Xanthan Gum Market By Form (Powder, Liquid), By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade, Others), By End Use Industry (Food and Beverage, Oil and Gas, Pharmaceutical, Personal Care and Cosmetics, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The Xanthan Gum Market was valued for $0.8 billion in 2018 and is estimated to reach $1.6 billion by 2032, exhibiting a CAGR of 5.9% from 2023 to 2032.
Xanthan gum is used in various end-use industries due to its versatile properties as a thickener, stabilizer, and texturizer. The food & beverage industry is one of the primary consumers of xanthan gum. It is used in a wide range of products, including sauces, dressings, soups, bakery items, dairy products, beverages, and processed food. Xanthan gum helps improve texture, stability, and mouthfeel in these products. Furthermore, xanthan gum is used in personal care products such as lotions, creams, shampoos, and toothpaste. It contributes to desired textures, stabilizes formulations, and enhances the overall sensory experience. Moreover, xanthan gum is used in water-based paints and coatings as a thickener and stabilizer to improve the consistency and flow properties of the products.
Increase in demand for xanthan gum in food and beverage industry
Xanthan gum possesses extraordinary properties as a thickener & stabilizer, owing to these properties it is widely utilized in food & beverage applications. In the food industry, xanthan gum helps in the formulation of innovative product development and is widely utilized in salad dressing, bakery products, range of convenience food, soups, sauces, frozen food, and dairy products including many others. It is an ideal stabilizer to use in salad dressings. In frozen food, it offers better frozen stability, improves texture, and stabilizes emulsions. Furthermore, in bakery products, it improves texture, binds water, and provides easy pourability. Moreover, it is extensively used in low-calorie products to improve texture, bind water, and improve mouthfeel without adding calorie value. Globally, rapid increase in disposable income, change in food preferences, and rise in demand for ready-to-eat meals such as soup & breakfast cereal are responsible for the expansion of the food industry. This in turn increases the demand for xanthan gum as a thickening & stabilizing agent in the food industry and it is expected to drive the global xanthan gum market during the forecast period.
In addition, the demand for convenience food continues to rise globally. Xanthan gum helps maintain the quality and stability of processed food, ensuring they retain their intended texture and appearance throughout their shelf life. This in turn increases the demand for xanthan gum as a thickening & stabilizing agent and it is expected to drive the global xanthan gum market during the forecast period.
The xanthan gum market is segmented into form, grade, end-use industry, and region. On the basis of form, the market is bifurcated into liquid and powder. On the basis of grade, the market is segregated into food grade, industrial grade, pharmaceutical grade, and others. On the basis of end-use industry, it is categorized into food & beverage, oil and gas, pharmaceutical, personal care & cosmetics, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry include Cargill Incorporated, DuPont De Nemours, Inc., The Archer-Daniels-Midland Company, Foodchem International Corporation, Deosen Biochemical Ltd., Tate and Lyle PLC Ingredion Incorporated, CP Kelco ApS, Solvay S.A. and C.E. Roeper GmbH. These players have adopted product launch as their key strategy to strengthen their presence in the market
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the xanthan gum market analysis from 2018 to 2032 to identify the prevailing xanthan gum market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the xanthan gum market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global xanthan gum market trends, key players, market segments, application areas, and market growth strategies.
Analysis of raw material in a product (by %)
Product Life Cycles
Go To Market Strategy
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Reimbursement Scenario
SWOT Analysis
Volume Market Size and Forecast
Key Market SegmentsBy End Use IndustryFood and Beverage
Oil and Gas
Pharmaceutical
Personal Care and Cosmetics
Others
By FormPowder
Liquid
By GradeFood Grade
Industrial Grade
Pharmaceutical Grade
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Russia
Ukraine
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Thailand
Australia
Kazakhstan
Uzbekistan
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market PlayersCargill, Incorporated
DuPont
Ingredion
Solvay
CP Kelco U.S., Inc.
ADM
Foodchem International Corporation
C.E. Roeper GmbH
Tate & Lyle
Deosen Biochemical (Ordos) Ltd.
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