HOME Top Market Reports Xanthan Gum Market by Application (Food & Beverages, Oil & Gas, Pharmaceuticals), Function (Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials), Form (Dry, Liquid), and Region - Global Forecast to 2022

Xanthan Gum Market by Application (Food & Beverages, Oil & Gas, Pharmaceuticals), Function (Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials), Form (Dry, Liquid), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: FB 5023

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The xanthan gum market is projected to grow at a CAGR of 3.25% from 2016 to 2022, to reach USD 452.8 Million by 2022. The base year considered for the study is 2015 and the forecast years include 2016 to 2022. The basic objectives of the report are to define, segment, and project the global market size for xanthan gum on the basis of application, function, form, brand, and region. It also helps to understand the structure of the market by identifying its various subsegments. Other objectives are analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, and analyzing the macro and micro indicators of this market to provide factor analysis and to project the size of the xanthan gum market and its submarkets, in terms of value and volume.

This report includes estimations of market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global xanthan gum market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research, some of the sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market shares in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

Xanthan Gum Market

To know about the assumptions considered for the study, download the pdf brochure

The xanthan gum supply chain includes companies such as Cargill (U.S.), E. I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), CP Kelco (U.S.), and Solvay (Belgium). Furthermore, xanthan gum supplied by these companies is used in applications such as food & beverages, oil & gas, and pharmaceuticals & personal care.

This report is targeted at the existing players in the industry, which include the following:

  • Manufacturers/Suppliers
    • Food & beverage manufacturers & processors
    • Pharmaceutical manufacturers & processors
    • Feed manufacturers
    • Chemical industries
    • Research & development laboratories
  • Regulatory bodies
  • Intermediary suppliers
  • End users
    • Food & beverage manufacturers/suppliers
    • Pharmaceutical manufacturers
    • Pet food manufacturers

“The study answers several questions for stakeholders, primarily which market segments to focus on in next two to five years for prioritizing efforts and investments”.

Scope of the Report

On the basis of Application, the market has been segmented as follows:

  • Food & beverages
  • Oil & gas
  • Pharmaceuticals & personal care
  • Others

On the basis of Function, the market has been segmented as follows:

  • Thickeners
  • Stabilizers
  • Gelling agents
  • Fat replacers
  • Coating materials
  • Others

On the basis of Form, the market has been segmented as follows:

  • Dry
  • Liquid

On the basis of Region, the market has been segmented as follows:

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Available Customization

With the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product Matrix’ gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Emerging Application Analysis

  • Regional and country-level market information for application and function segments

Multifunctionality of xanthan gum and its wide applications in confectionery products to stimulate its demand to cross the mark of USD 452.8 million by 2022

Xanthan gum is a polysaccharide produced by bacterial fermentation using nutrient sources. It is a natural hydrocolloid that can be used as a stabilizer, thickening agent, or fat replacer in a wide variety of food & beverages. It also helps to reduce water mobility and provides enhanced stability against salt, temperature, and shear industrial-based products such as oil & gas, horizontal drilling fluids, and under reaming. Moreover, it is also used in various chemical applications such as adhesives, oil & gas, lubricants, pharmaceuticals, personal care products, textiles, and ceramic glazes.

The global xanthan gum market size is projected to reach USD 452.8 million by 2022. Globally, the multifunctionality of xanthan gum has led to the large-scale adoption of xanthan gum in numerous applications. Changing lifestyles, rise in the consumption of convenience food, increased preference of natural food additives, and increasing number of oil & gas drilling activities are some of the factors driving the growth of the xanthan gum market.

North America is the largest market for xanthan gum due to the growing demand from the food & beverage and oil & gas industries. The Asia Pacific region is the fastest-growing market for xanthan gum due to the rising consumption of natural and processed food & beverage products and growing health consciousness among consumers.

