Title: Xanthan Gum Market trends research and projections for 2017-2024
1Xanthan Gum Market analysis research and trends
report for 2017-2024
2Global Market Scenario of Xanthan Gum Market
- Industry Overview
- Xanthan Gum Market size was more than 150 kilo
tons for 2015 and is predicted to register more
than 5.2 CAGR during forecast timeframe. Oil
Gas firms are actively involved in setting up
enhanced oil recovery(EOR) methods to improve
crude oil natural gas production from potential
exhausting reserves that can propel industry
expansion. - Rising demand for food beverages owing to fast
growing population and improved customer
lifestyle in BRICS nations is predicted to fuel
industry growth. Food beverages segment was
evaluated at more than 8.51 trillion for 2004
and crossed 15.1 trillion mark for 2015. New
products launched by firms like Kraft foods,
Nestle and Udi is predicted to drive industry
expansion. - Increasing significance of cosmetic items like
lotions, denture cleaners and shampoos along with
growing consciousness about risks associated with
synthetic personal care items are predicted to
propel Xanthan gum market globally. Cosmetic
segment was evaluated at 156 billion for 2006
and surpassed 221 billion for 2015 registering
CAGR of more than 3.51 CAGR.
3Continue.....
Sanction from regulatory authorities like FDA(
U.S. Food Drug Administration) and USDA(U.S.
Department of Agriculture)for use of Xanthan gum
in drugs bakery items is predicted to boost
industry expansion. In addition to this, approval
by European commission of its use as thickener,
emulsifier, gelling agent and stabilizer in food
beverage segment has further driven the
industry growth. Gaur gum is a good substitute
for Xanthan gum as it displays beneficial
features like high solubility and viscosity.
Growing significance of guar gum applications in
food beverage segment and hydraulic fracturing
can hinder the industry demand and adversely
affect Xanthan gum market price trends.
4Europe Xanthan Gum Market size, by application,
2012-2023 (Kilo Tons)
5360 Analysis
Application Analysis Global industry is
segmented into various applications food
beverage applications, oil gas applications and
pharmaceutical applications. Food beverage
segment is predicted to register more than 6.1
CAGR in terms of revenue. Regional
Analysis The industry is segmented into key
geographical regions like North America, APAC,
Europe, Latin America and MEA. North America ,
dominated by U.S Xanthan gum market share, was
valued at higher than 220 million for 2015.
Rapid recovery of pharmaceutical segment in U.S.
due to large scale expenditure on drugs can
create favorable effect on product
demand. Competitive Market Share Key industry
players profiled in the report include Deosen
Biochemical limited, CP Kelco, Qingdao Unionchem
Company Limited, Gum Technology Corporation,
Jungbunzlauer, Meihua Holdings Group Company
Limited, Cargill, Fufeng Group Company Limited,
Hebei Xinhe Biochemical Company Limited, Pfizer
Incorporation, DuPont Danisco, Sancho Lee
Company Limited and Solvay Group.
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