Xanthan Gum Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Industry Vertical (Oil And Gas, Food And Beverages, Pharmaceuticals, Cosmetics And Personal Care, Others), And By Geography - Forecasts From 2019 To 2024
- Published : Jul 2021
- Report Code : KSI061611914
- Pages : 130
The xanthan gum market is projected to grow at a CAGR of 4.72% to reach US$1,004.359 million by 2024, from US$761.737 million in 2018. The prevalence of people who are allergic to gluten or wheat protein is one of the drivers driving the growth of the global xanthan gum market. Xanthan gum, a popular food additive is added to food as a thickener or stabilizer. It is formed when the sugar is fermented by a bacterium known as Xanthomonas campestris. This improves the texture, consistency, flavor, shelf life, and food appearance. Also, used in gluten-free cooking as it provides elasticity and fluffiness which is provided by traditional baked goods. Salad dressings, bakery products, fruit juices, soups, ice creams, sauces and gravies, and many other food items contain xanthan gum.
The “Xanthan Gum Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by form, function, industry vertical, and geography.
The xanthan gum market has been segmented based on form, function, industry vertical, and geography. By form, the market has been segmented on the basis of dry and liquid. By function, the market has been segmented as thickener, stabilizer, coating material, and others. By industry vertical, the market has been segmented into oil and gas, food and beverages, pharmaceuticals, cosmetics and personal care, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities that each of these countries presents for the manufacturers.
Major players in the xanthan gum market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the xanthan gum market.
Xanthan Gum Market Scope:
Report Metric | Details |
Market size value in 2018 | US$761.737 million |
Market size value in 2024 | US$1,004.359 million |
Growth Rate | CAGR of 4.72% from 2018 to 2024 |
Base year | 2018 |
Forecast period | 2019–2024 |
Forecast Unit (Value) | USD Million |
Segments covered | Form, Function, Industry Vertical, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Archer Daniels Midland Company, Cargill, Incorporated, DuPont Nutrition & Health, CP Kelco, Deosen Biochemical Ltd., MEIHUA HOLDINGS GROUP CO., LTD., HEBEI XINHE BIOCHEMICAL CO., LTD., FUFENG GROUP, Unionchem CO., Ltd. |
Customization scope | Free report customization with purchase |
Segmentation:
The xanthan gum market has been analyzed through the following segments:
- By Form
- Dry
- Liquid
- By Function
- Thickener
- Stabilizer
- Coating Material
- Others
- By Industry Vertical
- Oil and Gas
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
- North America
Frequently Asked Questions (FAQs)
Archer Daniels Midland Company
Cargill, Incorporated
DuPont Nutrition & Health
CP Kelco
MEIHUA HOLDINGS GROUP CO., LTD.
HEBEI XINHE BIOCHEMICAL CO., LTD.
FUFENG GROUP
Unionchem CO., Ltd.
Related Reports
Report Name | Published Month | Get Sample PDF |
---|---|---|
Gellan Gum Market Size & Share: Industry Report, 2022 - 2027 | Dec 2022 | |
Beverage Stabilizers Market Size: Industry Report, 2021-2026 | Oct 2021 | |
Gluten Feed Market Size, Share & Growth: Report, 2024-2029 | Feb 2024 | |
Food Thickener Market Size & Share: Industry Report, 2023 – 2028 | Jun 2023 | |
Guar Gum Market Size, Share & Trends: Industry Report, 2022-2027 | Aug 2022 |