Xanthan Gum Market - Global Industry Analysis

Xanthan Gum Market by Function (Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials and Others), by Form (Dry and Liquid), by Application (Food & Beverages, Oil & Gas, Pharmaceuticals & Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 13-Apr-2021 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-288 Status : Published

Global xanthan gum market accounted for USD 432.1 Million in 2020 and is expected to reach USD 572.7 Million by 2028, growing at a CAGR of 3.7% from 2021 to 2028.

Description

Market Overview

The global xanthan gum market accounted for USD 432.1 Million in 2020 and is expected to reach USD 572.7 Million by 2028, growing at a CAGR of 3.7% from 2021 to 2028.

Xanthan Gum is a general food additive which is used as a thickening agent or stabilizer to avert parting of ingredients. It is created by fermenting sugar with a bacterium called as Xanthomonas campestris.  The xanthan gum is also used in applications such as oil & gas, pharmaceuticals, personal care products, and ceramic glazes. The major factor for driving the market is its extensive use in the processed food industry as a preservative. It’s use in salad dressing as a stabilizer and thickener keeps the herbs or spices from settling out. It is also used in various sauces because of its low pH and high salts property. The recent progress in producing xanthan gum and its higher productivity has led many companies to invest in the market.

Global Xanthan Gum Market (USD Million)
COVID-19 Impact Analysis

COVID-19 pandemic has caused both economic and social disruption. The supply chain and value chain of various industries have also been impacted by the pandemic. The market is likely to witness surge in the demand in 2021 owing to the swift recovery of the global economy.

Global Xanthan Gum Market

Growth Factors

The rising food and beverages industry including gluten free products, bakery products, sauces, dairy products, pet foods and various other food products has been a key factor for the expansion of the xanthan gum market. Its use in bakery products because of its viscosity property and as a partial substitute as ingredient in various other products has augmented the growth of the market.

Growing demand for high quality personal care products such as skin care, personal use products and bathing products is expected to thrive the industry. Xanthan gum being a good binding agent, and its effective properties such as a thickener, water retaining creates a very smooth and even textured product. Its ability to act as a good anti-aging product has attracted many consumers to use these products. Along with that, the increasing awareness of its safety in skincare should in turn increase the market value.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Function Segment Analysis          

Thickeners segment held a share of around 24.19% in 2020. The xanthan gum market has been bifurcated on the basis of function segment into thickeners, stabilizers, gelling agents, fat replacers, coating materials and others. Stabilizers accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. Stabilizers are group of compounds that are highly used in food industry such as ice-creams, dairy products, bakery products, salads dressing and many other industries. This is due to its properties of emulsification, maintaining the consistency of the food and keeping it from degrading.

Application Industry Segment Analysis Preview

Oil & gas segment will grow at a CAGR of over 4.2% from 2021 to 2028. The application segment of xanthan gum market has been classified into food & beverages, oil & gas, pharmaceuticals & personal care and others. The food & beverages sector tends to hold maximum share as increasing demand for good grade products and processed food. The growing competition in the food industry and emerging trends in the development is pushing many companies to invest in the market.

Regional Analysis Preview

The North America region holds a share of 28.17% in 2020. This is attributable to the presence of top companies such as Cargill, E. I. Du Pont De Nemours and Company, and Archer Daniels Midland Company, among others. Moreover, the increasing usage of xanthan gum in high quality elements and pharmaceuticals is expected to generate huge demand for the market in this region.

 

The Asia Pacific region is projected to grow at a CAGR of 4.31% over the forecast period. The Asia Pacific region is projected to grow at a significant rate owing to the rising demand for natural and processed food & beverage products and growing health awareness among consumers.

