Xanthan Gum Market Size and Industry Analysis Report to 2028
[Research Report] The xanthan gum market was valued at US$ 576.11 million in 2020 and is projected to reach US$ 827.57 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.
Xanthan gum is a polysaccharide used as an additive in products such as food and beverages, pharmaceuticals, personal care products, and others. It is synthetized by the bacteria Xanthomonas campestris through the fermentation process. When sugar is fermented, a fluid is produced, which is solidified by adding alcohol. After that, it is rinsed, pressed, and dried. It is generally available in two forms—dry and liquid. Xanthan gum enhances the viscosity of fluids. It is used as a stabilizer and thickening agent in different types of food and beverages, including bakery and confectionary products, beverages, sauces and dressings, dairy products, and ice creams. It is also used as a stabilizer and rheology modifier in personal care and pharmaceutical products. Moreover, it is used as a rheology modifier in the process of oil drilling and extraction. Xanthan gum also has various applications in the paints and pigments industries.
In 2020, Asia Pacific contributed to the largest share in the global xanthan gum market. The Asia-Pacific xanthan gum market is expected to grow at a notable CAGR during the forecast period owing to growing number of food and beverage processing plants in countries such as India, China, and Japan; emerging personal care and cosmetics industry in China and South Korea; and growing utilization in oilfield applications. Moreover, rising consumption of natural and processed food and beverage items; increasing demand for bakery and confectionary products in China, India, Australia, Malaysia, and Vietnam, among others; and growing health-consciousness among consumers are likely to propel the market growth in APAC in the coming years. Gluten-free bakery products are gaining high popularity across the region due to growing fitness trends.
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Xanthan Gum Market: Strategic Insights
Market Size Value in US$ 576.11 Million in 2020 Market Size Value by US$ 827.57 Million by 2028 Growth rate CAGR of 4.7% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Xanthan Gum Market: Strategic Insights
Market Size Value in | US$ 576.11 Million in 2020 |
Market Size Value by | US$ 827.57 Million by 2028 |
Growth rate | CAGR of 4.7% from 2021-2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystImpact of COVID-19 Pandemic on Xanthan Gum Market
The COVID-19 pandemic has drastically affected the sales and overall operations of industries across different regions owing to lockdown imposed for prolonged periods, restrictions enforced on international trades, shutdown of manufacturing units, travel bans that led to supply chain disintegration, shortage of raw materials, and so on. The shutdown of food & beverages plants in leading regions such as North America, Europe, and Asia Pacific has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various food & beverage ingredients. Xanthan gum is one of the key ingredients in various convenience food products, such as bakery goods, frozen food products, dairy products, and ready-to-drink (RTD) beverages. Xanthan gum manufacturers witnessed low demand owing to decrease in the sales of comfort food products during the lockdown periods. Moreover, the COVID-19 crisis adversely affected the global beauty industry in the first half of 2020. This hindered the demand for xanthan gum from the personal care industry. However, businesses are gaining pace with the relaxation of previously imposed limitations in different countries. Moreover, the rapid rate of vaccination, owing to government and corporate support, is further easing the situation for industrial and commercial sectors.
Market Insights
Rise in Demand for Gluten-Free Food Products
Xanthan gum is a common food additive that is used as a gluten alternative. Gluten is a protein that gives wheat flour its structure. Xanthan gum is typically used with non-gluten-containing flour to produce gluten-free goods with good structure and texture. FDA and USDA regulatory standards limiting the amount of gluten in food products. For instance, according to the FDA's gluten-free food labeling rule, lower than 20 parts per million is the permissible limit of gluten in products labeled "gluten-free," "no gluten," "free of gluten," or "without gluten." Moreover, xanthan gum is a vital gluten-free baking ingredient that helps baked goods hold posture and develop elasticity. Among its common applications, including cakes and pancakes, cookies, muffins, quick bread, pizza dough, bread, and salad dressings, xanthan gum is often utilized in the making of pizza dough. The nutritional value of xanthan gum, which includes carbs and fiber, also increases its acceptability. In addition, xanthan gum is used in gluten-free products to improve the texture and shelf life. Like gluten, it also keeps baked goods moist and soft. However, gluten, which accounts for ~75% wheat, barley, and rye protein; it cause significant intestine damage and raise the risk of cardiovascular events in celiac disease patients. Hence, the growing prevalence of gluten-intolerance issues and other health-related problems caused due to gluten are highlighting the demand for gluten-free products.
