Sep 8, 2022   SOURCE: BusinessWire

Outlook on the Xanthan Gum Global Market to 2027 - Increased Consumption of Gluten-free Products is Driving Growth - ResearchAndMarkets.com

The "Xanthan Gum Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The Global xanthan gum market is growing at a CAGR of 5.7% during the forecast period (2022-2027).

Companies Mentioned

  • Cargill Inc
  • Archer Daniels Midland Company
  • CP Kelco U.S., Inc
  • DuPont
  • Deosen Biochemical Ltd.
  • Fufeng Group
  • Hebei Xinhe Biochemical Co. Ltd.
  • Ingredion
  • Meihua Holdings Group Co. Ltd.
  • Solvay S.A

Key Market Trends

Increased Consumption of Gluten-free Products

Xanthan gum is a common food additive that is used as a substitute for gluten, which is the protein that gives wheat flour its structure and is generally used with non-gluten containing flour to make gluten-free products having good structure and texture.

This demand is due to the growing awareness of the health issues resulting from gluten consumption such as celiac disease and the regulatory guidelines from the FDA and USDA to limit the content of gluten in food products. A survey was carried out by the Mayo Clinic which showed the three groups of people opting for a gluten-free diet.

The first is the one with diagnosed celiac disease, the second with undiagnosed celiac disease and the third group consists of the people without celiac disease and who is avoiding gluten. Many consumers avoid gluten for weight loss and other health benefits.

Asia-Pacific to the Drive the Market

Asia Pacific region accounts for the largest share owing to its increased use of the food and beverage sector, especially bakery industries. Also, urbanization, a rising standard of living, expansion of retail stores, availability of disposable income and supportive economic factors are paired to boost the market growth. In addition, increased investment and exploration projects initiated by the government across the region are fueling the market.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Value Chain / Supply Chain Analysis

4.4 Porters 5 Force Analysis

5 MARKET SEGMENTATION

5.1 By Application

5.2 By Function

5.3 Geography

6 COMPETITIVE LANDSCAPE

6.1 Market Share Analysis

6.2 Most Active Companies

6.3 Most Adopted Strategies

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/j8qgua