Xanthan Gum Market, Size, Share, Market Intelligence, Company Profiles and Trends Forecast to 2023
According to Stratistics MRC, the Global Xanthan Gum market is expected to grow from $351.24 million in 2016 to reach $485.64 million by 2023 with a CAGR of 4.7%. Growing demand for gultenfree and natural products, changes in consumer lifestyle & preference, and increasing demand from food & beverage industry are the factors boosting the market growth during the forecast period. However, quality issues of xanthan gum, competition form substitute products are hindering the market growth.
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