Global Xanthan Gum Market | Growth | Trends

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

North America

Largest Market:

Asia Pacific

CAGR:

5.2 %

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Market Overview

The Global xanthan gum market is growing at a CAGR of 5.2% during the forecast period (2019-2024).

The market growth is attributed to the wide range of functions it offers including thickeners, stabilizers, fat replacers, coating material, gelling agent, fertilizer, detergent, adhesives and sealants and others that can be used in food, beverage, pharmaceutical, and personal care products. Also, technological advancements of enhanced oil recovery (EORs) and hydraulic fracturing has resulted in increased availability of shale gas and tight oil which ensures the growth of the xanthan gum market. In addition, favorable regulatory guidelines are fueling the market. For instance, the U.S. FDA recognized the use of xanthan gum for direct human consumption as safe under the CFR (Code of Federal Regulations) 21, allowing use in food & beverage and pharmaceutical products.
However, the health hazards that arise from its consumption such as swelling of the intestine, slow absorption of sugar is restraining the market. Also, the availability of substitute products such as guar gum and cassia gum is a major challenge for the xanthan gum market.

Scope of the Report

Global xanthan gum market has been segmented by types into synthetic and natural and by form into liquid and dry. By application, the market is segmented into food & beverage, pharmaceuticals, personal care, oil & gas, and others. Food & Beverages segment is further bifurcated into bakery & confectionery, meat industry, sauces and dressings, beverages, and others. Geography segmentation includes North America, Europe, Asia-Pacific, South America and the Middle East and Africa).

By Type
		Synthetic
		Natural

By Form
		Liquid
		Dry

By Application

Food & Beverage
	Bakery & Confectionery
	Meat industry
	Sauces & Dressings
	Beverages
	Others

Pharmaceuticals

Personal Care

Oil & gas

Others

Geography

North America
	United States
	Canada
	Mexico
	Rest of North America

Europe
	Spain
	United Kingdom
	Germany
	France
	Italy
	Russia
	Rest of Europe

Asia Pacific
	China
	Japan
	India
	Australia
	Rest of Asia-Pacific

South America
	Brazil
	Argentina
	Rest of South America

Middle East and Africa
	South Africa
	United Arab Emirates
	Rest of Middle East and Africa

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Key Market Trends

Increased consumption of gluten-free products

Xanthan gum is a common food additive that is used as a substitute for gluten, which is the protein that gives wheat flour its structure and is generally used with non-gluten containing flour to make gluten-free products having good structure and texture. This demand is due to the growing awareness of the health issues resulted from gluten consumption such as celiac disease and the regulatory guidelines from the FDA and USDA to limit the content of gluten in food products. A survey was carried out by the Mayo Clinic which showed the three groups of people opting for a gluten-free diet. First is the one with diagnosed celiac disease, second with undiagnosed celiac disease and the third group consists of the people without celiac disease and is avoiding gluten.

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Asia-Pacific to the drive the market

Asia Pacific region accounts for the largest share in the market owing to its increased use of food and beverage sector, especially bakery industries. Also, urbanization, a rising standard of living, expansion of retail stores, availability of disposable income and supportive economic factors are pairing to boost the market growth. In addition, increased investment and exploration projects initiated by the government across the region are fueling the market.

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Competitive Landscape

The xanthan gum market is highly competitive in nature having a large number of domestic and multinational players competing for market share and with innovation in products being a major strategic approach adopted by leading players. Additionally, merger, expansion, acquisition, and partnership with other companies are the common strategies to enhance the company presence and boost the market. For instance, DSM has launched new branding- ClariXan and XanTreme for its xanthan gum portfolios, targeting new opportunities in cross-segment applications in January 2019.

Major Players

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1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Market Drivers
2. 4.2 Market Restraints
3. 4.3 Porter's Five Forces Analysis
  1. 4.3.1 Threat of New Entrants
  2. 4.3.2 Bargaining Power of Buyers/Consumers
  3. 4.3.3 Bargaining Power of Suppliers
  4. 4.3.4 Threat of Substitute Products
  5. 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
1. 5.1 By Type
  1. 5.1.1 Synthetic
  2. 5.1.2 Natural
2. 5.2 By Form
  1. 5.2.1 Liquid
  2. 5.2.2 Dry
3. 5.3 By Application
  1. 5.3.1 Food & Beverage
    1. 5.3.1.1 Bakery & Confectionery
    2. 5.3.1.2 Meat industry
    3. 5.3.1.3 Sauces & Dressings
    4. 5.3.1.4 Beverages
    5. 5.3.1.5 Others
  2. 5.3.2 Pharmaceuticals
  3. 5.3.3 Personal Care
  4. 5.3.4 Oil & gas
  5. 5.3.5 Others
4. 5.4 Geography
  1. 5.4.1 North America
    1. 5.4.1.1 United States
    2. 5.4.1.2 Canada
    3. 5.4.1.3 Mexico
    4. 5.4.1.4 Rest of North America
  2. 5.4.2 Europe
    1. 5.4.2.1 Spain
    2. 5.4.2.2 United Kingdom
    3. 5.4.2.3 Germany
    4. 5.4.2.4 France
    5. 5.4.2.5 Italy
    6. 5.4.2.6 Russia
    7. 5.4.2.7 Rest of Europe
  3. 5.4.3 Asia Pacific
    1. 5.4.3.1 China
    2. 5.4.3.2 Japan
    3. 5.4.3.3 India
    4. 5.4.3.4 Australia
    5. 5.4.3.5 Rest of Asia-Pacific
  4. 5.4.4 South America
    1. 5.4.4.1 Brazil
    2. 5.4.4.2 Argentina
    3. 5.4.4.3 Rest of South America
  5. 5.4.5 Middle East and Africa
    1. 5.4.5.1 South Africa
    2. 5.4.5.2 United Arab Emirates
    3. 5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
1. 6.1 Most Active Companies
2. 6.2 Most Adopted Strategies
3. 6.3 Market Share Analysis
4. 6.4 Company Profiles
  1. 6.4.1 Cargill Inc.
  2. 6.4.2 Archer Daniels Midland Company
  3. 6.4.3 CP Kelco U.S., Inc.
  4. 6.4.4 DuPont
  5. 6.4.5 Deosen Biochemical Ltd.
  6. 6.4.6 Fufeng Group Company Limited
  7. 6.4.7 Jungbunzlauer Suisse AG
  8. 6.4.8 Hebei Xinhe Biochemical Co Ltd
  9. 6.4.9 DSM
  10. 6.4.10 SNP, Inc.
  11. 6.4.11 Meihua Holdings Group Co., Ltd.

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability