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Global Xanthan Gum

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Global Xanthan Gum
Worldwide food industry is increasing fastly showing huge demand for xanthan gum. More- over, the expansion of the food and beverage industry into a greater variety of convenience foods is expected to boost the global xanthan gum market even further. Another important key driver for the global xanthan gum market is the inherent superiority of xanthan gum to other gum. The global xanthan gum markets is expected to expand at a very positive
CAGR of 7.7 percent. in terms of revenue, between 2016 and 2024. This revenue is expected to reach as much as USD 1.25 billion by the end of 2024, after being calculated at USD
651.5 million at the end of 2015. In terms of volume, the global xanthan gum market is expected to expand at a CAGR of 7.3 percent

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