Key Market Players & Competitive Landscape

Some of key players in Xanthan Gum Market are Cargill, E. I. Du Pont De Nemours and Company, Archer Daniels Midland Company, TIC Gums, Solvay, Fufeng Group Company Ltd., Ingredion Incorporated, Cp Kelco, Jungbunzlauer Suisse AG, Fuerst Day Lawson, Hebei Xinhe Biochemical Co Ltd., Deosen Biochemical Ltd., Gum Technology Corporation, Meihua Holdings Group Co. Ltd, and Wego Chemical Group among others. 

The global Xanthan Gum Market is segmented as follows:

By Function

  • Thickeners
  • Stabilizers
  • Gelling Agents
  • Fat Replacers
  • Coating Materials
  • Others

By Form

  • Dry
  • Liquid

By Application

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.1.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Xanthan Gum Market, 2016 – 2028 (USD Million)
    • 3.2.Global Xanthan Gum Market: Snapshot
  • Chapter 4.Xanthan Gum Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Xanthan Gum
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Xanthan Gum Market Attractiveness, By Function
    • 5.2.Global Xanthan Gum Market Attractiveness, By Form
    • 5.3.Global Xanthan Gum Market Attractiveness, By Application
    • 5.4.Global Xanthan Gum Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Xanthan Gum Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Xanthan Gum Market Overview: by Function
      • 7.1.1.Global Xanthan Gum Market Revenue Share, by Function, 2019 & 2026
    • 7.2.Global Xanthan Gum Market Analysis/Overview – By Function
      • 7.2.1.Thickeners – Overview/Analysis
      • 7.2.2.Stabilizers – Overview/Analysis
      • 7.2.3.Gelling Agents – Overview/Analysis
      • 7.2.4.Fat Replacers – Overview/Analysis
      • 7.2.5.Coating Materials – Overview/Analysis
      • 7.2.6.Others – Overview/Analysis
    • 7.3.Thickeners
      • 7.3.1.Global Xanthan Gum Market for Thickeners, Revenue (USD Million) 2016 - 2028
    • 7.4.Stabilizers
      • 7.4.1.Global Xanthan Gum Market for Stabilizers, Revenue (USD Million) 2016 - 2028
    • 7.5.Gelling Agents
      • 7.5.1.Global Xanthan Gum Market for Gelling Agents, Revenue (USD Million) 2016 - 2028
    • 7.6.Fat Replacers
      • 7.6.1.Global Xanthan Gum Market for Fat Replacers, Revenue (USD Million) 2016 - 2028
    • 7.7.Coating Materials
      • 7.7.1.Global Xanthan Gum Market for Coating Materials, Revenue (USD Million) 2016 - 2028
    • 7.8.Others
      • 7.8.1.Global Xanthan Gum Market for Others, Revenue (USD Million) 2016 - 2028
    • 8.1.Global Xanthan Gum Market Overview: by Form
      • 8.1.1.Global Xanthan Gum Market Revenue Share, by Form, 2019 & 2026
    • 8.2.Global Xanthan Gum Market Analysis/Overview – By Form
      • 8.2.1.Dry – Overview/Analysis
      • 8.2.2.Liquid – Overview/Analysis
    • 8.3.Dry
      • 8.3.1.Global Xanthan Gum Market for Dry, Revenue (USD Million) 2016 - 2028
    • 8.4.Liquid
      • 8.4.1.Global Xanthan Gum Market for Liquid, Revenue (USD Million) 2016 - 2028
    • 9.1.Global Xanthan Gum Market Overview: by Application
      • 9.1.1.Global Xanthan Gum Market Revenue Share, by Application, 2019 & 2026
    • 9.2.Global Xanthan Gum Market Analysis/Overview – By Application
      • 9.2.1.Food & Beverages – Overview/Analysis
      • 9.2.2.Oil & Gas – Overview/Analysis
      • 9.2.3.Pharmaceuticals & Personal Care – Overview/Analysis
