The global Xanthan Gum market stood at approximately 133 thousand tonnes in 2023 and is anticipated to grow at a CAGR of 5.95% during the forecast period until 2034.
Xanthan gum, a polysaccharide derived from fermented sugar, is widely used in various industries for its thickening and stabilizing properties. In the food industry, it is commonly employed as a thickening agent in sauces, dressings, and dairy products like ice cream. It helps improve the texture and consistency of these products, preventing ingredients from separating. Xanthan Gum is utilized across various industrial sectors. Xanthan gum alters the rheological properties of the paint, providing high viscosity at rest and under low shear rates, ensuring proper adherence to walls during storage and smooth application with brushes, sprays, or rollers. When pigments are filled with water and additives to form pigment paste, thickeners are added to adjust the viscosity, ensuring ideal covering power and stability during storage. Xanthan gum, a popular thickener, exhibits pseudoplastic behavior, thinning at higher shear stress rates, facilitating easy application, especially during spraying. In the pharmaceutical industry, xanthan gum is used as a binder in tablets and a suspending agent in liquid formulations. Its ability to form a viscous gel when hydrated makes it ideal for these applications. In personal care products, xanthan gum is used as a thickener and stabilizer in lotions, creams, and toothpaste. It helps improve the texture of these products and prevent separation of ingredients.
The escalating demand for foods is driving significant growth in the global food industry is majorly driving the xanthan gum market. The rise of gluten-free and vegan food products has further boosted the demand for xanthan gum, as it helps mimic the texture and viscosity of gluten in baked goods. Increasing health consciousness among consumers has led to the preference for natural and clean label ingredients, which has driven the demand for xanthan gum as a natural polysaccharide. With the resurgence of oil and gas exploration activities globally, particularly in regions with challenging geological conditions, the demand for xanthan gum in drilling applications is expected to remain strong. The increasing demand for skincare and haircare products has contributed to the growth of xanthan gum in this sector. Xanthan gum finds applications in various industrial processes such as paints and coatings, adhesives, and textiles, where it serves as a thickening and stabilizing agent. With rapid industrialization and construction activities across the globe, the demand of paints & coatings is bound to increase, curating market growth opportunities for xanthan gum. The global Xanthan Gum market is likely to reach approximately 250 thousand tonnes in 2034.
Geographically, the Asia Pacific region stands as the largest consumer of xanthan gum, driven by its dynamic industrial landscape, burgeoning population, and shifting consumer preferences. Rapid economic growth, particularly in countries like China and India, fuels demand across diverse sectors including food and beverage, oil and gas, pharmaceuticals, and personal care. As urbanization progresses, there's a notable uptick in demand for processed foods, natural products, and healthier alternatives, all of which rely on xanthan gum for its stabilizing and thickening properties. Moreover, the region's status as a manufacturing hub for multinational corporations further boosts consumption, while supportive government regulations and policies ensure compliance and safety standards. With continued expansion in end-use industries and sustained economic development, the Asia Pacific region is poised to maintain its strategic position as the primary market for xanthan gum well into the forecast period.
Based on the end-user industry, the global Xanthan Gum market is divided into Food & Beverages, Oil and Gas, Pharmaceuticals, Cosmetics, and Others. Among these, Food & Beverages is the major segment and held about 45% of the global Xanthan Gum market in 2023 and is anticipated to prevail the same trend in the forthcoming years.
Major players in the Global Xanthan Gum 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, JM Huber Corporation, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Xanthan Gum which covers production, demand and supply of Xanthan Gum market in the globe.
• To analyse and forecast the market size of Xanthan Gum
• To classify and forecast Global Xanthan Gum market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Xanthan Gum market in the globe.
To extract data for Global Xanthan Gum market, primary research surveys were conducted with Xanthan Gum manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Xanthan Gum market over the coming years.
ChemAnalyst calculated Xanthan Gum demand across the globe by analyzing the volume of Xanthan Gum consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Xanthan Gum manufacturers and other stakeholders
• Organizations, forums and alliances related to Xanthan Gum distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Xanthan Gum manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Xanthan Gum market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
133 thousand tonnes
Market size Volume in 2034
250 thousand tonnes
Growth Rate
CAGR of 5.95% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process, Foreign Trade.
Segments covered
By End-Use: (Food & Beverages, Oil and Gas, Pharmaceuticals, Cosmetics, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
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What was the net market size of Xanthan Gum in terms of volume in 2023?
Ans:
The global market size of Xanthan Gum has reached approximately 133 thousand tonnes in 2023.
Q2.
Which industry is the leading end-user industry of Xanthan Gum?
Ans:
The Food & Beverages industry is the leading end-user industry of Xanthan Gum globally.
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