Report Description

The global guar gum market is anticipated to grow at a significant rate during the forecast period owing to increasing demand for guar gum from the oil & gas industry and growing need for dairy and frozen foods. Further, changing eating habits is leading to the growing demand for convenience food which is supporting the demand for guar gum in the market.

Guar gum is a natural gum extracted from guar beans. They provide an excellent thickening consistency, eight times better than the original consistency of other gums. They could bind with water molecule. Therefore, they find application in various food products including dressings, baking mixes and milk products. The rapidly growing pharmaceutical industry is also providing a great opportunity for the growth of global guar gum market.

Global guar gum market can be segmented based on function, application, grade and region. Based on grade, the market is segmented into food-grade, pharmaceutical-grade and industrial-grade. The industrial grade guar gum acquired the largest market share in 2022 as the consumption of guar gum is increasing in the oil & gas sector and in other applications. The segment is further expected to dominate the market during the forecast period owing to the rising demand from textile, paper and printing industries.

Major companies operating in the global guar gum market include Vikas WSP Ltd., Abdullahbhai Abdul Kader Group, Cargill Incorporated, Shree Ram Industries, Rama Gum Industries (India) Pvt. Ltd., DuPont Nutrition & Health, Agro Gums, Lotus Gums & Chemicals, India Gycols Ltd., Amba Gums & Feeds Products, Vasundhara Gums & Chemicals, Hindustan Gums & Chemicals Ltd., The Lucid Group and Ingredion Incorporated, among others. The market is highly competitive with presence of both small scale and large-scale players. The companies are investing in strong distribution network and sales channel to increase their market share.

Objective of the Study:

  • To analyse and forecast the market size of global guar gum market.
  • To forecast global guar gum market based on function, application, grade, company and regional distribution.
  • To identify drivers and challenges for global guar gum market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global guar gum market.
  • To identify and analyse the profile of leading players operating in the global guar gum market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of guar gum manufacturing companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.

TechSci Research calculated global guar gum market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Guar gum manufacturing companies/partners
  • Suppliers/Distributers
  • End-Users
  • Government bodies such as regulating authorities and policy makers
  • Organizations, industry associations, forums and alliances related to guar gum market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as guar gum manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Function

·         Application

·         Grade

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Vikas WSP Ltd., Abdullahbhai Abdul Kader Group, Cargill Incorporated, Shree Ram Industries, Rama Gum Industries (India) Pvt. Ltd., DuPont Nutrition & Health, Agro Gums, Lotus Gums & Chemicals, India Gycols Ltd., Amba Gums & Feeds Products, Vasundhara Gums & Chemicals, Hindustan Gums & Chemicals Ltd., The Lucid Group and Ingredion Incorporated.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global guar gum market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Guar Gum Market, By Function:
    • Stabilizer & Emulsifier
    • Thickening & Gelling Agent
    • Binder
    • Friction Reducer
    • Others
  • Global Guar Gum Market, By Application:
    • Food & Beverages
    • Mining & Explosives
    • Oil & Gas
    • Paper Manufacturing
    • Pharmaceuticals & Cosmetics
    • Others
  • Global Guar Gum Market, By Grade:
    • Food-Grade
    • Pharmaceutical-Grade
    • Industrial-Grade
  • Global Guar Gum Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India 
      • South Korea
      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • South Africa
      • Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global guar gum market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Guar Gum Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Guar Gum Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Function (Stabilizer & Emulsifier, Thickening & Gelling Agent, Binder, Friction Reducer, Others)

6.2.2.     By Application (Food & Beverages, Mining & Explosives, Oil & Gas, Paper Manufacturing, Pharmaceuticals & Cosmetics, Others)

6.2.3.     By Grade (Food-Grade, Pharmaceutical-Grade, Industrial-Grade)

6.2.4.     By Company (2022)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Guar Gum Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Function

7.2.2.     By Application

7.2.3.     By Grade

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Guar Gum Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Function

7.3.1.2.2.             By Application

7.3.1.2.3.             By Grade

7.3.2.     India Guar Gum Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Function

7.3.2.2.2.             By Application

7.3.2.2.3.             By Grade

7.3.3.     Japan Guar Gum Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Function

7.3.3.2.2.             By Application

7.3.3.2.3.             By Grade

7.3.4.     South Korea Guar Gum Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Function

7.3.4.2.2.             By Application

7.3.4.2.3.             By Grade

7.3.5.     Australia Guar Gum Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Function

7.3.5.2.2.             By Application

7.3.5.2.3.             By Grade

8.    Europe Guar Gum Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Function

8.2.2.     By Application

8.2.3.     By Grade

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Guar Gum Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Function

