Global Gellan Gum market will reach 550 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/26

The ability of a gellan gum is to maintain the structuring and elasticity of the molecules, thus prevents ingredients from the changing temperature. This particular factor is likely to grow the demand for the product in the market. The gellan gum is also been used as a substitute to gelatin in the production of vegan varieties of gum candies. This lead to fuel the growth of the market. Several international events were organized to promote the use of gellan gum to raise its consumer base across the globe. This factor creates positive impact on the market in the near future.

However, increasing rates of these products is likely to restrain the growth of the worldwide market for gellan gum during the anticipated period.

The global Gellan Gum market is valued at 370 million US$ in 2018 is expected to reach 550 million US$ by the end of 2025, growing at a CAGR of 4.9% during 2019-2025.

Click to view the full report:
https://www.qyresearch.com/index/detail/964815/global-gellan-gum-industry-professional
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-86655165
Contact:press@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.