The global xanthan gum market is projected to grow at a CAGR of 5%-6% during 2020-2025. The growth of xanthan gum market is driven by growing demand for gluten-free food and beverage additives and increasing product demand for enhanced oil recovery operations.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the xanthan gum market by
application (oil and gas, food and beverage, pharmaceutical, personal care and
cosmetic, and others), function (thickeners, stabilizers, gelling agents, fat
replacers, and coating material), form (dry and liquid), and region (North
America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the
business risks and threats to the xanthan gum market?
Q.4 What are some
changing demands of customers in the xanthan gum market?
Q.5 What are the new
developments in the xanthan gum market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this xanthan gum area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this xanthan gum market?
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Market Segmentation:
Based on function, the xanthan
gum market is segmented into thickeners, stabilizers, gelling agents, fat
replacers, and coating material. The thickeners segment is accounted for the
largest share of the market in 2020 due to its property of intensifying the
viscosity of a liquid without significantly changing its other properties.
Asia Pacific is expected
to be the largest region over the forecast period due to increased use of food
and beverage sector, especially bakery industries, growing urbanization, rising
standard of living, expansion of retail stores, availability of disposable
income and supportive economic factors.
Key Players in the Xanthan
gum market are Archer Daniel Midland, Cargill, CP Kelco, DuPont, and Deosen
Biochemical.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/xanthan-gum-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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