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Global Xanthan Gum Market Size, Share, Trends, Forecast: By Form: Liquid, Powder; By Function: Thickening Agent, Stabilising Agent, Suspending Agent, Fat Replacer, Others; By Application: Food and Beverages, Oil and Gas, Pharmaceuticals, Cosmetics, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
The Asia Pacific Accounts for a Significant Share in the Market
The xanthan gum industry in the Asia Pacific is driven by the growing food and beverage industry in the region, as xanthan gum is widely utilised in gluten-free baking processes to prepare several products including cookies, cakes and pancakes, muffins and quick breads, breads, pizza dough, and salad dressings. Moreover, the rising population in the region is also aiding the market. Meanwhile, the significant growth of the personal care and cosmetics industry in emerging countries in the region is anticipated to augment the market in the forecast period.
Xanthan Gum Market Report Snapshots
Xanthan Gum Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Xanthan Gum Market Analysis
8.1 Key Industry Highlights
8.2 Global Xanthan Gum Historical Market (2018-2023)
8.3 Global Xanthan Gum Market Forecast (2024-2032)
8.4 Global Xanthan Gum Market by Form
8.4.1 Liquid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Xanthan Gum Market by Function
8.5.1 Thickening Agent
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Stabilising Agent
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Suspending Agent
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Fat Replacer
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Xanthan Gum Market by Application
8.6.1 Food and Beverages
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Oil and Gas
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Pharmaceuticals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Cosmetics
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Xanthan Gum Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Xanthan Gum Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Xanthan Gum Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Xanthan Gum Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Xanthan Gum Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Xanthan Gum Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Cost Analysis
17.1 Labour
17.2 Irrigation
17.3 Fertilizers
17.4 Seed/Planting Materials
17.5 Others
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Cargill, Incorporated
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Archer Daniels Midland Company
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 BASF SE
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Ingredion Incorporated
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Deosen Biochemical Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Xanthan Gum Market: Key Industry Highlights, 2018 and 2032
2. Global Xanthan Gum Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Xanthan Gum Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Xanthan Gum Historical Market: Breakup by Rated Capacity (USD Million), 2018-2023
5. Global Xanthan Gum Market Forecast: Breakup by Rated Capacity (USD Million), 2024-2032
6. Global Xanthan Gum Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Xanthan Gum Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Xanthan Gum Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Xanthan Gum Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Xanthan Gum Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Xanthan Gum Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Xanthan Gum Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Xanthan Gum Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Xanthan Gum Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Xanthan Gum Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Xanthan Gum Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Xanthan Gum Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Xanthan Gum Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Xanthan Gum Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Xanthan Gum Market Structure
Key Questions Answered in the Report
In 2023, the global xanthan gum market attained a value of nearly USD 1216.56 million.
The market is estimated to grow at a CAGR of 6.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2072.87 million by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the rising application of xanthan gum in various industries including oil and gas, and pharmaceutical, among others, increasing application of xanthan gum in condiments, and as a thickening agent in the food industry, increasing sales of cosmetics, and rapid urbanisation.
The growing R&D activities in the pharmaceutical industry are expected to be the key trends guiding the growth of the industry.
Liquid and powder are the major forms included in the market.
Thickening agent, stabilising agent, suspending agent, and fat replacer, among others are the major functions of the product.
Food and beverages, oil and gas, pharmaceuticals, and cosmetics, among others are the different applications of the product.
The major players in the industry are Cargill, Incorporated, Archer Daniels Midland Company, BASF SE, Ingredion Incorporated, and Deosen Biochemical Ltd., among others.
Analyst Review
The global xanthan gum market attained a value of USD 1216.56 million in 2023, driven by the thriving food and beverage industry and rapid urbanisation. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.1%. The market is projected to reach USD 2072.87 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into liquid and powder. On the basis of function, the market is divided into thickening agent, stabilising agent, suspending agent, and fat replacer, among others. The significant applications of the product include food and beverages, oil and gas, pharmaceuticals, and cosmetics, among others. The major regional markets for xanthan gum are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill, Incorporated, Archer Daniels Midland Company, BASF SE, Ingredion Incorporated, and Deosen Biochemical Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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