Dairy Alternatives Market Is Predicted To Grow Swiftly Due To Rising Consumer Shift Towards Vegan Diet Till 2024

 

Dairy alternatives market is expected to reach USD 35.06 billion by 2024, according to a new report by Grand View Research, Inc. Dairy alternatives market is expected to witness significant growth over the projected period owing to rising consumer awareness towards health coupled with increasing number of lactose intolerance cases across various parts of the world. Increasing penetration of plant-based milk such as almond milk, soy milk and, coconut milk to replace cow milk is anticipated to propel demand.

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U.S. Dairy Alternatives Market Revenue, By Product, 2013 – 2024 (USD Million)

Increasing consumer preference for lactose-free food products including cheese, desserts, and snacks are anticipated to drive demand. Rising consumer focus on the nutritional values offered by the product such as low calories and high proteins and vitamins is likely to have a positive impact on the industry. Furthermore, the shift of consumer base towards vegan diet owing to factors including animal rights and environment protection are anticipated to drive demand for dairy alternatives over the forecast period. However, high cost associated with these products as compared to dairy products is likely to hamper industry growth.

The global dairy alternatives market has numerous players, however, is dominated by a few including Danone, Vitasoy International, Sunopta, Earth’s Own Food, and Blue Diamond Growers. These companies are engaged in developing and launching innovative and new products to consolidate their presence in the industry. However, growing consumer demand and rising consumer preference for high-quality products with low costs are anticipated to open new avenues for the new players over the next eight years. The industry players are likely to establish and expand their business in the Asian Market in order to tap the increasing consumer demand associated with the changing lifestyle, growing population, rising disposable income and increasing number of lactose intolerance cases in the countries such as China, Australia, New Zealand, India, Japan, and Korea.

Browse full research report on Dairy Alternatives Market: www.grandviewresearch.com/industry-analysis/dairy-alternatives-market  

Further Key Findings From the Study Suggest:

  • Soy milk is the most common non-dairy item for consumption and anticipated to be the largest product segment of the market in 2015 accounting over 40% of the total market. Soy milk contains isoflavones compounds, which reduces the risk of breast cancer and heart diseases, which is likely to raise the popularity of the product, especially among women and elderly consumers.
  • Plain unsweetened formulation of the dairy milk alternatives is anticipated to account for a major share in the industry and is expected to grow at a CAGR of over 15% over the next eight years. Growing demand for unsweetened soy and almond milk for manufacturing various food items such as yogurt, desserts and cheese are anticipated to have a positive impact on the industry growth.
  • Beverage is expected to be a key application segment for the market. Growing demand for various nut based flavored milk products such as almond, cashew, and walnut is anticipated to open new avenues for the industry growth over the projected period.
  • U.S. is anticipated to be a key market for dairy alternatives and is anticipated to grow at a CAGR of over 10% from 2016 to 2024. Almond milk is anticipated to witness the fastest growth in the North American market owing to changing consumer preference from soy milk to almond milk products. Rising consumer demand for tasty and cholesterol free products in the region is anticipated to drive the almond milk industry growth over the forecast period.
  • Key players in the industry include CP Kelco, Blue Diamond Growers, Danone, The Hain Celestial Group, Inc., Sanitarium Health & Wellbeing Company, Freedom Foods Group Ltd., Nutriops S.L., Daiya Foods Inc., Archer Daniels Midland Company and The Whitewave Foods Company.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-food

Grand View Research has segmented the dairy alternatives market on the basis of product, formulation, application and region:

Dairy Alternatives Market Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • Soy Milk
  • Almond Milk
  • Rice Milk
  • Others

Dairy Alternatives Market Formulation Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • Plain
    • Sweetened
    • Unsweetened
  • Flavored
    • Sweetened
    • Unsweetened

Dairy Alternatives Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • Food
    • Cheese
    • Desserts
    • Snacks
  • Beverage

Dairy Alternatives Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
  • Latin America
  • Middle East & Africa
    • South Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dairy-alternatives-market                                                                         

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

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Teleradiology Market Is Predicted To Grow Swiftly Due To Newly Engineered Digital Technology Till 2024: Grand View Research, Inc.

 

The global teleradiology market is expected to reach over USD 8.24 billion by 2024 according to a new report by Grand View Research, Inc. The introduction of technology-enabled, accurate, and real-time medical imaging devices favor their application in hospitals, particularly for emergency cases. Moreover, new digital technology systems facilitate the timely intervention of specialists from different locations for critical cases. The rising base of geriatric population coupled with the increasing prevalence of diseases, such as bone injuries, cancer, and dental problems, drives the need for medical imaging systems. This is expected to have a positive impact on the teleradiology market.

