Global Xanthan Gum Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Xanthan Gum Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Form (Liquid, and Dry), Application (Food and Beverages, (Bakery Products, Confectionery, Meat Products, Frozen Food, Dairy Products, Beverages, and Others), Pharmaceuticals, Personal care and Cosmetics, Oil Refinery, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Xanthan Gum Market was valued at USD 799.1 million in 2023 and is expected to reach USD 1,246.0 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global xanthan gum market growth. Xanthan gum, a polysaccharide derived from the fermentation of sugars by the bacterium Xanthomonas campestris, is widely utilized as a thickening and stabilizing agent in food and industrial applications, known for its distinctive rheological properties that enhance viscosity and texture.
Increasing demand in the food and beverage industry, along with expanding personal care and pharmaceutical applications, drives xanthan gum market growth. However, obstacles like high production costs and dependency on raw material availability may hinder market expansion.
Furthermore, the global xanthan gum industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Form Analysis
The Global Xanthan Gum Market is segmented among Liquid, and Dry, based on Form. In 2023, Dry accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Xanthan Gum Market is segmented among Food and Beverages, Pharmaceuticals, Personal care and Cosmetics, Oil Refinery, and Other Applications, based on Application. In 2023, Food and Beverages accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Xanthan Gum Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill Incorporated, Foodchem International Corporation, The Archer-Daniels-Midland Company, Deosen Biochemical Ltd., C.E. Roeper GmbH, Ingredion Incorporated, Solvay S.A, International Flavours and Fragrances Inc, Mitsubishi Corporation, and JM Huber Corporation.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Xanthan Gum Market Dynamics
Drivers
Restraints
Opportunity
4. Global Xanthan Gum Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Xanthan Gum Market Segmentation, By Form
Global Xanthan Gum Market Share Analysis, By Form
Global Xanthan Gum Market Growth Analysis, By Form
Global Xanthan Gum Market Trends, By Form
o Liquid
o Dry
6. Global Xanthan Gum Market Segmentation, By Application
Global Xanthan Gum Market Share Analysis, By Application
Global Xanthan Gum Market Growth Analysis, By Application
Global Xanthan Gum Market Trends, By Application
o Food and Beverages
Ø Bakery Products
Ø Confectionery
Ø Meat Products
Ø Frozen Food
Ø Dairy Products
Ø Beverages
Ø Others
o Pharmaceuticals
o Personal care
o Cosmetics
o Oil Refinery
o Other Applications
7. Global Xanthan Gum Market Segmentation, By Region
Global Xanthan Gum Market Share Analysis, By Region
Global Xanthan Gum Market Growth Analysis, By Region
Global Xanthan Gum Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Cargill Incorporated*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Foodchem International Corporation
Archer-Daniels-Midland Company
Deosen Biochemical Ltd.
C.E. Roeper GmbH
Ingredion Incorporated
Solvay S.A
International Flavours and Fragrances Inc
Mitsubishi Corporation
JM Huber Corporation
*Similar analysis will be provided for each company listed above.
