"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Xanthan gum is a polysaccharide obtained by fermentation of sugar with a bacteria called xanthomonas campestris from which xanthan gum derives its name. It is commonly used in products such as ice cream, toothpaste, and gluten-free products as a stabilizer and thickening agent. Other uses of xanthan gum are in oil industry to thicken drilling fluid, cosmetics to prepare water gels and to manufacture medicines for diabetes. Xantham gum has no known effects on the human body and is approved by the FDA, and ESFA for the use in foods & beverages.
The factors expected to drive the xanthan gum market is the rising demand from food industry. The exponential growth in population has propelled the consumption of food, thereby increasing demand for xanthan gum. The above reason is expected to act as the driver for the xanthan market growth.
Key Market Driver -
Booming demand from foods and beverages
Key Market Restraint -
Availability of the substitute
The restraint for the xanthan gum market is the availability of the substitute known as guar gum which is also a polysaccharide derived from natural sources and has properties and applications similar to xanthan gum. The possibility of replacing xanthan gum with guar gum is expected to restrict the growth of the market.
Based on application, the market is segmented into food & beverages, oil & gas, personal care & cosmetics, and pharmaceutical.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The major companies in the global xanthan gum market report include Cargill, Solvay S.A., Deosen, Fufeng Group, Ingredion, Hebei Xinhe Biochemical Co. Ltd., CP Kelco, Meihua Holdings Group Co. Ltd., Unionchem, Archer Daniels Midland Company, and other key players.
The global xanthan gum market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America is expected to witness the growth in the xanthan gum market due to high demand from cosmetics industry. Concerns related to the use of synthetic chemicals in the cosmetics products has forced the manufacturers to use organic alternatives in North America, hence the market growth.
To gain extensive insights into the market, Request for Customization
In Europe, rising food related allergies and intolerance towards gluten has shifted the preference of consumers towards foods with natural emulsifiers, thereby growing the market. The growth in Asia Pacific will be primarily due to the presence of countries with largest population, due to which consumption of foods & beverages is very high; therefore, the demand for xanthan gum will grow from this region. Lain America will witness a rise in demand for xanthan gum for pharmaceutical applications. The increasing number of oil exploration activities in the Middle East & Africa will grow the demand for xanthan gum.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry