Middle East and Africa Xanthan Gum Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Dry and Liquid) and Application (Food and Beverages, Oil and Gas, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
Market Introduction
The xanthan gum market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. This region is witnessing a shift in socioeconomic condition owing to rapid economic development and rising disposable incomes. The large-scale influence of western food habits, especially on the young population, and hectic work schedules are the factors bolstering the demand for convenience food in the region. There is a huge demand for xanthan gum in dairy and frozen desserts, bakery products, chocolate confectionery products, oil and gas, personal care, and others due to the rise in urban population and growing preference for quick as well as healthy meal or snack options coupled with rising demand from other industries. Moreover, a large consumer preference for confectioneries and baked food items, including packaged products, has led to the rise in demand for xanthan gum in the Middle East & Africa. The modern lifestyle has led to changes in the buying behavior and shopping style of consumers.
In the Middle East & Africa, South Africa had the most COVID-19 cases, followed by Saudi Arabia and the United Arab Emirates. Various companies have remained closed as a result of lockdowns, resulting in a decrease in the production and distribution activities. Slowdown in the demand from various end user industries is negatively impacting the market growth across the region. However, implementation of effective government policies in countries like the UAE have significantly revived the industrial activities across the region which is projected to favor the growth of xanthan gum market in the Middle East & Africa.
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Market Overview and Dynamics
The xanthan gum market in Middle East & Africa is expected to grow from US$ 18.85 million in 2021 to US$ 24.00 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028. Xanthan gum is used as a thickener, stabilizer, gelling agent, fat replacer in various applications such as food & beverages, pharmaceuticals and nutraceuticals, personal care, and others. Xanthan gum is used as a thickening ingredient in toothpaste and other products to keep them uniformly thick. It has been widely used as a viscosity for drilling, drill-in, and completion fluids in the oil industry because of its unusual rheological qualities. Xanthan gum is used as an emulsifier to bind moisture, and it can prevent products from separating. As a result, it is used in various oil-based salad dressings and cosmetics. Further, xanthan gum is added to improve texture, consistency, flavor, shelf life, and appearance in food products. It also helps to stabilize meals, allowing them to survive a range of temperatures and pH levels. It keeps meals from separating and will enable them to flow freely out of their containers. Furthermore, several personal care and beauty products contain xanthan gum. It allows these products to be thick while still freely flowing out of their containers. It also enables the suspension of solid particles in liquids. In addition, xanthan gum is utilized in a wide range of industrial products because of its capacity to endure varying temperatures and pH levels, attach to surfaces, and thicken liquids while maintaining a good flow. Xanthan gum has been associated with a variety of other potential health benefits, including weight loss, cancer-fighting abilities, , and lowering cholesterol levels. Additionally, in medicine, xanthan gum is utilized as a stabilizer in various formulations and suspensions such as vitamin supplements to prevent delamination due to temperature changes. Moreover, xanthan gum is also employed in certain eye drops for preventing and treating ophthalmic disorders like retinitis and choroiditis. Increasing usage of natural gums in various pharmaceutical formulations. Thus, the multi-functionality of xanthan gum is expected to drive the gum market worldwide.
Key Market Segments
In terms of form, the dry segment held a larger share in 2020. Based on application, food and beverages segment held the largest share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the xanthan gum market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADM; Cargill, Incorporated; CP Kelco; Deosen; FUFENG GROUP; HEBEI XINHE BIOCHEMICAL CO. LTD; Ingredion Incorporated; and Solvay among others.
Reasons to buy report
- To understand the Middle East & Africa xanthan gum market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Middle East & Africa xanthan gum market
- Efficiently plan M&A and partnership deals in Middle East & Africa xanthan gum market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Middle East & Africa xanthan gum market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region.
