Report Ocean has recently published the “Xanthan Gum Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
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.
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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.
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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
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
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
What Are the Key Data Covered in This Market Report?
- The report may provide data on the current market size, historical data for previous years, and projections for future growth.
- This data may be presented in terms of revenue, market share, or other relevant metrics.
- The report may include data on the segmentation of the market based on various factors such as product type, application, end-user industry, and geography.
- This data helps to understand the market dynamics within different segments
- The report may highlight key trends and drivers that are shaping the market. This can include technological advancements, regulatory changes, consumer behavior, and industry developments.
- Data on these trends and drivers can provide insights into the factors influencing market growth.
- The report may provide data on the competitive landscape of the market, including key players, their market share, and strategies.
- This data helps to assess the competitive intensity and market positioning of different companies operating in the market.
- The report may outline the challenges and opportunities faced by market participants. This can include factors such as regulatory hurdles, competitive pressures, and emerging market opportunities.
- Data on these challenges and opportunities can inform business decisions and strategies.
- The report may provide data on the market performance and trends in different regions or countries. This can include data on market size, growth rate, and key players in each region.
- Regional data helps to understand market dynamics at a local level.
- The report may include data on consumer behavior, preferences, and buying patterns related to patient engagement solutions.
- This data can provide insights into customer needs and expectations, helping businesses tailor their offerings accordingly.
- The report may provide forecasts for the future of the market based on historical data, market trends, and other factors.
- This data helps stakeholders understand the potential growth and opportunities in the market.
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
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- Who are the major competitors in the market and what is their market share?
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- What are the regulatory and legal factors impacting the market?
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- What are the pricing trends and strategies observed in the market?
- What are the distribution channels and their effectiveness in reaching the target market?
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