Xanthan Gum Market Share, Size, and Outlook by 2028
Xanthan Gum Market: Strategic Insights
Xanthan Gum Market
-
CAGR (2020 - 2028)4.7% -
Market Size 2020
US$ 576.11 Million -
Market Size 2028
US$ 827.57 Million
Market Dynamics
GROWTH DRIVERS
- Increase in demand for thickening agents in the food industry
- Rising popularity of xanthan gum in food and beverage formulations
FUTURE TRENDS
- Increasing use of xanthan gum in food processing
- Rising trends in clean-label and natural food products across global markets
OPPORTUNITIES
- Growth in demand for clean-label, vegan products
- Opportunities for xanthan gum in plant-based and organic food applications
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Form
- Dry and Liquid
Application
- Food and Beverages
- Oil and Gas
- Pharmaceuticals and Nutraceuticals
- Personal Care