Global Xanthan Gum Market

Global Xanthan Gum Market was valued US$ 1,333.37 Mn in 2018 and is anticipated to reach US$ XX Mn by 2026 at a CAGR of about XX % during a forecast period.

Global Xanthan Gum Market by Foam

 

Global Xanthan Gum Market by Foam

Xanthan gum is a microbial polysaccharide used as a thickener in several industries such as food and beverages, cosmetics, and pharmaceutical. It is also known by other names such as bacterial polysaccharide, and corn sugar gum. Xanthan gum is manufactured by fermenting corn sugar with a bacterium named Xanthomonas Campestris.

The factors that drive the xanthan gum market growth are demand from food & beverages industry, gluten-free food products, multi-functionality of xanthan gum, change in consumer preferences, and rise in consumption of convenience food. However, high cost of xanthan gum & availability of relatively cheap substitutes and anti-dumping policies on xanthan gum hamper the market growth during the forecast period. Increase in demand for oil & gas drilling and production of xanthan gum using inexpensive & abundantly available raw materials is expected to provide a substantial growth opportunity in the near future.

Global Xanthan Gum market is segmented by foam, by function, by application and by region. In terms of foam, Xanthan Gum market is segmented into Dry and Liquid. Thickeners, Stabilizers, Gelling Agents, Fat Replacers and Coating Materials are the function of the Global Xanthan Gum market. Food & Beverages, Oil & Gas, Pharmaceuticals are application segment of Xanthan Gum market. Geographically, market segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Among the various segments of the market, the dry form of xanthan gum holds the major portion due to excellent features offered by the product such as ease of application, handling, storage, and transportation. Due to these features, this segment is expected to continue its dominance and set to drive the market growth over the assessment period.

The thickeners segment, by function, is estimated to be the largest market in 2017. Increased use of xanthan gum as a thickener in various personal care applications such as shampoos and lotions has been driving its demand over the last few years.

Food & beverages and oil & gas sectors are the two largest consumers of Xanthan gum globally, where these two applications segments are estimated to corner a market share in excess of 80% together. Xanthan gum is used in wide range food products, such as sauces, dressings, meat and poultry products, bakery products, confectionery products, beverages, dairy products, others.

North America holds a major share of the market due to the growing consumption of the product in food & beverages, oil & gas, pharmaceuticals, and others. The increasing demand for xanthan gum in food additives and its extensive use in drugs, tablets have propelled the region to witness a higher growth over the assessment period.

The objective of the report is to present a comprehensive analysis of the Global Xanthan Gum Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Xanthan Gum Market dynamics, structure by analyzing the market segments and project the Global Xanthan Gum Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Xanthan Gum Market make the report investor’s guide.

 

For More Information Visit :https://www.maximizemarketresearch.com/market-report/global-xanthan-gum-market/16756/

 
Scope of Global Xanthan Gum Market:

Global Xanthan Gum Market by Foam:

• Dry
• Liquid
Global Xanthan Gum Market by Function:

• Thickeners
• Stabilizers
• Gelling Agents
• Fat Replacers
• Coating Materials
Global Xanthan Gum Market by Application:

• Food & Beverages
• Oil & Gas
• Pharmaceuticals
Global Xanthan Gum Market by Region:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player Analysed in the Global Xanthan Gum Market:

• Cargill
• Fufeng Group Company Ltd
• Archer-Daniels-Midland Company
• Hebei Xinhe Biochemical Co Ltd
• Gum Technology Corporation
• Deosen Biochemical Ltd
• DuPont
• Meihua Holdings Group Co. Ltd
• Wego Chemical Group
• CP Kelco Inc.
• Jungbunzlauer AG
• Fuerst Day Lawso
• Ingredion Incorporated
• Solvay
• The Aurora Chemical
• The Zoranoc Oilfield Chemical
• FMC BioPolymer

 

This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: sales@maximizemarketresearch.com

Address : Pune, Maharashtra 411051, India.

Contact: +919607195908

Comments are closed