Guar gum usage as a substitute for xanthan gum acts as the major restraining factor for the market

Guar gum is a natural gum derived from guar seed. It is a high-molecular weight polysaccharide consisting of mannose and galactose units and has the ability to hydrate in cold water to form highly viscous solutions. Guar gum is widely used in oil & gas well drilling, food & beverage, pharmaceutical, textile, and pet food industries due to its basic functions as a thickener, stabilizer, gelling agent, and emulsifier.

As its characteristics are similar to those of xanthan gum, guar gum is used as a substitute. The major difference in both ingredients is the variation in quantities for different food products. Xanthan gum can be used in low quantities as compared with xanthan gum. Apart from the variation in quantity, both ingredients perform the same function and are used in the same applications. Also, xanthan gum is generally more expensive in comparison to guar gum. Thus, it creates a potential threat for the xanthan gum market.

Xanthan Gum Market

The growing domestic market for food & beverage food products in the emerging markets of Brazil, Russia, China, and India is expected to create a positive impact on the global food & beverage industry, which will fuel the demand of xanthan gum during the forecast period. Furthermore, the growing oil & gas fracking industry in the Middle Eastern countries, Brazil, and Argentina is projected to lead to moderate growth in the xanthan gum market.

The leading market players are also expanding their facilities in China, considering the potential demand in the market. The emerging markets for xanthan gum are growing, creating an immense potential for the processed food industry due to the changing lifestyles and increasing working population. Economic surges in India and China have led to the growth of the urban population with increased disposable incomes, creating a larger market for convenience and ready-to-eat food products. This is projected to lead to the growth of the xanthan gum market.

Market Dynamics

Xanthan Gum Market

Leading xanthan gum manufacturers are investing in R&D and expanding their global presence to increase their market share.

Food & Beverages.

Xanthan gum is extensively used in bakery products, confectionery products, sauces & dressings, meat & poultry, dairy products, and many other food applications. The Xanthomonas campestris strain that is used to yield xanthan gum is non-pathogenic and non-toxic to animals and humans. Therefore, it has become the most preferred food ingredient compared to other substitutes.

Xanthan gum offers several advantages such as enhancing the texture of bakery products, stability, extending shelf life, and water retention, owing to which it is used by bakery and confectionery manufacturers for various food applications such as fruit cakes and ice creams.

Oil & Gas

Xanthan gum is widely used in oil recovery and oil drilling applications to serve multiple purposes such as reduction in water mobility and providing enhanced stability against salt, temperature, and shear. The rising oil & gas drilling activities in the US, Argentina, Brazil, and the Middle Eastern countries are projected to drive the demand for xanthan gum in the next few years. Companies that are engaged in offering xanthan gum for oil & gas drilling applications, such as CP Kelco (US) under the brand names XANVIS, KELZAN, and Jungbunzlauer provide xanthan gum for oil drilling and ore mining and refining.

Pharmaceuticals & Personal Care Products

Xanthan gum is toxicologically safe and is frequently used in various pharmaceutical and personal care applications such as creams, bath products, makeup, skin & hair care, and oral care products. It acts as a binder, emulsion stabilizer, emulsifying surfactant, skin-conditioning agent, and viscosity-increasing agent in these products. It is characterized by the unique rheological properties and can be used as a suspending agent, an emulsion and foam stabilizer, a foam enhancer, and as a thickener in several personal care applications such as shampoos, liquid soaps, color cosmetics, creams & lotions, and toothpastes.

Xanthan Gum Market

Others

Other applications of xanthan gum include pet food, cleansers, and textile printing. Its characteristics such as improved rheology of liquid formulations and stabilizing emulsions are driving the demand of xanthan gum in pet food, textile, and cleanser industries. A steady increase in demand for xanthan gum by cleanser applications was witnessed over the last few years owing to the compatibility of xanthan gum with acids and salts.

