Global Gellan Gum Market to reach USD XX billion by 2027.Global Gellan Gum Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Gellan Gum is an additive that is used to stabilize, bind, or texturize processed foods. It is also used in cosmetic industry. The global Gellan Gum market is being driven by expanding food industry due to large consumption patterns around the world along with increasing population. The other driving factor for the market is the introduction of new products in the market. For instance, in February 2021, Jungbunzlauer company launched the new high acyl gellan gum under the brand name TayaGel?(R). Also, in 2019, DSM Hydrocolloids launched new brandings for gellan gum under the Gellaneer and others. However, availability of substitutes and stringent guidelines may impede market growth over the forecast period of 2021-2027. Also, with the growth of end uses such as cosmetics and pharmaceuticals and the benefits of using Gellan Gum such as reduction of blood sugar, appetite and cholesterol, it also prevents a color change in the final product and others thedemand for Gellan Gum is expected to increase over the forecast period.

The global Gellan Gum Market is segmented for the regional analysis on the basis of key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to presence of large manufacturing companies and developed end-use industries have stimulated product demand in the region. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to the favorable government initiatives to promote manufacturing industries and large consumption of food products in the region.

Major market player included in this report are:
Zhejiang Zhongken Biotech Co. Ltd.
Biopolymer International
Dancheng Caixin sugar industry Co. Ltd.
DSM
IHC Chempharm
CP Kelco
Nanjing Joyfulchem Co., Ltd.
Xinjiang Fufeng Biotechnologies Co. Ltd.,
H and A Canada
Hawkins Watts Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
High Acyl Content
Low Acyl Content
By Application:
Food
Confectionary
Jams and Jellies
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Gellan Gum Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors