Infinium Global Research has added a new report on Global Xanthan Gum Market. The report predicts the market size of Xanthan Gum is expected to reach 870 million by 2023.
The market size of Global Xanthan Gum surpassed USD 870 million in 2015 and it is expected to grow with a CAGR between 6.5% – 7.0% during the forecast period of 2017-2023. Xanthan gum is a polysaccharide secreted by the bacterium xanthomonas campestris. Xanthan gum is commonly used as a food additive and food thickening agent especially in salad for instance. It is produced by the process of fermentation of various sugars such as lactose, sucrose and glucose or formed by adding powered polysaccharide into liquid medium to form gum. Moreover, it is used as a stabilizing agent in cosmetic and personal care product and also performs the function of lubrication in various drilling operations.
Click below for sample request@ https://www.infiniumglobalresearch.com/Reports/MakeSampleRequest/159
Segments Covered:
The report segments the global xanthan gum market by application and by region. The market segmentation based on application includes major end user segment such as oil and gas drilling, food and beverages, cosmetic and personal care products and others includes pharmaceuticals, paper and coating etc. Moreover, oil &gas and food & beverages are the most lucrative end user segments and together accounted more than 70% of market share in 2015. Food and beverages is anticipated to be the fastest growing application of xanthan gum over the forecast period.
Companies Profiled:
• CP Kelco
• Fufeng Group Company Limited
• Cargill Inc.
• Archer Daniels Midland Company
• The Aurora Chemical
• Jungbunzlauer Suisse AG
• Hebei Xinhe Biochemical Co. Ltd.
• MeiHua Holdings Group Co.Ltd
• Deosen
• DuPont-Danisco
• The Zoranoc Oilfield Chemical
• Solvay S.A.
• FMC BioPolymer.
Click below to enquiry about this report@
https://www.infiniumglobalresearch.com/Reports/MakeEnquiryRequest/159
Key Topics Covered:
1. Report Overview
2. Executive Summary
3. Xanthan Gum Market Overview
4. Global Xanthan Gum Market, by Application, (USD Million) 2017 – 2023
5. Global Xanthan Gum Market, by Region, (USD Million) 2017 – 2023
6. Company profiles
Click below to access full report @ https://www.infiniumglobalresearch.com/chemical_material/global_xanthan_gum_market