+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Asia-Pacific Xanthan Gum Market Size, Share & Trends Analysis Report By Form, By End Use Industry, By Grade, By Country and Growth Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 138 Pages
  • October 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6025706
The Asia Pacific Xanthan Gum Market is expected to witness market growth of 9.2% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 16,596.10 Tonnes, showcasing a growth of 15.1% (2020-2023).

In Food & Beverage segment, this gum is widely used as a thickener, stabilizer, and emulsifier in various food products such as sauces, salad dressings, dairy alternatives, and gluten-free baked goods. It improves texture, enhances shelf life, and prevents ingredient separation. It’s particularly valuable in gluten-free and low-fat products, where it replicates the binding and thickening properties of gluten or fats. Thus, the Food & Beverage segment in China market Consumed a volume of 3,007.97 Tonnes in 2023.



The China market dominated the Asia Pacific Xanthan Gum Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $219.4 million by 2031. The Japan market is registering a CAGR of 8.1% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 9.7% during 2024-2031.

The adoption of this gum has experienced significant growth across various industries, driven by its unique properties, versatile applications, and numerous advantages over traditional additives. For instance, this gum offers many functionalities, including thickening, stabilizing, emulsifying, and suspending properties, making it a versatile ingredient in various formulations. Its ability to create stable gels, adjust viscosity, and improve texture and mouthfeel makes it indispensable in food products ranging from sauces and dressings to bakery goods and dairy alternatives.

Similarly, this gum's stabilizing qualities prolong food items' shelf life by averting ingredient separation, enhancing texture uniformity, and minimizing syneresis. Processed foods and beverages help maintain product quality during storage and distribution, ensuring a consistent sensory experience for consumers. Similarly, the natural origin and biodegradable characteristics of this gum correspond with the growing customer preference for environmentally friendly and sustainable products.

With the expansion of the food processing industry in India, there's a growing need for ingredients that enhance the texture, stability, and overall quality of processed foods. This gum fits these requirements perfectly, leading to a rise in its demand. India's food processing industry is expected to reach $535 Bn and will grow at a rate of 15.2% by 2025. Tier-II and Tier-III cities could mirror the trend visible in metropolitan areas by consuming more processed food in the coming years. The demand for superior-quality cosmetics has increased the need for high-performance stabilizers and thickeners like xanthan gum.

This component aids in preserving the steadiness and uniformity of items like creams, lotions, and gels. South Korea’s cosmetics industry is renowned for its continuous innovation and rapid product development cycles. Therefore, expansion of the food process industry and increasing cosmetics sector in the region is propelling the growth of the market.

List of Key Companies Profiled

  • Cargill, Incorporated
  • DuPont de Nemours, Inc.
  • Archer Daniels Midland Company
  • Foodchem International Corporation
  • Desosen Biochemical (Ordos) Ltd.
  • Tate & Lyle PLC
  • Ingredion Incorporated
  • Solvay SA
  • Bob's Red Mill Natural Foods, Inc.
  • Meihua Holdings Group Co, Ltd

Market Report Segmentation

By Form (Volume, Tonnes, USD Billion, 2020-2031)

  • Powder
  • Liquid

By End Use Industry (Volume, Tonnes, USD Billion, 2020-2031)

  • Food & Beverage
  • Oil & Gas
  • Pharmaceutical
  • Personal Care & Cosmetics
  • Other End Use Industries

By Grade (Volume, Tonnes, USD Billion, 2020-2031)

  • Food Grade
  • Industrial Grade
  • Pharmaceutical Grade
  • Other Grades

By Country (Volume, Tonnes, USD Billion, 2020-2031)

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Xanthan Gum Market, by Form
1.4.2 Asia Pacific Xanthan Gum Market, by End Use Industry
1.4.3 Asia Pacific Xanthan Gum Market, by Grade
1.4.4 Asia Pacific Xanthan Gum Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities:
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Xanthan Gum Market by Form
4.1 Asia Pacific Powder Market by Country
4.2 Asia Pacific Liquid Market by Country
Chapter 5. Asia Pacific Xanthan Gum Market by End Use Industry
5.1 Asia Pacific Food & Beverage Market by Country
5.2 Asia Pacific Oil & Gas Market by Country
5.3 Asia Pacific Pharmaceutical Market by Country
5.4 Asia Pacific Personal Care & Cosmetics Market by Country
5.5 Asia Pacific Other End Use Industries Market by Country
Chapter 6. Asia Pacific Xanthan Gum Market by Grade
6.1 Asia Pacific Food Grade Market by Country
6.2 Asia Pacific Industrial Grade Market by Country
6.3 Asia Pacific Pharmaceutical Grade Market by Country
6.4 Asia Pacific Other Grades Market by Country
Chapter 7. Asia Pacific Xanthan Gum Market by Country
7.1 China Xanthan Gum Market
7.1.1 China Xanthan Gum Market by Form
7.1.2 China Xanthan Gum Market by End Use Industry
7.1.3 China Xanthan Gum Market by Grade
7.2 Japan Xanthan Gum Market
7.2.1 Japan Xanthan Gum Market by Form
7.2.2 Japan Xanthan Gum Market by End Use Industry
7.2.3 Japan Xanthan Gum Market by Grade
7.3 India Xanthan Gum Market
7.3.1 India Xanthan Gum Market by Form
7.3.2 India Xanthan Gum Market by End Use Industry
7.3.3 India Xanthan Gum Market by Grade
7.4 South Korea Xanthan Gum Market
7.4.1 South Korea Xanthan Gum Market by Form
7.4.2 South Korea Xanthan Gum Market by End Use Industry
7.4.3 South Korea Xanthan Gum Market by Grade
7.5 Australia Xanthan Gum Market
7.5.1 Australia Xanthan Gum Market by Form
7.5.2 Australia Xanthan Gum Market by End Use Industry
7.5.3 Australia Xanthan Gum Market by Grade
7.6 Malaysia Xanthan Gum Market
7.6.1 Malaysia Xanthan Gum Market by Form
7.6.2 Malaysia Xanthan Gum Market by End Use Industry
7.6.3 Malaysia Xanthan Gum Market by Grade
7.7 Rest of Asia Pacific Xanthan Gum Market
7.7.1 Rest of Asia Pacific Xanthan Gum Market by Form
7.7.2 Rest of Asia Pacific Xanthan Gum Market by End Use Industry
7.7.3 Rest of Asia Pacific Xanthan Gum Market by Grade
Chapter 8. Company Profiles
8.1 Cargill, Incorporated
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 DuPont de Nemours, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Archer Daniels Midland Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Foodchem International Corporation
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Deosen Biochemical (Ordos) Ltd.
8.5.1 Company Overview
8.6 Tate & Lyle PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental & Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Ingredion Incorporated
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Solvay SA
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Bob's Red Mill Natural Foods, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Meihua Holding Group Co., Ltd.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Cargill, Incorporated
  • DuPont de Nemours, Inc.
  • Archer Daniels Midland Company
  • Foodchem International Corporation
  • Desosen Biochemical (Ordos) Ltd.
  • Tate & Lyle PLC
  • Ingredion Incorporated
  • Solvay SA
  • Bob's Red Mill Natural Foods, Inc.
  • Meihua Holdings Group Co, Ltd

Methodology

Loading
LOADING...