Global Xanthan Gum Market is Expected to Reach $485.64 million by 2023

Report Sellers has added a new market research report “Xanthan Gum - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Xanthan Gum market is expected to grow from $351.24 million in 2016 to reach $485.64 million by 2023 with a CAGR of 4.7%. Growing demand for gultenfree and natural products, changes in consumer lifestyle & preference, and increasing demand from food & beverage industry are the factors boosting the market growth during the forecast period. However, quality issues of xanthan gum, competition form substitute products are hindering the market growth.

Among the applications, food & beverage segment is expected to witness high growth rate during the forecast period due to growing usage of xanthan gum in confectionery products, sauces & dressings, dairy products, and bakery products. Thickeners segment is witnessing a significant growth driven by rising applications in personal care. North America accounted for the largest share in global market due to increasing awareness about healthier diet products, rising in oil drilling activities. Asia Pacific is expected to witness fastest growth on account of rising demand from china.

Some of the key players in global xanthan gum market include Archer Daniels Midland Company, Cargill, Cp Kelco, Deosen Biochemical Ltd., E. I. Du Pont De Nemours and Company, FMC BioPolymer, Fuerst Day Lawson, Fufeng Group Company Ltd., Hebei Xinhe Biochemical Co., Ltd., Ingredion Incorporated, Jungbunzlauer Suisse AG, MeiHua Holdings Group Co., Ltd, Qingdao Unionchem Co Ltd., Solvay, The Aurora Chemical, and The Zoranoc Oilfield Chemical.

Browse through the complete description and in-depth TOC on “Global Xanthan Gum Market”
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What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Xanthan Gum Market has been segmented by forms covered, functions covered, applications covered and regions covered

Forms Covered: 
Liquid Form 
Dry Form

Functions Covered: 
Coating Materials 
Fat Replacers 
Gelling Agents 
Stabilizers 
Thickeners 
Other Functions 

Applications Covered: 
Pharmaceutical 
Agrochemicals 
Personal Care 
Oil & Gas 
Lab Research 
Printing Inks 
Paints 
Food & Beverages 
o Confectionery Products
o Sauces & Dressings
o Beverages
o Meat & Poultry Products
o Dairy Products
o Bakery Products
o Others
Other Applications 

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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