Key Questions

  • What are the upcoming technologies, substitutes, and trends that will have a significant impact on the market in the future?
  • Xanthan gum is getting traction in the market; how will this impact the food industry in the next five years?
  • What will be the prominent revenue-generating pockets for the market in the next five years?
  • Most suppliers have opted for expansions & acquisitions as the key strategies as seen from the recent developments. Where will it take the industry in the mid to long term?

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered for the Study
    1.5 Currency
    1.6 Units
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Macroeconmic Indicators
           2.2.1 Growth of Purchasing Power of Middle-Income Population in Emerging Economies
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions & Limitations
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Market Opportunities for Xanthan Gum Manufacturers
    4.2 Xanthan Gum Market Size, By Region
    4.3 Asia-Pacific Xanthan Gum Market, By Country and Application
    4.4 North America: Xanthan Gum Market, By Function, 2016 vs 2022
    4.5 Xanthan Gum Market, By Application
    4.6 Xanthan Gum Market Attractiveness

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Application
           5.2.2 Function
           5.2.3 Form
           5.2.4 Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Multi-Functionality of Xanthan Gum, Resulting in Many Application Areas
                    5.3.1.2 Increase in Consumption of Convenience Foods
                    5.3.1.3 Increase in Demand for Gluten-Free Food Products
                    5.3.1.4 Rise in Demand for Natural Food Additives
           5.3.2 Restraints
                    5.3.2.1 Guar Gum as A Substitute for Xanthan Gum
           5.3.3 Opportunities
                    5.3.3.1 Growth of the Oil & Gas Industry
                    5.3.3.2 Emerging Markets: Immense Potential for the Xanthan Gum Market
           5.3.4 Challenges
                    5.3.4.1 Strict Anti-Dumping Policies for Xanthan Gum

6 Industry Trends (Page No. - 45)
    6.1 Regulations Governing the Xanthan Gum Market
           6.1.1 Regulatory Status Determined By the Eu
           6.1.2 U.S. Food and Drug Administration Regulations
                    6.1.2.1 Code of Regulation (21 CFR 172.695)
                    6.1.2.2 Code of Federal Regulations (21 CFR 573.1010)
    6.2 Supply Chain
    6.3 Recent Trends
    6.4 Price Analysis

7 Xanthan Gum Market, By Application (Page No. - 48)
    7.1 Introduction
    7.2 Food & Beverages
           7.2.1 Bakery Products
           7.2.2 Confectionery Products
           7.2.3 Sauces & Dressings
           7.2.4 Meat & Poultry Products
           7.2.5 Beverages
           7.2.6 Dairy Products
           7.2.7 Others
    7.3 Oil & Gas
    7.4 Pharmaceutical & Personal Care
    7.5 Other Applications

8 Xanthan Gum Market, By Function (Page No. - 57)
    8.1 Introduction
    8.2 Thickeners
    8.3 Stabilizers
    8.4 Gelling Agents
    8.5 Fat Replacers
    8.6 Coating Materials
    8.7 Other Functions

9 Xanthan Gum Market, By Form (Page No. - 65)
    9.1 Introduction
    9.2 Dry Form
    9.3 Liquid Form

10 Brand Overview (Page No. - 69)

11 Xanthan Gum Market, By Region (Page No. - 71)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 France
             11.3.2 U.K.
             11.3.3 Germany
             11.3.4 Spain
             11.3.5 Italy
             11.3.6 Denmark
             11.3.7 Russia
             11.3.8 Rest of Europe
     11.4 Asia-Pacific
             11.4.1 China
             11.4.2 Japan
             11.4.3 India
             11.4.4 Australia
             11.4.5 Rest of Asia-Pacific
     11.5 Rest of the World (RoW)
             11.5.1 Brazil
             11.5.2 Argentina
             11.5.3 South Africa
             11.5.4 Others in RoW

12 Competitive Landscape (Page No. - 99)
     12.1 Overview
     12.2 Market Ranking Analysis
     12.3 Competitive Situation & Trends
             12.3.1 Expansions & Investments
             12.3.2 Mergers & Acquisitions
             12.3.3 Joint Ventures, Agreements, and Partnerships
             12.3.4 New Products Launches

