Press release
Xanthan Gum Market Forecast to Reach USD 1.06 Billion by 2030
๐๐๐ง๐ญ๐ก๐๐ง ๐๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ญ๐๐๐๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global xanthan gum market, valued at USD 0.77 billion in 2023, is projected to reach approximately USD 1.06 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.7% during the forecast period from 2024 to 2030.
๐๐๐ง๐ญ๐ก๐๐ง ๐๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Xanthan gum, a versatile polysaccharide, is extensively utilized as a thickening and stabilizing agent across various industries, including food and beverages, pharmaceuticals, and oil and gas. Its unique properties, such as high viscosity at low concentrations and stability across a range of temperatures and pH levels, make it a preferred additive in numerous applications.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐ซ๐๐ ๐๐ซ๐๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฐ๐๐๐ฉ๐๐ ๐: https://www.maximizemarketresearch.com/request-sample/16756/
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐ ๐๐๐ ๐ฎ๐๐๐๐๐-๐ญ๐๐๐ ๐ท๐๐๐ ๐๐๐๐:The increasing prevalence of celiac disease and gluten sensitivities has led to a surge in demand for gluten-free foods. Xanthan gum serves as an effective substitute for gluten, providing the desired texture and consistency in gluten-free baked goods.
๐ญ๐๐๐๐๐๐๐๐๐ ๐ฝ๐๐๐๐๐๐๐๐๐๐: Beyond the food industry, xanthan gum's multifunctional properties have expanded its use in pharmaceuticals as a stabilizer and in the oil and gas sector as a drilling fluid additive, contributing to its market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐๐๐จ ๐๐ฃ ๐๐๐๐ฉ๐ฃ๐๐ข
Vietnam's food processing industry is experiencing rapid growth, leading to increased adoption of food additives like xanthan gum to enhance product quality and shelf life. The country's commitment to food safety and quality standards presents significant opportunities for market expansion.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐๐๐๐๐ก๐๐ฃ๐
Thailand's robust food and beverage sector, particularly in processed foods and beverages, is driving the demand for xanthan gum as a stabilizer and thickening agent. The nation's focus on innovation in food products further propels market growth.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐๐ฃ๐๐จ ๐๐ฃ ๐ ๐๐ฅ๐๐ฃ
In Japan, the pharmaceutical and personal care industries are significant consumers of xanthan gum, utilizing it for its stabilizing and emulsifying properties. The trend towards natural and safe ingredients in these sectors boosts the demand for xanthan gum.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐พ๐ค๐ฃ๐จ๐ค๐ก๐๐๐๐ฉ๐๐ค๐ฃ ๐๐ฃ ๐๐ค๐ช๐ฉ๐ ๐๐ค๐ง๐๐
South Korea's market is witnessing consolidation with key players like ๐๐๐ซ๐ ๐ข๐ฅ๐ฅ, ๐๐ง๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐๐ ๐๐ง๐ ๐๐ ๐๐๐ฅ๐๐จ strengthening their presence through strategic partnerships and acquisitions, aiming to meet the growing demand for high-quality food additives.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐๐๐ฉ๐๐ค๐ฃ ๐๐ฃ ๐๐๐ฃ๐๐๐ฅ๐ค๐ง๐
Singapore is focusing on updating its food safety regulations, encouraging the use of safe and approved additives like xanthan gum. This regulatory support, coupled with a growing food service industry, enhances market prospects.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐๐ญ๐ฅ๐๐ฃ๐จ๐๐ค๐ฃ ๐๐ฃ ๐ฉ๐๐ ๐๐ฃ๐๐ฉ๐๐ ๐๐ฉ๐๐ฉ๐๐จ
The U.S. market is expanding due to the rising preference for gluten-free and low-fat foods. Companies such as ๐๐ก๐ ๐๐ซ๐๐ก๐๐ซ-๐๐๐ง๐ข๐๐ฅ๐ฌ-๐๐ข๐๐ฅ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ are investing in research and development to innovate and cater to health-conscious consumers.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐ฟ๐๐ซ๐๐ก๐ค๐ฅ๐ข๐๐ฃ๐ฉ๐จ ๐๐ฃ ๐พ๐๐๐ฃ๐
China's significant role as both a producer and consumer of xanthan gum is marked by continuous developments. The country's focus on enhancing production capacities and improving product quality aligns with the increasing domestic and international demand.
