Share:
ResearchAndMarkets.com s offering.
This report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Xanthan Gum Market to Reach $455.9 Million by 2027
Amid the COVID-19 crisis, the global market for Xanthan Gum estimated at US$397 Million in the year 2020, is projected to reach a revised size of US$455.9 Million by 2027, growing at a CAGR of 2% over the analysis period 2020-2027. Food & Beverages, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach US$201.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil & Gas segment is readjusted to a revised 1.6% CAGR for the next 7-year period.