Sodium Hypochlorite Market By Coherent Market Insight - PowerPoint PPT Presentation

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Sodium Hypochlorite Market By Coherent Market Insight

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Sodium Hypochlorite Market, by Application (Cleaning & Disinfection, Bleaching, and Chemical Manufacturing), by End-Use (Household and Industrial), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 – PowerPoint PPT presentation

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Title: Sodium Hypochlorite Market By Coherent Market Insight


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

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CASSIA GUM MARKET ANALYSIS
  • Cassia Gum Market, By Application (Food
    Beverage (Dairy Products Confectionery Products
    (Meat Products, Instant Mix, Animal Food (Dog
    Food, Cat Food, Animal Feed))), Manufacturing
    Industry (Cosmetics, Pharmaceuticals, Paper
    Industry, Textile Industry, Chemical Processing,
    Others)), and By Region (North America, Latin
    America, Europe, Asia-pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 - 2027

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  • Cassia gum is an additive derived from endosperms
    of the seeds of Senna obtusifolia, also known as
    cassia tora. It is widely used as a gelling
    agent, stabilizer, and emulsifier in the food and
    personal care industry. It also enhances the
    texture of food products such as frozen dairy
    desserts, cheese, and meat poultry products.
  • The global Cassia gum market is projected to
    surpass US 21.5 million by the end of 2027, in
    terms of revenue, growing at CAGR of 6.5 during
    the forecast period (2020 to 2027).
  • Drivers
  • Increasing use of cassia gum in place of gaur gum
    across the pharmaceutical, animal feed, and
    textile industry is primarily driving the market
    growth. Cassia gum is used as a stabilizer in the
    animal feed industry as they are more economical
    as compared to other additives. This is also
    attributed to the growing consumption of meat
    products around the globe. All these factors are
    augmenting the market growth of cassia gum.
  • High demand for cassia gum from the food industry
    is expected to foster the market growth of the
    cassia gum. They are widely used in the
    preparation of dairy, baby food, and bakery
    confectionery products such as jellies, cookies,
    chocolates, and biscuits. Bakery confectionery
    products are the leading application area of
    cassia gum. Thus, significant demand for the
    product from food beverage is projected to
    foster the market growth of cassia gum. 
  • Regionally, North America dominated the global
    cassia gum market in 2019, reporting 61 market
    share in terms of revenue, followed by Europe and
    Asia-pacific, respectively.

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Figure 1. Global Cassia Gum Market, Revenue Share
(), By Region, 2019
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  • Market Restraints
  • The availability of substitutes such as other
    additives is expected to hinder the market growth
    of cassia gum. Moreover, the lack of specific
    guidelines standards regarding the use of cassia
    gum is again expected to hamper the market growth
    of cassia gum.
  • Severe changes in climatic conditions such as
    droughts or floods hamper the production of
    cassia Gum. This impacts the supply and price of
    the product, leading to an increase in the price
    of the product. This is expected to hinder the
    market growth of the cassia gum.

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  • Market Opportunities
  • Growing demand for cassia gum from the paper
    industry is expected to bring new opportunities
    to the market in the near future. It is used also
    used in the production of water-based paints and
    ceramics which is also projected to augment the
    market growth of the cassia gum. Moreover,
    growing demand for the product in the
    manufacturing of toothpaste as a gelling agent is
    further anticipated to fuel the market growth of
    the cassia gum.
  • The growing use of cassia gum in the production
    of air fresheners where it is used as a
    thickening agent is expected to offer lucrative
    opportunities to the market. Moreover, increasing
    use of cassia gum powder in the preparation of
    salads, sandwich ingredients, multi-course meat
    meals, and appetizers is also expected to bolster
    the market growth. All these factors are
    propelling the market growth of the cassia gum.

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Figure 2. Global Cassia Gum Market Opportunity
Analysis
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  • Market Trends
  • Use of natural and organic food ingredients is a
    current trend in the market and this is
    attributed to the growing health concerns and
    rising awareness regarding the side-effects of
    synthetic food ingredients. Cassia gum is a
    natural gelling agent thus gaining huge demand
    across food beverage products. Thus, the growing
    demand for organic food additives is projected to
    spur the market growth of the cassia gum over the
    forecast period.
  • Alcohol consumption is a growing trend among
    millennial. Cassia gum is widely used in the
    preparation of alcohols where it is used as
    thickeners and increases the viscosity of the
    beverage. Moreover, it is also used in the
    preparation of non-alcoholic drink such as soft
    drinks and fruit beverages. Thus, increasing
    demand for alcoholic as well as non-alcoholic
    beverages is expected to augment the market
    growth of the cassia gum.

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Figure 3. Global Cassia Gum Market, Revenue Share
(), By Application, in 2019
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  • On the basis of application, food beverages
    dominated the global cassia gum market in 2019
    with around 71 of market share in terms of
    revenue, followed by manufacturing industry.
  • Global Cassia gum Market - Impact of Coronavirus
    (Covid-19) Pandemic
  • The demand for meat, dairy, and aquaculture
    products has witnessed a rise during coronavirus
    (Covid-19) pandemic amidst the coronavirus
    pandemic. However the supply chain across the
    globe suffered many disruptions, owing to which
    producers are facing difficulties in providing
    their products in the market. These factors will
    impact on consumers spending will dampen the
    demand for Global Cassia gum market during
    2020-2021.
  • Competitive Section
  • Key players are operating in the global ion
    exchange resins market are Agro Gums, Avlast
    Hydrocolloids, Altrafine Gums, H. B. Gum
    Industries Private Ltd, Premcem Gums Pvt. Ltd.,
    Agro Herb Gums, JD Gums And Chemicals, Dwarkesh
    Industries, Fooding Group Limited, Amba Gums
    Feeds Products, and The Lubrizol Corporation.

12
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Buy Now
  • Reference https//www.coherentmarketinsights.com/
    market-insight/cassia-gum-market-3993

13
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

14
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

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