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Our xanthan gum market analysis identifies that the increasing demand from food and beverages industry will be one of the major factors that will have a positive impact on the xanthan gum market growth. Xanthan gum is widely used in major food products such as bakery products, alcoholic and non-alcoholic beverages, and convenience foods such as emulsified sauces, tomato-based sauces, and dry mix sauces. The exclusive properties of xanthan gum allow easy spreading, pumping, pouring and spraying in various food applications. Moreover, xanthan gum also provides increased viscosity, low shear rates, and better flow properties making it suitable for utilization in the food and beverages industry. Also, xanthan gum solutions have high pseudoplastic and nil hysteresis that improves the sensory characteristics of the food. These advantages will drive the demand for xanthan gum during the forecast period. Technavio's xanthan gum market analysis predicts that this market will post a revenue of more than USD 450 million by 2021.
The rising demand for xanthan gum in the pharmaceutical industry is one of the key trends that will gain traction in the xanthan gum market during the coming years. Factors such as improved dissolubility properties, better stability in acidic and alkaline solutions and increased compatibility with other hydrocolloids such as guar gum and locust bean gum will drive the utilization of xanthan gum in the pharmaceutical industry. It is also used as an emulsions stabilizer, controlled release agent, and thickening, stabilizing, suspending agents, which enhances the foam in semi-solid, liquid, and topical formulations. Further, xanthan gum is easily dispersible that improves the performance of the final product and is also used in solid and liquid dosage formulations.
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The xanthan gum market consists of established vendors holding the maximum market share. The vendors are likely to increase during the forecast period due to high market potential and improved properties showcasing varied applications of xanthan gum. International vendors distinguish their products based on features, price, service, and performance. Vendors are increasingly focusing on large-scale end-users rather than applications.
The leading vendors in the market are ?
The other prominent vendors in the market are CP Kelco, Deosen, FMC Corporation, Hebei Xinhe Biochemical, INGREDION, Jianlong Biotechnology, Jungbunzlauer Suisse, Kantilal Brothers, MEIHUA HOLDINGS GROUP, Oilfield Chemical, Shanghai Changguang Enterprise Development, The Aurora Chemical, The Zoranoc Oilfield Chemical, and Qingdao Unionchem.
During 2016, the food and beverages segment accounted for the major shares of the xanthan gum market. The increasing usage of xanthan gum in bakery, non-alcoholic and alcoholic beverages, convenience foods, dairy products, fruits and vegetables, and meat and fish products will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the xanthan gum market throughout the forecast period. The growth of the food and beverages, oil and gas, cosmetics, pharmaceuticals, paints and printing inks, agrochemicals, and textile industries in the region will increase the demand for xanthan gum.
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The increasing demand for xanthan gum as a thickener in various gluten-free and natural food and beverage products is one of the primary reasons for the growth of global xanthan gum market. This report on the global xanthan gum market offers deep insights into the chemicals and materials industry. This upcoming report on the global xanthan gum market for the chemicals and materials industry focuses on the major sub-segments like bio-chemicals and bio-materials.
This upcoming report on global xanthan gum market cover vendors like Huber, DuPont, Jianlong Biochem, ADM, Qingdao Great Chemical, Cargill, Solvay, Archer Daniels Midland Company, Fufeng Group Company, Ingredion Incorporated, CP Kelco, Jungbunzlauer Suisse, Deosen Biochemcial, Fuerst Day Lawson, Shandon Fermentation, Shanghai Green Biochem, Zibo Shunda Biochemistry, Sancho and Lee, and Wego Chemical Group. Furthermore, this report covers geographies like North America, Europe, APAC, and ROW to help clients increase their overall market presence.
According to our analysts, the increasing demand for bakery and confectionery foods is one of the significant trends that is likely to impact this market's growth in the coming years. This upcoming report on the global xanthan gum market offers a deep-dive analysis of the major trends, drivers, and challenges of the bio-chemicals and bio-materials sectors to offer a complete picture of the market for the estimated period of 2017-2021.
Our market research report on the global xanthan gum market helps the client with a better understanding of the bio-chemicals and bio-materials segment. Furthermore, this market report on the global xanthan gum market also offers insights into other major segments in the chemicals and materials industry like the specialty chemicals. This market is expected to follow the growth prospects of similar markets like the glycerol market, which is expected to grow rapidly at a CAGR of almost 9% by 2021.
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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