8.3.1.2.2.             By Application

8.3.1.2.3.             By Grade

8.3.2.     Germany Guar Gum Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Function

8.3.2.2.2.             By Application

8.3.2.2.3.             By Grade

8.3.3.     United Kingdom Guar Gum Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Function

8.3.3.2.2.             By Application

8.3.3.2.3.             By Grade

8.3.4.     Italy Guar Gum Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Function

8.3.4.2.2.             By Application

8.3.4.2.3.             By Grade

8.3.5.     Spain Guar Gum Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Function

8.3.5.2.2.             By Application

8.3.5.2.3.             By Grade

9.    North America Guar Gum Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Function

9.2.2.     By Application

9.2.3.     By Grade

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Guar Gum Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Function

9.3.1.2.2.             By Application

9.3.1.2.3.             By Grade

9.3.2.     Mexico Guar Gum Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Function

9.3.2.2.2.             By Application

9.3.2.2.3.             By Grade

9.3.3.     Canada Guar Gum Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Function

9.3.3.2.2.             By Application

9.3.3.2.3.             By Grade

10.  South America Guar Gum Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Function

10.2.2.  By Application

10.2.3.  By Grade

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Guar Gum Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Function

10.3.1.2.2.           By Application

10.3.1.2.3.           By Grade

10.3.2.  Argentina Guar Gum Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Function

10.3.2.2.2.           By Application

10.3.2.2.3.           By Grade

10.3.3.  Colombia Guar Gum Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Function

10.3.3.2.2.           By Application

10.3.3.2.3.           By Grade

11.  Middle East and Africa Guar Gum Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Function

11.2.2.  By Application

11.2.3.  By Grade

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Guar Gum Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Function

11.3.1.2.2.           By Application

11.3.1.2.3.           By Grade

11.3.2.  Saudi Arabia Guar Gum Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Function

11.3.2.2.2.           By Application

11.3.2.2.3.           By Grade

11.3.3.  UAE Guar Gum Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Function

11.3.3.2.2.           By Application

11.3.3.2.3.           By Grade

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Pricing Analysis

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Players Profiled (Leading Companies)

15.2.1.  Vikas WSP Ltd.

15.2.2.  Abdullahbhai Abdul Kader Group

15.2.3.  Cargill Incorporated

15.2.4.  Shree Ram Industries

15.2.5.  Rama Gum Industries (India) Pvt. Ltd.

15.2.6.  DuPont Nutrition & Health

15.2.7.  Agro Gums

15.2.8.  Lotus Gums & Chemicals

15.2.9.  India Gycols Ltd.

15.2.10.                Amba Gums & Feeds Products

15.2.11.                Vasundhara Gums & Chemicals

15.2.12.                Hindustan Gums & Chemicals Ltd.

15.2.13.                The Lucid Group

15.2.14.                Ingredion Incorporated

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Based on grade, the market is divided into food-grade, pharmaceutical-grade, and industrial-grade. The industrial grade is expected to hold the largest market share in the forecast period as it finds numerous applications in the textile, paper, and printing industries.

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The availability of guar gum alternatives may hinder the growth of the global guar gum market.

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Increasing demand for dairy and frozen foods and high demand for guar gum from the oil & gas industry is driving the global guar gum market demand.

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Vikas WSP Ltd., Abdullahbhai Abdul Kader Group, Cargill Incorporated, Shree Ram Industries, Rama Gum Industries (India) Pvt. Ltd., DuPont Nutrition & Health, Agro Gums, Lotus Gums & Chemicals, India Gycols Ltd., Amba Gums & Feeds Products, Vasundhara Gums & Chemicals, Hindustan Gums & Chemicals Ltd., The Lucid Group, and Ingredion Incorporated are the major market players operating in the global guar gum market.

profile

Sakshi Bajaal

Business Consultant
Press Release

Guar Gum Market is Expected to Undergo a Substantial CAGR Through 2025

Sep, 2020

Increasing demand for convenience food and thriving pharmaceutical industry are acting as key growth factors for global guar gum market.