13 Company Profiles (Page No. - 106)
     13.1 Cargill
     13.2 E. I. Du Pont De Nemours and Company
     13.3 Archer Daniels Midland Company
     13.4 Solvay
     13.5 Fufeng Group Company Ltd.
     13.6 Ingredion Incorporated
     13.7 Cp Kelco
     13.8 Jungbunzlauer Suisse AG
     13.9 Deosen Biochemical Ltd.
     13.10 Fuerst Day Lawson

14 Appendix (Page No. - 129)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (66 Tables)

Table 1 Investments With A View to Expand Production Capabilities is The Most Prevailing Strategic Trend in The Xanthan Gum Industry
Table 2 Global Xanthan Gum Price, By Region (USD/Kg)
Table 3 Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 4 Xanthan Gum: Food & Beverage Market Size, By Region, 2014–2022 (USD Million)
Table 5 Xanthan Gum: Food & Beverages Market Size, By Sub-Application, 2014–2022 (USD Million)
Table 6 Xanthan Gum: Oil& Gas Market Size, By Region, 2014–2022 (USD Million)
Table 7 Xanthan Gum: Pharmaceutical & Personal Care Market Size, By Region,  2014–2022 (USD Million)
Table 8 Xanthan Gum: Other Applications Market Size, By Region, 2014–2022 (USD Million)
Table 9 Xanthan Gum Market Size, By Function, 2014–2022 (USD Million)
Table 10 Xanthan Gum: Thickeners Market Size, By Region, 2014–2022 (USD Million)
Table 11 Xanthan Gum: Stabilizers Market Size, By Function, 2014–2022 (USD Million)
Table 12 Xanthan Gum: Gelling Agents Market Size, By Region, 2014–2022 (USD Million)
Table 13 Xanthan Gum: Fat Replacers Market Size, By Region, 2014–2022 (USD Million)
Table 14 Xanthan Gum: Coat Materials Market Size, By Region, 2014–2022 (USD Million)
Table 15 Xanthan Gum: Other Functions Market Size, By Region, 2014–2022 (USD Million)
Table 16 Xanthan Gum Market Size, By Form, 2014-2022 (USD Million)
Table 17 Dry Xanthan Gum Market Size, By Region, 2014-2022 (USD Million)
Table 18 Liquid Xanthan Gum Market Size, By Region, 2014-2022 (USD Million)
Table 19 Xanthan Gum Brands and Functions
Table 20 Xanthan Gum Market Size, By Region, 2014–2022 (USD Million)
Table 21 Xanthan Gum Market Size, By Region, 2014–2022 (KT)
Table 22 North America: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 23 North America: Xanthan Gum Market Size, By Function, 2014–2022 (USD Million)
Table 24 North America: Xanthan Gum Market Size, By Form, 2014–2022 (USD Million)
Table 25 North America: Xanthan Gum Market Size, By Country, 2014–2022 (USD Million)
Table 26 North America: Xanthan Gum Market Size, By Country, 2014–2022 (KT)
Table 27 U.S.: Xanthan Gum Market, By Application, 2014–2022 (USD Million)
Table 28 Canada: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 29 Mexico: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 30 Europe: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 31 Europe: Xanthan Gum Market Size, By Function, 2014-2022 (USD Million)
Table 32 Europe: Xanthan Gum Market Size, By Form, 2014-2022 (USD Million)
Table 33 Europe: Xanthan Gum Market Size, By Country, 2014-2022 (USD Million)
Table 34 Europe: Xanthan Gum Market Size, By Country, 2014-2022 (KT)
Table 35 France: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 36 U.K.: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 37 Germany: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 38 Spain: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 39 Italy: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 40 Denmark: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 41 Russia: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 42 Rest of Europe: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 43 Asia-Pacific: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 44 Asia-Pacific: Xanthan Gum Market Size, By Function, 2014–2022 (USD Million)
Table 45 Asia-Pacific: Xanthan Gum Market Size, By Form, 2014–2022 (USD Million)
Table 46 Asia-Pacific: Xanthan Gum Market Size, By Country, 2014–2022 (USD Million)
Table 47 Asia-Pacific: Xanthan Gum Market Size, By Country, 2014–2022 (KT)
Table 48 China: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 49 Japan: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 50 India: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 51 Australia: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 52 Rest of Asia-Pacific: Xanthan Gum Market Size, By Application, 2014–2022 (USD Million)
Table 53 RoW: Xanthan Gum Market Size, By Application, 2014-2022 (USD Million)
Table 54 RoW: Xanthan Gum Market Size, By Function, 2014-2022 (USD Million)
Table 55 RoW: Xanthan Gum Market Size, By Form, 2014-2022 (USD Million)
Table 56 RoW: Xanthan Gum Market Size, By Country, 2014-2022 (USD Million)
Table 57 RoW: Xanthan Gum Market Size, By Country, 2014-2022 (KT)
Table 58 Brazil: Xanthan Gum Market, By Application, 2014-2022 (USD Million)
Table 59 Argentina: Xanthan Gum Market, By Application, 2014-2022 (USD Million)
Table 60 South Africa: Xanthan Gum Market, By Application, 2014-2022 (USD Million)
Table 61 Others in RoW: Xanthan Gum Market, By Application, 2014-2022 (USD Million)
Table 62 Global Xanthan Gum Market: Company Rankings (2011–2017)
Table 63 Expansions & Investments, 2011–2017
Table 64 Acquisitions, 2011–2017
Table 65 Joint Ventures, Agreements, and Partnerships, 2011–2017
Table 66 New Product Launches, 2011–2017


