Guar gum, also identified as Psoralea tatragonoloba, Jaguar Gum, Guar Flour, Indian Guar Plant, and Dietary Fiber. It is derived from the seeds of the drought tolerant plant Cyamopsis tetragonoloba. Guar gum is a novel agrochemical which is processed from the endosperm of cluster bean. It is mostly used in the form of guar gum powder as an additive in food, pharmaceuticals, paper, textile, explosive, and oil well drilling and cosmetics industry. It is predominantly used as thickener and stabilizer. Guar gum is also beneficial to control many health problems like diabetes, bowel movements, heart disease, and colon cancer.
MARKET DYNAMICS
Increases in multifunctional properties of guar gum in the various industry worldwide are expected to remain the dominant force driving the demand for guar gum market. Furthermore, increased consumption of convenience food across the globe is also projected to influence the guar gum market significantly. Moreover, growing usage for guar gum in bakery products is on an increasing rate which is expected to fuel the market. The Robust growth of industries such as, food, oil, and gas, pharmaceutical in the emerging markets increased the application of guar gum, which in turn are expected to generate remarkable opportunity for the guar gum market.
MARKET SCOPE
The "Global Guar Gum Market Analysis to 2028" is a specialized and in-depth study of the guar gum industry with a special focus on the global market trend analysis. The report aims to provide an overview of guar gum market with detailed market segmentation by grade, function, application and geography. The global guar gum market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading guar gum market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global guar gum market is segmented on the basis of grade, function and application. Based on grade, the market is segmented into food-grade, industrial-grade and pharmaceutical-grade. On the basis of function the market is segmented into thickening, gelling, binding, friction reducing, and other functions. On the basis of application the market is segmented into oil & gas, food & beverages, mining & explosives, paper manufacturing, pharmaceuticals & cosmetics and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global guar gum market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The guar gum market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting guar gum market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the GUAR GUM market in these regions.
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MARKET PLAYERSThe reports cover key developments in the guar gum market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from guar gum market are anticipated to lucrative growth opportunities in the future with the rising demand for guar gum in the global market. Below mentioned is the list of few companies engaged in the guar gum market.
The report also includes the profiles of key guar gum companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Altrafine Gums
-Cargill, Incorporated
-Dabur
-E.I. Dupont De Nemours and Company
-Global Gums & Chemicals
-Guangrao Liuhe Chemical Co.,Ltd
-Hindustan Gum & Chemicals Ltd.
-Ingredion Incorporated
-Neelkanth Polymer Industries (A Unit of K.C India Ltd.)
-Vikas WSP Ltd.
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