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Xanthan Gum Market -Overview

The accelerated importance and requirement from the food industries have compelled the consumption of food products, culminating in the xanthan gum market's development. As per MRFR, the market is estimated to gain a CAGR of 4.73% and achieve income worth USD 0.82 Billion by 2030.

Application in a variety of foods and beverages, oils and gases, cosmetics, and pharmaceuticals will create competitive advantages for the xanthan gum market. The development in consumer transactions for goods that include xanthan gum is likely to provide novel options for expansion in the duration of the forecast period.

Segmental Analysis

The segmentation of the xanthan gum market size is conducted based on application, form, function and region. Based on the form, the xanthan gum market is segmented into dry and liquid. Based on the region, the xanthan gum market is segmented into North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa. Based on the function, the xanthan gum market is segmented into fat replacers, coating materials, and thickness stabilizers. Based on application, the xanthan gum market is segmented into food & beverages, personal care & cosmetics, nutraceuticals, oil and gas, and pharmaceuticals.

Detailed Regional Analysis

The xanthan gum research market analysis is divided into four regions: Asia-Pacific, North America, Europe, and the rest of the globe. The value of the global xanthan market is reported to be governed by North America because of customers' proclivity for leading a healthy lifestyle and adopting good eating habits. Furthermore, consumers avoid consuming food items that have been subjected to artificial processes. In the forecast period, the Asia-Pacific is expected to have the greatest CAGR. The xanthan gum market will soon have a sizable consumer base. Furthermore, there is always a high demand for natural food additives from all food processing and beverage firms.

Competitive Analysis

The essential policies being developed by government bodies worldwide are thought to have a powerful role in the global advancement of the market. The restructuring of the market's fundamental operations is expected to impact the market shortly. The COVID-19 pandemic's drastic changes in the global financial intermediation structure are believed to influence how firms acquire finance in the comparable period. The upsurge in innovative technologies in the global supply chain is estimated to generate opportunities during the forecast period. The market is projected to witness an improvement in growth cues in the near future. The reclaimed market potential is projected to augment the worldwide market's progress. The mindset of hypervigilance in the aftermath of the pandemic is intended to guide market decisions throughout the projected period. The market's production stability is predicted to be variable. Each manufacturer is expected to make microeconomic decisions to ensure long-term business growth and continuity during the forecast timeframe.

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The renowned companies operating in the xanthan gum market are Cargill, Solvay S.A., Deosen, Fufeng Group, Ingredion, Hebei Xinhe Biochemical Co. Ltd., CP Kelco, Meihua Holdings Group Co. Ltd., Unionchem, Archer Daniels Midland Company among others.

the xanthan gum market had been experiencing steady growth due to its widespread application in various industries, including food and beverages, pharmaceuticals, personal care products, and more. The xanthan gum market share had been expanding, driven by its versatile properties as a thickening, stabilizing, and emulsifying agent. The growing demand for gluten-free and natural ingredients in the food industry, along with the increasing consumer awareness of healthier products, had contributed to the market's positive trajectory. However, for the most up-to-date information on the xanthan gum market size and share, I recommend consulting recent industry reports or market research sources.

Industry Updates:

Oct 2021 CP Kelco, a global pioneer in nature-based ingredient solutions, said today that it would broaden its distribution partnership with Azelis across Europe, the Middle East, and Africa. The latest distribution scope expansion designates Azelis as CP Kelco's exclusive distribution associate in a number of nations and market areas. Under the terms of the new agreements, Azelis will distribute CP Kelco's product lines for Consumer & Industrial (C&I) and Food usages, including GENU® Pectin, KELTROL® Xanthan Gum, KELCO-VIS® Diutan Gum, KELCOGEL® Gellan Gum, GENU® Carrageenan, CELLULON® Fermentation-Derived Cellulose, and the newest addition.

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Curcumin is a chemical present in turmeric which gives it the bright yellow color. Anti-inflammatory and anti-oxidant properties of the chemical can lead to its inclusion in various foods. Inclusion of curcumin in supplements due to its bioavailability by the body can favor the industry. The global organic curcumin market report by Market Research Future (MRFR) contains insights, trends, and competitive intelligence for the period of 2019 to 2027 (forecast period).

Market Scope

The global organic curcumin market research is expected to register a CAGR of 7.47% from 2019 to 2027 and reach USD 190.34 million by the end of 2027.

The market is driven by the preference of non-genetically modified organisms (GMO) and organic ingredients. Benefits of curcumin on cancer conducted by reputed institutes are likely to drive its demand in the coming years. Huge demand for organic plant-based supplements can drive the global demand for organic curcumin during the forecast period. High sales of herbal health goods and interest towards prevention of diseases can augur favorably for the market.

However, the paucity in the production of curcumin and its expensive cost can encumber the market growth.

Segmentation

The global organic curcumin market has been segmented based on type, packaging type, and distribution channels.

By type, it is segmented into capsules, powder, and others.

The global organic curcumin market has been segmented by packaging type into pouches, bottles, and others.

By distribution channel, it is segmented into store based and non-store-based. The store-based segment has been further classified into supermarket and hyper market, convenience stores, and others.

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Regional Analysis

The global organic curcumin market has been analyzed for four key regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

APAC is predicted to lead in the market owing to preference of traditional products by consumers in China and India. Awareness of the benefits of curcumin and its defense against cancer and stroke can benefit the regional demand. Consumption of organic supplements is likely to drive up the sales of organic curcumin. Brand owners are likely to set up dedicated units in the region to cater to growing demand. This is fueled by the need for Ayurveda and herbal products.

North America is deemed to contribute to global market share owing to demand for supplements containing natural ingredients. Awareness of the benefits of curcumin can drive the market demand as well as its availability in retail stores and ecommerce sites can fuel regional growth. Presence of various cosmetic brands and their inclination towards the inclusion of organic curcumin can drive the market demand till the end of the forecast period. Massive demand of the chemical in foods can fuel the market growth.

On the other hand, RoW can exhibit a steady growth rate during the forecast period due to demand for organic products in Brazil and Argentina.

The organic curcumin market overview has witnessed significant growth in recent years due to increasing consumer awareness about the potential health benefits of curcumin, a bioactive compound found in turmeric. As people seek natural and organic alternatives for promoting well-being, organic curcumin has gained popularity for its anti-inflammatory and antioxidant properties. This has led to a surge in demand for organic curcumin supplements, functional foods, and personal care products, driving the expansion of the market. Manufacturers are focusing on providing high-quality, certified organic curcumin products to meet the rising consumer demand. Additionally, ongoing research exploring curcumin's potential benefits in various health conditions further supports market growth.

Competitive Outlook

Arjuna Natural Extracts Ltd., SV Agrofood, Biomax Life Sciences Ltd. (India), Yangling Cuijian Bioengineering Technology Co., Ltd., Phyto Life Sciences, Curcumex BV, Star Hi Herbs Pvt. Ltd, Helmigs Prima Sejahtera, NOW Foods, Synthite Industries Ltd., Herboveda India Pvt. Ltd., Organic India Pvt. Ltd., BioThrive Sciences, Konark Herbals & Health Care, and The Green Labs LLC are prime players operational in the global organic curcumin market.

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The Pharmacy Inventory Management Software Solutions and Cabinets Market value for was USD 6.96 Billion in 2022 and is expected to reach USD 12.8 Billion in 2032 growing at a CAGR of 7% during the forecast period.