xanthan gum Market Share, Historic Data and Forecast forecast year 2022-2030

Ashapatil555006 Mar, 2023Business

The xanthan gum market was valued at over USD 730.39 million in 2022 and is expected to increase at a CAGR of over 4.73% between 2022 and 2030. Xanthan gum is a popular food additive used in a wide range of products, from sauces and dressings to ice cream and baked goods. It is a carbohydrate polymer created by a bacteria called Xanthomonas campestris, and it is used as a thickening agent, stabilizer, and emulsifier in many commercial products. As the demand for processed food increases, so does the demand for xanthan gum.