In rural areas, there is a dearth of specialized radiologists in hospitals and majority of the hospitals lack adequate access to the latest medical facilities; hence, these areas serve as a huge base of untapped opportunities. The increasing government initiatives to encourage the use of teleradiology in clinics and hospitals in emergency situations are expected to augment the growth of the teleradiology market.

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Europe teleradiology market share, by product, 2013 – 2024 (USD Million)

Benefits associated with teleradiology are the factors likely to accelerate the market growth over the forecast period. One of the most crucial benefits of teleradiology is getting a spur-of-the-moment, second consultative opinion for critical cases with high-resolution images, which can be sent across the globe to reputed domain-specialists in radiology, thus facilitating a good connectivity among radiologists worldwide. Furthermore, outsourcing of radiology services can be done for small-scale hospitals or hospitals in under-served communities, where the interpretation of reports can be obtained as and when required.

Browse full research report on Teleradiology Market: www.grandviewresearch.com/industry-analysis/teleradiology-market

Further Key Findings From the Study Suggest:

  • The x-ray segment dominated the market in 2015 due to its wide range of applications, such as the detection of fractures in bones or dental injuries and the increasing demand for core diagnostics and bedside imaging. In 2015, this segment occupied over 30.0 % of the revenue share.
  • The teleradiology-based CT scan is the fastest growing segment and is expected to grow at a CAGR of over 20.0% over the forecast period. Its lucrative growth is attributed to the teleradiology-associated advantages, which include a high-resolution imaging capacity, a faster testing rate, high usage rates, and the introduction of new generation models, such as 3D and 4D.
  • In 2015,North America dominated the teleradiology market owing to the existence of an advanced healthcare IT, the introduction of high-speed connections, and high penetration rates of new technologies
  • Supportive government regulations for the expansion of teleradiology and faster technology adoption in Asia Pacific are expected to drive the demand for teleradiology over the forecast period
  • Key players include Agfa-Gevaert N.V., Virtual Radiologic (vRAD), ONARD, Everlight Radiology,Global Diagnostics, 4ways Healthcare Ltd., Spectra AB, Health Watch Tele Diagnostics Pvt. Ltd., and RamSoft, Inc.
  • In an attempt to register significant growth, market players adopted several strategies such as geographic expansions, partnerships, new product development, and acquisitions. For instance, in April 2016, Agfa Healthcare signed an agreement with Derby Teaching Hospitals to implement its ORBIS ICU manager service.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the teleradiology market on the basis of product and region:

Global Teleradiology Product Outlook, by Revenue (USD Million, 2013–2024)

  • X-ray
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound
  • Computed Tomography (CT)
  • Nuclear Imaging

Teleradiology Regional Outlook, by Revenue (USD Million, 2013–2024)

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • Japan
  • Latin America
  • Brazil
  • MEA
  • South Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-teleradiology-market

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

Soap And Detergent Market Growing at CAGR of 8.83% from 2014 to 2025

 

The global soap and detergent market is expected to reach USD 207.56 billion by 2025, according to a new report by Grand View Research, Inc. The rising disposable income and rapid urbanization in developing countries are expected to increase the demand for soaps and detergents. The rising healthcare awareness coupled with government regulations to maintain hygiene and cleanliness in food processing, product manufacturing, and hotel is expected to drive the market growth.

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Launch of innovative new product is another major factor contributing toward market growth. The demand for highly efficient and anti-allergic cleaning products is growing rapidly. The manufacturers are continuously focusing on innovative product development to cater the unmet needs of their customers. For instance, anti-allergy soaps and natural ingredients containing detergents are heavily adopted by consumers with delicate skin.

Browse full research report on Soap And Detergent Market: www.grandviewresearch.com/industry-analysis/soap-detergent-market   

Further Key Findings From the Study Suggest:

  • Household detergents segment was the largest revenue generating segment of the market in 2016 due to escalating penetration of washing machines in the emerging economies
  • Household soaps is estimated to grow at the highest growth rate during the study period owing to rising population and escalating disposable income in developing regions
  • North America dominated the market in 2016 majorly due to the existence of well-developed economy and large textile industry in this region
  • The Asia Pacific market is estimated to grow at the highest rate during the forecast period. Rising number population and developing economies including India, China, and Indonesia, are major factors contributing to growth in this region
  • Some of the major players are Colgate-Palmolive Company; Unilever; Church & Dwight Co.; Ecolab Inc.; Procter & Gamble; Henkel AG & Co. KGaA; Lion Corp.; The Clorox Company; Reckitt Benckiser Group PLC

