Xanthan Gum Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: CMR 49338 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Xanthan Gum Market size is forecast to reach $1,741.03 million by 2025, after growing at a CAGR of 6.2% during 2020-2025. Due to its growing use in the food & beverage industry as a thickening agent and stabilizer to prevent separation of ingredients, the xanthan gum market rises during the forecast period.  

Xanthan gum derives its name from the species of bacteria used during the fermentation process, Xanthomonas campestris. This is the same bacterium responsible for causing black rot to form on broccoli, cauliflower, and other leafy vegetables. Xanthan Gum Slurry is a high-quality Xanthan Gum suspension in a mineral oil and is used as a viscosifier in hydraulic fracturing, coiled tubing and drilling operations, and is the preferred viscosifier due to its rapid hydration and the fact that potentially harmful fish-eyes are not formed by using slurry. Due to its non-Newtonian rheological behaviour, relative insensitivity to salinity and temperature as opposed to other traditional synthetic polymers, xanthan gum has been used in Enhanced Oil Recovery (EOR) methods for mobility regulation. 

Report Coverage

The report: “Xanthan Gum Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Xanthan Gum Industry.

 

Key Takeaways

  • Asia-Pacific dominates the Xanthan Gum market owing to increasing demand for food products consisting xanthan gum especially bakery products as it is an effective thickening agent .
  • Xanthan gum is used to increase moisture retention capacity and inhibit staling which results in increased shelf life of baked products. Furthermore, Consumers nowadays mainly prefer gluten-free food products, thus making xanthan gum as most preferential ingredient for such products.
  • The industry is consolidate where limited major suppliers are present. Strategic initiatives taken by the major players in the market such as joint ventures and partnerships are expected to strengthen their position in the industry.

Function - Segment Analysis

Thickening agent held the largest share in the Xanthan Gum market in 2019. The growing product usage in food manufacturing industry in order to achieve the desired viscosity is anticipated to boost thickening agent market. Rising healthcare cost has led consumers to prefer nutritional products which will favor industry growth. Furthermore, thickening agents facilitates texture and increases shelf life of baked products which will favor the industry growth.

 

Application - Segment Analysis

Food and Beverages Industry has been the primary market for Xanthan Gum and is expected to grow with the CAGR of 4% during the forecast period from 2020 to 2025. Xanthan Gum is the primary ingredient used in salad dressings, toppings, sauces, dairy products, baked and frozen foods due to the presence of properties such as stabilization of emulsions, thermal stability and compatibility with usable ingredients. The other factor responsible for growth the xanthan gum is rise in demand for gluten free food products. Xanthan gum finds its largest use in the manufacturing of bakery products and the nutritional characteristics of xanthan gum further increases its acceptability, as it contains carbohydrates and fiber. 

Apart from food and beverages Xanthan gum is used in mineral oil and as a viscosifier in hydraulic fracturing. Xanthan gum is the preferred viscosifier due to its rapid hydration and the fact that by using slurry potentially damaging fish-eyes are not formed during hydraulic fracturing. The natural polysaccharide and an important industrial biopolymer properties has attracted considerable attention as an oil recovery agent.

Geography - Segment Analysis

APAC dominated the Xanthan Gum market with a share of more than 41%, followed by North America and Europe. The growth of xanthan gum can be attributed to the increasing demand for bakery and confectionary products from countries such as China, India, Malaysia, and Vietnam. Global baking industry are shifting from developed regions to new global regions According to Bread, Bakery and Cakes 2018 annual review Asia Pacific and Africa will dominate the global bakery market in terms of growth during forecast period. According to Indian Bakers Federation (I.B.F.), the baking industry is seeing 7% to 8% growth in Asia as a whole and as much as 12% to 13% growth in India in 2018. Furthermore, around 7 billion packs of biscuits are sold annually in India which is the highest-selling product in India, followed by sliced bread, cupcakes, pastries and brownies. 

Drivers – Xanthan Gum Market

·         Regulatory support towards

Regulatory support provided to promote the food & beverage sector across globe is expected to support gluten-free xanthan gum demand over the forecast period. According to European Union (EU), Annex II and III to Regulation (EC) No 1333/2008 on food additives accepts xanthan gum as food additive. Further, the regulation states that xanthan gum can be used in food for infants under the age of 12 weeks. The favoring regulations can upsurge the xanthan gum market.

