Guar Gum Market Will Generate Record Revenue by 2028

The Guar Gum Market size is expected to register a CAGR of 4% from 2022 to 2028. Guar gum, also known as gellan gum, is a natural polymer derived from guar seeds. Powdered products used to stabilize, emulsify and thicken the texture of certain food and industrial products. Guar gum has the properties to achieve high viscosity at low concentrations due to its inherently non-toxic, low-calorie, high-fiber properties. Because of these properties, it is used as an additive in foods and beverages such as bottled coconut and almond milk, yogurt, soups, and fiber supplements. There are many other uses of guar gum including body lotions and DIY beauty recipes. The food industry accounts for 70% of sales in the guar gum market. It is also an ideal thickener due to its colloidal and emulsifying properties. However, fluctuations in oil prices, oversupply, and the gradual emergence of superior alternatives are some of the factors restraining market growth in the region.

Company Profile

• Penford Corp.
• TIC Gums
• Lucid Group
• Vikas WSP Limited
• Ashland Inc.

Market Segmentation

On the basis of grade

• Food-grade
• Industrial-grade
• Pharmaceutical-grade

On the basis of function

• Thickening
• Gelling
• Binding
• Friction reducing

On the basis of application

• Oil & gas
• Food & beverages
• Mining & explosives
• Paper manufacturing

Scope of the Report

The research study analyzes the Guar Gum Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Guar Gum Market Report

1. What was the Guar Gum Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Guar Gum Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Guar Gum Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Guar Gum Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Guar Gum
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Guar Gum
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Guar Gum Market.