The xanthan gum market is estimated to be valued at USD 735.3 Mn in 2024 and, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. Xanthan gum is a polysaccharide produced by the fermentation of glucose or sucrose by the bacterium Xanthomonas campestris. It is commonly used as a food additive and thickening agent. It has excellent thickening and emulsion stabilizing properties even at low concentrations and remains stable under extreme temperature variations. It is highly pH tolerant and provides improved mouthfeel in food products. It has widespread applications in the food and pharmaceutical industries as a stabilizer, emulsifier, and suspending agent.
Market Dynamics:
The global xanthan gum market is driven by the increasing demand from the food industry. Xanthan gum is widely used as a thickening and stabilizing agent in sauces, dressings, and soups. It helps improve texture and prevent separation. The growing consumption of convenient and packaged food worldwide augments the demand for xanthan gum. However, the availability of cheap substitutes like guar gum and cellulose gum poses a threat to the market growth. Rising awareness about the adverse effects of synthetic thickeners and stabilizers presents an opportunity for xanthan gum producers to promote it as a clean label and natural ingredient. Food safety regulations supporting the use of natural additives will further aid the market expansion.
Key Features of the Study:
- This report provides in-depth analysis of the global xanthan gum market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global xanthan gum market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include 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, Ingredion Incorporated, Solvay S.A, Akshar Chemical India Private Limited, Vasundhara Industries, Madhu Hydrocolloids Pvt. Ltd., Chem-fert Chemicals, JM Huber Corporation , Mitsubishi Corporation, International Flavours and Fragrances Inc, C.E. Roeper GmbH, and Deosen Biochemical Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global xanthan gum market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global xanthan gum market.
Detailed Segmentation-
- By Form:
- By Function:
- Thickeners
- Stabilizers
- Fat Replacers
- Coating Materials
- Gelling Agents
- Others
- By End-Use Industry:
- Food & Beverages
- Meat and Poultry
- Bakery
- Confectionery
- Pharmaceuticals
- Oil and Gas
- Agrochemicals
- Paints and Coatings
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- 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
- Ingredion Incorporated
- Solvay S.A
- Akshar Chemical India Private Limited
- Vasundhara Industries
- Madhu Hydrocolloids Pvt. Ltd.
- Chem-fert Chemicals
- JM Huber Corporation
- Mitsubishi Corporation
- International Flavours and Fragrances Inc
- C.E. Roeper GmbH
- Deosen Biochemical Ltd
