The global xanthan gum market 2017 was accounted at $xx Million. It is projected to accelerate the market by $xx Million with a CAGR of xx% during the forecast period. Growth in demand for gluten-free beverage and food additives is anticipated to increase the global xanthan gum market. Moreover, rise in demand for products of enhanced oil recovery is anticipated to further increase the growth of xanthan gum industry. Rise in demand for the processed and packaged foods is estimated to surge the value for food products in the coming years. In addition, low cost alternatives like locust bean gum and guar gum are anticipated to affect the growth of xanthan gum market.

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Change in the preferences of customer, demand for beverages & food industry, multi-functional xanthan gum, increase in the usage of convenient food, gluten free products are the factors that are driving the growth of xanthan gum industry. In addition, cost-effective alternatives are available and expensiveness of xanthan gum and the policies of government on xanthan gum are affecting the growth of global xanthan gum market over the forecast period. Demand for gas & oil drilling and manufacture of xanthan gum by using the cost-effective raw materials is projected to offer a significant opportunity of growth over the forecast period.

The main driver for xanthan gum industry is the growth of end-use industry. Increase in disposable incomes is boosting the value for cosmetics & food, increasing the demand for xanthan gums market. The usage of convenient foods which contains xanthan gums has raised in the past years. Growth of economies in Asia Pacific region is gaining demand for convenience foods. Rising investment by government in healthcare is fueling the sales of pharmaceuticals worldwide, which is developing the global xanthan gum market.

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Food & beverage industry is expected to increase the demand for global xanthan gum industry. Although, development of food & beverage industry for the convenience foods is anticipated to drive the growth of global xanthan gum market during the forecast period. Another driver for xanthan gum industry is the superior to hydrocolloids. On the other hand, limitations witnessed by the xanthan gum industry involve the policies by government of U.S and the advanced finance on importing the products from China and Austria, with quality of xanthan gum provided by China leads the xanthan gum market share.

Guar gum and xanthan gum are used for the manufacturing of gluten-free products of food. Guar gum & xanthan gum are for thickening of liquids, where guar gum reveals the properties of emulsification than xanthan gum. Although, good gelling characteristics provided by xanthan gum in excess of gaur gum are propelled to positively affect the growth of global xanthan gum market.

Global xanthan gum market is segmented on the basis of application, type, source, form, function and region. On the basis of application, xanthan gum market is divided into cosmetics, pharmaceutical, beverages & food, gas & oil and more. On considering the type, market is divided into natural xanthan gum and synthetic xanthan gum. On the basis of source, the market is segmented into herbs & spices, vegetables & fruits, gallic acid, petroleum, nuts, seed and oil. On considering the form, market is divided into liquid & dry. Based on function, market is divided into fat replacer, suspending agent, stabilizing agent, thickening agent and many more.

Geographically, regions involved in the development of xanthan gum market analysis are Europe, North America, Asia Pacific and Rest of the World. Asia Pacific is dominating the global xanthan gum industry. Asia Pacific is holding the largest xanthan gum market share. Moreover, developments in production of gas & oil and growth of production of processed food in India & China are projected to drive the growth of global xanthan gum market.

Key players involved in the development of global xanthan gum market share are Solvay, Deosen Biochemical Ltd., Cargill, Archer Daniels Midland Company and more.
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Key Segments in the “Global Xanthan Gum Market” report are:

By Application, market is segmented into:
• Cosmetics
• Pharmaceutical
• Beverages & food
• Gas & oil
• Others

By Type, market is segmented into:
• Natural xanthan gum
• synthetic xanthan gum

By Source, market is segmented into:
• Herbs & spices
• Vegetables & fruits
• Gallic acid
• Petroleum
• Nuts, seed and oil

By Form, market is segmented into:
• Liquid
• Dry

By Function, market is segmented into:
• Fat Replacer
• Suspending Agent
• Stabilizing Agent
• Thickening Agent
• Others

By Region, market is segmented into:
• Europe
• North America
• Asia Pacific
• Rest of the World

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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