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The report discovers the marketu2019s total sale that is generated by a particular firm over a time period.
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Xanthan Gum Market to Reach USD 501.8 Million by 2027 www.reportsanddata.com sales@reportsanddata.com
Market Summary Xanthan gum Market Size – USD 390.2 Million in 2019, Market Growth - CAGR of 3.85%, Market Trend- Growth of the Oil & Gas Industry is a major opportunity for the market players. Demand for personal care, food & beverages industry, gluten-free food products, extensive use of drugs, tablets are the main drivers of the Xanthan Gum market.
Our Approach Market Summary Xanthan gum is universally used as a thickener in several industries such as food and beverages, cosmetics, and pharmaceutical. Xanthan gum is manufactured by fermenting corn sugar with a bacterium named Xanthomonas Campestris. The factors that encourage the xanthan gum market growth are rising demand from the food & beverages industry, gluten-free food products, multi-functionality of xanthan gum, the difference in consumer choices, and rise in consumption of convenience food. However, the high cost of xanthan gum & availability of cheap substitutes and anti-dumping policies by the US on China’s xanthan gum market hinder the market growth during the forecast period. An increase in demand for oil & gas drilling and production of xanthan gum using inexpensive & abundantly available raw materials is expected to provide a substantial growth opportunity in the near future. The usage of gum as a thickener in several personal care applications such as shampoos and lotions has been driving its demand over the last few years. Food & beverages and oil & gas sectors are the two most considerable users of Xanthan gum globally. Companies considered and profiled in the market study CP Kelco,Fufeng Group Company Limited,CargillInc.,Archer Daniels Midland Company,The Aurora Chemical,Jungbunzlauer Suisse AG,HebeiXinhe Biochemical Co. Ltd.,MeiHua Holdings Group Co.Ltd, Deosen,DuPont-Danisco,TheZoranoc Oilfield Chemical,Solvay S.A. To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2839
Our Approach Market Summary Segments covered in the report: Based on the application, the market has been segmented as follows: (Volume Metric Tons, Revenue, USD Million; 2020-2027) Food & beverages Oil & gas Pharmaceuticals & personal care Others Based on the function, the market has been segmented as follows: (Volume Metric Tons, Revenue, USD Million; 2020-2027) Thickeners Stabilizers Gelling agents Fat replacers Coating materials Others Request a discount on the report @https://www.reportsanddata.com/discount-enquiry-form/2839
Our Approach Market Summary Further key findings from the xanthan gum market report suggest The demand in the pharmaceutical division accounted for 9.5% in 2019. It is fundamentally used to retard drug release in tablets. In addition, the product is compatible with various thickeners and stabilizers, permitting its use in the drug manufacturing industry. Growth in this end-use industry is likely to drive demand over the forecasted period. Xanthan gum is toxicologically safe and is commonly used in several pharmaceutical and personal care purposes such as creams, bath products, makeup, skin & hair care, and oral care products. It acts as a binder, emulsion stabilizer, emulsifying surfactant, skin-conditioning agent, and viscosity-increasing agent in these commodities. It is distinguished by the unique rheological characteristics and can be used as a suspending agent, an emulsion and foam stabilizer, a foam enhancer, and as a thickener in numerous personal care applications such as shampoos, liquid soaps, color cosmetics, creams & lotions, and toothpaste. In foods, this gum is used as a great thickening agent, which is most often discovered in salad dressings and sauces. It makes these commodities thick enough at rest in the bottle to keep the mixture fairly uniform, but the shear forces produced by shaking the mixture so it can be effortlessly poured. When it exits the container, the shear forces are eliminated, and the mixture thickens back up, so it sticks to the salad or food. It is very durable under a broad range of temperatures and pH…Continued Read More @ https://www.reportsanddata.com/report-detail/xanthan-gum-market
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