openPR Logo
Press release

North America Xanthan Gum Market is likely to surpass USD 445 million by 2026 | By key players Deosen Biochemical, Fufeng Group, CP Kelco, DuPont, ADM, Cargill

North America Xanthan Gum Market is likely to surpass USD 445

According to a new research report by Global Market Insights, Inc., the Xanthan Gum Market size is set to surpass $1.4 billion by 2026. Increasing demand for high performance and gluten free additives in food & beverage sector is likely to accelerate the global market.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/512

Top Key Players in The Market are:

Global xanthan gum market share is consolidated. Deosen Biochemical, Fufeng Group, CP Kelco, DuPont, ADM and Cargill are among notable industry players. Other participants include Pfizer, Sancho &Lee, Meihua Holdings, Solvay Group, Kantilal Brothers, Jungbunzlauer and Qingdao Unichem.

Rising demand for food & beverages across the globe due to growing population along with improved consumer lifestyle in BRICS countries is expected to favorably affect xanthan gum market size over the coming years. Food & beverages sector contributed a revenue of USD 8.50 trillion in 2004, which exceeded USD 15 trillion in 2015. The product is extensively used in this sector due to its ability to enhance moisture retaining capacity and improve shelf life of baked items. Xanthan Gum finds wide applications in cosmetic products such as lotions, denture cleaners, and shampoos due to its thickening & stabilizing property. Furthermore, FDA and USDA approval for the use of xanthan gum in bakery foods and medicines will provide huge growth opportunities for the industry over the coming years. European commission has also approved the use of xanthan gum as an emulsifier, gelling agent, thickener, and stabilizer in food & beverages sector.

Oil & gas firms are actively involved in setting up enhanced oil recovery processes to increase the production of crude oil & natural gas from potentially exhausting reserves and this can boost the xanthan gum market growth over the coming years. Crude oil output across the globe was 3950 kilotons in 2007 and reached 4130 million tons in 2015. Growing spending on production, exploration, and development of crude oil & gas in upstream segment have played a vital role in enhancing the crude oil production across the globe. Global upstream expenditure was worth USD 410 billion in 2009, and exceeded USD 660 billion in 2015. Furthermore, strategic initiatives such as new exploration licensing policy announced by the Indian government to encourage exploration and production activities in oil & gas sector, is projected to drive the industry trends over the coming years.

Xanthan gum finds its applications in cosmetics, oil & gas, and pharmaceutical sector. Xanthan gum market revenue in oil & gas sector worth USD 300 million in 2015, is expected to grow at a rate of 6.2% over 2016-2023. The growth can be credited to its wide application in horizontal drilling as well as demand for better control of drilling solids.
Xanthan gum market share in pharmaceutical sector is predicted to exceed USD 55 million by 2023, with expected gains of 5.2% over 2016-2023. The growth can be credited to its use as diluents & disintegrants in tablets as well as protective colloids in suspensions.

Asia Pacific xanthan gum market size was the largest among all regions and is expected to generate over USD 495 million by 2023. Increasing urbanization, rising disposable income, expansion of stores, supporting economic factors and availability of easy finance is driving regional demand. Automotive growth in India, China, Malaysia, Indonesia and Thailand is expected to fuel demand for paints and coatings manufacturers to boost regional production capacity.

Request for an in-depth table of contents for this report @
https://www.gminsights.com/toc/detail/xanthan-gum-market

North America, driven by the U.S. xanthan gum market share, is poised to grow at 5.3% CAGR by 2023. Strong pharma spending cue will be a telling factor on demand. Europe xanthan gum market size is expected to exceed in terms of revenue at USD 235 million by 2023. Pharmaceutical applications are expected to exceed USD 10.2 million by 2023. Increasing R&D investments across the pharmaceutical industry will drive growth.

