Xanthan Gum Market Share, Sales Revenue, Insight Size Analysis Forecast by MRFR - 2023

Xanthan Gum Market Overview:
Xanthan Gum is manufactured from carbon sources by fermentation process utilizing the gram-negative bacterium Xanthomonas campestis. It is a polysaccharide composed of very high molecular weight molecules. It is soluble in cold and hot water. It is widely used as an additive, thickeners, stabilizers, and others to impart better taste and quality to the food products.

This product has excellent binding properties and acts as an emulsifying agent in various products. Due to these factors, they are used in various applications such food & beverages, oil & gas, pharmaceuticals, and others.

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Xanthan Gum Market Key Players:
Some of the well-known players operating in the global xanthan gum market are Aspen Aerogels, Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies, LLC (Germany), Nano High-Tech Co., Ltd. (China), Guangdong Zhaoqing L&V Co. Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Limited (U.S.), BASF SE (Germany), and Svenska Aerogel AB (Sweden) among others.

Xanthan Gum Market Segmental Analysis:
The global xanthan gum market is segmented into the form, function, and application. On the basis of the form, the market is segregated into dry, and liquid segments. The market for the function is sub-divided into thickeners, stabilizers, gelling agents, fat replacers, and coating materials segments. The market for the application is bifurcated into food & beverages, oil & gas, pharmaceuticals, and others.

Xanthan Gum Market Geographical Analysis:
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Xanthan Gum Market Regional Analysis:
Xanthan Gum Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, 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. Countries such as the U.S., Canada, and Mexico are the major players in this market.

The Asia Pacific region is growing significantly in the market due to rapid urbanization coupled with technology. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing personal care concerns, improving lifestyles and an increase in the number of restaurants have propelled the countries such as China, Japan, and India to achieve a stunning growth in the market during the forecast period.

Xanthan Gum Market Table of Content to be Continue…….,

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