Xanthan gum is usually produced by the fermentation of X. campestris with sucrose, glucose, or corn syrup as the major carbon source when the fermentation takes place in a sucrose-rich condition, the use of nitrate ion as a nitrogen source shows the greater yield in xanthan production than ammonium ion. In addition, the xanthan gum produced at the temperature of 25°C is found to have the heaviest molecular weight. Xanthan gum consists of chains of cellulose monosaccharides and oligosaccharides and is an anionic biopolymer. The key properties of xanthan gum are its extreme pseudo plasticity and its very good thermal and pH stability.
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Demand of Xanthan Gum
Food & beverages application segment is likely to grow with CAGR of over 6.5% owing to increasing demand for high quality ingredients. It is widely used as a thickening agent and stabilizer owing to its compatibility with natural and synthetic ingredients. It is widely used in gluten free snacks as it provides similar texture to wheat and other stapes which is likely to accelerate market xanthan gum market share.
Increasing competition in food & beverage sector and rapid shift towards gluten free snacks is likely to boost product demand. Industry players are rapidly investing in new production developing by introducing snacks fortified by xanthan gum in an attempt to capitalize on emerging trends in market. Furthermore, changing consumer perceptions on health & nutrition and increasing need for easily digestible solutions may also provide an impetus to xanthan gum market demand.
Strict regulations in Europe & North America on xanthan gum additives and stringent compliances on labeling is increasing competition in market sphere. Industry players are trying to manufacture xanthan gum solutions that exceed the current safety regulations to stay competitive in post corona economy.
Cosmetics application segment is likely to grow with CAGR of over 5.5% through 2026 owing to increasing awareness on dermatological aspects of healthcare. It is widely used as a binding agent in cosmetics and personal care products. It is also used in manufacturing creams, lotions, sunscreens, and anti-aging solutions
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Key Markets of Xanthan Gum Industry
Xanthan gum market size exceeded USD 960 million, in 2019 and is estimated to grow at over 6% CAGR between 2020 and 2026. Increasing prevalence of gluten intolerance and rapid penetration of healthy snacks in food & beverage industry to augment product demand during the forecast period. Xanthan gum is a polysaccharide manufactured using sugar fermentation with alcohol and bacteria xanthomas campestris. It is widely used in various end-user industries such as food & beverage, cosmetics, pharmaceutical, and oil & gas. Industry players are rapidly investing in developing new extraction methods and developing indigenous technology in an attempt to gain competitive advantage in xanthan gum market.
Rising demand for foaming topical solutions and changing perceptions on skin health is likely to boost product demand. Xanthan gum is widely used in manufacturing foaming gel face wash and cleaning solutions. Consumers in this regional are widely moving towards medicated face wash solutions and over the counter economical topical which is likely to accelerate the xanthan gum market trends. Increasing demand for sustainable solutions in oil & gas industry and increasing initiatives to reduce brand image is likely to boost the xanthan gum market demand. Xanthan gum is widely used in upstream oil & gas operations as it aids in processing of raw crude oil. Furthermore, its high resonance with water, synthetic chemicals, and non-toxic nature makes it an effective alternative to corrosive & toxic solutions which is likely to boost market share.
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Conclusion
The report by NPCS covers production, consumption, trade, and price trend analyses of cashew at a macro-level, in addition to the value chain and price trend analysis. The report will turn to be a helpful tool if you are interested in this industry or an investor of the industry.
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