Xanthan Gum Market Growth Opportunities and Development Strategies, 2012 - 2020
The global xanthan gum market is expected to witness a substantial growth over the next eight years due to and increased demand from the food & beverage industry.
(firmenpresse) - The global Xanthan Gum Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global xanthan gum market is expected to witness a substantial growth over the next eight years due to and increased demand from the food & beverage industry. The emergence of the global functional food market due to rising health awareness among the consumers across the globe will drive the growth to the market.
Key Players:
Cargill
Deosen Biochemical Ltd
Fufeng Group Company Ltd
Gum Technology Corporation
Hebei Xinhe Biochemical Co Ltd
Jungbunzlauer
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Growth Drivers:
The consumption of food consisting of xanthan gum leads to swelling of intestines which further leads to digestive track stimulation. The product finds extensive use in the treatment of digestive disorders thereby leading to an increasing demand from the pharmaceutical industry.
Rising demand of the product in the manufacture of bakery & confectionary products as naturally sourced thickeners coupled with rising use peanut butter, margarine, is expected to boost the demand over the forecast period. In addition, growing demand for gourmet foods by the consumers is expected to drive the market growth.
Xanthan gum is used in the oil & gas industry as an agent to reduce water mobility through enhanced oil recovery method. As a result, growing exploration and drilling activities primarily in Asia Pacific is expected to drive the market growth over the forecast period.
Rising demand for wide variety of convenience foods owing to the factors such as increasing disposable income and consumer’s preference shift towards ready to cook meals is expected to further drive the growth of global xanthan gum market. Growing demand of the product on account of rising use in gluten free foods and high nutritional contents including fiber and carbohydrates is likely to drive the market growth over the forecast period.
Application Outlook:
Oil & gas
Food & beverages
Pharmaceutical
Cosmetics
Regional Insights:
Asia Pacific accounted for the largest market share over in terms of the global xanthan gum consumption volume and is expected to exhibit substantial growth owing to boom in food & beverage industry.
In addition, the favorable governing policies in India & China associated with increasing foreign investments in oil & gas industry is expected to augment the growth of the over the forecast period.
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Themen in dieser Pressemitteilung:
food-ingredients
xanthan-gum-market
xanthan-gum-market-news
global-xanthan-gum-industry-size
xanthan-gum-market-share
xanthan-gum-market-demand
xanthan-gum-market-analysis
xanthan-gum-market-research
xanthan-gum-market-forecast-report
Unternehmensinformation / Kurzprofil:
Datum: 17.09.2020 - 11:10 Uhr
Sprache: Deutsch
News-ID 619587
Anzahl Zeichen: 3398
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Ingredients
Typ of Press Release: Financial
type of sending: don't
Date of sending: 17.09.2020
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