Xanthan Gum Market (Function - Thickening, Stabilizing, and Suspension; Application - Drilling, Food and Beverages, Personal Care Product, Pharmaceutical, and Paper & Coatings): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

A recent report published by Infinium Global Research on the xanthan gum market provides an in-depth analysis of segments and sub-segments in the global as well as regional xanthan gum market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional xanthan gum market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global xanthan gum market. According to the report, the global xanthan gum market is projected to grow at a significant CAGR over the forecast period of 2022-2028. 

Market Insight

Xanthan gum is a polysaccharide made by the bacterium Xanthomonas campestris. Xanthan gum is frequently used as a thickening agent and food additive, particularly in salads. It is created either by adding powered polysaccharides to a liquid media to create gum or by the fermentation of different sugars such as lactose, sucrose, and glucose. Additionally, it serves as a lubricant in a variety of drilling operations and as a stabilizing ingredient in cosmetic and personal care products. The market for xanthan gum is expected to develop as a result of an increase in the usage of the substance as an emulsion in a variety of products, including salad dressing, toppings, relishes, sauces, non-fat milk, dairy products, baked goods, and frozen foods. Additionally, during the course of the projection period, this market's expansion is projected to be aided by the expanding cosmetics industry and cheaper xanthan gum. The U.S., and other developed economies strengthened anti-dumping regulations as well as China, the world's largest manufacturer of xanthan gum, providing products of questionable quality are two major factors limiting the market for xanthan gum. 

As a non-hazardous ingredient with numerous nutritional benefits, including high levels of carbs and fiber, xanthan finds extensive use in the food and beverage sector. In response, rising consumer demand for food and beverages is fueling the expansion of the world's xanthan gum market. Additional factors driving the expansion of the worldwide xanthan gum market include the rising need for gluten-free food products, the rising popularity of convenience foods, and the versatility of xanthan gum. The market limitation for xanthan gum is the availability of the substitute known as guar gum, which is also a polysaccharide produced from natural sources and has properties and applications comparable to xanthan gum. Market expansion is expected to be constrained by guar gum's ability to displace xanthan gum. Globally, consumers are becoming more health concerned, and they are more likely to choose organic food items and raw resources. Additionally, people are encouraged to buy more organic goods by the assumption that biological and healthier items exist. Particularly among younger consumers, whose demand for healthier food options is on the rise. The numerous advantages of organic xanthan gum have also increased consumer demand for it. Furthermore, the demand for organic and gluten-free xanthan gum is being supported by the rise in celiac disease cases and the prevalence of other sensitivities brought on by gluten-based foods. 

Geographically, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to capture the largest market share along with the U.S., having the highest rate of growth. The expansion of xanthan gum use in the food sector as an emulsifier, flavor enhancer, stabilizer, thickener, and a texturizer. The demand for xanthan gum in the North American market is being driven by consumers' growing concern for eating a healthy diet. Due to the ongoing expansion of shale gas production and oil drilling in the North American region, there is a significant demand for xanthan gum from the oilfield sector. The Asia Pacific region is expected to grow at the fastest rate during the forecast period. In addition, Asia Pacific is the region that produces the most xanthan gum due to the rising demand for bakery and confectionary goods in nations like China, India, Malaysia, and Vietnam. In addition, China is producing more oil and gas as a result of growing demand from the chemical and automobile industries. 

Segment Covered

The report on the global xanthan gum market covers segments such as function, and application. On the basis of function, the sub-markets include thickening, stabilizing, and suspension. On the basis of application, the sub-markets include drilling, food and beverages, personal care product, pharmaceutical, and paper & coatings. 

Companies Profiled:

The report provides profiles of the companies in the market such as Solvay, CP Kelco U.S., Inc., Fufeng Group, Cargill, Incorporated, Archer-Daniels-Midland Company, SARDA Bio Polymers PVT. LTD., Jungbunzlauer Suisse AG, MeiHua Holdings Group Co., Ltd, HEBEI XINHE BIOCHEMICAL CO . ,LTD, and The Zoranoc Oilfield Chemical. 

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the xanthan gum market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.