Global Xanthan Gum Market

Xanthan Gum Market Size, Share, Growth Analysis, By Type(Synthetic, and Natural.), By Source(Dry and Liquid), By Function(Thickener, Stabilizer, Suspending, Fat Replacer), By Application(Food & Beverage (Bakery & Confectionery, Meat industry, Sauces & Dressings, Beverages)), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15E2170 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 120 | Figures: 77

Xanthan Gum Market Insights

Xanthan Gum Market size was valued at USD 0.57 Billion in 2023 and is poised to grow from USD 0.6 Billion in 2024 to USD 0.86 Billion by 2032, growing at a CAGR of 4.73% during the forecast period (2025-2032).

Xanthan gum is frequently utilised as a stabiliser and thickening agent in products including ice cream, toothpaste, and gluten-free goods. Other applications for xanthan gum include the thickening of drilling fluid in the oil industry, the preparation of water gels in cosmetics, and the production of diabetes medications. The FDA and ESFA have given Xanthan gum its approval for use in foods and beverages despite the fact that it has no known negative effects on human health.

The use of xanthan gum extends the shelf life of prepared goods by raising moisture maintenance thresholds and suppressing staling. Consumers today have a significant preference for gluten-free foods, and since xanthan gum is a gluten substitute, it makes this gum a unique component. Additionally, the rising expense of healthcare has prompted consumers to demand nutritional products, which will support Xanthan Gum Market growth. The addition of xanthan gum to foods for infants younger than 12 weeks old is permitted by Regulation (EC) No. 1333/2008's Annex II and III, according to the European Union (EU), which could boost the xanthan gum market growth.

US Xanthan Gum Market is poised to grow at a sustainable CAGR for the next forecast year.

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Xanthan Gum Market size was valued at USD 0.55 billion in 2019 and is poised to grow from USD 0.57 billion in 2023 to USD 0.82 billion by 2031, growing at a CAGR of 4.73% in the forecast period (2024-2031).

Globa xanthan gum market is consolidated globally, with a few major vendors controlling most of the market share. Key players are adopting strategies including mergers and acquisitions as well as product portfolio expansion. Leading companies in the global market include Cargill, Inc., Archer Daniels Midland Company, Fufeng Group Company Limited, DuPont, Solvay S.A., MeiHua Holdings Group Co., Ltd., Jungbunzlauer Suisse AG, CP Kelco, Hebei Xinhe Biochemical Co., Ltd., Deosen, Zoranoc Oilfield Chemical, Jianlong Biotechnology Co., Ltd., and FMC. 'Cargill, Incorporated', 'Solvay S.A.', 'Fufeng Group Ltd.,', ' CP Kelco ', ' Archer Daniels Midland Company ', ' DuPont de Nemours, Inc. ', ' Ingredion Incorporated ', ' Deosen Biochemical Ltd. ', ' Jungbunzlauer Suisse AG ', ' ADM Corn Processing ', ' MeiHua Holdings Group Co. Ltd. ', ' Pfizer, Inc. ', ' The Aurora Chemical ', ' Unionchem ', ' The Zoranoc Oilfield Chemical ', ' Hebei Xinhe Biochemical Co. Ltd. ', ' Shandong Polymers Bio-chemicals Co. Ltd. ', ' DuPont Nutrition & Biosciences ', ' Parchem Fine & Specialty Chemicals ', ' FMC Corporation. '

The food and beverage industry uses xanthan, a non-hazardous ingredient with a wide range of nutritional properties and a high carbohydrate and fibre content, extensively. The world market for xanthan gum is expanding as a result of rising consumer demand for food and beverages. Other factors driving the expansion of the global xanthan gum market include growing preference for convenience foods and the versatility of xanthan gum.

The protein gluten, which gives wheat flour its structure, can be replaced with xanthan gum, a common food additive. To create gluten-free items with appropriate structure and texture, it is typically used in conjunction with non-gluten flour. Due to the FDA and USDA regulations limiting the amount of gluten allowed in food items, as well as the increased knowledge of the health problems associated with gluten consumption, such as celiac disease, this need has arisen. The Mayo Clinic conducted a study, and the results revealed that the gluten-free diet was chosen by the three categories of respondents. The first group comprises of those who have been officially diagnosed with celiac disease, the second group includes those who have not yet received a diagnosis, and the third group includes those who are avoiding gluten but do not have the condition. For reasons of weight loss and other health advantages, many people avoid gluten.

North America held the largest global xanthan gum market share. The expanding oil & gas industry along with the rising demand for petroleum in the United States since the 1850s are the primary reasons, according to the International Energy Agency, for North America's growing dominance in the xanthan gum market. Additionally, the United States is one of the largest consumers of oil and gas worldwide and held the largest xanthan gum market share in North America. Additionally, the xanthan gum market in North America is expanding due to growing knowledge of the health benefits of this substance.

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Global Xanthan Gum Market

Report ID: SQMIG15E2170

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