The global Xanthan Gum Market is expected to display prolific
growth in forthcoming years. Xanthan gum market is predisposed to growth by a
comfortable margin with lifestyle changes and consumption of easy-going food
products such as gluten-free food products that are high-points of market
growth. Consumer demand for oil and gas is creating new growth opportunities in
industry.
The food and beverage segment is based well with applied
growth in xanthan gum and functionality found in confectionaries, bakeries,
sauces and dressings, meat and poultry, beverages and other market outlets to
growth. An increasing market capitalization due to some intuitive R&D
efforts in direction of growth has spelled more than uniform market growth for
xanthan gum industry.
Restraints to market growth include a potential enemy in the
form of guar gum that is dissuading market growth in xanthan gum market. The
thickeners segment is expected to be the largest market segment with thickening
agent being used in shampoos and lotions, hence beating market growth and its
use as a thickener in beverages, sauces and toppings and dairy products
lighting up market growth in Xanthan Gum Market.
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The largest market for xanthan is in its dry form that finds
particular use in pharmaceuticals and personal care companies with toothpastes
and tablets taking a major chunk of market growth. Reason for growth in dry
form is its ease of operation than liquid with characteristic of dryness easily
put to use than liquid form.
North America is largest market for xanthan gum in 2016 and
expected to be so during forecast period. Xanthan gum can lend itself to
productive use in emulsifiers, flavor enhancer, stabilizer, texturizer and
thickener in the food industry and relief over finding a suitable health
alternative with Xanthans is boosting growth in North American market.
Continuous shale gas production from oil wells and oil drilling in North
American mainland regions has seen huge gains for Xanthan Gum Market.
Segmentation of xanthan gum market by application includes
food and beverages, oils and gas, pharmaceuticals. Segmentation of xantham gum
pharmaceuticals by function includes thickeners, stabilizers, gelling agents,
fat replacers, coating agents. By Form, segmentation includes dry and liquid. By
geographical regions, segmentation includes North America, Europe, Asia
pacific, MEA and Latin America. The key market players in the market include
Cargill, E I DuPont de Neymours & co., Archer Daniels Midland Company and
Solvay.
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