion of the gellan gum market during the forecast time frame.

Growing Food Industry

The global food industry has seen tremendous growth in the last few decades. As consumer incomes rise globally, people are adopting western diets high in processed foods and convenient ready-to-eat meals. The demand for packaged and prepared foods has never been greater. Food manufacturers are constantly innovating and introducing new product lines to meet the evolving tastes of consumers. This growing and evolving food industry relies on various food additives and ingredients to deliver texture, stability, and prevent spoilage in the diverse array of food products. Gellan gum has emerged as a versatile thickening, stabilizing, and gelling agent for the food industry. Gellan gum acts as an ideal gelling agent for producing gelled desserts and confectionery products. It sets into a gel with a smooth and elastic texture at room temperature without requiring any heat treatment. This makes it suitable for use in products like yogurt, fruit gels, and puddings. It is also used to produce stabilized dairy products like cream cheese and cheeses spreads by preventing separation of the oil and water components. The stable gels produced by gellan gum help maintain the texture in foods even after extended storage and transportation. Food manufacturers are incorporating gellan gum into ready meals, sauces and soups to prevent separation and maintain uniform viscosity during shelf life. Its ability to form thermally reversible gels enables preparation of sophisticated chilled foods in novel formats. Therefore, growing food industry is expected to drive the market growth. For instance, according to data published by Invest India in 2022, by 2025 the Indian Food Processing market is estimated to reach USD 535 Bn, growing at a compound annual growth rate of 15.2%.

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The pharmaceutical industry is constantly evolving to develop innovative drug delivery systems, formulations and medical devices. There is intensive research focused on controlled and sustained drug release technologies. Gellan gum has emerged as a promising material for pharmaceutical applications owing to its excellent gelling, viscosity enhancing, and film forming properties. Its bio-compatibility and ability to form soft, non-irritant gels makes it suitable for use in pharmaceutical products meant for internal consumption as well as external application. Gellan gum is widely used in the production of hard and soft gelatin capsules used for encapsulating both liquid and solid drugs. It serves as an effective alternative to gelatin in capsules for vegans and individuals with gelatin allergy. It also finds applications in the manufacturing of tablets by aiding granulation and improving flow properties during compression. Gellan gum solutions and gels are being explored as matrices for controlled drug delivery systems offering extended release of medicines.