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, Pharmaceutical Industry, and Others), By Region - Industry Forecast 2024-2031

Global Gellan Gum Market size was valued at USD 192.04 million in 2022 and is poised to grow from USD 216.81 million in 2023 to USD 572.32 million by 2031, growing at a CAGR of 12.90% during the forecast period (2024-2031).

Growing use of gellan gum in the food, beverage, pharmaceutical, and cosmetic industries is projected to boost market growth over the coming years. Fermentation of a specific bacteria results in the production of gellan gum which is a microbial polysaccharide. It possesses unique gelling, thickening, and stabilizing properties.

Gellan gum is used to improve the mouthfeel, texture, and stability of food and beverages such as desserts, processed foods, and dairy alternatives. Gellan gum can create firm as well as elastic gels in different temperature and pH settings. Gellan gum is widely used as a suspending and emulsifying agent in liquid formulations in the pharmaceutical industry to enable the even distribution of active ingredients in medications and vaccines. It is also popularly used in the personal care and cosmetics industry for its gelling and stabilizing properties that gives structure to products.

Gellan gum is compatible with vegan and vegetarian diets and this is also a factor that is projected to bolster market growth in the long run as the popularity of veganism increases. The high use of gellan gum in the preparation of different consumer goods is slated to primarily augment market development in the future.