Title: Guar Gum Market - Forecast(2021 - 2026)
1Guar Gum Market - Forecast(2021 - 2026)
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- Increasing import value of guar gum across the
world is elevating the demand and preference for
guar gum. Import value of Thickeners and
mucilages derived from guar seeds is recorded as
1.08m in 2018, experienced a 14 annual growth
in import value during 2017-2018. - IndustryARCs latest market research report
states that the global guar gum market was
valued at 790m in 2018 and is estimated to
propel with a healthy CAGR of 7.40 throughout
the foreseen period 2019-2025.
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- Key Takeaways
- North America region occupied a domineering share
of 52 in the global guar gum market as of 2018.
U.S. is the largest importer of mucilages and
thickeners, derived from locust beans, and guar
seeds in 2018. - Guar gum is a galactomannan polysaccharide which
has been taken out from guar beans. - Guar gum fibers and additives offer improved
thickening and binding abilities to the food
products and gaining traction of recurring and
loyal customers who come back for more products.Â
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By Distribution Channel- Segment Analysis Guar
gum powder is widely utilized in the preparation
of gluten-free pastries, noodles, jams, vegan
food and ice cream. This powder has a wide
variety of applications in salad dressings,
soups, and sauces to control the thickness level
and to provide smooth texture to the food. As it
is the most effective natural thickener used in
the food. Guar gum powder is the most potent
agent for perfect baking. It also preferred as an
additive in the food industry.
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- Guar Gum Market Industry OutlookÂ
- Hindustan Gum Chemicals Ltd.
- Jai Bharat Gum and Chemicals Ltd
-
- Shree Ram Industries
- rama gum industries limited
- Tiku Ram Gum Chemicals Pvt. Ltd.
-
- Dabur India Ltd.
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