Global Xanthan Gum Market is valued at approximately USD 428.4 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2022-2028. Xanthan gum is a microbial polysaccharide that is utilized as a thickener in a variety of sectors including food and beverages, cosmetics, and pharmaceuticals. Other names for it include bacterial polysaccharide and maize sugar gum. Corn sugar is fermented with a bacteria called Xanthomonas Campestris to produce xanthan gum. Xanthan gum also reduces sugar absorption in the digestive tract and acts like saliva to moisten the lips of those suffering from Sjogren's syndrome. Xanthan gums are also employed in oil and gas industry. The baking and confectionery sector accounts for the majority of xanthan gum demand. The market growth is driven by key factors such as increase in demand for gluten-free food products and increase in consumption of convenience foods. Gluten is a kind of protein present in wheat, rye, and barley that has been the subject of much debate in recent years. Although gluten is commonly linked with bread and baked products, it may also be present in a variety of other foods and beverages. For instance, between 2020 and 2025, the worldwide market for gluten-free food is predicted to grow significantly, from USD 5.6 billion to USD 8.3 billion. However, guar gum as a substitute for Xanthan Gum impedes the growth of the market over the forecast period of2022-2028.
The key regions considered for the global Xanthan Gum Market study include: Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is dominating the global market share owing to rising standard of living, and expansion of retail stores. However, North America is the fastest growing region due to rising obesity rate and changing lifestyles of people.
Major market players included in this report are:
- CP Kelco U.S., Inc
- Cargill Inc
- Deosen Biochemical Ltd.
- Hebei Xinhe Biochemical Co. Ltd.
- Archer Daniels Midland Company
- Meihua Holdings Group Co. Ltd.
- DuPont
- Fufeng Group
- Ingredion
- Solvay S.A
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 Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Function:
- Thickening Agent
- Stabilizing Agent
- Suspending Agent
- Glutin Replacer
By Application:
- Food and Beverages
- Pharmaceuticals
- Personal care and Cosmetics
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019, 2020
- Base year - 2021
- Forecast period - 2022 to 2028
Target Audience of the Global Xanthan 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
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Xanthan Gum Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Xanthan Gum Market, by Function, 2020-2028 (USD Million)
- 1.2.3. Xanthan Gum Market, by Application, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Xanthan Gum Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Xanthan Gum Market Dynamics
- 3.1. Xanthan Gum Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increase in Demand for Gluten-Free Food Products
- 3.1.1.2. Increase in Consumption of Convenience Foods
- 3.1.2. Market Challenges
- 3.1.2.1. Guar Gum as A Substitute for Xanthan Gum
- 3.1.3. Market Opportunities
- 3.1.3.1. Emerging Markets: Immense Potential for the Market
- 3.1.3.2. Growth of the Oil & Gas Industry
Chapter 4. Global Xanthan Gum Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Xanthan Gum Market, by Function
- 6.1. Market Snapshot
- 6.2. Global Xanthan Gum Market by Function, Performance - Potential Analysis
- 6.3. Global Xanthan Gum Market Estimates & Forecasts by Function, 2018-2028 (USD Million)
- 6.4. Xanthan Gum Market, Sub Segment Analysis
- 6.4.1. Thickening Agent
- 6.4.2. Stabilizing Agent
- 6.4.3. Suspending Agent
- 6.4.4. Glutin Replacer
Chapter 7. Global Xanthan Gum Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Xanthan Gum Market by Application, Performance - Potential Analysis
- 7.3. Global Xanthan Gum Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
- 7.4. Xanthan Gum Market, Sub Segment Analysis
- 7.4.1. Food and Beverages
- 7.4.2. Pharmaceuticals
- 7.4.3. Personal care and Cosmetics
Chapter 8. Global Xanthan Gum Market, Regional Analysis
- 8.1. Xanthan Gum Market, Regional Market Snapshot
- 8.2. North America Xanthan Gum Market
- 8.2.1. U.S. Xanthan Gum Market
- 8.2.1.1. Function breakdown estimates & forecasts, 2018-2028
- 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Xanthan Gum Market
- 8.3. Europe Xanthan Gum Market Snapshot
- 8.3.1. U.K. Xanthan Gum Market
- 8.3.2. Germany Xanthan Gum Market
- 8.3.3. France Xanthan Gum Market
- 8.3.4. Spain Xanthan Gum Market
- 8.3.5. Italy Xanthan Gum Market
- 8.3.6. Rest of Europe Xanthan Gum Market
- 8.4. Asia-Pacific Xanthan Gum Market Snapshot
- 8.4.1. China Xanthan Gum Market
- 8.4.2. India Xanthan Gum Market
- 8.4.3. Japan Xanthan Gum Market
- 8.4.4. Australia Xanthan Gum Market
- 8.4.5. South Korea Xanthan Gum Market
- 8.4.6. Rest of Asia Pacific Xanthan Gum Market
- 8.5. Latin America Xanthan Gum Market Snapshot
- 8.5.1. Brazil Xanthan Gum Market
- 8.5.2. Mexico Xanthan Gum Market
- 8.6. Rest of The World Xanthan Gum Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. CP Kelco U.S., Inc
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Cargill Inc
- 9.2.3. Deosen Biochemical Ltd.
- 9.2.4. Hebei Xinhe Biochemical Co. Ltd.
- 9.2.5. Archer Daniels Midland Company
- 9.2.6. Meihua Holdings Group Co. Ltd.
- 9.2.7. DuPont
- 9.2.8. Fufeng Group
- 9.2.9. Ingredion
- 9.2.10. Solvay S.A
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption