The global xanthan gum market size is expected to reach USD 566.4 Million in 2018 and register a revenue CAGR of 3.1% over the forecast period, according to latest analysis by Emergen Research. Steady xanthan gum market revenue growth can be attributed to rising demand for natural food additives among a growing consumer base and shift away by a number of food & beverage companies from use of inorganic/synthetic ingredients in food products owing to increasing inclination of consumers towards products containing natural ingredients. Additives are used in food and beverages to impart certain characteristics such as improved appearance, taste, and texture, as well as to extend shelf life of products. This coupled with steady shift by consumers towards healthier and better quality products, regardless of high costs, are some of the other major factors fueling demand for xanthan gum. Furthermore, increasing production and sales of organic food & beverage products is resulting in reducing use of synthetic food additives and ingredients. Rising demand for organic food products globally is expected to continue to support revenue growth, and also open up more lucrative revenue opportunities for major players operating in the global market.
Rising prevalence of celiac disease and incidence of various allergies caused by gluten-based foods are factors supporting demand for gluten-free xanthan gum. In addition, wide scope of applications such as for baking gluten-free products, including cakes, cookies, muffins, pizza dough, bread, and salad dressings, coupled with rising awareness regarding high content of carbohydrates and dietary fibers in xanthan gum, are factors expected to support market revenue growth.
Xanthan Gum Market can be considered a profound analysis of the global Xanthan Gum industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Xanthan Gum market. The report offers a holistic coverage of the Xanthan Gum market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets
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This section of the report performs a thorough investigation into the intensely competitive landscape of the global Xanthan Gum market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants 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.
Key Highlights From the Report
In February 2020, Jungbunzlauer made an announcement about increasing its production capacity for xanthan gum at its facility located in Austria (Pernhofen). The investments made by Jungbunzlauer in new fermentation and purification instruments, as well as a completely automated packaging line, is due to increasing global demand for xanthan gum from food & beverage and other end-use industries.
Among the application segments, the thickener segment accounted for a significantly large revenue share in 2020. Xanthan gum is widely used in products ranging from ice creams to salad dressings. It is also used to enhance consistency and to thicken the texture of a variety of food & beverage products.
Among the industry vertical segments, oil & gas segment revenue is expected to expand at a significantly fast growth rate over the forecast period. Leak-off rate in oil & gas fields is critical during drilling, stimulation treatments, and completion operations. In addition, fluid loss control mechanisms used during such operations could lead to permeability loss during flow initiation. Xanthan gum finds wide use as a viscosifier for products such as drilling and completion fluids in oil & gas fields owing to its rheological characteristics.
Global Xanthan Gum Market Report – Segmental Analysis:
The global Xanthan Gum business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Xanthan Gum business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
Emergen Research has segmented the global xanthan gum market on the basis of form, application, industry vertical, and region:
Form Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
Industry Vertical Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)
Food & Beverages
Oil & Gas
Cosmetic & Personal Care
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Key Objectives of the Global Xanthan Gum Market Report:
An all-inclusive analysis and forecast estimation of the market have been included in this report.
The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Xanthan Gum market and its leading players.
The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
The report, additionally, presents a comprehensive analysis of the key elements of the Xanthan Gum market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
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