Xanthan Gum Market by Manufacturers, Trend, Influence, Regions, Type and Application, By Form, By Application, Forecast Till 2023

Xanthan Gum Market

Market Overview / Introduction:

Increasing demand from end use industries includes oil & gas, food and beverages among others is escalating the demand for the Xanthan gum market. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum.

Oil & gas and food & beverage industries account for over 80% of xanthan gum market in the terms of revenue and volume. The fastest growing application of Xanthan gum is the food and the beverage industry closely followed by the oil and gas industry. Xanthan Gum aids the growing population, changing lifestyle of consumers as the low price alternative to guar gum. Xanthan gum is used in a wide range of food and beverages. The increasing demand for petroleum and petrochemicals will further lead to a rise in the demand of Xanthan gum in the forecasted period. It is expected that Global Xanthan Gum Market will register the CAGR of more than 5.5% during the forecast period.

Sample Copy Pages@ https://www.marketresearchfuture.com/sample_request/748

Regional Analysis:

The xanthan gum market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds a major share of the market due to the growing consumption of the product in food & beverages, oil & gas, pharmaceuticals, and others. The increasing demand for xanthan gum in food additives and its extensive use in drugs, tablets have propelled the region to witness a higher growth over the assessment period. Countries such as the U.S., Canada, and Mexico are the major players in this market.

The Asia Pacific region is growing significantly in the market due to rapid urbanization coupled with technology. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing personal care concerns, improving lifestyles and an increase in the number of restaurants have propelled the countries such as China, Japan, and India to achieve a stunning growth in the market during the forecast period.

Market Segmentation:

For the purpose of study, Market Research Future segmented the Xantham Gum Market on the basis of applications

Food and beverage- Xanthan gum is used to flesh out the drinks and fruit juices. When these beverages containing fruit pulp particles, the use of xanthan gum helps maintain the suspension giving better appearance. In bakery industry, xanthan gum is used primarily to increase water retention during baking and thus extending shelf life of bakery products and refrigerated dough’s

Oil and gas- Xanthan gum is an important ingredient in the hydraulic fluid used for the hydraulic fracking process. It carries with it the sands used to prop open the fractures to allow the flow of oil or gas from these cracks.

Pharmaceutical and cosmetic industry- Xanthan Gum is used as a stabilizer (in cosmetic products, for example, to prevent ingredients from separating)

End Users: Households, Healthcare and pharmaceutical industry and others.

Browser Copy Pages@ https://www.marketresearchfuture.com/reports/xanthan-gum-market-748  

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Leave a Reply

Your email address will not be published. Required fields are marked *