The Xanthan Gum market exhibited price volatility due to its reliance on agricultural feedstock costs such as corn and wheat. It generally trended upward, driven by global inflation and supply chain disruptions, while the Black Sea deal introduced some opposing dynamics.
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Definition
Xanthan Gum is a natural food additive and thickening agent created through a fermentation process using the bacterium Xanthomonas campestris. It is a versatile ingredient known for its ability to improve the texture and viscosity of a wide range of food and non-food products, including salad dressings, sauces, gluten-free baked goods, and cosmetics.
Key Details About the Xanthan Gum Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Xanthan Gum in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Xanthan Gum Prices, including India Xanthan Gum price, USA Xanthan Gum price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Xanthan Gum Price Trend:
Xanthan Gum finds extensive industrial use as a thickening and stabilizing agent in various sectors, including food, cosmetics, and pharmaceuticals. It enhances texture and shelf life in food products, improves the suspension of solids in cosmetics, and acts as a controlled-release agent in pharmaceuticals. Additionally, it plays a crucial role in the oil drilling industry to increase viscosity in drilling fluids.
Key Players:
- Archer Daniels Midland Company (ADM)
- Fufeng Group Company Limited
- Cargill Incorporated
- DuPont de Nemours Inc.
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