Xanthan Gum Market | Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials

RnRMarketResearch Add New “Xanthan Gum Market Size, Share, Price | Industry Report 2022” Market Research Report to It’s a Database.

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The xanthan gum market, estimated at USD 373.6millionin 2016, is projected to grow at a CAGR of 3.25%, to reach USD 452.8million by 2022.The growth in inclination of consumers toward convenience food is fueling the demand for xanthan gum, as it is used in various convenience food applications owing to its properties such as thickening and stabilizing. The market is majorly driven by factors such as increase in demand for gluten free products, multifunctionality of xanthan gum, and rise in demand for natural food additives. However, use of guar gum as a substitute for xanthan gum, is restraining the growth of the market. Growing oil & gas extraction and drilling activities, especially in North America and the Middle Eastern countries are paving new opportunities for the xanthan gum market.

On the basis of application, the food & beverages segment, by application, is estimated to lead the market, followed by oil & gas, in 2016. Xanthan gum is a low fat and naturally obtained ingredient that is used in various food applications. Growth in awareness among consumers toward synthetic ingredients utilized in food products and increase in demand for low calorie food across the world enabled food processing companies to increase the use of xanthan gum as a food additive. This trend has resulted in a tremendous demand for xanthan gum in the food & beverages industry, which is expected to contribute to the growth of the xanthan gum market in the coming years.

Break-up of primaries is as follows:

• By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 –20%
• By Designation Level: Director Level – 28%, C Level –22%, and Others– 50%
• By Region: North America – 40%, Europe – 30%, Asia-Pacific – 21%, and RoW – 9%

Research Coverage:

The report segments the xanthan gum market on the basis of application, function, form, and region. In terms of insights, this research report has focused on various levels of analyses—trade analysis, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global xanthan gum market, high-growth regions, countries, government initiatives, drivers, restraints, and opportunities.

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Key points from table of content:

Company Profiles :

(Overview, Products & Services, Strategies & Insights, Developments)*

• Cargill (U.S.)
• E. I. du Pont de Nemours and Company (U.S.)
• Archer Daniels Midland Company (U.S.)
• Solvay (Belgium)
• Fufeng Group Company Ltd(China)
• Ingredion Incorporated (U.S.)
• CP Kelco (U.S.)
• Jungbunzlauer Suisse AG (Switzerland)
• Deosen Biochemical Ltd. (China)
• Fuerst Day Lawson (U.K.)

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