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/consumer-goods                           

Grand View Research has segmented the global soap and detergent market on the basis of product and region:

Soap & Detergent Product Outlook (Revenue, USD Billion; 2014 – 2025)

  • Household detergents
  • Industrial soaps & detergents
  • Household soaps
  • Others

Soap & Detergent Soap & Detergent Regional Outlook (Revenue, USD Billion; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • RoW

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-soap-detergent-market                                                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

Location of Things Market To Gain Demand Swiftly Due To Growing Investments In The Industry Till 2025: Grand View Research, Inc.

 

The global location of things market is expected to reach USD 71.6 billion by 2025, growing at a CAGR of 34.07%,  according to a new study by Grand View Research Inc. The increasing penetration of smartphones and enhanced network connectivity coupled with the increasing demand for personalized services are propelling the market growth.

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North America LoT market revenue by application, 2014 – 2025 (USD Million)

Location of things is an emerging sub-category of the IoT concept that enables connected devices to monitor and communicate their geographic location. Enabled by IoT sensors and location technologies embedded into various connected devices allows organizations and service providers to collect a variety of data over the network. Over the years, a variety of location-based services has been introduced, such as Google Maps, Uber, Waze, and many others, which have been enabled by the ability of a smartphone to locate itself. Location being the most vital dimension of the data collected allows service providers to provide contextual content for each user.

Advancements in connected wearable devices, connected vehicles, connected homes, smart cities, and Industrial IoT (IIoT) are bound to open extensive market avenues for the location of things market in the coming years. However, issues related to privacy and safety along with universally accepted standards are expected to challenge the industry.

Browse full research report on Location of Things Market: www.grandviewresearch.com/industry-analysis/location-of-things-market

Further Key Findings From the Study Suggest:

  • North America and Europe accounted for the majority share in the location of things market. Advanced infrastructure and accelerated adoption of smart devices along with the presence of major technology players are the key factors contributing to the regional market dominance.
  • Mapping and navigation applications dominated the global location of things market with a share of 32.6% in 2017. The introduction of various applications, such as Google Maps, HERE Maps, and Apple Maps, among others, has enabled a variety of location-based services that have led to the segment growth.
  • The transportation and logistics vertical segment acquired a major share in the location of things market in 2017, which is followed by the manufacturing and industrial segment. The development of connected car technologies and a variety of logistics solutions have enhanced the operational efficiencies and reduced the time-to-delivery for the transportation sector.
  • Asia Pacific is expected to grow at a CAGR of nearly 35.9% over the forecast period. Advancements in technology infrastructure in countries such China, India, Japan, and other developing nations in the region are expected to drive the industry growth in the coming years.
  • Increasing investments in IoT technologies and location-based services are expected to drive the growth of location of things market. Key market players include Google, HERE, Qualcomm, Apple, Pitney Bowes, and Bosch, among others.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the location of things market on the basis of applications, verticals, and regions:

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Mapping and Navigation
  • Asset Management
  • Location Intelligence
  • Media and Marketing Engagement

Vertical Outlook (Revenue, USD Million; 2014 – 2025)

  • Retail and Consumer Goods
  • Government, Defense, and Utilities
  • Manufacturing and Industrial
  • Transportation and Logistics
  • Healthcare
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-location-of-things-market                                                                

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

Zeolite Market To Experience Lucrative Growth Due To Increasing Refinery Output Till 2022: Grand View Research, Inc.

 

The global zeolite market is expected to reach USD 33.80billion by 2022, according to a new report by Grand View Research, Inc. Increasing refinery output at a global level is expected to be a primary factor for product growth over the forecast period.

Rising need for non-toxic and hydrophilic adsorbents for waste water treatment and water purification is expected to propel product demand. Furthermore, increasing consumption for gas separation is expected to fuel growth over the forecast period.

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Turkey Zeolite market revenue by application, 2012-2022, (USD Million)

Abundant availability of raw materials is expected to be a key driver for zeolite market growth. The raw materials are also used in a host of other applications including paper, electronics, fabrication, and ceramics. This may result in hampering raw material supply for zeolite manufacturing owing to the expansion of the aforementioned industries.

Growing demand for petroleum and petrochemical is expected to result in increased use of catalysts as an important compound required in synthesis. Thus, expansion of the oil & gas sector is expected to result in high catalyst demand which in turn will have a positive impact on the market over the forecast period.

