Global Guar Gum Market by Function and by Region – Forecast report, 2020-2027

guar gum market size

The GMI Research projects that the Guar Gum Market is experiencing an increase in demand over the forecast period. This is because of the surging application in manufacturing, oil, and gas, and cosmetic industry, their usage to stabilize and coagulate the texture of food, and their potential to achieve high density.

Introduction of the Guar Gum Market 

Guar gum is a commendatory source of better quality galactomannan polysaccharide extricated from guar beans. It is normally used as a powder in paper manufacturing, pharmaceuticals, textile, food & beverage, cosmetic and mining & explosives industry. The gum serves as an adhesive, conductor, and plasticizer and helps control health problems such as heart disease and diabetes.  

Key Players of Market:

  • India Glycols Ltd
  • E.I. Dupont De Nemours and Company
  • Guangrao Liuhe Chemical Co., Ltd
  • Cargill, Incorporated
  • Shree Ram Industries
  • Ashland Inc.
  • Ingredion Incorporated
  • Dabur India Ltd
  • Vikas WSP Ltd.
  • Hindustan Gums and Chemical Limited
  • Neelkanth Polymers
  • Global Gums and Chemicals Pvt Ltd

Guar Gum Market Dynamics

The remarkable change in the lifestyle of individuals and the soaring consciousness concerned with the nutrient and health benefits has inclined individuals towards organic items that are likely to stimulate the growth of the global guar gum market size. In addition, the robust demand for ready-to-eat food, as well as the soaring demand in the oil and gas sector, will pave the way for market growth. The guar gum imparts enormous health benefits, such as a rise in glucose tolerance and a reduction in low-density lipoprotein cholesterol. Further, the increasing implementation as an organic ingredient across mining & explosives, food & beverages, pharmaceuticals, and the cosmetics industry, will energize the market share. Besides this, the accelerating product seepage in the pharmaceutical industry is further predicted to raise market growth. However, the inadequacy of R&D activities across India and Pakistan and volatile prices of guar seeds and gum are restricting the guar gum market size.

Function Segment Drivers

Based on the function, gelling is stimulated to fuel at a faster CAGR in the market due to its ability to function as a congealing agent in rupturing fluid composition and its extensive employment in pharmaceutical and personal care products. Moreover, in accordance with the global guar gum market report the gum is utilized as stiffening and gelling agent across various food items such as jellies, candies, and deserts to enhance product appearance.

Grade Segment Drivers

On the basis of the grade, Industrial-Grade is anticipated to grow at a faster rate due to their exacerbating usage across industrial verticals such as oil wells, water, and geological drilling. In addition to this, it is also applied in textile, mining, explosives, and paper manufacturing industries. Moreover, food-Grade will seize the largest share in the market over the coming years. This is because of the altering eating pattern of the consumer and accruing demand for food-grade as well as the enlarging food processing industry will stimulate the guar gum market opportunities.

Guar Gum Market Segmentation:

Segmentation by Function
  • Thickening
  • Gelling
  • Binding
  • Friction Reducing
  • Others
Segmentation by Grade
  • Food-Grade
  • Industrial-Grade
  • Pharmaceutical-Grade
Segmentation by Application
  • Oil & Gas
  • Food & Beverages
  • Bakery & Confectionery Products
  • Dairy & Frozen Products
  • Beverages
  • Sauces & Dressings
  • Others
  • Mining & Explosives
  • Paper Manufacturing
  • Pharmaceuticals
  • Cosmetics
  • Others
Segmentation by Region:
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • RoW
    • UAE 
    • Brazil
    • South Africa
    • Saudi Arabia

About GMI Research

Aimed to provide business information and market research reports to various small, medium, and large-scale companies, GMI is a research and consulting enterprise. The team of seasoned experts collect all the appropriate information using both internal and external databases. The concentration of our organisation is to penetrate our clients with the approaching opportunities and challenges. The team further helps to perceive the influence of share, drivers, size, growth opportunities, and other market aspects. 

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