The market size
of global xanthan gum surpassed USD 870 million in 2015 and it is expected to
grow with a CAGR between 6.5% – 7.0% during the forecast period of 2017-2023.
Xanthan gum is a polysaccharide secreted by the bacterium xanthomonas
campestris. Xanthan gum is commonly used as a food additive and food thickening
agent especially in salad for instance. It is produced by the process of
fermentation of various sugars such as lactose, sucrose and glucose or formed
by adding powered polysaccharide into liquid medium to form gum. Moreover, it
is used as a stabilizing agent in cosmetic and personal care product and also
performs the function of lubrication in various drilling operations.
of xanthan gum as an emulsion across wide applications such as salad dressing,
toppings, relishes sauces, non-fat milk, dairy products and baked & frozen
food coupled with growth in food and beverages industry are considered to be
the key factors driving the growth of xanthan gum market. Moreover, rising
cosmetic market and lower price of xanthan gum are likely to boost the growth
of this market over the forecast period. One of the key restraints of xanthan
gum market is reinforced anti-dumping policies by U.S and other developed
economies and supply of mistrust quality of xanthan gum by china, which is
leading producer of xanthan gum.
Figure: Global Xanthan Gum Market by Value
segments the global xanthan gum market by application and by region. The market
segmentation based on application includes major end user segment such as oil
and gas drilling, food and beverages, cosmetic and personal care products and
others includes pharmaceuticals, paper and coating etc. Moreover, oil &gas
and food & beverages are the most lucrative end user segments and together
accounted more than 70% of market share in 2015. Food and beverages is
anticipated to be the fastest growing application of xanthan gum over the
Geographic Coverage and Analysis:
provides regional analysis covering geographies such as North America, Europe,
Asia Pacific, and Rest of the World (RoW). Asia pacific was the largest market
for xantham gum and registered more than 40% of market share globally in 2015.
Moreover, Asia pacific is the largest producer of xanthum gum owing to
increasing demand for bakery and confectionary products from countries such as
China, India, Malaysia, and Vietnam. In addition, increasing oil & gas
production in china on account of their rising demand in automobile and
chemical industries is projected to drive the dominance of APAC region over the
forecast period. Following Asia pacific, North America is the most prominent
region in xantham gum market and is anticipated to experience fastest CAGR over
the forecast period. Recovery in pharmaceutical industry coupled with growing
demand in food industry in this region is likely to drive the market growth
over the forecast period.
The companies covered in the report
Group Company Limited
Daniels Midland Company
Xinhe Biochemical Co. Ltd.
Zoranoc Oilfield Chemical
provides deep insights on demand forecasts, market trends and micro and macro
indicators. In addition, this report provides insights on the factors that are
driving and restraining the demand of xanthan gum globally as well as
regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight on 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 value chain analysis of xanthan gum market.
study highlights current market trends and provides forecast from 2017 to 2023.
We also have highlighted future trends in the xanthan gum market that will
impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight on the market share of
the leading players. Additionally, the analysis highlights rise and fall in the
market shares of the key players in the market. This report will help
manufacturers, suppliers and distributors in this market to understand the
present and future trends in this market and formulate their strategies
The report also
provides in depth analysis of regulatory framework pertaining to xanthan gum
market. This will help the companies to understand the regulatory compliances,
supports, barriers in the xanthan market. This section highlights key
amendments and their implication on xanthan gum market in the short run as well
as in the long run.