Market Size of Xanthan Gum Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2022 |
| CAGR | 5.70 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Xanthan Gum Market Analysis
The Global xanthan gum market is expected to register a CAGR of 5.7% during the forecast period.
- Xanthan gum is derived from plant-based sugars and bacteria. It is mainly used in the food industry due to its thickening and stabilizing properties. Besides, it also improves the texture, consistency, flavor, shelf life, and appearance of food products. Additionally, it prevents foods from separating and allows them to flow smoothly out of their containers. Due to its robust functional properties, xanthan gum is commonly employed in formulations of bakery products, fruit juices, soups, ice cream, sauces, gravies, gluten-free products, and others.
- In addition, clear regulatory guidelines are fueling the market growth. For instance, the United States Food and Drug Administration (FDA) recognized using xanthan gum for direct human consumption as safe under the Code of Federal Regulations (CFR) 21, allowing use in food and beverage and pharmaceutical products. However, the regulatory body has set apart some prescribed conditions for using xanthan gum in food products.
- Xanthan is a vegan- and vegetarian-friendly hydrocolloid that readily complies with halal and kosher claims. Thus, it remains a promising substitute for other animal-sourced hydrocolloids for manufacturers willing to cater to a vegetarian consumer base.
- The additive finds a vast application across the food industry, with greater efficacy when combined. In salad dressings, xanthan, combined with alginate or pectin, helps provide a much cleaner mouthfeel. Due to a high rate of pseudo-plasticity, it even helps keep the dressings on top of salads, increasing its desirability in the application.
