Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Xanthan Gum Market

Xanthan Gum Market Share

Report ID: GMI512
Published Date: Aug 2022
Report Format: PDF

Download Free Sample

Xanthan Gum Market Share

Cargill
Incorporated
DuPont Danisco
Solvay
The Archer-Daniels-Midland Company
CP Kelco
Hebei Xinhe Biochemical Co. Ltd.

are some of the prominent market players. These firms are mainly focusing on business expansions, collaborations, and new product range developments to strengthen their footprint across the global market.

For instance, in September 2021, CP Kelco extended its distribution partnership with Azelis in New Zealand and Australian markets. Under the collaboration, Azelis intended to distribute CP Kelco’s product lines including KELTROL Xanthan Gum, for food and other applications.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of xanthan gum was valued at over USD 650 million in 2021 and is expected to exhibit a CAGR of around 5% through 2030, owing to the increasing government subsidies for the oil and gas sector.

Food and beverages segment is projected to register over 160 kilo tons in volume by 2030, given the rising application scope of xanthan gum as an additive in processed foods such as dairy products.

APAC xanthan gum market will register a revenue of more than USD 470 million by 2030, due to the strong demand for high-quality skin conditioning agents.

Some of the prominent market players include Cargill, Incorporated, DuPont Danisco, Solvay, The Archer-Daniels-Midland Company, CP Kelco, and Hebei Xinhe Biochemical Co. Ltd., among others.