The global demand for Xanthan Gum Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2020-2026.
The xanthan gum refers as a polysaccharide with many industrial use. It is produced from simple sugar using a fermentation process. Xanthan gum is widely used as a thickening and stabilizing agent in a wide range of food and beverage and industrial product. It is highly soluble in both hot & cold water and has the ability to absorb more water than its own weight and capability to form a gel. These solutions are highly viscous at low polymer concentrations. Moreover, it is considered as a non-hazardous additive for a wide range of brines, drilling, and fracturing fluids.
Growing demand from the food & beverage industry, gluten-free food products, change in consumer preferences, and rise in consumption of convenience food are the factor driving the market growth. It is also used by cosmetic manufacturers. Moreover, the growth of the end-user industry such as personal care, pharmaceutical industry across the world is also upsurging the demand. However, the high cost of xanthan gum & the availability of relatively cheap substitutes may hamper the market growth during the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of xanthan gum.
The entire xanthan gum market has been sub-categorized into form, function and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Fat Replacers
- Coating Materials
- Gelling Agents
- Food & Beverage
- Oil & Gas
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for xanthan gum market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Xanthan Gum Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the xanthan gum market include Archer Daniels Midland Company, Cargill, Cp Kelco, Deosen Biochemical Ltd., E. I. Du Pont De Nemours and Company, Fuerst Day Lawson, Fufeng Group Company Ltd., Gum Technology Corporation, Ingredion Incorporated, Jungbunzlauer Suisse AG, Pfizer Inc, Sancho & Lee Co. Ltd. and Solvay. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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