Moreover, consumers are focusing on gluten free diet to reduce the health related cost and to have naturally gluten free foods. The diverse group of consumers prefer gluten-free products. The main group includes those with celiac disease (CD), for whom a strict gluten-free diet (GFD) is the only treatment for managing the disease and reducing the risk of other complications. As xanthan gum is an alternative to gluten, its market will have a tremendous growth during forecasted period.

Challenges – Xanthan Gum Market

·         Alternative of Xanthan Gum  

Xanthan gum is an ingredient used in many gluten-free recipes that includes, breads, cakes, and cookies. The high cost and baked goods made with xanthan gum can have gummy texture and slight aftertaste that may not appeal to few consumers. These shortcomings of xanthan gum has diverted the attention of baking industry towards its alternative ingredient known as guar gum. The availability of guar gum as a substitute is one of the restraints for the xanthan gum market. Furthermore, Agar agar, and chia seeds are other alternatives of xanthan gum which can restrain its market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Xanthan Gum market. In 2019, the market of Xanthan Gum has been consolidated by the top five players accounting for xx% of the share. Major players in the Xanthan Gum Market are Deosen Biochemical, CP Kelco, DuPont, Fufeng Group, ADM, Meihua Holdings, Cargill, Pfizer, and Jungbunzlauer, among others.

Acquisitions/Technology Launches

  • In March 2017, J.M Huber Corporation acquired xanthan gum supplier CP Kelco. The acquisition will boost production capacity of the xanthan gum by about 15 to 20 percent.

1. Xanthan Gum Market - Overview
        1.1 Definitions and Scope
2. Xanthan Gum Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Xanthan Gum Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Xanthan Gum Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Xanthan Gum Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Xanthan Gum Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Xanthan Gum Market - Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Xanthan Gum Market - By Product (Market Size -$Million / $Billion)
9. Xanthan Gum Market - By Function (Market Size -$Million / $Billion)
        9.1 Thickening Agent
        9.2 Stabilizing Agent
        9.3 Suspending Agent
        9.4 Fat Replacer
10. Xanthan Gum - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Introduction
            10.3.2 Food Beverage
                 10.3.2.1 Sauce Dressing
                 10.3.2.2 Meat Poultry Product
                 10.3.2.3 Bakery Product
                 10.3.2.4 Confectionery Product
                 10.3.2.5 Beverage
                 10.3.2.6 Dairy Product
            10.3.3 Oil Gas
            10.3.4 Personal Care Cosmetic
            10.3.5 Medical
11. Xanthan Gum - By Geography (Market Size -$Million / $Billion)
        11.1 Xanthan Gum Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Xanthan Gum- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Xanthan Gum- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Xanthan Gum - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Xanthan Gum - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Xanthan Gum Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Xanthan Gum Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Xanthan Gum Market - Key Company List by Country Premium
15. Xanthan Gum Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Archer Daniel Midland Company
        15.3 Cargill, Inc
        15.4 Cp Kelco
        15.5 E. I. Du Pont De Nemours And Company
        15.6 Fmc Biopolymer
        15.7 Fufeng Group Company Ltd
        15.8 Ingredion Incorporated
        15.9 Meihua Holding Group Co , Ltd
        15.10 Solvay S A
        15.11 The Zoranoc Oilfield Chemical
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Xanthan Gum Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Xanthan Gum Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Xanthan Gum Market Size 2018
2 Canada Xanthan Gum Market Share 2018
3 Brazil Xanthan Gum Market Outlook 2019 - 2023
4 Mexico Xanthan Gum Market Research 2018
5 Germany Xanthan Gum Market Trends 2019 - 2023 
6 France Xanthan Gum Market Growth 2019 - 2023 
7 UK Xanthan Gum Market Demand 2019 - 2023 
8 Italy Xanthan Gum Market Segmentation 2018
9 Russia Xanthan Gum Market Analysis 2019 - 2023
10 China Xanthan Gum Market Revenue 2019 - 2023
11 Japan Xanthan Gum Market Volume 2019 - 2023
12 South Korea Xanthan Gum Market Potential 2019 - 2023
13 India Xanthan Gum Market Leaders 2018
14 Saudi Arabia Xanthan Gum Market Forecast 2019 - 2023 
15 Kuwait Xanthan Gum Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link