Browse full research report on Zeolite Market: www.grandviewresearch.com/industry-analysis/zeolites-market      

Further Key Findings From the Study Suggest:

  • Synthetic zeolite are expected to grow at a CAGR of 2.6% in terms of revenue from 2015 to 2022. Emergence of silver infused materials as an antimicrobial agent is expected to open new opportunities for growth in the near future.
  • Detergent builders were the largest application segment and demand was estimated at over 3,000 kilo tons in 2014 owing to their extensive use as binders in detergents. Growing need for detergents on account of rising consumer awareness regarding hygiene is expected to augment industry growth.
  • Catalysts are expected to witness growth at a CAGR over 1.5% in terms of volume from 2015 to 2022 owing to oil & gas industry expansion. In addition, growing need for high performance catalysts yielding higher output is expected to drive growth over the next seven years.
  • Europe was the largest market accounting for over 30.0% of global volume share in 2014. Regulatory framework towards restriction of GHG emissions coupled with robust manufacturing base of refrigerants and detergents in Germany, France, Netherlands and Belgium is expected to fuel demand over the next seven years.
  • Asia Pacific is expected to witness growth at a CAGR over 3.0% in terms of revenue from 2015 to 2022. Growing need for refrigerants and detergents coupled with increasing product utilization in advanced processing methods in nuclear industry for the removal of nuclear waste is expected to have a positive impact over the forecast period.
  • Global industry is characterized by integration across raw materials and manufacturing stages of the value chain. Companies including Arkema, Union Showa K K, and Chemiewerk Bad Köstritz manufacture raw materials such as silica and aluminum, which are used in the production of zeolite. In May 2007, Arkema commenced commercial production of Siliporite at its Inowroclaw plant in Poland.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/personal-care-and-cosmetics             

Grand View Research has segmented the global zeolite market on the basis of product, application and region:

Zeolite Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • Natural
  • Synthetic

Zeolite Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • Catalysts
  • Adsorbents
  • Detergent builders
  • Others

Zeolite Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 – 2022)

  • North America
    • U.S.
  • Europe
    • Russia
    • Turkey
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • MEA
    • Qatar

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-zeolite-market                                                              

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

Personal Mobility Devices Market Is Projected To Grow Rapidly Due To Rising Incidences Of Rheumatoid Arthritis And Osteoporosis Till 2020

 

Global personal mobility devices market is expected to reach USD 8.0 billion by 2020, according to a new study by Grand View Research, Inc. Increasing geriatric population base and prevalence of target diseases are some key factors expected to drive market growth during the forecast period. Aging heightens the susceptibility of a person towards developing target diseases such as osteoporosis and rheumatoid arthritis.

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Global personal mobility devices market, by product, 2012 – 2020 (USD Million)

Therefore, a growing geriatric population base is expected to widen the patient base for manufacturers. Additionally, presence of supportive government initiatives aimed at strengthening reimbursement frameworks and growing R&D investments for new product development is expected to propel market growth over the next six years.

Browse full research report on Personal Mobility Devices Market: www.grandviewresearch.com/industry-analysis/personal-mobility-devices-market

Further Key Findings From the Study Suggest:

  • Wheelchairs were the largest selling product segment in 2013. Growing demand for powered wheelchairs especially in the developed countries is expected to drive segment growth during the forecast period.
  • Premium rollators are identified as the most lucrative segment of this market. Manufacturers of these rollators capitalize on the unmet needs of patients. Features such as enhanced height, ability to handle heavy weight patients, handle adjustment mechanism are expected to enhance penetration rates. The introduction of specialized devices such as rollators with laser attachment for patients suffering from Parkinson’s is also expected to drive segment growth during the forecast period. These devices are expected to witness a rapid rise in demand in developed markets with patients holding high disposable income and awareness levels.
  • North America was the most matured regional personal mobility devices market in 2013. The region was the largest revenue generating market, accounting for over 35.0% of revenue in the year. Presence of supportive government policies, sophisticated healthcare infrastructure and growing geriatric population base are some factors attributing to its large share.
  • Asia Pacific is expected to grow at a lucrative growth rate during the forecast period. This region, owing to a growing geriatric population base, increasing disposable income and awareness levels is expected to witness a rapid gain in demand over the next six years.
  • Some key players of the personal mobility devices market include Drive Medical Design & Manufacturing, Electric Mobility, Sunrise Medical, Pride mobility, Briggs Healthcare, Kaye Products, Nova, Patterson Medical, Eurovema AB, Graham-Field Health Products Incorporation, Invacare and TOPRO
  • Developing technologically advanced personal mobility devices via extensive R&D investments and entering into strategic alliances with buyers are some key sustainability strategies adopted by these market players.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices                           