List of Figures (49 Figures)

Figure 1 Xanthan Gum Market Segmentation
Figure 2 Geographic Scope
Figure 3 Xanthan Gum Market: Research Methodology
Figure 4 Top 10 Economies Based on GDP (USD Billion) in 2015
Figure 5 Middle-Income Population in Asia-Pacific is Projected to Grow and Account for The Largest Share in The Global Market By 2030
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation & Methodology
Figure 9 Assumptions of The Research Study
Figure 10 Limitations of The Research Study
Figure 11 Food & Beverages Segment is Expected to Be The Fastest-Growing During The Forecast Period
Figure 12 Xanthan Gum Market Snapshot (2016 vs 2022): Thickeners Segment is Projected to Be Largest
Figure 13 North America Dominated The Xanthan Gum Market in 2015
Figure 14 Attractive Growth Opportunities in The Xanthan Gum Market  for Manufacturers Between 2016 and 2022
Figure 15 Xanthan Gum Market: Asia-Pacific to Grow at The Highest Rate  From 2016 to 2022
Figure 16 China is Estimated to Account for The Largest Share in The  Xanthan Gum Market in Asia-Pacific in 2016
Figure 17 Fat Replacers Segment to Grow at The Highest CAGR  From 2016 to 2022, in Terms of Value
Figure 18 Food & Beverages Segment Dominated The Xanthan Gum Market Across All Regions in 2015
Figure 19 Chinese Xanthan Gum Market to Grow at The Highest CAGR From  2016 to 2022
Figure 20 Xanthan Gum Market, By Application
Figure 21 Xanthan Gum Market, By Function
Figure 22 Xanthan Gum Market, By Form
Figure 23 Xanthan Gum Market, By Region
Figure 24 Xanthan Gum Market: Drivers, Restraints, Opportunities, and Challenges
Figure 25 Supply Chain Analysis: Xanthan Gum Market
Figure 26 Xanthan Gum Market, By Application
Figure 27 Xanthan Gum Market, By Application, 2016 vs 2022 (USD Million)
Figure 28 Xanthan Gum: Food & Beverages Market, By Region, 2016 vs 2022 (USD Million)
Figure 29 Gelling Agents are Estimated to Dominate The Xanthan Gum Market in 2016
Figure 30 Thickeners Segment to Lead The Xanthan Gum Market During The Forecast Period
Figure 31 Asia-Pacific is Projected to Be The Fastest Growing Region
Figure 32 Xanthan Gum Market, By Form
Figure 33 Dry Xanthan Gum Market in Asia-Pacific Projected to Grow at The Highest Rate From 2016 to 2022 (USD Million)
Figure 34 North America: Xanthan Gum Market Snapshot
Figure 35 Asia-Pacific: Xanthan Gum Market Snapshot
Figure 36 Expansions & Investments: Leading Approach of Key Companies, 2011–2017
Figure 37 Expansions & Investments Fueled Growth in The Xanthan Gum Market
Figure 38 Expansions & Investments: Key Strategy, 2011–2017
Figure 39 Cargill, Incorporated: Company Snapshot
Figure 40 Cargill: SWOT Analysis
Figure 41 E. I. Du Pont De Nemours and Company: Company Snapshot
Figure 42 E. I. Du Pont De Nemours and Company: SWOT Analysis
Figure 43 Archer Daniels Midland Company: Company Snapshot
Figure 44 Archer Daniels Midland Company: SWOT Analysis
Figure 45 Solvay: Company Snapshot
Figure 46 Solvay: SWOT Analysis
Figure 47 Fufeng Group Company Ltd: Company Snapshot
Figure 48 Fufeng Group Company Ltd.:SWOT Analysis
Figure 49 Ingredion, Incorporated : Company Snapshot

