The Europe Xanthan Gum Market would witness market growth of 8.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 3,314.66 Tonnes, showcasing a growth of 12.7% (2020-2023).
In liquid form, this gum is pre-dissolved, making it convenient for applications requiring immediate use, such as in industrial or large-scale production environments. It reduces the preparation time for mixing and is often used when this gum needs to be quickly incorporated into a solution, such as in oil drilling fluids or large-scale food manufacturing. Liquid gum is less prone to dusting during handling and can offer better dispersion in some formulations. Thus, the Liquid in Germany market consumed a volume of 139.21 Tonnes in 2023.
The Germany market dominated the Europe Xanthan Gum Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $91 million by 2031. The UK market is exhibiting a CAGR of 7.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.6% during (2024 - 2031).
This gum is utilized as a suspending agent in liquid medications and oral suspensions. It helps to uniformly disperse solid particles or active ingredients within the liquid, ensuring consistent dosing and efficacy. In pharmaceutical creams, gels, and ointments, this gum acts as a thickener and stabilizer, imparting viscosity and improving the product’s spread ability on the skin.
Moreover, this gum stabilizes cosmetic formulations such as creams, lotions, and gels. It helps maintain the uniform dispersion of ingredients, prevent phase separation, and improve the product’s overall stability. It serves as a thickening agent, providing viscosity control and enhancing the texture and feel of cosmetic products. This is particularly important in formulations where a certain consistency or spread ability is desired, such as in shampoos, conditioners, and body washes.
The expansion of pharmaceutical manufacturing facilities in Belgium necessitates a higher demand for excipients like this gum, which are essential in formulating various drug products. Belgium's strong emphasis on pharmaceutical research and development fosters the creation of innovative drug formulations, many of which rely on this gum for its stabilizing, thickening, and suspending properties. According to the Polish cosmetics manufacturers striving to produce high-quality products, there is an increased demand for reliable stabilizers and thickeners like xanthan gum. This ingredient helps ensure the consistency, stability, and texture of various cosmetic products such as creams, lotions, and gels. Thus, increasing pharmaceutical industry and rising cosmetics industry I the region is driving the growth of the market.
Free Valuable Insights: The Global Xanthan Gum Market will Hit USD 1.8 Billion by 2031, at a CAGR of 9.0%
Based on Form, the market is segmented into Powder and Liquid. Based on End Use Industry, the market is segmented into Food & Beverage, Oil & Gas, Pharmaceutical, Personal Care & Cosmetics, and Other End Use Industries. Based on Grade, the market is segmented into Food Grade, Industrial Grade, Pharmaceutical Grade, and Other Grades. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Form (Volume, Tonnes, USD Billion, 2020-2031)
By End Use Industry (Volume, Tonnes, USD Billion, 2020-2031)
By Grade (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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