The modern-day document posted via Report Ocean, titled “Xanthan Gum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Xanthan gum market was valued at $722 million in 2016 to reach $1,076 million, and is anticipated to grow at a CAGR of 5.9% from 2017 to 2023. Xanthan gum is a polysaccharide secreted by the bacterium Xanthomonas Campestris. In 2015, Asia-Pacific and North America were the leading regions, in terms of both value and volume. Asia-Pacific is the leading and fastest growing region for xanthan gum, owing to the increase in processed foods production and development in oil & gas production in China and India. The growth of xanthan gum in North America is driven by the development of new technologies to enhance the quality of xanthan gum and the implementation of favorable regulatory policies.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=31534
It owns several extraordinary and useful properties, such as change in viscosity at fluctuating temperatures, high viscosity at low concentrations, and excellent stability over a wide pH range. Moreover, it has the ability to increase the viscosity of the liquid by the addition of small quantity of gum as compared to other polysaccharides. It also provides good freeze-thaw stability and shows remarkable suspension characteristics. It is used as a stabilizer, emulsifier, thickener, suspending agent, fat replacer, and bodying agent in wide range of applications, such as food & beverages, personal care & cosmetic, oil & gas, medical, and other industrial applications.
The factors that drive the global market are increase in demand for xanthan gum in food & beverages industry, rise in demand for gluten-free products, change in consumer preference, surge in consumption of convenience food products, and multi-functionality of xanthan gum in varied application areas. However, high cost of xanthan gum and availability of relatively cheap substitutes and anti-dumping policies on xanthan gum hamper the market growth during the forecast period.
The global xanthan gum market is segmented based on application, function, and geography. On the basis of application, it is divided as food & beverages, oil & gas, personal care & cosmetics, medical, and others. On the basis of functions, it is categorized as thickening agent, stabilizing agent, suspending agent, fat replacer, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In September 2016, CP Kelco announced a plan to build a new manufacturing facility in North America to enhance its xanthan gum and gellan gum production capacity and also expand its biogums manufacturing footprint in the region.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=31534
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY MARKET BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current & emerging market trends and dynamics of the global xanthan gum market.
In-depth analysis of all regions is conducted by constructing the market estimations for key segments between 2017 and 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the market scenario across various regions.
Extensive analysis is conducted by following the key player positioning and monitoring the top competitors within the market framework.
The major market players are as follows
Fufeng Group Company Ltd.
CP Kelco
Cargill, Inc.
Solvay S.A.
E. I. Du Pont De Nemours and Company
FMC BioPolymer
MeiHua Holdings Group Co., Ltd.
Archer Daniels Midland Company
Ingredion Incorporated
The Zoranoc Oilfield Chemical
The other major players in the industry include the following
Deosen Biochemical Ltd.
Naturex SA
Deosen Biochemical Ltd.
Fuerst Day Lawson
Aurorachem
Hebei Xinhe Biochemical Co., Ltd.
Jungbunzlauer Suisse AG
Qingdao Great Chemical
Jianiong Biochemical
Weifang Santi Chemical Co.,Ltd.
Vasundhara Industries
Carst & Walker
KEY MARKET SEGMENTS
By Application
Food & Beverages
Sauces & Dressings
Meat & Poultry Products
Bakery Products
Confectionery Products
Beverages
Dairy Products
Others
Oil & Gas
Personal Care & Cosmetics
Medical
Others
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=31534
By Function
Thickening Agent
Stabilizing Agent
Suspending Agent
Fat Replacer
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Russia
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
Request full Report :- https://reportocean.com/industry-verticals/sample-request?report_id=31534
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website: https://www.reportocean.com