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Xanthan Gum Market Size, Share and Industry Report 2020-2028 – Exclusive Report by Emergen Research

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Growing health awareness and rising demand for natural food additives are some of the key factors driving the revenue growth of the global xanthan gum market

Xanthan Gum Market Size – USD 442.2 Million in 2020, Market Growth – at a CAGR of 3.1%, Market Trends – Rising Demand for Xanthan Gums from Asia Pacific »

— Emerging research

VANCOUVER, BC, CANADA, August 22, 2022 /EINPresswire.com/ — The Global xanthan gum market The size is expected to reach USD 566.4 million in 2018 and register a CAGR of 3.1% over the forecast period, according to the latest analysis from Emergen Research. Steady growth in xanthan gum market revenue can be attributed to growing demand for natural food additives among growing consumer base and abandonment by a number of food and beverage companies in the industry. use of inorganic/synthetic ingredients in food products due to the growing consumer inclination towards products containing natural ingredients. Additives are used in foods and beverages to impart certain characteristics such as improved appearance, taste and texture, as well as to extend the shelf life of products. This, coupled with a steady consumer shift towards healthier and higher quality products, regardless of high costs, are some of the other major factors fueling the demand for xanthan gum. Additionally, the increased production and sales of organic food and beverage products leads to a reduction in the use of synthetic food additives and ingredients. Growing demand for organic food products globally is expected to continue to support revenue growth and also open up more lucrative revenue opportunities for key players operating in the global market.

The increasing prevalence of celiac disease and the incidence of various allergies caused by gluten-based foods are factors supporting the demand for gluten-free xanthan gum. Additionally, a wide range of applications such as the baking of gluten-free products including cakes, cookies, muffins, pizza dough, bread and salad dressings, coupled with a growing awareness of the gluten content high in carbohydrates and dietary fiber in xanthan gum, are factors expected to support the market revenue growth.

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Major companies operating in the xanthan gum market include:

Solvay SA, Ingredion Inc., Cargill Inc., FDL Ltd., Archer Daniels Midland Company, CP Kelco, DuPont, Fugeng Group Company Ltd., FMC Corporation and Deosen Biochemical Ltd.

The Global Xanthan Gum report is a panoramic study of the overall Xanthan Gum market published by Emergen Research and covers an in-depth analysis of technological advancements and product developments in the Xanthan Gum market. The report provides a detailed analysis of key xanthan gum market factors that are expected to have a positive impact on the growth of the xanthan gum industry.

Key benefits of the report:

Complete analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porter’s five forces analysis

8-year in-depth analysis of the global xanthan gum market

Critical understanding of key market segments

Comprehensive analysis of drivers, constraints, trends and opportunities

Detailed regional analysis and comprehensive company profiling

In-depth assessment of current and emerging market trends

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Some highlights of the report

In February 2020, Jungbunzlauer announced the increase of its xanthan gum production capacity at its plant located in Austria (Pernhofen). Investments made by Jungbunzlauer in new fermentation and purification instruments, as well as a fully automated packaging line, are due to the increase in global demand for xanthan gum from the food and other industries. of end use.

Among the application segments, the thickeners segment accounted for a significantly large revenue share in 2020. Xanthan gum is widely used in products ranging from ice cream to salad dressings. It is also used to improve the consistency and thicken the texture of a variety of food and beverage products.

Among the industry verticals, oil and gas segment revenue is expected to increase at a very rapid growth rate during the forecast period. The leak rate in oil and gas fields is critical during drilling, stimulation treatments and completion operations. Additionally, the fluid loss control mechanisms used during such operations could lead to loss of permeability upon initiation of flow. Xanthan gum is widely used as a viscosifier for products such as drilling and completion fluids in oil and gas fields due to its rheological characteristics.

Asia-Pacific xanthan gum market accounted for the largest revenue share in 2020 and is expected to register the fastest revenue CAGR during the forecast period, attributed to the rapid growth of the food and beverage industry and increased oil and gas exploration activities in the countries of the region. Additionally, changing consumer preference towards the use of more natural food ingredients coupled with increasing disposable income are additional factors driving the revenue growth of xanthan gum market in Asia- Peaceful.

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Emergen Research has segmented the global xanthan gum market based on form, application, industry vertical, and region:

Outlook Form (Revenue, USD Million; Volume, Kilotons; 2018-2028)

Liquid

Dry

Application Outlook (Revenue, USD Million; Volume, Kilotons; 2018-2028)

Stabilizer

Thickening

The gelling agent

Cover material

fat substitute

Others

Industry Vertical Outlook (Revenue, USD Million; Volume, Kilotons; 2018-2028)

Food and drinks

Pharmaceutical

petroleum gas

Cosmetics and personal care

Others

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Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018-2028)

North America

WE

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Sweden

BENELUX

The rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East and Africa

Saudi Arabia

United Arab Emirates

South Africa

Israel

Rest of MEA

Thanks for reading the report. The report can be customized according to clients’ requirements. For more information or any questions about customization, please contact us and we will offer you the report that best suits your needs.

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market strategy consulting and research firm with an extensive knowledge base on cutting-edge and potentially market-disrupting technologies that are expected to become more prevalent over the next decade.

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Eric Lee
Emerging research
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