South America Xanthan Gum Market Key Companies and SWOT Analysis by 2028

The xanthan gum market in South America is expected to grow from US$ 25.56 million in 2021 to US$ 33.10 million by 2028; it is estimated to grow at a CAGR of 3.8% 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 market 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.

The country with the most confirmed COVID-19 cases in South America was Brazil, followed by Argentina, Peru, Chile, and Ecuador. Governments across the region have implemented several preventive measures to protect their residents and limit the spread of the novel coronavirus. Limitations on operations of various industries across the region have adversely affected the demand for xanthan gum for different applications which is further expected to restrain the growth of xanthan gum market in South America.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America xanthan gum market. The South America xanthan gum market is expected to grow at a good CAGR during the forecast period.

South America Xanthan Gum Market Segmentation

South America Xanthan Gum Market – By Form

• Dry
• Liquid

South America Xanthan Gum Market – By Application

• Food and Beverages
• Oil and Gas
• Pharmaceuticals and Nutraceuticals
• Personal Care
• Others

South America Xanthan Gum Market – By Country

• Brazil
• Argentina
• Rest of SAM   

South America Xanthan Gum Market – Companies Mentioned

• ADM
• Cargill, Incorporated
• CP Kelco
• Deosen
• FUFENG GROUP
• HEBEI XINHE BIOCHEMICAL CO. LTD
• Ingredion Incorporated
• Solvay

South America Xanthan Gum Report Scope