Form Insights
Based on form, the xanthan gum market is segmented into dry and liquid. The dry segment accounted for a larger market share in 2020, and the liquid segment is expected to register a higher CAGR in the market during the forecast period. Dry xanthan gum disperses fast and forms a viscous, stable solution, when mixed with any liquid. As a result, it is an excellent thickening, suspending, and stabilizing ingredient. Moreover, xanthan gum powders are used in liquids to improve their viscosity, hydration, and clarity. Xanthan gum in dry form is soluble in, both, hot and cold liquids.
Application Insights
Based on application, the xanthan gum market is segmented into food & beverages, pharmaceutical & nutraceutical, personal care, oil & gas, and others. The food & beverage segment accounted for the largest market share in 2020, and the pharmaceutical & nutraceutical segment is expected to register the highest CAGR in the market during the forecast period. In addition to its stabilizing thickening properties, xanthan gum helps prevent oil separation, by stabilizing the emulsion in food products such as dressings and sauces. It is added to ice-creams and other frozen products to enhance their texture. In bakery and confectionery products, xanthan gum acts as a humectant, texture enhance, and viscosity builder Xanthan gum is a partial substitute to wheat flour as it acts as a binding agent. When employed in gluten-free baking, xanthan gum provides elasticity and stickiness to the dough and mixes. Gluten-free baked goods may lose their structure and texture if xanthan gum is not employed as a binder. Moreover, to achieve greater shelf stability, cellulose gum and xanthan gum are used most often as stabilizers in RTD beverages. Xanthan gum is also one of the key substitutes to gelatin, which is derived from animal source. The growing trend of veganism is driving the demand for plant-based food ingredients in the food & beverages industry.
A few players operating in the xanthan gum market are include ADM; Cargill, Incorporated; CP Kelco U.S., Inc.; Deosen; Fufeng Group; Hebei Xinhe Biochemical Co. Ltd.; Ingredion; Meihua Holdings Group Co. Ltd.; Solvay S.A.; and Unionchem. The major players are focused on strategies such as mergers and acquisitions, and research and development to increase the geographical presence and consumer base globally.
Report Spotlights
- Progressive industry trends in the xanthan gum market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the xanthan gum market from 2019 to 2028
- Estimation of global demand for xanthan gum
- Porter’s five forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the growth of the xanthan gum market
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the xanthan gum market size at various nodes
- Detailed overview and segmentation of the market, as well as the xanthan gum industry dynamics
- Size of the xanthan gum market in various regions with promising growth opportunities
Xanthan Gum Market Report Scope
Xanthan Gum Market – by Form
- Dry
- Liquid
Xanthan Gum Market – by Application
- Food & Beverages
- Pharmaceutical & Nutraceutical
- Personal Care
- Oil & Gas
- Others
Company Profiles
- ADM
- Cargill, Incorporated
- CP Kelco
- Deosen
- Fufeng Group
- Hebei Xinhe Biochemical Co. Ltd.
- Ingredion
- Meihua Holdings Group Co. Ltd.
- Solvay S.A.
- Unionchem
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Form and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Xanthan Gum Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Xanthan Gum Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Gluten-Free Food Products
5.1.2 Multi-Functionality of Xanthan Gum
5.2 Market Restraints
5.2.1 Availability of Substitutes
5.3 Market Opportunities
5.3.1 Growing Demand from Oil & Gas Industry
5.4 Future Trends
5.4.1 Product Innovations in Xanthan Gum Market
5.5 Impact Analysis of Drivers and Restraint
6. Xanthan Gum – Global Market Analysis
6.1 Xanthan Gum Market Overview
6.2 Xanthan Gum Market – Revenue Forecasts to 2028 (US$ Million)
6.3 Market Positioning
7. Xanthan Gum Market Analysis – By Form
7.1 Overview
7.2 Xanthan Gum Market, By Form (2020 and 2028)
7.3 Dry
7.3.1 Overview
7.3.2 Dry : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Liquid
7.4.1 Overview
7.4.2 Liquid : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
8. Xanthan Gum Market Analysis – By Application
8.1 Overview
8.2 Xanthan Gum Market, By Application (2020 and 2028)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Bakery and Confectionery
8.4.1 Overview
8.4.2 Bakery and Confectionery: Xanthan Gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.4.3 Bakery and Confectionery: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.5 Dairy and Frozen Desserts
8.5.1 Overview
8.5.2 Dairy and Frozen Desserts: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.5.3 Dairy and Frozen Desserts: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.6 Dips Sauces and Dressings
8.6.1 Overview
8.6.2 Dips Sauces and Dressings: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.6.3 Dips Sauces and Dressings: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.7 RTE and RTC Snacks
8.7.1 Overview