      • 9.2.4.Others – Overview/Analysis
    • 9.3.Food & Beverages
      • 9.3.1.Global Xanthan Gum Market for Food & Beverages, Revenue (USD Million) 2016 - 2028
    • 9.4.Oil & Gas
      • 9.4.1.Global Xanthan Gum Market for Oil & Gas, Revenue (USD Million) 2016 - 2028
    • 9.5.Pharmaceuticals & Personal Care
      • 9.5.1.Global Xanthan Gum Market for Pharmaceuticals & Personal Care, Revenue (USD Million) 2016 - 2028
    • 9.6.Others
      • 9.6.1.Global Xanthan Gum Market for Others, Revenue (USD Million) 2016 - 2028
  • Chapter 10.Xanthan Gum Market – Regional Analysis
    • 10.1.Global Xanthan Gum Market: Regional Overview
      • 10.1.1.Global Xanthan Gum Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Xanthan Gum Market Revenue, by Region, 2016 – 2028 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
      • 10.2.2.North America Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
      • 10.2.3.North America Xanthan Gum Market Revenue, by Function, 2016 – 2028
      • 10.2.4.North America Xanthan Gum Market Revenue, by Form, 2016 – 2028
      • 10.2.5.North America Xanthan Gum Market Revenue, by Application, 2016 – 2028
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
      • 10.3.2.Europe Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
      • 10.3.3.Europe Xanthan Gum Market Revenue, by Function, 2016 – 2028
      • 10.3.4.Europe Xanthan Gum Market Revenue, by Form, 2016 – 2028
      • 10.3.5.Europe Xanthan Gum Market Revenue, by Application, 2016 – 2028
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
      • 10.4.2.Asia Pacific Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
      • 10.4.3.Asia Pacific Xanthan Gum Market Revenue, by Function, 2016 – 2028
      • 10.4.4.Asia Pacific Xanthan Gum Market Revenue, by Form, 2016 – 2028
      • 10.4.5.Asia Pacific Xanthan Gum Market Revenue, by Application, 2016 – 2028
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
      • 10.5.2.Latin America Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
      • 10.5.3.Latin America Xanthan Gum Market Revenue, by Function, 2016 – 2028
      • 10.5.4.Latin America Xanthan Gum Market Revenue, by Form, 2016 – 2028
      • 10.5.5.Latin America Xanthan Gum Market Revenue, by Application, 2016 – 2028
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
      • 10.6.2.The Middle-East and Africa Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
      • 10.6.3.The Middle-East and Africa Xanthan Gum Market Revenue, by Function, 2016 – 2028
      • 10.6.4.The Middle-East and Africa Xanthan Gum Market Revenue, by Form, 2016 – 2028
      • 10.6.5.The Middle-East and Africa Xanthan Gum Market Revenue, by Application, 2016 – 2028
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.Cargill
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfolio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2. E. I. Du Pont De Nemours and Company
    • 11.3.Archer Daniels Midland Company
    • 11.4.TIC Gums
    • 11.5.Sulvay
    • 11.6.Fufeng Group Company Ltd.
    • 11.7.Ingredion Incorporated
    • 11.8.Cp Kelco
    • 11.9.Jungbunzlauer Suisse AG
    • 11.10.Fuerst Day Lawson
    • 11.11.Hebei Xinhe Biochemical Co Ltd.
    • 11.12.Deosen Biochemical Ltd.
    • 11.13.Gum Technology Corporation
    • 11.14.Meihua Huldings Group Co. Ltd
    • 11.15.Wego Chemical Group

