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Xanthan Gum Market

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Xanthan gum exhibits different functionalities including viscosity, stabilizer, thickener, and rheology among others. These properties of xanthan gum make it an excellent choice in numerous end-users, as stated above. In the oil & gas sector, xantha
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Global Xanthan Gum Market
Size By Application (Oil & Gas, Food & Beverage,
Pharmaceuticals, Cosmetics and Others); By Region
and Forecast 2018 to 2025
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Adroit Market Research
Xanthan Gum Market Size, Status and Forecast 2018-2025
• Adroit Market Research launched a study titled, “Global Xanthan Gum Market Size 2018 By Application (Oil & Gas, Food &
Beverage, Pharmaceutics, Cosmetics, Others), By Region and Forecast 2018 to 2025”. The study covers the global xanthan
gum market share for various applications for the key regions and countries. The global xanthan gum market analysis
covers various perspectives including that of producers and consumers and every other important vendor along the value
chain.
• By 2025, the global xanthan gum market size is estimated to reach USD 562.5 million by 2025 with demand exceeding 200
kilo tons. Oil & gas and food & beverages are the two major applications together accounting for over 80% of the global
xanthan gum market share, both volume and value, in 2017. The increasing penetration of xanthan gum coupled with the
further development of these robust end-use industries is expected to drive the market demand for xanthan gum over the
forecast period between 2018 and 2025.
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Adroit Market Research
Xanthan Gum Market Size, Status and Forecast 2018-2025
• The fall in crude oil prices, which reached an astonishing low of almost USD 30 per barrel at the start of 2016, resulted in oil
companies utilizing low cost of xanthan gum for thickening and rheology modification. This has resulted in maintaining the
constant demand for xanthan gum regardless of their price fluctuation due to oversupply. Advancements in the oil & gas
industry to increase production are expected to augment the xanthan gum demand owing to its thickening and rheological
properties.
• According to the Organization of the Petroleum Exporting Countries (OPEC), the share of OPEC crude is expected to increase
to 36% by 2040 up from 34% in 2017 on account of increase in oil drilling activities across major oil-producing countries.
This factor is expected to subsequently drive the global xanthan gum market growth. Oil & gas is expected to account for
41% of the global xanthan gum market share, in terms of volume, by 2025.
• Another major application of xanthan gum is the food & beverage sector where it is used as an additive in different types of
drinks and foods. Over the past few years, there has been a visible change in consumer preference from the generic range of
foods to healthy, gluten-free and fresh options. This change in consumer preference for food is expected to shape the future
dynamics of the global xanthan gum market.
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Adroit Market Research
Xanthan Gum Market Size, Status and Forecast 2018-2025
• To elaborate further, the global gluten-free products market value exceeded USD 4 billion in 2017 and sales are likely
to be driven by increasing awareness among consumers regarding allergies. Conventionally, North America has been
the largest consumer of gluten-free foods, however, over the past few years, we can observe that several people in
Asia Pacific are becoming aware regarding the health benefits of gluten-free foods, which in turn is expected to drive
sales. This boom in sales of gluten-free products is expected to supplement the global xanthan gum market size over
the forecast period.
• Asia Pacific and North America have been the leaders of oil & gas and food & beverages production. This has
eventually led to them emerging as the biggest consumers of xanthan gum. These two regions together accounted
for over 70% of the volume and 60% of the revenues in terms of the global xanthan gum market share. Europe also
holds a lucrative opportunity for xanthan gum in emerging industries such as organic and natural personal
care products. Thus, the growth of the end-user industries in developing and developed economies is expected to
drive the growth of the global xanthan gum market size over the forecast period.
• Key players within the global xanthan gum industry include Jungbunzlauer, Fufeng, Deosen, Cargill, Archer Daniels
Midland (ADM) and CP Kelco. In light of the growing global xanthan gum market demand, companies are following
through with capacity expansions to remain competitive. For instance, CP Kelco, one of the prominent players within
the global xanthan gum market, announced in 2017, the expansion of its Shangdong Province facility to produce
12,000 metric tons per year.
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Xanthan Gum Market Size, Status and Forecast 2018-2025
• Key segments of the global xanthan gum market
• Application Overview, 2015-2025 (USD Million) (Kilo Tons)
• Oil & Gas
• Food & Beverage
• Pharmaceutics
• Cosmetics
• Others
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Adroit Market Research
Xanthan Gum Market Size, Status and Forecast 2018-2025
• Regional Overview, 2015-2025 (USD Million) (Kilo Tons)
• North America
• U.S.
• Europe
• Germany
• Russia
• Netherlands
• Asia-Pacific
• China
• Japan
• Rest of the World
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Simone singh
Simone singh36   documents Email
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