The North America Xanthan Gum Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 3,578.55 Tonnes, showcasing a growth of 13.6% (2020-2023).
This gum is most commonly available in powdered form. This form is preferred due to its ease of handling, storage, and long shelf life. Powdered gum is easily soluble in water and can be mixed into various applications, from food products to industrial fluids, without requiring additional preservatives. It is versatile and stable, making it ideal for manufacturers looking to maintain the quality of their products over time. Thus, the powdered segment in US market consumed a volume of 3,251.03 Tonnes in 2023.
The US market dominated the North America Xanthan Gum Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $350.5 million by 2031. The Canada market is experiencing a CAGR of 10.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10% during (2024 - 2031).
This gum is a polysaccharide, meaning it is a complex carbohydrate of sugar molecules. It is produced through fermentation by a bacteria called Xanthomonas campestris, which naturally occurs on various plants, including cabbage, cauliflower, and broccoli. This bacterium ferments simple sugars, such as glucose or sucrose, to produce this gum. During fermentation, the bacteria excrete this gum as a slimy substance, which is then purified and dried into a fine powder.
The applications of this gum span a wide range of industries, owing to its unique properties as a hydrocolloid. For instance, This gum is widely used as a thickening agent in various food products such as sauces, gravies, salad dressings, soups, and dairy alternatives. It provides a smooth and consistent texture, enhancing the food’s overall mouthfeel and visual appeal. It acts as a stabilizer in food formulations, preventing the separation of ingredients and improving shelf life.
As the food processing industry expands in Mexico, there is a greater demand for food additives and ingredients that improve processed foods’ quality, texture, and shelf life. With its versatile properties as a thickener, stabilizer, and emulsifier, This gum is increasingly used by food manufacturers to achieve desired product attributes. According to the United States Department of Agriculture, the food processing industry in Mexico experienced an average yearly growth rate of 4.3 per cent. Furthermore, forecasts indicated that 2020 the food processing sector added $39.4 billion to Mexico’s GDP, underscoring its substantial influence on the nation. Hence, the growing food and beverage processing sector in North America is expected to boost the demand for this gum in the region.
Free Valuable Insights: The Xanthan Gum Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.
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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