Table Of Figures

List of Figures  

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Xanthan Gum Market
FIG. 6 Global Xanthan Gum Market Attractiveness, By Function
FIG. 7 Global Xanthan Gum Market Attractiveness, By Form
FIG. 8 Global Xanthan Gum Market Attractiveness, By Application
FIG. 9 Global Xanthan Gum Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Xanthan Gum Market Revenue Share, by Function, 2019 & 2026
FIG. 12 Global Xanthan Gum Market for Thickeners, Revenue (USD Million) 2016 - 2028
FIG. 13 Global Xanthan Gum Market for Stabilizers, Revenue (USD Million) 2016 - 2028
FIG. 14 Global Xanthan Gum Market for Gelling Agents, Revenue (USD Million) 2016 - 2028
FIG. 15 Global Xanthan Gum Market for Fat Replacers, Revenue (USD Million) 2016 - 2028
FIG. 16 Global Xanthan Gum Market for Coating Materials, Revenue (USD Million) 2016 - 2028
FIG. 17 Global Xanthan Gum Market for Others, Revenue (USD Million) 2016 - 2028
FIG. 18 Global Xanthan Gum Market Revenue Share, by Form, 2019 & 2026
FIG. 19 Global Xanthan Gum Market for Dry, Revenue (USD Million) 2016 - 2028
FIG. 20 Global Xanthan Gum Market for Liquid, Revenue (USD Million) 2016 - 2028
FIG. 21 Global Xanthan Gum Market Revenue Share, by Application, 2019 & 2026
FIG. 22 Global Xanthan Gum Market for Food & Beverages, Revenue (USD Million) 2016 - 2028
FIG. 23 Global Xanthan Gum Market for Oil & Gas, Revenue (USD Million) 2016 - 2028
FIG. 24 Global Xanthan Gum Market for Pharmaceuticals & Personal Care, Revenue (USD Million) 2016 - 2028
FIG. 25 Global Xanthan Gum Market for Others, Revenue (USD Million) 2016 - 2028
FIG. 26 Global Xanthan Gum Market Revenue Share, by Region, 2019 & 2026
FIG. 27 North America Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 28 Europe Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 29 Asia Pacific Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 30 Latin America Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 31 The Middle-East and Africa Xanthan Gum Market Revenue, 2016 - 2028 (USD Million)
FIG. 32 Cargill Business Segment Revenue Share, 2018 (%)
FIG. 33 Cargill Geographical Segment Revenue Share, 2018 (%)


Table Of Tables

List of Tables 

TABLE 1 Global Xanthan Gum Market: Snapshot
TABLE 2 Drivers of the Xanthan Gum Market: Impact Analysis
TABLE 3 Restraints for the Xanthan Gum Market: Impact Analysis
TABLE 4 Global Xanthan Gum Market Revenue, by Region, 2016 – 2028 (USD Million)
TABLE 5 North America Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 6 North America Xanthan Gum Market Revenue, by Function, 2016 – 2028 (USD Million)
TABLE 7 North America Xanthan Gum Market Revenue, by Form, 2016 – 2028 (USD Million)
TABLE 8 North America Xanthan Gum Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 9 Europe Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 10 Europe Xanthan Gum Market Revenue, by Function, 2016 – 2028 (USD Million)
TABLE 11 Europe Xanthan Gum Market Revenue, by Form, 2016 – 2028 (USD Million)
TABLE 12 Europe Xanthan Gum Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 13 Asia Pacific Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 14 Asia Pacific Xanthan Gum Market Revenue, by Function, 2016 – 2028 (USD Million)
TABLE 15 Asia Pacific Xanthan Gum Market Revenue, by Form, 2016 – 2028 (USD Million)
TABLE 16 Asia Pacific Xanthan Gum Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 17 Latin America Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 18 Latin America Xanthan Gum Market Revenue, by Function, 2016 – 2028 (USD Million)
TABLE 19 Latin America Xanthan Gum Market Revenue, by Form, 2016 – 2028 (USD Million)
TABLE 20 Latin America Xanthan Gum Market Revenue, by Application, 2016 – 2028 (USD Million)
TABLE 21 The Middle-East and Africa Xanthan Gum Market Revenue, by Country, 2016 – 2028 (USD Million)
TABLE 22 The Middle-East and Africa Xanthan Gum Market Revenue, by Function, 2016 – 2028 (USD Million)
TABLE 23 The Middle-East and Africa Xanthan Gum Market Revenue, by Form, 2016 – 2028 (USD Million)
TABLE 24 The Middle-East and Africa Xanthan Gum Market Revenue, by Application, 2016 – 2028 (USD Million)
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Xanthan Gum market. Zion Research has collected and analyzed key data belong to the global Xanthan Gum market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Xanthan Gum across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Xanthan Gum industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Xanthan Gum market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Xanthan gum is a microbial polysaccharide widely used for thickening and stabilizing effect on emulsions and suspensions, particularly in the food industry as a thickener, stabilizer, emulsifier, rheology modifier and food additive. Xanthan gum is also used in various chemical applications such as; adhesives, ceramic glazes, drilling muds, foundry compounds, paints and coatings, pesticides, latex emulsions, and textiles. Xanthan gum is produced by fermenting corn sugar with bacteria Xanthomonas Campestris.