8.7.2 RTE and RTC Snacks: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.7.3 RTE and RTC Snacks: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.8 Beverages
8.8.1 Overview
8.8.2 Beverages: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.8.3 Beverages: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.9 Others
8.9.1 Overview
8.9.2 Others: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.9.3 Others: Xanthan gum Market, Revenue and Forecast To 2028 (US$ Mn)
8.10 Pharmaceuticals and Nutraceuticals
8.10.1 Overview
8.10.2 Pharmaceuticals and Nutraceuticals: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
8.11 Personal Care
8.11.1 Overview
8.11.2 Personal Care: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
8.12 Oil & Gas
8.12.1 Overview
8.12.2 Oil & Gas: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
8.13 Others
8.13.1 Overview
8.13.2 Others: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Mn)
9. Xanthan Gum Market – Geographic Analysis
9.1 Overview
9.2 North America
9.2.1 North America: Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Xanthan Gum Market, By Form
9.2.3 North America: Xanthan Gum Market, by Application
9.2.4 North America: Xanthan Gum Market, by Key Country
9.2.4.1 US: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Xanthan Gum Market, by Form
9.2.4.1.2 US: Xanthan Gum Market, by Application
9.2.4.2 Canada: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Xanthan Gum Market, by Form
9.2.4.2.2 Canada: Xanthan Gum Market, by Application
9.2.4.3 Mexico: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Xanthan Gum Market, by Form
9.2.4.3.2 Mexico: Xanthan Gum Market, by Application
9.3 Europe
9.3.1 Europe: Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Xanthan Gum Market, By Form
9.3.3 Europe: Xanthan Gum Market, by Application
9.3.4 Europe: Xanthan Gum Market, by Key Country
9.3.4.1 Germany: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Xanthan Gum Market, by Form
9.3.4.1.2 Germany: Xanthan Gum Market, by Application
9.3.4.2 France: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Xanthan Gum Market, by Form
9.3.4.2.2 France: Xanthan Gum Market, by Application
9.3.4.3 Italy: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Xanthan Gum Market, by Form
9.3.4.3.2 Italy: Xanthan Gum Market, by Application
9.3.4.4 UK: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Xanthan Gum Market, by Form
9.3.4.4.2 UK: Xanthan Gum Market, by Application
9.3.4.5 Russia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Xanthan Gum Market, by Form
9.3.4.5.2 Russia: Xanthan Gum Market, by Application
9.3.4.6 Rest of Europe: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Xanthan Gum Market, by Form
9.3.4.6.2 Rest of Europe: Xanthan Gum Market, by Application
9.4 Asia-Pacific: Xanthan Gum Market
9.4.1 Asia-Pacific: Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia-Pacific: Xanthan Gum Market, By Form
9.4.3 Asia-Pacific: Xanthan Gum Market, by Application
9.4.4 Asia-Pacific: Xanthan Gum Market, by Key Country
9.4.4.1 Australia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Xanthan Gum Market, by Form
9.4.4.1.2 Australia: Xanthan Gum Market, by Application
9.4.4.2 China: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Xanthan Gum Market, by Form
9.4.4.2.2 China: Xanthan Gum Market, by Application
9.4.4.3 Japan: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 Japan: Xanthan Gum Market, by Form
9.4.4.3.2 Japan: Xanthan Gum Market, by Application
9.4.4.4 India: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 India: Xanthan Gum Market, by Form
9.4.4.4.2 India: Xanthan Gum Market, by Application
9.4.4.5 South Korea: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Xanthan Gum Market, by Form
9.4.4.5.2 South Korea: Xanthan Gum Market, by Application
9.4.4.6 Rest of Asia-Pacific: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of Asia-Pacific: Xanthan Gum Market, by Form
9.4.4.6.2 Rest of Asia-Pacific: Xanthan Gum Market, by Application
9.5 Middle East and Africa
9.5.1 Middle East and Africa : Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa : Xanthan Gum Market, By Form
9.5.3 Middle East and Africa : Xanthan Gum Market, by Application
9.5.4 Middle East and Africa : Xanthan Gum Market, by Key Country
9.5.4.1 South Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 South Africa: Xanthan Gum Market, by Form
9.5.4.1.2 South Africa: Xanthan Gum Market, by Application
9.5.4.2 Saudi Arabia : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 Saudi Arabia : Xanthan Gum Market, by Form
9.5.4.2.2 Saudi Arabia : Xanthan Gum Market, by Application
9.5.4.3 UAE : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 UAE : Xanthan Gum Market, by Form
9.5.4.3.2 UAE : Xanthan Gum Market, by Application
9.5.4.4 Rest of MEA : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of MEA : Xanthan Gum Market, by Form
9.5.4.4.2 Rest of MEA : Xanthan Gum Market, by Application
9.6 South America
9.6.1 South America : Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
9.6.2 South America : Xanthan Gum Market, By Form
9.6.3 South America : Xanthan Gum Market, by Application0
9.6.4 South America : Xanthan Gum Market, by Key Country1
9.6.4.1 Brazil: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)1
9.6.4.1.1 Brazil: Xanthan Gum Market, by Form2
9.6.4.1.2 Brazil: Xanthan Gum Market, by Application2
