Global Xanthan Gum Market, by Form and by End-use Industry- Opportunity Analysis, and Industry Forecast till 2025

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Xanthan Gum Market- Global Industry Insights,
Trends, Outlook, and Opportunity Analysis,
20162024
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REPORT DESCRIPTION
Xanthan Gum Market Overview Xanthan gum is a
polysaccharide, commonly used as a food additive,
stabilizer, and thickening agent. Xanthan gum, as
a stabilizing agent, prevents the separation of
food ingredients and is majorly used in
gluten-free bakery products. Xanthan gum is
highly soluble in cold as well as hot water, and
is capable of absorbing more water in excess to
its own weight, thus forming a gel. These
solutions are associated with various properties
such as pseudoplasticity, high viscosity, and
inertness towards a wide range of pH,
temperature, and electrolyte variations. Xanthan
being a non-hazardous additive, which is
associated with various nutritional
characteristics, along with high carbohydrates
and fiber content, has its wide application in
the food and beverages industry. Increasing
demand for food and beverages is in turn,
propelling growth of the xanthan gum market.
Furthermore, growing demand for gluten free food
products, growing inclination towards convenience
food, and the multi-functionality of xanthan gum
are some of the other factors contributing to
growth of the global xanthan gum market.
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REPORT DESCRIPTION
Availability of substitute products such guar gum
coupled with the high cost of xanthan gum pose as
major restraints for growth of the xanthan gum
market. Moreover, anti-dumping policies
associated with xanthan gum also hinder growth of
the xanthan gum market. In terms of revenue,
North America held a dominant position in the
market in 2016, accounting for a share of over
35 and is expected to retain its dominance
throughout the forecast period. This is mainly
due to the growing oil gas industry coupled
with the high demand for petroleum. Xanthan gum
is extensively used to confer thickness to the
drilling mud in the oil gas industry. The U.S.
holds the major market share for xanthan gum in
North America, as the country has the longest
history of oil and gas production, dating back to
the 1850s, thus making it the largest consumer
of oil and natural gas in the world.  Request
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REPORT DESCRIPTION
Asia Pacific is expected to be the fastest
growing market for xanthan gum, witnessing the
highest CAGR of 4.09 during the forecast period
(2017 2025), owing to robust growth of the food
processing industry in the region. Moreover, the
rapidly growing pharmaceuticals industry, which
is majorly driven by the rising geriatric
population is expected to boost growth of the
xanthan gum market in Asia Pacific. According to
World Bank, growth rate of the geriatric
population in East Asia is faster as compared to
other parts of Asia Pacific. In 2010, over 211
million residents were recorded under the
category of geriatric population in East Asia,
out of which, China accounted for 130 million
residents. Furthermore, developments in
infrastructure and adoption of modern
technologies for oil gas production in emerging
economies such India and China are expected to
drive growth of the xanthan gum market in the
near future. Among end users, the food and
beverage segment held a major market share in
2016 and is expected to retain its dominance
throughout the forecast period. To Get Discount
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