Market Share of Xanthan Gum Industry
The xanthan gum market is consolidated, with many domestic and multinational players competing for market share. Some prominent players in the market include Cargill Inc., Archer Daniels Midland Company, Fufeng Group, MeiHua Holdings Group Co. Ltd., and J. M. Huber Corporation. Product innovation is a compelling strategic approach adopted by leading players. Mergers, expansion, acquisitions, and partnerships with other companies are other common strategies adopted by these players to enhance brand presence and boost their market share. Further, economies of scale and high brand loyalty among consumers give these companies an upper edge.
Xanthan Gum Market Leaders
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Archer Daniels Midland Company
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Fufeng Group
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MeiHua Holdings Group Co Ltd
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J. M. Huber Corporation
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Cargill Incorporated
*Disclaimer: Major Players sorted in no particular order
