
Global xanthan gum market was valued at $722 million in 2016 to reach $1,076 million, and is anticipated to grow at a CAGR of 5.9% from 2017 to 2023. Xanthan gum is a polysaccharide secreted by the bacterium Xanthomonas Campestris. It owns several extraordinary and useful properties, such as change in viscosity at fluctuating temperatures, high viscosity at low concentrations, and excellent stability over a wide pH range. Moreover, it has the ability to increase the viscosity of the liquid by the addition of small quantity of gum as compared to other polysaccharides. It also provides good freeze-thaw stability and shows remarkable suspension characteristics. It is used as a stabilizer, emulsifier, thickener, suspending agent, fat replacer, and bodying agent in wide range of applications, such as food & beverages, personal care & cosmetic, oil & gas, medical, and other industrial applications.