Xanthan Gum Market - Global Industry Analysis, Forecast 2015 – 2021

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Xanthan Gum Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Xanthan Gum
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Xanthan gum which is primarily used as a food thickening agent and also in reducing water mobility in enhanced oil recovery
(EOR) method is composed of pentasaccharide repeat units. It comprises of glucose, glucuronic acid and mannose in the molar
ratio of 2.0:1.0:2.0. On the basis of application the market is segmented into food and beverages, oil and gas, pharmaceutical,
cosmetics and others.
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The global xanthan gum market witnessed growth in recent years due to the increasing demand for emulsifiers derived from
natural sources that are being used in bakery and in confectionery products. Moreover, the increase in the use of emulsifiers in
peanut butter, chocolate, salad dressings, frozen desserts and margarine is expected to drive the market for xanthan gum. The
rapid growth in oil and gas industry as a result of increasing energy requirements for the growing population is also anticipated
to propel demand over the forecast period. The growing consumer awareness regarding the harmful nature of synthetic derived
personal care products is expected to fuel the growth of natural personal care products. This in turn serves as a driving factor for
the growth of xanthan gum market.
Threat of substitutes from gaur gum and locust bean gum serves as a restraining factor in the growth of the xanthan gum
market. In addition, xanthan gum may be sourced from a variety of mediums that are themselves common allergens, such as,
wheat, corn, soy, dairy and as a result it might trigger allergic response in people sensitive to these mediums.
Recent trend shows that leading companies are entering into strategic partnerships and joint ventures which are expected to
strengthen the global market for xanthan gum over the forecast period. In February 2015, Pfizer Inc. declared that it would
acquire Hospira Inc.in order to increase the use of xanthan gum in pharmaceutical applications. In January 2013, Cargill and
Arasco entered into a joint venture in order to manufacture starch and sweetener based products in Saudi Arabia.
In 2013 Asia Pacific held the largest market in terms of revenue for xanthan gum and the market is expected to grow due to
increase in demand of food processing industry in the region. Rapid economic development in China, India, Indonesia and
Vietnam is also expected to fuel the demand for xanthan gum. Moreover, favorable government policies in India and China
along with increasing foreign investments in oil & gas sector in the region is expected to boost xanthan gum market over the
forecast period. Growing domestic demand for foods & beverages in emerging markets of BRICS is anticipated to create a
positive impact on the global food & beverage industry which will result in growth in the demand for xanthan gum over the
forecast period.
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Some of the key players operating in the.xanthan gum market are Fufeng Group Company Ltd, Deosen Biochemical Ltd,
Cargill, Hebei Xinhe Biochemical Co Ltd, Gum Technology Corporation, Meihua Holdings Group Co. Ltd, Pfizer Inc, Qingdao
Unichem Co Ltd., Sancho & Lee Co. Ltd., Jungbunzlauer AG., Archer-Daniels-Midland Company and CP Kelco ApS among others.
This research report analyzes this market on the basis of its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
•
North America
•
Asia Pacific
•
Europe
•
Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
•
Factors limiting market growth
•
Current market trends
•
Market structure
•
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
•
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Xanthan gum which is primarily used as a food thickening agent and also in reducing water mobility in enhanced oil recovery (EOR) method is composed of pentasaccharide repeat units. It comprises of glucose, glucuronic acid and mannose in the molar ratio of 2.0:1.0:2.0. On the basis of application the market is segmented into food and beverages, oil and gas, pharmaceutical, cosmetics and others. The global xanthan gum market witnessed growth in recent years due to the increasing demand for emulsifiers derived from natural sources that are being used in bakery and in confectionery products. Moreover, the increase in the use of emulsifiers in peanut butter, chocolate, salad dressings, frozen desserts and margarine is expected to drive the market for xanthan gum. The rapid growth in oil and gas industry as a result of increasing energy requirements for the growing population is also anticipated to propel demand over the forecast period. The growing consumer awareness regarding the harmful nature of synthetic derived personal care products is expected to fuel the growth of natural personal care products. This in turn serves as a driving factor for the growth of xanthan gum market.