๐๐๐ฃ๐ฉ๐๐๐ฃ ๐๐ช๐ข ๐๐๐ง๐ ๐๐ฉ ๐ฟ๐ฎ๐ฃ๐๐ข๐๐๐จ ๐๐ฃ ๐๐ช๐ง๐ค๐ฅ๐
Europe's stringent regulations on food additives and a strong inclination towards natural and safe ingredients influence the xanthan gum market. Companies are adapting by ensuring compliance and promoting the natural origin of xanthan gum to appeal to European consumers.
๐๐ง๐ญ๐ซ๐ข๐ ๐ฎ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ก๐๐ง๐๐ฌ-๐จ๐ง ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/16756/
๐๐๐ง๐ญ๐ก๐๐ง ๐๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ ๐ป๐๐๐
Natural Xanthan Gum
Synthetic Xanthan Gum
๐๐ ๐จ๐๐๐๐๐๐๐๐๐๐
Food and Beverages
Oil and Gas Market
Pharmaceutical
Others
According to application, the main market for xanthan gum has been the food and beverage industry, which is anticipated to expand between 2024 and 2030. Because it has qualities including emulsion stabilisation, thermal stability, and compatibility with edible ingredients, xanthan gum is the main ingredient in salad dressings, toppings, sauces, dairy products, and baked and frozen dishes.
๐๐ ๐ญ๐๐๐๐๐๐๐
Thickeners
Stabilizers
Gelling agents
Fat replacers
Coating materials
Others
In 2023, the market for xanthan gum was dominated by thickeners by function. The market for thickeners is expected to develop as a result of the food manufacturing industry's increasing use of these products to get the required viscosity. Thickeners improve baked goods' texture and shelf life, which will support the expansion of the sector. Xanthan gum was preferred by the food and beverage, cosmetics, and pharmaceutical industries due to its ability to improve the texture and viscosity of products. The market for xanthan gum was mostly driven by the rise in demand for pharmaceutical formulations, personal care items, and convenience foods.
๐๐ ๐ญ๐๐๐
Dry
Liquid
๐ ๐จ๐ซ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/16756/
๐๐๐ง๐ญ๐ก๐๐ง ๐๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
1. The Archer-Daniels-Midland Company
2. Cargill, Incorporated
3. CP Kelco
4. Deusen
5. Fufeng Group
6. Hebei Xinhe Biochemical Co. Ltd.
7. Ingredion
8. Meihua Holdings Group
9. Solvay S.A.
10.Unichem
11.Fufeng group company
12.Cargill inc
13.E. I. du Pont de Nemours and company
14.The Zoranoc oilfield company
๐๐๐ญ๐๐ก ๐๐ฉ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐จ๐ฉ๐ข๐๐ฌ:
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Global Molluscicide Market https://www.maximizemarketresearch.com/market-report/global-molluscicide-market/73944/
Global Adhesive Resin Market https://www.maximizemarketresearch.com/market-report/global-adhesive-resin-market/72245/
Global Blood Transfusion Diagnostics Market https://www.maximizemarketresearch.com/market-report/global-blood-transfusion-diagnostics-market/21086/
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Global Cristobalite Market https://www.maximizemarketresearch.com/market-report/global-cristobalite-market/64122/
Macadamia nuts Market https://www.maximizemarketresearch.com/market-report/macadamia-nuts-market/221276/
Metaverse in Automotive Market https://www.maximizemarketresearch.com/market-report/metaverse-in-automotive-market/228936/
Liver Health Supplements Market https://www.maximizemarketresearch.com/market-report/liver-health-supplements-market/229867/
Calcined Petcoke Market https://www.maximizemarketresearch.com/market-report/calcined-petcoke-market/188390/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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