Xanthan Gum Market Trends, Share, by 2023


Posted August 26, 2019 by MPatni

Xanthan Gum Market Research Report- By Form (Dry, Liquid), Function (Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials), Application (Food & Beverages, Oil & Gas, Pharmaceuticals) Forecast Till 2023
 
Xanthan Gum Market Overview:
Xanthan gum is a polysaccharide, which is manufactured from a wide range of sugars using fermentation process. It is mainly used as a thickener and stabilizer to improve the structural properties of the food products. Owing to these factors, they are used in the heavy end industries such as food & beverages, oil & gas, pharmaceuticals, and others. The global xanthan gum market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, North America holds the major share of the global market and is projected to continue leading, owing to the increasing consumption of the product in food & beverages, oil & gas, pharmaceuticals, and others.
Xanthan Gum Market Key Players:
Some of the well-known players operating in the global xanthan gum market are;
• Aspen Aerogels, Inc. (U.S.)
• Cabot Corporation (U.S.)
• Aerogel Technologies, LLC (Germany)
• Nano High-Tech Co., Ltd. (China)
• Guangdong Zhaoqing L&V Co. Ltd. (China)
• Active Aerogels (Portugal)
• Enersens SAS (France)
• JIOS Aerogel Limited (U.S.)
• BASF SE (Germany)
• Svenska Aerogel AB (Sweden)
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Xanthan Gum Market Regional Analysis:
The xanthan gum market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds a major share of the market due to the growing consumption of the product in food & beverages, oil & gas, pharmaceuticals, and others. The increasing demand for xanthan gum in food additives and its extensive use in drugs, tablets have propelled the region to witness a higher growth over the assessment period. Countries such as the U.S., Canada, and Mexico are the major players in this market.
The Asia Pacific region is growing significantly in the market due to rapid urbanization coupled with technology. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing personal care concerns, improving lifestyles and an increase in the number of restaurants have propelled the countries such as China, Japan, and India to achieve a stunning growth in the market during the forecast period.
Xanthan Gum Market Segmentation:
The global xanthan gum market is segmented into the form, function, and application. On the basis of the form, the market is segregated into dry, and liquid segments. On the basis of the function, the market is sub-divided into thickeners, stabilizers, gelling agents, fat replacers, and coating materials segments. On the basis of the application, the market is bifurcated into food & beverages, oil & gas, pharmaceuticals, and others.
Xanthan Gum Market Table of Content to be Continue…...,
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Issued By Mpatni
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Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Country India
Categories Business , Industry
Tags xanthan gum market share , xanthan gum market size
Last Updated August 26, 2019