Xanthan Gum Market Size, Future Trends, Growth Factors, Strategy, Price and Gross Margin till 2028

The global xanthan gum market size is expected to reach USD 566.4 Million in 2018 and register a revenue CAGR of 3.1% over the forecast period, according to latest analysis by Emergen Research. Steady xanthan gum market revenue growth can be attributed to rising demand for natural food additives among a growing consumer base and shift away by a number of food beverage companies from use of inorganic/synthetic ingredients in food products owing to increasing inclination of consumers towards products containing natural ingredients. Additives are used in food and beverages to impart certain characteristics such as improved appearance, taste, and texture, as well as to extend shelf life of products. This coupled with steady shift by consumers towards healthier and better quality products, regardless of high costs, are some of the other major factors fueling demand for xanthan gum. Furthermore, increasing production and sales of organic food beverage products is resulting in reducing use of synthetic food additives and ingredients. Rising demand for organic food products globally is expected to continue to support revenue growth, and also open up more lucrative revenue opportunities for major players operating in the global market.

Rising prevalence of celiac disease and incidence of various allergies caused by gluten-based foods are factors supporting demand for gluten-free xanthan gum. In addition, wide scope of applications such as for baking gluten-free products, including cakes, cookies, muffins, pizza dough, bread, and salad dressings, coupled with rising awareness regarding high content of carbohydrates and dietary fibers in xanthan gum, are factors expected to support market revenue growth.

The researchers have considered all the factors influencing the growth of the Xanthan Gum market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Xanthan Gum market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Xanthan Gum market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/860

The Xanthan Gum research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

Competitive Terrain:

The Global Xanthan Gum Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

Regional Overview:

The global Xanthan Gum market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Xanthan Gum market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Request a discount on the report @ https://www.emergenresearch.com/request-discount/860

Some Key Highlights from the Report

In February 2020, Jungbunzlauer made an announcement about increasing its production capacity for xanthan gum at its facility located in Austria (Pernhofen). The investments made by Jungbunzlauer in new fermentation and purification instruments, as well as a completely automated packaging line, is due to increasing global demand for xanthan gum from food beverage and other end-use industries.
Among the application segments, the thickener segment accounted for a significantly large revenue share in 2020. Xanthan gum is widely used in products ranging from ice creams to salad dressings. It is also used to enhance consistency and to thicken the texture of a variety of food beverage products.
Among the industry vertical segments, oil gas segment revenue is expected to expand at a significantly fast growth rate over the forecast period. Leak-off rate in oil gas fields is critical during drilling, stimulation treatments, and completion operations. In addition, fluid loss control mechanisms used during such operations could lead to permeability loss during flow initiation. Xanthan gum finds wide use as a viscosifier for products such as drilling and completion fluids in oil gas fields owing to its rheological characteristics.

Companies profiled in the global market report include Solvay SA, Ingredion Inc., Cargill Inc., FDL Ltd., Archer Daniels Midland Company, CP Kelco, DuPont, Fugeng Group Company Ltd., FMC Corporation, and Deosen Biochemical Ltd.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/xanthan-gum-market

Emergen Research has segmented the global xanthan gum market on the basis of form, application, industry vertical, and region:

Form Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)