Rising demand for food & beverages across the globe due to growing population along with improved consumer lifestyle in BRICS countries is expected to favorably affect xanthan gum market size over the coming years. Food & beverages sector contributed a revenue of USD 8.50 trillion in 2004, which exceeded USD 15 trillion in 2015. The product is extensively used in this sector due to its ability to enhance moisture retaining capacity and improve shelf life of baked items.

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According to Global Market Insights, Inc., “Xanthan Gum Market size is anticipated to reach USD 1.2 billion by 2023.” Xanthan Gum finds wide applications in cosmetic products such as lotions, denture cleaners, and shampoos due to its thickening & stabilizing property. Furthermore, FDA and USDA approval for the use of xanthan gum in bakery foods and medicines will provide huge growth opportunities for the industry over the coming years.  European commission has also approved the use of xanthan gum as an emulsifier, gelling agent, thickener, and stabilizer in food & beverages sector.

Glimpse of Table of Content (ToC)

Chapter 3.   Xanthan gum Market Insights

3.1.   Xanthan Gum Market segmentation

3.2.   Xanthan Gum Market Size and forecast, 2012 - 2023

3.3.   Xanthan Gum Market ecosystem analysis

3.3.1.    Vendor matrix

3.4.   Industry Impact forces

3.4.1.    Growth drivers

3.4.1.1. Oil & gas industry growth

3.4.1.2. Booming food & beverage sector

3.4.1.3. Growth in cosmetic industry

3.4.1.4. Favorable regulations

3.4.2.    Industry pitfalls & challenges

3.4.2.1. Threat of substitute from guar gum

3.5.   Growth potential analysis

3.6.   Porter's analysis

3.7    Company market share analysis, 2015

3.8.   PESTEL analysis

3.9    Pricing trends

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