Middle East & Africa Xanthan Gum Market Segmentation
Middle East & Africa Xanthan Gum Market – By Form
- Dry
- Liquid
Middle East & Africa Xanthan Gum Market – By Application
- Food and Beverages
- Oil and Gas
- Pharmaceuticals and Nutraceuticals
- Personal Care
- Others
Middle East & Africa Xanthan Gum Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Middle East & Africa Xanthan Gum Market – Companies Mentioned
- ADM
- Cargill, Incorporated
- CP Kelco
- Deosen
- FUFENG GROUP
- HEBEI XINHE BIOCHEMICAL CO. LTD
- Ingredion Incorporated
- Solvay
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Xanthan Gum – Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa Xanthan Gum Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Gluten-Free Food Products
5.1.2 Multiple-uses of Xanthan Gum
5.2 Market Restraints
5.2.1 Existence of Substitutes
5.3 Market Opportunities
5.3.1 Fostering Demand from Oil & Gas Industry
5.4 Future Trends
5.4.1 Ramping Product Innovations in Xanthan Gum Market
5.5 Impact Analysis of Drivers and Restraint
6. Middle East & Africa Xanthan Gum – Market Analysis
6.1 Market Overview
6.2 Middle East & Africa : Xanthan Gum Market –Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Xanthan Gum Market Analysis – By Form
7.1 Overview
7.2 Middle East & Africa : Xanthan Gum Market, By Form
7.3 Dry
7.3.1 Overview
7.3.2 Dry: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Liquid
7.4.1 Overview
7.4.2 Liquid : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Xanthan Gum Market Analysis – By Application
8.1 Overview
8.2 Middle East & Africa : Xanthan Gum Market, by Application
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Pharmaceuticals and Nutraceuticals
8.4.1 Overview
8.4.2 Pharmaceuticals and Nutraceuticals: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ million)
8.5 Personal Care
8.5.1 Overview
8.5.2 Personal Care: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Oil & Gas
8.6.1 Overview
8.6.2 Oil & Gas: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Xanthan Gum Market – Country Analysis
9.1 Overview
9.1.1 Middle East & Africa : Xanthan Gum Market, by Key Country
9.1.1.1 South Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Xanthan Gum Market, by Form
9.1.1.1.2 South Africa: Xanthan Gum Market, by Application
9.1.1.2 Saudi Arabia : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia : Xanthan Gum Market, by Form
9.1.1.2.2 Saudi Arabia : Xanthan Gum Market, by Application
9.1.1.3 UAE : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE : Xanthan Gum Market, by Form
9.1.1.3.2 UAE : Xanthan Gum Market, by Application
9.1.1.4 Rest of MEA : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA : Xanthan Gum Market, by Form
9.1.1.4.2 Rest of MEA : Xanthan Gum Market, by Application
10. Middle East & Africa Xanthan Gum Market – Impact of COVID-19 Pandemic
10.1 Overview
11. Company Profiles
11.1 ADM
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Cargill, Incorporated
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 CP Kelco
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Deosen
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 FUFENG GROUP
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 HEBEI XINHE BIOCHEMICAL CO. LTD
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Ingredion Incorporated
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Solvay
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Middle East & Africa Xanthan Gum Market – Revenue Forecast to 2028 (US$ Million)
Table 2. South Africa Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of MEA Xanthan Gum Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of MEA Xanthan Gum Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Glossary of terms, Xanthan Gum Market
LIST OF FIGURES
Figure 1. Middle East & Africa Xanthan Gum Market Segmentation
Figure 2. Middle East & Africa Xanthan Gum Market Segmentation – By Country
Figure 3. Middle East & Africa Xanthan Gum Market Overview
Figure 4. Food Segment Held Largest Share of Middle East & Africa Xanthan Gum Market
Figure 5. Rest of MEA Region Held Largest Share of Middle East & Africa Xanthan Gum Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: Xanthan Gums
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Xanthan Gum Market Impact Analysis of Driver and Restraint
Figure 10. Middle East & Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Middle East & Africa: Xanthan Gum Market Revenue Share, by Form (2020 and 2028)
Figure 12. Dry: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Liquid : Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Middle East & Africa: Xanthan Gum Market Revenue Share, by Application (2020 and 2028)
Figure 15. Food and Beverages: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Pharmaceuticals and Nutraceuticals: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Personal Care: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Oil & Gas: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Geographic Overview of Middle East & Africa Xanthan Gum Market
Figure 21. Middle East & Africa: Xanthan Gum Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. South Africa: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Saudi Arabia: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. UAE: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of MEA: Xanthan Gum Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
- ADM
- Cargill, Incorporated
- CP Kelco
- Deosen
- FUFENG GROUP
- HEBEI XINHE BIOCHEMICAL CO. LTD
- Ingredion Incorporated
- Solvay
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