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. It is estimated that the food & beverages segment is set to observe the highest CAGR in the market due to growing use of the product in sauces, gluten-free products, and others. The increasing demand for the product in oil & gas, pharmaceutical sectors have propelled the market to witness a rapid growth during the forecast period. These factors led the U.S., Canada, and Mexico to be the leading players in this region.
The Asia Pacific market is expected to grow at a higher CAGR due to extensive consumption of the product in various food products such as ice-cream, frozen desserts, and others. The growing replacement of fatty materials by Xanthan Gum is projected to fuel the market in the coming years. China, Japan, and India have achieved a significant stage in the market due to rising per capita income and high disposable income in the end-use industries. Therefore, the growing demand for the product in automotive and pharmaceutical sectors is estimated to drive the market during the forecast period.
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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. The market for the function is sub-divided into thickeners, stabilizers, gelling agents, fat replacers, and coating materials segments. The market for the application is bifurcated into food & beverages, oil & gas, pharmaceuticals, and others.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Fundamentals of Table of Contents:
12. Company Profiles
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 Archer Daniels Midland Company
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 Fufeng Group Limited
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
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