Xanthan gum is a polysaccharide with many industrial uses, including as a common food additive. It is an effective thickening agent and stabilizer to prevent ingredients from separating. It can be produced from different simple sugars using a fermentation process, and derives its name from the strain of bacteria used, Xanthomonascampestris. It is a heavily used gum for the industrial uses in the food industry. Its thickening and binding qualities make it a very useful cooking aid food additive in bakery products and dairy uses.
The global xanthan gum market is expected to expand at a very positive CAGR of 7.7% in terms of revenue, between 2016 and 2024. This revenue is expected to reach as much as US$1.25 bn by the end of 2024. The global xanthan gum market is expected to expand at a CAGR of 7.3% for the above forecast period. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
· Ace Gum Inds. Pvt. Ltd.
· Aditya Chemicals Ltd.
· Asha Ram & Sons Pvt. Ltd.
· Chimique (India) Ltd.
· Exemplarr Worldwide Ltd.
· Hindustan Gum & Chemicals Ltd.