The xanthan gum market is projected to grow at a CAGR of 3.25% from 2016 to 2022, to reach a projected value of USD 452.8 Million by 2022. Xanthan gum has become prominent in the recent years, due to the increase in the demand for various gluten-free and natural food & beverage products. Also, the growth in inclination of consumers toward convenience food is fueling the demand for xanthan gum, as it is used in various convenience food applications, owing to its properties such as thickening and stabilizing.

The food & beverages segment, by application, is estimated to lead the market, followed by the oil & gas segment, in 2016. The pharmaceuticals & personal care segment is projected to have the highest growth rate during the forecast period as consumers these days are turning toward the use of natural & herbal products.

On the basis of the function segment, the thickeners segment is estimated to lead the xanthan gum market, followed by gelling agent, in 2016. This is due to the increase in demand for xanthan gum as a thickener in various personal products such as lotions, creams, and shampoos. In addition, growth in consumption of cosmetics and personal care products among youth, along with increase in inclination of consumers toward products with natural and organic ingredients is expected to escalate the demand for xanthan gum in the future. On the basis of form, xanthan gum in dry form is most widely used as compared to the liquid form. The reason behind the wide use of dry form is its easy handling, transportation, and storage.

The North American region is projected to be the largest market from 2016 to 2022, the U.S. being the fastest-growing market in the region. Asia-Pacific is also projected to be the fastest-growing market during the forecast period, due to the high population in this region consuming products which have xanthan gum as their constituent. Increase in domestic demand for food & beverages, especially convenience foods and emerging countries such as India and Japan, owing to the growth in urbanization, rapid economic development, and change in lifestyles in these countries are the factors that will drive the demand for xanthan gum during the forecast period.

Xanthan Gum Market

Guar gum used as a substitute for xanthan gum is one of the restraints for the market.

Cargill (U.S.) is one of the key players in the xanthan gum market and focuses on strengthening its product portfolio by continuously expanding its production capacity of xanthan gum. The company’s core competencies are expansion in potential markets, strong product portfolio for xanthan gum, and global footprint for functional food products. Recently, the company set up a new research and development center in China, to produce new and innovative food products in new flavors for the consumers in China.

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