Xanthan Gum Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

  • Single User License $3500

Xanthan Gum Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : May, 2021 | Food and Beverages

Report Digest

Global Xanthan Gum Market: Overview

Xanthan gum, refers to a polysaccharide made by fermenting corn sugar with a bacteria, xanthomonas campestris - the same bacteria that leads to the creation of black spots on vegetables such as cauliflower and broccoli. The strain of xanthomonas campestris used for obtaining xanthan gum is non-toxic and non-pathogenic for humans and animals. It is therefore preferred over several other emulsifiers in food products. Xanthan gum is actually one of the world’s 30 most used popular products used in the food industry. 

Global Xanthan Gum Market: Drivers and Restraints

Demand across the food and beverages industry is expected to continue to remain one of the key forces driving the global market for xanthan gum in the next few years. Of late, the increased global demand for packaged, ready-to-eat, and convenience foods has significantly increased the uptake of xanthan gum in the food and beverages industry. The food and beverages industry presently accounts for over half the global consumption of xanthan gum and the industry is expected to drive the market owing to high demand across food products such as salad dressings and sauces and dairy products such as ice creams. 

The inherent superiority of the product over other common hydrocolloids is also a key driver of the global xanthan gum market. However, the market is presently struggling to cope up with the reinforced policies regarding anti-dumping across a number of developed economies and restrictions on the import of xanthan gum from China and Austria. The rising mistrust regarding the quality of xanthan gum by suppliers in China, which is presently the leading producer of the product on the global front, is also expected to hamper the overall growth prospects of the market to a certain extent.

Global Xanthan Gum Market: Market Potential

Looking at the significant rise in demand for xanthan gum from across the globe, key producers of the product are focusing on the expansion of their existing production sites, strengthening their distribution channels, and exploring new regional territories to add to their customer bases. In February 2013, CP Kelco, one of the world’s dominant producers of xanthan gum, announced the expansion of its production facility in San Diego by around 40% so as to meet the heightened demand owing to a clampdown by the U.S. government on imports by Chinese and Austrian companies owing to quality issues. The company announced its plans to build a new manufacturing plant in North America for the production of and specialty xanthan gum and gellan gum. 

Global Xanthan Gum Market: Regional Overview

The global market for xanthan gum has been predominantly led by Asia Pacific. The region accounts for a significant share of the global market for xanthan gum and is expected to show growth at a promising pace over the next few years as well. The massive demand for xanthan gum from China is expected to help the Asia Pacific market for xanthan gum remain dominant from a geographical perspective. The thriving market for food and beverages in China and other emerging economies in the region such as India is leading to the high demand for xanthan gum in the region.

North America is another promising market for xanthan gum and is expected to become a matured market in the next few years owing to the increased use of the product for a number of industrial applications. The demand for xanthan gum is expected to witness rise at a slower pace in regions such as Middle East and Africa and Latin America. 

Global Xanthan Gum Market: Competitive Dynamics

The global market for xanthan gum features a largely consolidated competitive landscape, with the leading few companies accounting for a massive share in the global market. Some of the leading vendors operating in the global xanthan gum market are Archer Daniels Midland Company, MeiHua Holdings Group Co., Ltd, Fufeng Group Company Limited, Hebei Xinhe Biochemical Co., The Aurora Chemical, CP Kelco, The Zoranoc Oilfield Chemical, DuPont-Danisco, Deosen, Jungbunzlauer Suisse AG, Ltd., Cargill, Inc., FMC BioPolymer, and Solvay S.A.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?