xanthan-gum-market

Xanthan Gum Market By Application (Oil & Gas, Food & Beverages, Pharmaceutical, Cosmetics) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

02 Oct 2017 Format PDF icon PPT icon XLS icon Request Sample

Xanthan gum is a complex exopolysaccharide, it is a polymer composed of sugar residues, secreted by a microorganism into the surrounding environment. Xanthan gum is widely used as a thickening and stabilizing agent in a wide variety of food & beverages and industrial products. Some of the common uses of xanthan gum finds in Cosmetics, Baked goods and pastry fillings, Ice cream and sherbet, Industrial uses, Jams, jellies and sauces, Lotions, Medicines, Pudding, Salad dressings, Toothpastes, Yogurt, etc. In oilfield applications xanthan gum provides excellent rheological control for water-based drilling, completion and work-over fluids in a wide range of brines.

By application type, xanthan gum market segmentation includes oil & gas, food & beverages, pharmaceutical, cosmetics and others (paper, coatings, etc.). Market size and forecast of each application and product type is presented for the period 2015 to 2025 along with respective CAGR % for the forecast period 2017-2025.

The market size and forecast for the period 2015-2025 along with the CAGRs for the period 2017-2025 for the mentioned segments are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as market competition analysis and attractive investment proposition are also included in this study for assessment of overall market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global xanthan gum market.

Cargill, Inc., CP Kelco, Deosen Biochemical Ltd., E. I. du Pont de Nemours and Company, Fufeng Group Company Limited, Jungbunzlauer Suisse AG, Pfizer Inc., Qingdao Unichem International Trade Co. Ltd., Solvay S.A. and The Archer Daniels Midland Company are among the few key manufacturers in xanthan gum market.

Purpose of the Report

The purpose of this strategic research study titled “Xanthan Gum Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the Xanthan Gum market.

Target Audience

  • Industry Investors
  • Procurement Managers from End-user Companies
  • Xanthan Gum Manufacturers
  • Distributors

USP and Key Offerings

The report titled “Xanthan Gum Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” offers strategic insights into the overall xanthan gum market along with the market size, and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in xanthan gum market in terms of their product portfolio, financial health and business strategies. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the xanthan gum industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Historical market size and data (2015 & 2016)

Overall, the research study provides a holistic view of the xanthan gum market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above mentioned factors.

Among considered applications, oil & gas segment holds the largest market share in 2016 at more than 40% of total demand for xanthan gum and is expected to maintain its dominance through the forecast period. Increase in oil & gas drilling activities from gas reserves is expected to drive the xanthan gum market in the upcoming years. This, in turn, is improving the demand for the chemicals used in oil & gas industry. Xanthan gum is few of the most commonly used polymers for petroleum extraction. Xanthan gum is environment friendly in nature in terms of zero toxicity of end products, biobased feedstock and production process is a driving factor for its adoption over a wide range of petroleum based synthetic polymers with similar functionality. Food and beverages is estimated to be the second largest market segment currently. Some of the other factors fuelling the xanthan gum market growth include rising demand from pharmaceutical, cosmetics and others (Paper, Coatings, etc.) applications.

In base year 2016, Asia Pacific is the largest regional markets for xanthan gum. In Asia Pacific, China and India serve potential markets for xanthan gum in the next five to six years owing to rapid technological advancements and infrastructure development in these countries. Growing consumption of xanthan gum in various applications like in oil & gas, food & beverages, pharmaceutical and cosmetics especially in China and India, along with commercialization measures for xanthan gum in various end-use industries is likely to fuel the xanthan gum market growth. Also, the market is estimated to lose its share in developed regions to developing regions in the next few years.

Europe and North America are mature markets in terms of xanthan gum demand and expected to grow slow as compared to Asia Pacific, Latin America and Middle East and Africa.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Xanthan Gum market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Xanthan Gum market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Application
  • Oil & Gas
  • Food & Beverages
  • Pharmaceutical
  • Cosmetics
  • Others

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Xanthan Gum market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Xanthan Gum market?
  • Which is the largest regional market for Xanthan Gum market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Xanthan Gum market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Xanthan Gum market worldwide?
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