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Xanthan Gum Market worth 452.8 Million USD by 2022

(Entertainment-NewsWire.com, April 13, 2017 ) The report "Xanthan Gum Market by Application (Food & Beverages, Oil & Gas, Pharmaceuticals), Function (Thickeners, Stabilizers, Gelling Agents, Fat Replacers, Coating Materials), Form (Dry, Liquid), and Region - Global Forecast to 2022", The xanthan gum market is projected to reach a value of USD 452.8 Million by 2022, at a CAGR of 3.25% from 2016.



Browse 67 market data tables and 49 figures spread through 147 pages and in-depth TOC on “Xanthan Gum Market - Global Forecast to 2022”



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The food & beverages segment, by application, is estimated to lead the xanthan gum market, followed by the oil & gas segment, in 2016. The pharmaceuticals & personal care segment is projected to have the highest growth rate during the forecast period as consumers these days are turning toward the use of natural & herbal products.



On the basis of the function segment, the thickeners segment is estimated to lead the xanthan gum market, followed by gelling agent, in 2016. This is due to the increase in demand for xanthan gum as a thickener in various personal products such as lotions, creams, and shampoos. In addition, growth in consumption of cosmetics and personal care products among youth, along with increase in inclination of consumers toward products with natural and organic ingredients is expected to escalate the demand for xanthan gum in the future. On the basis of form, xanthan gum in dry form is most widely used as compared to the liquid form. The reason behind the wide use of dry form is its easy handling, transportation, and storage.



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The North American region is projected to be the largest market from 2016 to 2022, the U.S. being the fastest-growing market in the region. Asia-Pacific is also projected to be the fastest-growing market during the forecast period, due to the high population in this region consuming products which have xanthan gum as their constituent. Increase in domestic demand for food & beverages, especially convenience foods and emerging countries such as India and Japan, owing to the growth in urbanization, rapid economic development, and change in lifestyles in these countries are the factors that will drive the demand for xanthan gum during the forecast period.



Thickeners segment is estimated to be the largest market in 2016

The thickeners segment, by function, is estimated to be the largest market in 2016. Increased use of xanthan gum as a thickener in various personal care applications such as shampoos and lotions has been driving its demand over the last few years. Growing demand for xanthan gum in the food & beverages industry for thickening of various food applications such as sauces & toppings, bakery & dairy products, and beverages is expected to increase its demand across the globe.



The dry segment, by form, is estimated to be the largest market in 2016

Xanthan gum in dry form is estimated to be the largest market in 2016. Xanthan gum in its dry form has a high demand in pharmaceutical and personal care companies for the manufacturing of products such as tablets and toothpastes, as its dry form is easier to use than its liquid form; and it also enhances the structure of the product. Xanthan gum powder has remarkable increase in demand in food applications such as salad dressings, bakery products, and frozen foods over the last few years.



This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as Cargill (U.S.), E. I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Solvay (Belgium), Fufeng Group Company Ltd (China), CP Kelco (U.S.), Jungbunzlauer Suisse AG (Switzerland), Deosen Biochemical Ltd. (China), and Fuerst Day Lawson (U.K.).



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