9.6.4.2 Argentina : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)3
9.6.4.2.1 Argentina : Xanthan Gum Market, by Form3
9.6.4.2.2 Argentina : Xanthan Gum Market, by Application4
9.6.4.3 Rest of SAM : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)4
9.6.4.3.1 Rest of SAM : Xanthan Gum Market, by Form5
9.6.4.3.2 Rest of SAM : Xanthan Gum Market, by Application5
10. Impact of COVID-19 Pandemic on Xanthan Gum Market6
10.1 Overview6
10.2 North America: Impact Assessment of COVID-19 Pandemic6
10.3 Europe: Impact Assessment of COVID-19 Pandemic8
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic9
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic0
10.6 South America: Impact Assessment of COVID-19 Pandemic1
11. Company Profiles2
11.1 ADM2
11.1.1 Key Facts2
11.1.2 Business Description2
11.1.3 Products and Services2
11.1.4 Financial Overview3
11.1.5 SWOT Analysis5
11.1.6 Key Developments5
11.2 Cargill, Incorporated.6
11.2.1 Key Facts6
11.2.2 Business Description6
11.2.3 Products and Services6
11.2.4 Financial Overview7
11.2.5 SWOT Analysis7
11.2.6 Key Developments8
11.3 CP Kelco9
11.3.1 Key Facts9
11.3.2 Business Description9
11.3.3 Products and Services9
11.3.4 Financial Overview9
11.3.5 SWOT Analysis0
11.3.6 Key Developments0
11.4 Deosen1
11.4.1 Key Facts1
11.4.2 Business Description1
11.4.3 Products and Services1
11.4.4 Financial Overview1
11.4.5 SWOT Analysis2
11.4.6 Key Developments2
11.5 FUFENG GROUP3
11.5.1 Key Facts3
11.5.2 Business Description3
11.5.3 Products and Services3
11.5.4 Financial Overview3
11.5.5 SWOT Analysis4
11.5.6 Key Developments4
11.6 HEBEI XINHE BIOCHEMICAL CO. LTD5
11.6.1 Key Facts5
11.6.2 Business Description5
11.6.3 Products and Services5
11.6.4 Financial Overview5
11.6.5 SWOT Analysis6
11.6.6 Key Developments6
11.7 Ingredion Incorporated7
11.7.1 Key Facts7
11.7.2 Business Description7
11.7.3 Products and Services7
11.7.4 Financial Overview8
11.7.5 SWOT Analysis9
11.7.6 Key Developments9
11.8 UNIONCHEM0
11.8.1 Key Facts0
11.8.2 Business Description0
11.8.3 Products and Services0
11.8.4 Financial Overview1
11.8.5 SWOT Analysis1
11.8.6 Key Developments1
11.9 SNP, Inc.2
11.9.1 Key Facts2
11.9.2 Business Description2
11.9.3 Products and Services2
11.9.4 Financial Overview2
11.9.5 SWOT Analysis3
11.9.6 Key Developments3
11.10 Solvay4
11.10.1 Key Facts4
11.10.2 Business Description4
11.10.3 Products and Services4
11.10.4 Financial Overview5
11.10.5 SWOT Analysis6
11.10.6 Key Developments6
12. Appendix7
12.1 About The Insight Partners7
12.2 Glossary7
LIST OF TABLES
Table 1. Xanthan Gum Market –Revenue Forecast to 2028 (US$ Million)
Table 2. North America Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 3. North America Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 4. U.S. Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 5. U.S. Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 6. Canada Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 7. Canada Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 8. Mexico Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 9. Mexico Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 10. Europe Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 11. Europe Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 12. Germany Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 13. Germany Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 14. France Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 15. France Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 16. Italy Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 17. Italy Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 18. UK Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 19. UK Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 20. Russia Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 21. Russia Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 22. Rest of Europe Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 23. Rest of Europe Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 24. Asia Pacific Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 25. Asia Pacific Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 26. Australia Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 27. Australia Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 28. China Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 29. China Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 30. Japan Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 31. Japan Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 32. India Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 33. India Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 34. South Korea Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 35. South Korea Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 36. Rest of Asia Pacific Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 37. Rest of Asia-Pacific Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 38. Middle East and Africa Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 39. Middle East and Africa Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 40. South Africa Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 41. South Africa Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 42. Saudi Arabia Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 43. Saudi Arabia Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 44. UAE Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 45. UAE Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 46. Rest of MEA Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 47. Rest of MEA Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 48. South America Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)
