Get the latest insights on price movement and trend analysis of Xanthan Gum in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Xanthan Gum Price Trend for the First Half of 2023
As Xanthan Gum is fermented from agricultural products like corn, wheat, sugarcane, etc., the price trends for Xanthan Gum are largely dependent on its feedstock price trends. The Xanthan Gum market behaved in a very fluctuating manner. However, the market sentiment was observed to be inclined for most of the period.
Rising global inflation, along with curtailed supply chains, were primarily responsible for the rising grain prices. Some opposing trends were, however, seen as the Black Sea deal among Russia, Ukraine, and the United Nations came into effect, giving access to the Ukrainian produce as well. Overall, high swinging price trends were observed.
According to Procurement Resource, the price trends for Xanthan Gum are projecting similar fluctuating patterns in the upcoming months, given the unsettled feedstock supplies and downstream demand.
Xanthan Gum Price Trend for Second Half of 2022
In the Asian region, domestic maize starch production gained momentum and the cost of maize starch kept on rising positively impacting the xanthan gum market. The region also witnessed a slow supply of goods, an increase in crude oil production, and high demand from the end-user industries. The increased cost of production positively impacted the price trends for xanthan gum in the third and fourth quarters of 2022.
After a period of stagnancy, the production lines rose as the manufacturers saw a surge in prices to deal with the insufficient supply. The major cause of this incline is the surge in oil production in Saudi Arabia, supporting the production of xanthan gum. The rise in oil production enabled the manufacturing plants to increase their capacity and provide higher product outputs which helped in stabilizing the supply-demand equilibrium. With enormous demand and improved trading prices, the prices trend rose significantly during the concerned period.
According to Procurement Resource, the price trends for Xanthan Gum are expected to follow an upward trajectory owing to the significant demand from the end-user industries. Also, with support from the Saudi Arabia oil market, the prices of xanthan gum are expected to flourish in the upcoming months.
Xanthan Gum Price Trend For the First Half of 2022
The price trends for Xanthan Gum surged throughout the said period. Regarding xanthan gum prices, the mainstream transaction price of domestic food-grade xanthan gum 80 mesh averaged 36000-36500 RMB/ MT. The export price was significantly higher than the domestic price, and demand increased steadily. With the rising oil prices, the industry balance was lowered, causing the supply to suffer. Owing to the mismatch of market dynamics, the prices surged due to robust downstream demand.
Procurement Resource provides latest prices of Xanthan Gum. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Xanthan gum is basically a polysaccharide having many commercial uses. It can be prepared from simple sugars using a fermentation process. It is widely used in the food and beverages industry as an additive. It is employed as an effective thickening agent as well as a stabiliser in food products to prevent ingredients from separating. It got its name from the species of bacteria used in its production, Xanthomonas campestris.
|Product Name||Xanthan Gum|
|Industrial Uses||Food additive, Adhesive, Thickening agent, Sauces, Ice creams|
|Supplier Database||Archer Daniels Midland Company (ADM), Fufeng Group Company Limited, Cargill, Incorporated, DuPont de Nemours, Inc.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, aerobic submerged fermentation is performed with the help of the bacterium Xanthomonas campestris, a micro-organism found on cabbages. In the fermentation broth, a well aerated medium containing several elements is inoculated with this bacterium. Upon complete fermentation, Xanthan Gums are recovered with the addition of isopropyl alcohol, which causes other elements to precipitate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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