The global xanthan gum market size was estimated to be US$ 910 million in 2020 and is expected to reach US$ 1.85 billion by 2031 at a CAGR of 6.7%.
Xanthan gum is a typical food added substance that is utilized as a substitute for gluten, which is the protein that gives wheat flour its structure and is for the most part utilized with non-gluten containing flour to make sans gluten items having great structure and texture.
It is likewise referred to by different names like bacterial polysaccharide, and corn sugar gum. Xanthan gum is made by maturing corn sugar with a bacterium named Xanthomonas Campestris. Xanthan gum is profoundly dissolvable in cold water just as boiling water, and is equipped for engrossing more water in overabundance to its own weight, hence creating a gel.
After the utilization of food containing xanthan gum, it grows in the digestive system and invigorates the digestive tract. Xanthan gum additionally eases back the retention of sugar in the digestive tract and capacities like saliva in order to grease up the mouth of individuals who have Sjogren's condition. Xanthan gums are additionally utilized in penetrating exercises in the oil and gas domain.
Xanthan also known as a non-hazardous added chemical substance, which is related with different dietary attributes, alongside high starches and fiber content, has its wide application in the food and beverages industry. Booming demand for food and beverages is, thus, propelling development of the xanthan gum market. Besides, evolving demand for gluten-free food items, developing tendency towards comfort food, and the multi-usefulness of xanthan gum are a portion of different aspects adding to development of the worldwide xanthan gum market.
It is broadly utilized as a limiting specialist in beauty care products and personal grooming and care items. It is likewise utilized in manufacturing of creams, moisturizers, sunscreens, and anti-ageing provisions. Expanding rivalry in surface level industry and rising demand for excellent skin molding specialists is probably going to support item interest. Another limitation for the xanthan gum market is that it isn't appropriate for individuals with specific hypersensitivities and allergy like disorders.
The market development is credited to the wide scope of capacities it offers including thickeners, stabilizers, fat substitute, covering material, gelling specialist, compost, cleanser, cements and sealants and others that can be utilized in food, beverage, drug, and personal care and grooming items.
Industry players are attempting to make xanthan gum arrangements that surpass the current health guidelines to remain cutthroat in the post corona economy circumstances. Spread out instances of Coronavirus and intense limitations on development and exchange are probably going to assist item demand in coming years. Makers are quickly captivating in long haul contracts with providers trying to proceed with manufacturing inside restricted implementations.
Asia Pacific is assessed to be the biggest area for xanthan gum market during the forecast time frame of 2022-2032, and will observe a CAGR that is one of the greatest on the lookout. The cardinal point for development of xanthan gum market in Asia Pacific is the vigorous development of the food preparing industry in the province.
Global Xanthan Gum Market Value Share Analysis, by Geography (2022)
The report titled “Global Xanthan Gum Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2020 is the historic period, 2022 is the base year, and 2023 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Xanthan Gum Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Xanthan Gum market is segmented as type, form, application and region. Based on type, the Xanthan Gum market is segmented into synthetic, natural, and other. Based on form, the Xanthan Gum market is segmented into liquid, dry, and other. Based on application, the Xanthan Gum market is segmented into food & beverage (Bakery & confectionery, meat industry, sauces and dressings, beverages, and others), pharmaceuticals, personal care, oil & gas, and other. Based on geography, the Global Xanthan Gum Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Xanthan Gum Market. Further, market share of prominent companies in the Global Xanthan Gum Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Xanthan Gum companies. The Global Xanthan Gum Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Xanthan Gum business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Xanthan Gum Market.
The key players of the Global Xanthan Gum Market are CP Kelco, Cargill Inc., E. I. Du Pont De Nemours and Company, Fufeng Group Company Ltd., FMC BioPolymer, Archer Daniels Midland Company, Fuerst Day Lawson, Zoranoc Oilfield Chemical Co., Ltd, and Ingredion Incorporated, and others.
Global Xanthan Gum Market Key Segments:
Based on type
Based on form
Based on application
By Region
The global Xanthan Gum market is expected to reach US$ 1.85 billion by 2031
Key Xanthan Gum market players are CP Kelco, Cargill Inc., E. I. Du Pont De Nemours and Company, Fufeng Group Company Ltd., FMC BioPolymer, Archer Daniels Midland Company, Fuerst Day Lawson, Zoranoc Oilfield Chemical Co., Ltd, and Ingredion Incorporated and others.
The global Xanthan Gum market is estimated to exhibit a CAGR of 6.7% through 2031.
The major applications of Xanthan Gum include Commercial, Industrial and Residential.
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