The food and beverage industry uses xanthan, a non-hazardous ingredient with a wide range of nutritional properties and a high carbohydrate and fibre content, extensively. The world market for xanthan gum is expanding as a result of rising consumer demand for food and beverages. Other factors driving the expansion of the global xanthan gum market include the rise in demand for gluten-free food products, a growing preference for convenience foods, and the versatility of xanthan gum. A range of meals, including meat and poultry, dairy products, sauces and dressings, baked goods, confectionary, and other foods, frequently use xanthan gum.
The global Xanthan Gum Market is expected to surpass US$ 570.7 million by the end of 2028 in terms of revenue, exhibiting a CAGR of 3.38% during the forecast period (2021 to 2028).
Prominent Players in the Xanthan Gum Industry:
1. CP Kelco
Kelco Companyfounded 1929, CP Kelco is a nature-based ingredient solutions company experience working with food, beverage, consumer and industrial product manufacturers worldwide. The company has headquarters situated in Atlanta, GA.
In September, 2022 CP Kelco announed partnering with compatriot biotech outfit ExoPolymer to develop and commercialise a portfolio of functional ingredients for the personal care industry.
2. Cargill Inc.
Cargill provides food, agriculture, financial and industrial products and services to the world. The company was founded in 1965. It has headquarters situated in Minnesota, USA and is operational in more than 70 countries / regions. In January, 2023 Cargill announced it has completed the acquisition of Owensboro Grain Company.
3. Archer Daniels Midland Company
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients The Company was founded in 1902 and is headquartered in Chicago, Illinois.
4. Ingredion Incorporated
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. Ingredion Incorporated was founded in 1906. It has headqiuarters situated in Westchester, Illinois and is operational in more than 120 countries. In November, 2022 Ingredion Incorporated announced the signing of an exclusive commercial distribution partnership with InnovoPro leading Foodtech chickpea Solutions Company, to distribute a chickpea protein concentrate in the U.S. and Canada.
5. Solvay S.A.
Solvay SA provides advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. In January, 2023 Solvay launches the first ISCC PLUS certified mass balance vanillin.
6. E. I. du Pont de Nemours and Company
The company was founded in 1801, E.I. du Pont de Nemours & Co is a diversified chemical company operating in more than 80 countries. Its massive portfolio includes agriculture, feed and nutrition, electronics and communication, construction and transportation, and safety and protection. DuPont has tried to move into more specialized products. In September, 2019 DuPont Nutrition & Biosciences announced its intent to enter into a strategic collaboration with BY-HEALTH, a leading consumer health care company in China. The strategic collaboration would focus generally on research and development of probiotic dietary supplements with “new functions, new ingredients and new technologies,” including joint research on intestinal microecology and the development of new probiotic dietary supplements and applications for use.
7. Fufeng Group Company Ltd.
Fufeng Group Limited, an investment holding company, engages in the manufacture and sale of fermentation-based food additive, and biochemical and starch-based products in the People's Republic of China and internationally. Fufeng Group Limited was founded in 1999 and is based in Linyi, the People's Republic of China.
8. FMC BioPolymer
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. FMC Corporation was founded in 1883 and is headquartered in Philadelphia, Pennsylvania. In December, 2022 FMC Corporation a leading global agricultural sciences company, and Micropep Technologies (Micropep), a global leader in micropeptide technology, today announced a strategic collaboration to develop biological solutions to control destructive herbicide-resistant weeds that reduce crop yields.
9. Fuerst Day Lawson
Founded in 1884, Fuerst Day Lawson is a leading provider of food, beverage and specialty chemical ingredients. It has headquarters situated in London, England.
10. Zoranoc Oilfield Chemical Co., Ltd
Founded in 2007, Zoranoc Oilfield Chemical Co., Ltd. (hereafter shorted as ZORANOC) is a world leading manufacturer and supplier of oil field chemiclas, pipeline drag reducer, petroleum refining additives and oil well cementing chemicals. It has headquarters situated in Qingdao, China.
*Definition- A polysaccharide, xanthan gum is frequently used as a food additive, stabiliser, and thickening agent. As a stabilising agent, xanthan gum is mostly utilised in gluten-free bread goods and inhibits the separation of food ingredients.
