Xanthan Gum Market Overview:
Increasing demand from end use industries includes oil & gas, food and beverages among others is escalating the demand for the Xanthan gum market. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum.
Xanthan Gum Market Key Players:
Some of the prominent players operating in the global xanthan gum market are
- Cargill (U.S.)
- DuPont (U.S.)
- Archer Daniels Midland Company (U.S.)
- Solvay (Belgium)
- Fufeng Group Limited (China)
- Ingredion Incorporated (U.S.)
- CP Kelco (U.S.)
- Jungbunzlauer Suisse AG (Switzerland)
- Deosen Biochemical Ltd (China)
- Fuerst Day Lawson (U.K.)
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Xanthan Gum Market Geographical Analysis:
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Xanthan Gum Market Segmental Analysis:
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.
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 Table of Content to be Continue…….,
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