Grand View Research has segmented the global personal mobility devices market on the basis of product and region:

Global  Personal Mobility Devices Product Outlook (Revenue, USD Million, 2012 – 2020)

  • Wheelchairs
    • Manual
    • Power
  • Scooters
  • Mobility aids
    • Rollators
      • Low cost
      • Premium
    • Other Walking aids (canes, crutches, walkers)

Personal Mobility Devices Regional Outlook (Revenue, USD Billion, 2012 – 2020)

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Austria
    • Switzerland
  • Asia Pacific
    • Japan
  • RoW

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-personal-mobility-devices-market                                                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

 

Xanthan Gum Market Boosting Due To Enhanced Use Of Product As Emulsion In Salad Dressings, Toppings, Dairy Products Till 2020: Grand View Research, Inc.

 

Global Xanthan Gum Market is expected to reach USD 987.7 million by 2020, according to a new study by Grand View Research, Inc. Growth of oil & gas industry is expected to be one of the primary factors driving xanthan gum demand over the forecast period. Increasing use of xanthan gum as an emulsion across a wide array of applications including salad dressings, toppings, relishes, sauces, non-fat milk, dairy products, baked and frozen foods coupled with growth of food & beverage industry is anticipated to augment market growth.

xanthan-gum-market
Global xanthan gum market volume, by application, 2012 – 2020 (Kilo Tons)

Oil & gas and food & beverages together accounted for over 80% of xanthan gum market in terms of volume as well as revenue in 2013. Food & beverages is anticipated to be the fastest growing application of xanthan gum over the forecast period closely followed by oil & gas. Growing population, changing lifestyle of consumers and rising number of restaurants and cafes especially in India and China coupled with increasing use of xanthan gum as a low price alternative to guar gum in a wide range of food applications is expected to result in high demand for xanthan gum. Increasing demand for petroleum and petrochemicals is expected to result in increasing use of xanthan gum over the forecast period as it is an important component employed in drilling fluids.

Browse full research report on Xanthan Gum Market: www.grandviewresearch.com/industry-analysis/xanthan-gum-market   

Further Key Findings From the Study Suggest:

  • Asia Pacific was the largest market accounting for over 40% of global xanthan gum volume share in 2013. Food & beverage growth in China, India, Malaysia and Singapore is expected to drive xanthan gum market over the forecast period. In addition, growing oil & gas production in China on account of their rising demand in automobile and chemical industries is expected to have a positive impact on xanthan gum market over the next six years.
  • Xanthan gum market demand in pharmaceutical applications accounted for less than 5% in 2013. Xanthan gum is primarily used to retard drug release in tablets and is compatible with numerous stabilizers and thickeners. Growth in the pharmaceutical industry is likely to propel xanthan gum demand over the next six years.
  • Recovery of pharmaceutical industry in the U.S. is expected to drive xanthan gum market growth over the forecast period. Positive industry outlook of pharmaceutical sector in China and India on account of favorable FDI policies and supporting regulatory policies to boost domestic production output is expected to have a positive impact on xanthan gum market.
  • U.S. Department of Commerce announced antidumping duties on imports of xanthan gum from China. This move is anticipated to restrict the supply of xanthan gum manufactured in China. Companies operating in China, including Fufeng and Deosen, are likely to be negatively impacted by the implementation of antidumping duties in the U.S. Antidumping duties are anticipated to be in the range of 15% to 154%.
  • Key market participants include Fufeng Group, Deosen Biochemical Ltd, CP Kelco, ADM, Jungbunzlauer, DuPont Danisco, Meihua Group and Pfizer Inc. Xanthan gum production is confined to the U.S., Austria, France and China. Raw material availability in China and Austria is anticipated to force market players to maintain their manufacturing units in vicinity.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances                                                                                                        

For the purpose of this study, Grand View Research has segmented the global xanthan gum market on the basis of application and region:

Global Xanthan Gum Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • Oil & gas
  • Food & beverages
  • Pharmaceutical
  • Cosmetics
  • Others

Global Xanthan Gum Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • North America
    • U.S.
  • Europe
    • Russia
    • Germany
    • Netherlands
  • Asia Pacific
    • China
    • India
  • RoW
    • Brazil
    • Saudi Arabia

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-xanthan-gum-market                                                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com