Xanthan Gum Market Segmentation & Industry Outlook Till 2020 “The xanthan gum is a bacterial polysaccharide which has wide applications such as thickener in industries such as cosmetics, pharmaceutical and food & beverages.�
The Xanthan Gum is a bacterial polysaccharide which has wide applications such as thickener in industries such as cosmetics, pharmaceutical and food & beverages. 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. 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. 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. Pizza dough accounts for the largest share in the application segment, thus changing lifestyle of the consumers leading to higher demand for pizzas across the globe is anticipated to fuel the market growth. Increasing consumer awareness regarding the hazardous effects of synthetic contents of cosmetics coupled with increasing use of naturally derived products 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. However, the demand for the product is expected to be limited by the occurrences of allergies among the consumers.
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