Table 49. South America Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)0
Table 50. Brazil: Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)2
Table 51. Brazil: Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)2
Table 52. Argentina Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)3
Table 53. Argentina Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)4
Table 54. Rest of SAM Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Mn)5
Table 55. Rest of SAM Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Mn)5
Table 56. Glossary of terms, Xanthan Gum Market7
LIST OF FIGURES
Figure 1. Xanthan Gum Market Segmentation
Figure 2. Xanthan Gum Market Segmentation – By Geography
Figure 3. Global Xanthan Gum Market Overview
Figure 4. Food Segment Held Largest Share of Global Xanthan Gum Market
Figure 5. APAC Region Held Largest Share of Global Xanthan Gum Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: Xanthan Gums
Figure 8. Expert Opinion
Figure 9. Xanthan Gum Market Impact Analysis of Driver and Restraint
Figure 10. Geographic Overview of Xanthan Gum Market
Figure 11. Global: Xanthan Gum Market – Revenue Forecast to 2028 (US$ Million)
Figure 12. Xanthan Gum Market Revenue Share, By Form (2020 and 2028)
Figure 13. Dry: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Liquid : Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Xanthan Gum Market Revenue Share, By Application (2020 and 2028)
Figure 16. Food and Beverages: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Pharmaceuticals and Nutraceuticals: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Personal Care: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Oil & Gas: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others: Xanthan Gum Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Global Xanthan Gum Market Revenue Share, By Region (2020 and 2028)
Figure 22. North America: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Xanthan Gum Market Revenue Share, by Form (2020 and 2028)
Figure 24. North America: Xanthan Gum Market Revenue Share, by Application (2020 and 2028)
Figure 25. North America: Xanthan Gum Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. US: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe: Xanthan Gum Market Revenue Share, by Form (2020 and 2028)
Figure 31. Europe: Xanthan Gum Market Revenue Share, by Application (2020 and 2028)
Figure 32. Europe: Xanthan Gum Market Revenue Share, by Key Country (2020 and 2028)
Figure 33. Germany: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. France: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Italy: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. UK: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Russia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of Europe: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Asia-Pacific: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Asia-Pacific: Xanthan Gum Market Revenue Share, by Form (2020 and 2028)
Figure 41. Asia-Pacific: Xanthan Gum Market Revenue Share, by Application (2020 and 2028)
Figure 42. Asia-Pacific: Xanthan Gum Market Revenue Share, by Key Country (2020 and 2028)
Figure 43. Australia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. China: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Japan: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. India: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. South Korea: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Asia-Pacific: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Middle East and Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Middle East and Africa: Xanthan Gum Market Revenue Share, by Form (2020 and 2028)
Figure 51. Middle East and Africa: Xanthan Gum Market Revenue Share, by Application (2020 and 2028)
Figure 52. Middle East and Africa: Xanthan Gum Market Revenue Share, by Key Country (2020 and 2028)
Figure 53. South Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Saudi Arabia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. UAE: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. Impact of COVID-19 Pandemic in North American Country Markets7
Figure 65. Impact of COVID-19 Pandemic in Europe Country Markets8
Figure 66. Impact of COVID-19 Pandemic in Asia Pacific Country Markets9
Figure 67. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets0
Figure 68. Impact of COVID-19 Pandemic in South America Country Markets1
The List of Companies - Xanthan Gum Market
- The Archer-Daniels-Midland Company
- Cargill, Incorporated
- CP Kelco
- Deosen
- Fufeng Group
- Hebei Xinhe Biochemical Co. Ltd.
- Ingredion
- Meihua Holdings Group Co. Ltd.
- Solvay S.A.
- Unionchem
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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