Browse More News:

https://www.globenewswire.com/news-release/2018/10/31/1639860/0/en/Rubber-Processing-Chemicals-Market-to-exceed-5-3bn-by-2025-Global-Market-Insights-Inc.html

https://www.prnewswire.com/news-releases/fragrance-ingredients-market-to-exceed-18-billion-by-2024-global-market-insights-inc--887694796.html

https://www.globenewswire.com/news-release/2018/09/06/1566224/0/en/Industrial-Liquid-Coatings-Market-to-surpass-70bn-by-2025-Global-Market-Insights-Inc.html

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.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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 North America Xanthan Gum Market is likely to surpass USD 445 million by 2026 | By key players Deosen Biochemical, Fufeng Group, CP Kelco, DuPont, ADM, Cargill here

News-ID: 2279740 • Views: 189

More Releases from Global Market Insights Inc.

High Performance Organic Pigments Market: Global Industry Size, Demand, Trends a …
High performance organic pigments are currently gaining immense momentum across a variety of applications, right from automotive coatings to industrial plants, boasting of multiple requirements. These pigments have been characterized by their superior exceptional weather characteristics, along with exclusive benefits in terms of high value-added economics and persistence in application. Product developments in this field have, indeed, paved the way for the high-performance organic pigments market to seize a significant
Global Moisture Curing Adhesives Market – Detailed analysis of current Industr …
Adhesives, for over a while now, have been potentially serving the global industries including construction, automotive, and others when it comes to joining two or more components. While the above mentioned industries are quite aware of the basic waterborne- or solvent-based cure adhesives, the world has begun witnessing the emergence of a revolutionary specialty chemical and compound in this realm; moisture curing adhesives. What are moisture cure adhesives? These kinds
Fluorinated Ethylene Propylene Market in U.S to achieve considerable growth in 2 …
Global Fluorinated Ethylene Propylene Market is anticipated to witness prominent growth on account of its increasing applications in the construction, renewable energy, automotive, chemical processing, and electrical & electronics industries. The product exhibits properties like greater breakdown voltage, longer life and good mechanical strength, making its application vital in electrical cable and wires that are used in power distribution lines. A noticeable rise in government initiatives to expand existing power
Conformal Coatings Market in U.S is predicted to see lucrative gains over 2020-2 …
Conformal solution market is a protective, breathable coating of polymer films ranging from 25 to 75 microns of thickness or specially chosen chemicals. The solution is used for protecting electronic circuits from extreme environments, chemical contaminations and moisture seepages. Conformal coatings are used in defense gadgets, automotive and other circuit-based applications. Conformal coatings market are electrically insulating which helps the solution maintain surface insulation resistance levels for longer times. It also

All 5 Releases


More Releases for USD

$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites applications for companies, teams or venture capitalists for a $100,000,000 USD job contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com. There
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Radiopharmaceuticals Market USD 350 Million by 2020
Radiopharmaceuticals Market 2013-2020 report estimates the global radiopharmaceuticals market to reach nearly USD 350 Million in 2020, at a CAGR of 4.9% from 2016 to 2020 - iHealthcareAnalyst, Inc. Visit the Radiopharmaceuticals Market 2013-2020 report https://www.ihealthcareanalyst.com/report/radiopharmaceuticals-market/ Medicinal radiocompounds or radiopharmaceuticals are a group of pharmaceutical drugs which have radioactivity and they can be used as diagnostic and therapeutic agents. Radiopharmaceuticals are used in the field of nuclear medicine as radioactive tracers
Orthobiologics Market USD 5.8 Billion by 2020
Orthobiologics Market 2013-2020 report estimates the global orthobiologics market to reach nearly USD 5.8 Billion in 2020, at a CAGR of 6.2% from 2016 to 2020 - iHealthcareAnalyst, Inc. Visit the Orthobiologics Market 2013-2020 report https://www.ihealthcareanalyst.com/report/orthobiologics-market/ The global orthobiologics market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global orthobiologics market segmentation is based on product types (allograft, bone