Global Xanthan Gum Market overview:
With the slowdown in world economic growth, the Xanthan Gum industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Xanthan Gum market size to maintain the average annual growth rate of 2.26% from 360.00 million $ in 2014 to 385.00 million $ in 2017, Market analysts believe that in the next few years, Xanthan Gum market size will be further expanded, we expect that by 2022, The market size of the Xanthan Gum will reach 452.80 million $.
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The Global Xanthan Gum Market growth are demand from food & beverages industry, gluten-free food products, multi-functionality of xanthan gum, change in consumer preferences, and rise in consumption of convenience food. However, high cost of xanthan gum & availability of relatively cheap substitutes and anti-dumping policies on xanthan gum hamper the market growth during the forecast period. Increase in demand for oil & gas drilling and production of xanthan gum using inexpensive & abundantly available raw materials is expected to provide a substantial growth opportunity in the near future.
Global Xanthan Gum Market is segmented on the basis of Application, Function, Type Form and Region. Based on the application segment, by food & beverage, is estimated to be the largest market for xanthan gum, in 2018. Increase in use of xanthan gum in dairy, bakery, confectionery, sauces & dressings, meat & poultry, beverages, and many other food applications has positively impacted this market.
Based on type Form Segment into xanthan gum in dry form is estimated to be the largest market in 2018. Xanthan gum in its dry form has a high demand in pharmaceutical and personal care companies for the manufacturing of products such as tablets and toothpastes, as its dry form is easier to use than its liquid form; and it also enhances the structure of the product. Xanthan gum powder has remarkable increase in demand in food applications such as salad dressings, bakery products, and frozen foods over the last few years.
As per regional analysis, North American region is estimated to be the largest market for xanthan gum in 2018. The increase in use of xanthan gum as an emulsifier, flavor enhancer, stabilizer, thickener, and texturizer in the food industry and growth in concern for healthy diet among consumers is fueling the demand for xanthan gum in the North American market. Major demand for xanthan gum from the oilfield sector has been seen due to continuous rise in oil drilling and shale gas production in the North American region.
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Major Key Players:
1 Cargill
2 E. I. Du Pont De Nemours And Company
3 Archer Daniels Midland Company
4 Solvay
5 Fufeng Group Company Ltd.
6 Ingredion Incorporated
7 Cp Kelco
8 Jungbunzlauer Suisse Ag
9 Deosen Biochemical Ltd.
10 Fuerst Day Lawson
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Xanthan Gum Market Report 2018
1 Xanthan Gum Definition
2 Global Xanthan Gum Market Major Player Share and Market Overview
3 Major Player Xanthan Gum Business Introduction
4 Global Xanthan Gum Market Segmentation (Region Level)
5 Global Xanthan Gum Market Segmentation (Product Type Level)
6 Global Xanthan Gum Market Segmentation (Industry Level)
7 Global Xanthan Gum Market Segmentation (Channel Level)
8 Xanthan Gum Market Forecast 2018-2022
9 Xanthan Gum Segmentation Type
10 Xanthan Gum Segmentation Industry
11 Xanthan Gum Cost Analysis
12 Conclusion
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