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Xanthan Gum Market by Application, Function, Form, and Region - Global Forecast to 2022

Xanthan Gum Market: Global Forecast until 2022

  • February 2017
  • 148 pages
  • ID: 4734934
In this report:
The RoW xanthan gum market was valued at USD ##.## million in 2015 and is expected to grow at a CAGR of ##.##% during the forecast period.
The liquid xanthan gum segment is expected to have a CAGR of ##.##% to reach a market size of USD ##.## million by 2022.
This segment is expected to grow at the highest CAGR of ##.##% during the forecast period to reach USD ##.## million by 2022.

Summary

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"Xanthan gum market is estimated to rise at a compound annual growth rate of ~3.3 percent"

The xanthan gum market, estimated at $373.60M in 2016, is expected to rise at a compound annual growth rate (CAGR) of ~3.3 percent, to attain $452.80M by 2022. The rise in inclination of consumers toward convenience food is fueling the industry demand for xanthan gum, as it is used in different convenience food applications according to its properties including thickening and stabilizing. The sector is mainly driven by Elements such as rise in demand for gluten free products, multifunctionality of xanthan gum, and increase in demand for natural food additives. Nevertheless, use of guar gum as a substitute for xanthan gum, is restraining the increase of the market. Increasing oil & gas extraction and drilling activities, especially in North America and the Middle Eastern countries are paving new opportunities for the xanthan gum market.

"Food & beverages segment is expected to grow at the highest compound annual growth rate (CAGR)"

On the basis of application class, the food & beverages segment, by application, is estimated to result the industry, succeeded by oil & gas, in 2016. Xanthan gum is a low fat and naturally obtained ingredient that is used in several food applications. Increase in appreciation among consumers toward synthetic ingredients utilized in food products and rise in demand for low calorie food across the globe enabled food processing firms to rise the use of xanthan gum as a food additive. This forecast has resulted in a tremendous demand for xanthan gum in the food & beverages market, which is anticipated to contribute to the rise of the xanthan gum market in the next years.

"Asia-Pac is intended to be the quickest-increasing area in the overall xanthan gum market"

Asia Pacific (APAC) is forecasted to be the quickest developing market for the outlook period considered for this analysis, due to rise in demand for xanthan gum in food & beverage and personal care sectors in this area. China (CN) is anticipated to lead the sector for xanthan gum in the Asia Pacific (APAC) area for the upcoming five years, as a result of increase in urbanization, quick economic development, and change in lifestyles.

Distribution of primaries is like:

By Company Type: Tier 1 - 50.0 percent, Tier 2 - 30.0 percent, and Tier 3 -20.0 percent

By Designation Level: Director Level - 28.0 percent, C Level - 22.0 percent, and Others - 50.0 percent

By area: North america (NA) - 40.0 percent, Europe - 30.0 percent, Asia-Pacific - 21.0 percent, and rest of the world - 9.0 percent

Key players decribed in this business report:

- Cargill

- E. I. du Pont de Nemours and Organization

Segment Research

The document breaks down the xanthan gum market based on application, function, form, and area. In terms of insights, this market research has emphasized different levels of analyses-trade study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall xanthan gum market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

- To get a comprehensive overview of the xanthan gum market

- To benefit wide ranging information about the top actors in this market, their service portfolios and top strategies approved by them

- To benefit business insights about the main countries/localities in which the xanthan gum market is prospering

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