Xanthan Gum Market Share, Size, Growth, Opportunities, 2024
Xanthan Gum Research Report: By Application (Food & Beverages (Bakery & Confectionery, Beverages, Dairy & Frozen Desserts; Sauces, Dressings & Dips; Meat, Poultry & Seafood), Personal Care, Pharmaceuticals & Nutraceuticals) Region Forecast to 2024
Xanthan Gum Market Overview:
Xanthan gum is a polysaccharide, which is manufactured from a wide range of sugars using fermentation process. It is mainly used as a thickener and stabilizer to improve the structural properties of the food products. Owing to these factors, they are used in the heavy end industries such as food & beverages, oil & gas, pharmaceuticals, and others. The global xanthan gum market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Among these, North America holds the major share of the global market and is projected to continue leading, owing to the increasing consumption of the product in food & beverages, oil & gas, pharmaceuticals, and others. It is estimated that the food & beverages segment is set to observe the highest CAGR in the market due to growing use of the product in sauces, gluten-free products, and others. The increasing demand for the product in oil & gas, pharmaceutical sectors have propelled the market to witness a rapid growth during the forecast period. These factors led the U.S., Canada, and Mexico to be the leading players in this region.
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Xanthan Gum Market Key Players:
Some of the well-known players operating in the global xanthan gum market are Aspen Aerogels, Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies, LLC (Germany), Nano High-Tech Co., Ltd. (China), Guangdong Zhaoqing L&V Co. Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Limited (U.S.), BASF SE (Germany), and Svenska Aerogel AB (Sweden) among others.
Xanthan Gum Market Segmentation:
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. On the basis of the function, the market is sub-divided into thickeners, stabilizers, gelling agents, fat replacers, and coating materials segments. On the basis of the application, the market is bifurcated into food & beverages, oil & gas, pharmaceuticals, and others.
Xanthan Gum Market Regional Analysis:
The global xanthan gum market is segmented into North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific.
North America is likely to be a major regional market for xanthan gum over the forecast period due to the growing demand for xanthan gum from the food and beverage and pharmaceutical industries. The growing demand for capsules and tablets in the U.S., where the pharmaceutical industry has set up a solid presence in recent years, is likely to be a major driver for the global xanthan gum market over the forecast period. The growing food and beverage industry in the region are also likely to be a major driver for the global xanthan gum market in North America, as several key players in the global food and beverage industry have headquarters and/or manufacturing plants in North America.
Asia Pacific is likely to observe rapid growth over the forecast period due to the growing demand for xanthan gum in the food and beverage industry. The growing pharmaceutical industry in Asia Pacific could also be a major driver for the global xanthan gum market over the forecast period.
Xanthan Gum Market Table Of Contents:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
Xanthan Gum Market Table Of Contents to be Continue…….,
Xanthan Gum Market List Of Tables:
Table 1 Global Xanthan Gum Market, By Region, 2019–2024 (USD Million)
Table 2 Global Xanthan Gum Market, By Form, 2019–2024 (USD Million)
Table 3 Global Xanthan Gum Market, By Function,2019–2024 (USD Million)
Table 4 Global Xanthan Gum Market, By Application, 2019–2024 (USD Million)
Table 5 North America: Xanthan Gum Market, By Country, 2019–2024 (USD Million)
Xanthan Gum Market List Of Tables to be Continue……,
Xanthan Gum Market List Of Figures:
FIGURE 1 Global Xanthan Gum Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis Of The Global Xanthan Gum Market
FIGURE 4 Value Chain Of The Global Xanthan Gum Market
FIGURE 5 Share Of The Global Xanthan Gum Market In 2018, By Country (%)
Xanthan Gum Market List Of Figures to be Continue……,
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