Global xanthan gum market is expected to witness a significant growth over the forecast period owing to a rapid surge in the oil and gas industry. Xanthan gum is mainly utilized in the recovery of oil due to its unique properties such as excellent viscosifying ability, high tolerance to salinity, and temperature. Xanthan gum is suitable for tertiary oil recovery and enhanced oil recovery (EOR) in oil production. Its strong heat resistance properties make it a reliable displacing agent and mobile control agent in an improved oil recovery process. Furthermore, increase use of food additive and emulsifier in food such as; peanut butter, chocolate, salad dressings, frozen desserts and margarine are expected to drive the market for xanthan gum.

On the basis of application, the global xanthan gum market is classified into oil & gas, food & beverages, pharmaceutical, cosmetics and others. Among these, oil and gas were the largest application segment of xanthan gum market in 2015. Furthermore, it is also expected to be one of the fastest growing segments of xanthan gum market owing to increasing oil and gas products coupled with advancing investment and technology for oil & gas production. Food & beverage was one of the largest application segments of Xanthan gum market in 2015 owing to its wide applications in the food industry. Other applications include adhesives, textiles, lubricants, etc. The usage of Xanthan gum in these diverse applications is expected to exhibits the remarkable growth of the market in near future.

Asia pacific was the leading market for xanthan gum in 2015 and it accounted for more than 50% of global xanthan gum market. The growth in the region is attributed to various factors such as rapid economic development, supporting government policies, and expansion of food processing industry in the region.  Additionally, rising oil and gas production in China and India is expected to have the positive impact on overall xanthan gum market in future. Positive regulatory support from the U.S. Food and Drug Administration (FDA) and European Commission for the use of xanthan gum as emulsifiers, stabilizers, thickeners and gelling agents is further expected to provide momentum to market.

Some of the key manufacturers of global Xanthan gum market include Fufeng Group Company Ltd, Cargill, Hebei Xinhe Biochemical Co Ltd, Archer-Daniels-Midland Company, Deosen Biochemical Ltd, Gum Technology Corporation, Meihua Holdings Group Co. Ltd, DuPont, CP Kelco U.S. Inc, Wego Chemical Group and Jungbunzlauer AG.

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FrequentlyAsked Questions

The global xanthan gum market was valued at USD 432.1 Million in 2020.

The global xanthan gum market is expected to reach USD 572.7 Million by 2028, growing at a CAGR of 3.7% between 2021 to 2028.

Some of the key factors driving the global xanthan gum market growth is its extensive use in the processed food industry as a preservative.

North America region held a substantial share of the xanthan gum market in 2020. This is attributable to the presence of major players such as Cargill, E. I. Du Pont De Nemours and Company, Archer Daniels Midland Company, among others.

Some of the major companies operating in the xanthan gum market are Cargill, E. I. Du Pont De Nemours and Company, Archer Daniels Midland Company, TIC Gums, Solvay, Fufeng Group Company Ltd., Ingredion Incorporated, Cp Kelco, Jungbunzlauer Suisse AG, and Fuerst Day Lawson, among others.

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