Market Share of Xanthan Gum Industry
The xanthan gum market is highly competitive, with many domestic and multinational players competing for market share and product innovation, which is an effective strategic approach adopted by leading players. Some prominent players in the market include Cargill Inc., Archer Daniels Midland Company, Deosen Biochemical Ltd., CP Kelco ApS, and DuPont de Nemours, Inc., among others. Due to the experience and expertise of these leading companies in the global food additives segment, these leading players can focus on developing new products. Further, economies of scale and high brand loyalty among consumers give these companies an upper edge. Additionally, mergers, expansion, acquisitions, and partnerships with other companies are common strategies to enhance the company's presence and boost the market.
Xanthan Gum Market Leaders
Cargill Inc.
Archer Daniels Midland Company
Deosen Biochemical Ltd.
CP Kelco ApS
DuPont de Nemours, Inc.
*Disclaimer: Major Players sorted in no particular order
