openPR Logo
Press release

Whats driving the Xanthan gum Market Growth? Cargill, Deosen Biochemical Ltd, Fufeng Group Company Ltd, Gum Technology Corporation, Hebei Xinhe Biochemical Co Ltd, Jungbunzlauer, CP Kelco, Meihua Holdings Group Co

Whats driving the Xanthan gum Market Growth? Cargill, Deosen

Growing demand for cosmetics, particularly in emerging economies, is anticipated to fuel xanthan gum market size in the upcoming years. A considerable uptick in disposable per capita income of consumers along with upgradation in living standards in China, India, Indonesia, and Malaysia has resulted in increased demand for personal care products. The substance is extensively used as a thickening and stabilizing agent in shampoos, lotions, and denture cleaners.

The FDA has approved the use of xanthan gum for direct consumption under the Code of Federal Regulations (CFR 21). However, the enforcement of anti-dumping policies by the U.S. Department of Commerce might hamper the business growth up to a certain degree.

Get Sample For Technological Breakthroughs @ https://www.decresearch.com/request-sample/detail/512

Global xanthan gum market size will cross US$1.184 billion valuation by 2023. Regulatory approvals from the U.S. Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA) for the use of xanthan gum in bakery products and pharmaceuticals will have a huge impact on the industry size.

Top Key Players are

1. Cargill
2. Deosen Biochemical Ltd
3. Fufeng Group Company Ltd
4. Gum Technology Corporation
5. Hebei Xinhe Biochemical Co Ltd
6. Jungbunzlauer
7. CP Kelco
8. Meihua Holdings Group Co. Ltd
9. Pfizer Inc
10. Kantilal Brothers
11. Qingdao Unichem Co Ltd
12. Archer Daniels Midland
13. DuPont Danisco
14. Qingdao Unionchem Co Ltd
15. Sancho & Lee Co. Ltd
16. Solvay Group
17. Unionchem

Growth drivers are
• Oil & gas industry growth
• Booming food & beverage sector
• Growth in cosmetic industry
• Favorable regulations

In terms of applications, food & beverage sector is likely to dominate global xanthan gum industry share and will witness growth at a CAGR of 5.5% through 2023. Xanthan gum is used to stabilize frozen food products via freeze and thaw cycles by regulating the growth of ice crystals. The product helps retain moisture while preventing staling, significantly extending the shelf-life of food and beverage products.

Place An Inquiry Before Investment (Use Corporate Details Only): https://www.decresearch.com/inquiry-before-buying/512

Meanwhile, oil & gas application segment will experience a healthy CAGR of over 6.2% during the analysis timeline. This growth can be largely attributed to positive oil & gas exploration and production (E&P) outlook in China. The pharmaceutical industry is also proliferating on account of growing R&D investments. Pharmaceutical application segment for xanthan gum will reach US$10.2 million by 2023.

Changing climatic conditions in China, India, and Australia along with a rising aging population have resulted in increased demand for skin care products. Asia Pacific holds a dominant share in global xanthan gum industry and is projected to exceed US$495 million by 2023.

Moreover, rapid expansion of the automotive sector in China, India, Malaysia, Thailand, and Indonesia is expected to fuel the demand for automotive paints and coatings. Factors such as rapidly growing urbanization, industrialization, rising per capita income levels, expansion of stores, favorable economic factors, and the availability of easy finance will certainly complement the regional outlook over the forthcoming years.

If You Want Discount This Report Now here @ https://www.decresearch.com/request-discount/512

Meanwhile, North America xanthan gum industry, driven by U.S., is slated to witness a CAGR of 5.3% through 2023. Ongoing investments in technological development in the regional oil & gas sector for implementing advanced enhanced oil recovery (EOR) techniques to boost the production output for natural gas and crude oil will foster the regional growth.

Surging demand for petroleum and petroleum products in oil & gas applications has led to increased drilling activities in North America. Additionally, heavy investments in the pharmaceutical industry will offer lucrative opportunities to regional manufacturers. On the other hand, Europe xanthan gum market size will be worth more than US$235 million by the end of the forecast period.

Contact Us

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Whats driving the Xanthan gum Market Growth? Cargill, Deosen Biochemical Ltd, Fufeng Group Company Ltd, Gum Technology Corporation, Hebei Xinhe Biochemical Co Ltd, Jungbunzlauer, CP Kelco, Meihua Holdings Group Co here

News-ID: 2075004 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for China

Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Analysis of the Global And China Handheld Transceiver Market-Top players BAOFENG …
The Global And China Handheld Transceiver Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Handheld Transceiver industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc. Key Regions First-tier Cities • Beijing • Shanghai • Guangzhou • Shenzhen Free Sample PDF Copy of Handheld Transceiver Market research report @ https://www.qyresearchgroups.com/request-sample/453291 Report Includes:- This report focus Chinese market, it covers details as following: Key
Analysis of the Global And China Calculator Market-Top players Aurora(Taiwan, Ch …
The Global And China Calculator Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Calculator industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc. Key Regions First-tier Cities • Beijing • Shanghai • Guangzhou • Shenzhen Free Sample PDF Copy of Calculator Market research report @ https://www.qyresearchgroups.com/request-sample/453273 Report Includes:- This report focus Chinese market, it covers details players regions product type and
Analysis of the Global And China Activity Tracker Market-Top MI(China), Huawei(C …
The Global And China Activity Tracker Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Activity Tracker industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc. Key Regions First-tier Cities • Beijing • Shanghai • Guangzhou • Shenzhen Free Sample PDF Copy of Activity Tracker Market research report @ https://www.qyresearchgroups.com/request-sample/453264 Report Includes:- This report focus Chinese market, it covers details players regions
Analysis of the Global And China Money Counter Market-Top players Deli(China) ,W …
The Global And China Money Counter Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Money Counter industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc. Key Regions First-tier Cities • Beijing • Shanghai • Guangzhou • Shenzhen Free Sample PDF Copy of Money Counter Market research report @ https://www.qyresearchgroups.com/request-sample/453304 Report Includes:- This report focus Chinese market, it covers details as following: Key
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis