HOME Top Market Reports Guar Gum Market by Grade (Industrial, Food, Pharmacy), Food Grade by Function (Thickener, Stabilizer, Gelling, Fat Replacer, Coating), Application (Bakery, Confectionery, Dairy, Meat & Poultry, Beverage, Sauces) & Region - Global Trends & Forecasts to 2019

Guar Gum Market by Grade (Industrial, Food, Pharmacy), Food Grade by Function (Thickener, Stabilizer, Gelling, Fat Replacer, Coating), Application (Bakery, Confectionery, Dairy, Meat & Poultry, Beverage, Sauces) & Region - Global Trends & Forecasts to 2019

By: marketsandmarkets.com
Publishing Date: January 2015
Report Code: FB 3104

Discount on Reports  

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


Guar gum is a natural hydrocolloid extracted from guar seeds. It has the ability to form a thick solution at low concentration and is soluble in cold water. Due to its varied properties, guar gum is used in various industries, such as oil & gas, food, pharmaceuticals, and cosmetics. It performs various functions, such as thickening, emulsifying, stabilizing, and gelling. In the food industry, guar gum is used as an additive in various products, such as dairy & frozen, bakery, sauces & dressing, confectioneries, and beverages.

The guar gum market is segmented into grades and regions. The different grades of guar gum include industrial grade guar gum, food grade guar gum, and pharmacy grade guar gum. Guar gum grades are manufactured according to their industrial applications. The food grade is further categorized based on its function and application. The market is driven by the growing demand from the oil & gas industry, multi-functionality in a wide range of applications, and increased health consciousness among consumers towards healthy foods.

This report provides a detailed analysis of the global market, which includes market dynamics such as drivers, restraints, opportunities, and challenges faced by key players. The market size includes geographic segmentation of the guar gum market, which includes North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market is further segmented on the basis of the key countries in these regions.

Guar Gum Market Size, by Region, 2014 vs. 2019 ($Million)

Guar Gum Market

Source: Company Website, Company Annual Reports, NCDEX, USDA FAS, and MarketsandMarkets Analysis

The global market is projected to reach a value of more than $9.7 billion by 2019. Key players in this market prefer strategic expansions to increase their global network and enter new geographic locations.

This report provides qualitative analyses of the leading players in the market. It also enumerates the development strategies preferred by the leading market players. The market dynamics in terms of market drivers, restraints, opportunities, and challenges are discussed in detail in the report.

Key players such as Penford Corporation U.S.), TIC Gums, Inc. (U.S.), Lucid Group (India), Ashland Inc. (U.S.), and Vikas WSP Limited (India) have been profiled in the report.

Scope of the Report

This report focuses on the guar gum industry, which is segmented on the basis of grade, function, application, and region.

On the basis of grade, the market has been segmented as follows:

  • Food grade
  • Industrial grade
  • Pharmacy grade
  • Other industrial grade (textile printing, paper, tobacco, and photography)

On the basis of function, the food grade guar gum market has been segmented as follows:

  • Thickener
  • Stabilizer
  • Gelling agent
  • Fat replacer
  • Coating material
  • Others (emulsifier and binding agent)

On the basis of application, the food grade guar gum market has been segmented as follows:

  • Bakery
  • Confectionery
  • Meat & poultry product
  • Sauces & dressing
  • Beverage
  • Dairy & frozen product
  • Others (soups, desserts, pasta, and noodles)

On the basis of region, the market has been segmented as follows:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, U.K., Spain, Italy, Russia, Denmark, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
  • RoW (Brazil, Argentina, South Africa, and Rest of the countries of RoW)

Table of Contents

1 Introduction(Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Base Currency Considered for the Guar Gum Market
    1.5 Packaging Size
    1.6 Stakeholders

2 Research Methodology(Page No. - 21)
    2.1 Research Data
    2.2 Factor Analysis
    2.3 Market Size Estimation
    2.4 Market Breakdown & Data Triangulation
    2.5 Market Share Estimation
           1.3.1 Guar Gum Market, By Grade
           1.3.2 Food Grade Guar Gum Market, By Application
           1.3.3 Food Grade Guar Gum Market, By Function
           1.3.4 Guar Gum Market, By Region
           1.3.5 Periodization Considered for the Guar Gum Market
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
           2.2.1 Introduction
           2.2.2 Overview of Parent Industry
           2.2.3 Demand-Side Analysis
                    2.2.3.1 Oil Industry
                    2.2.3.2 Food Industry
                       2.2.3.2.1 Key Segments in Food Sector
           2.2.4 Supply-Side Analysis
                    2.2.4.1 Climate Conditions
                    2.2.4.2 Regulations
                               2.2.4.2.1 European Union Regulations
                    2.2.4.3 Research & Development
    2.6 Research Assumptions & Limitations
           2.6.1 Assumptions of the Research Study
           2.6.2 Limitations of the Research Study

3 Executive Summary(Page No. - 35)
    3.1 Overview
           3.1.1 Evolution
    3.2 Guar Gum
    3.3 Asia-Pacific is the Fastest-Growing Market for Food Grade Guar Gum
    3.4 Key Players in the Guar Gum Market

4 Premium Insights(Page No. - 40)
    4.1 Attractive Market Opportunities in Guar Gum Market
    4.2 Food Grade Guar Gum Market, By Function
    4.3 Guar Gum Market in Asia-Pacific Region
    4.4 U.S. Commands the Largest Market Share
    4.5 Guar Gum Market: Developed vs. Developing Nations
    4.6 Food Grade Guar Gum Market, By Application, 2013
    4.7 Impact Analysis for Guar Gum Application
    4.8 Life Cycle Analysis, By Region

5 Industry Trends(Page No. - 47)
    5.1 Introduction
    5.2 Value Chain Analysis
    5.3 Supply Chain Analysis
    5.4 Industry Trends
    5.5 Pricing & Cost Analysis
    5.6 Porter’s Five Forces Analysis
           5.6.1 Threat of New Entrants
           5.6.2 Threat of Substitutes
           5.6.3 Bargaining Power of Suppliers
           5.6.4 Bargaining Power of Buyers
           5.6.5 Intensity of Competitive Rivalry
    5.7 Strategic Benchmarking
           5.7.1 Expansion

6 Market Overview(Page No. - 56)
    6.1 Introduction
    6.2 Evolution of Guar Gum
    6.3 Market Segmentation
           6.3.1 Guar Gum Market, By Grade
           6.3.2 Food Grade Guar Gum Market, By Application
           6.3.3 Food Grade Guar Gum Market, By Function
    6.4 Market Dynamics
           6.4.1 Drivers
                    6.4.1.1 Growing Demand for Guar Gum in Oil & Gas Industry
                    6.4.1.2 Increasing Demand for Natural Food Additives
                    6.4.1.3 Multi-Functionality of Guar Gum Due to Its Properties
           6.4.2 Restraints
                    6.4.2.1 Imbalance in Demand & Supply
                    6.4.2.2 Vulnerability to Seasonal Changes Restricts the Raw Material Production
                    6.4.2.3 Lack of Transparency and Market Information
           6.4.3 Opportunities
                    6.4.3.1 Increased Consumption of Convenience Food
                    6.4.3.2 Emerging Markets Have Immense Potential
           6.4.4 Challenges
                    6.4.4.1 Fluctuating Prices of Guar Gum
                               6.4.4.1.1 Dependence on Climate Conditions
                               6.4.4.1.2 Export-Oriented Commodity
                               6.4.4.1.3 Absence of Reliable Market Information
                               6.4.4.1.4 Market Speculations
                    6.4.4.2 Changing Climate Conditions

7 Guar Gum Market, By Grade(Page No. - 68)
    7.1 Introduction
    7.2 Food Grade Guar Gum
    7.3 Industrial Grade Guar Gum
    7.4 Pharmacy Grade Guar Gum
    7.5 Other Industrial Grade Guar Gum

8 Food Grade Guar Gum Market, By Function(Page No. - 80)
    8.1 Introduction
    8.2 Thickener
    8.3 Stabilizer
    8.4 Gelling AGent
    8.5 Fat Replacer
    8.6 Coating Material
    8.7 Other Functions

9 Food Grade Guar Gum Market, By Application(Page No. - 97)
    9.1 Introduction
    9.2 Bakery
    9.3 Confectionery
    9.4 Meat & Poultry Products
    9.5 Sauces & Dressings
    9.6 Beverages
    9.7 Dairy & Frozen Products
    9.8 Other Applications

10 Guar Gum Market, By Region(Page No. - 115)
      10.1 Introduction
      10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
      10.3 Europe
             10.3.1 France
             10.3.2 U.K.
             10.3.3 Germany
             10.3.4 Spain
             10.3.5 Italy
             10.3.6 Denmark
             10.3.7 Russia
             10.3.8 Rest of Europe
      10.4 Asia-Pacific
             10.4.1 India
             10.4.2 China
             10.4.3 Japan
             10.4.4 Australia
             10.4.5 Rest of Asia-Pacific
      10.5 Rest of the World (ROW)
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 South Africa
             10.5.4 Rest of the Countries of ROW

11 Competitive Landscape(Page No. - 150)
      11.1 Overview
      11.2 Market Share Analysis of Guar Gum Market
      11.3 Competitive Situation & Trends for Guar Gum Market
           11.3.1 New Product Launches
           11.3.2 Expansions & Investments
           11.3.3 Agreements
           11.3.4 Acquisitions

12 Company Profiles(Page No. - 156)

(Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*

      12.1 Introduction 
              12.1.1 Geographic Revenue Mix
      12.2 Agro Gums
      12.3 Ashland Inc.
      12.4 Cargill, Incorporated
      12.5 E. I. DU Pont DE Nemours and Company
      12.6 Fuerst Day Lawson
      12.7 Lucid Group
      12.8 Neelkanth Polymers
      12.9 Penford Corporation
      12.1 Polygal AG
      12.11 Rama Industries
      12.12 Tic Gums, Inc.
      12.13 Vikas WSP Limited

*Details On Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured In Case Of  Unlisted Companies.
 

13 Appendix(Page No. - 185)
      13.1 Insights of Industry Experts
      13.2 Discussion Guide
      13.3 Available Customizations
      13.4 Related Reports

List of Tables (126)

Table 1 Maximum Usage Level of Guar Gum in Food Products
Table 2 Production Research for Guar Gum Adopted By Countries
Table 3 Factors Influencing the Supply Chain of this Market
Table 4 Research & Development of Guar Gum is A Leading Trend in the Industry
Table 5 Increasing Health Consciousness Among Consumers is Propelling the Growth of Guar Gum Market
Table 6 Imbalance in Demand & Supply is Restraining the Growth Of this Market
Table 7 Emerging Markets Are Paving New Growth Avenues for Players In the Guar Gum Market
Table 8 Fluctuating Prices of Guar Gum is the Major Challenge In this Market
Table 9 Different Grades of Guar Gum
Table 10 Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 11 Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 12 Food Grade Guar Gum Market Size, By Region, 2012-2019 ($Million)
Table 13 Food Grade Guar Gum Market Size, By Region, 2012-2019 (Tons)
Table 14 Function & Use of Guar Gum in Different Industry
Table 15 Industrial Grade Guar Gum Market Size, By Region, 2012-2019 ($Million)
Table 16 Industrial Grade Guar Gum Market Size, By Region, 2012-2019 (Tons)
Table 17 Function & Use of Guar Gum in the Pharmaceutical Industry
Table 18 Pharmacy Grade Guar Gum Market Size, By Region, 2012-2019 ($Million)
Table 19 Pharmacy Grade Guar Gum Market Size, By Region, 2012-2019 (Tons)
Table 20 Functions & Uses of Guar Gum in Other Industrial Applications
Table 21 Other Industrial Grade Guar Gum Market Size, By Region,2012-2019 ($Million)
Table 22 Other Industrial Grade Guar Gum Market Size, By Region,2012-2019 (Tons)
Table 23 Food Grade Guar Gum Market Size, By Function, 2012-2019 ($Million)
Table 24 Food Grade Guar Gum Market Size, By Function, 2012-2019 (Tons)
Table 25 North America: Food Grade Guar Gum Market Size, By Function,2012-2019 ($Million)
Table 26 North America: Market Size, By Function,2012-2019 (Tons)
Table 27 Europe: Food Grade Guar Gum Market Size, By Function,2012-2019 ($Million)
Table 28 Europe: Market Size, By Function, 2012-2019 (Tons)
Table 29 Asia-Pacific: Food Grade Guar Gum Market Size, By Function,2012-2019 ($Million)
Table 30 Asia-Pacific: Market Size, By Function,2012-2019 (Tons)
Table 31 ROW: Food Grade Guar Gum Market Size, By Function,2012-2019 ($Million)
Table 32 ROW: Market Size, By Function, 2012-2019 (Tons)
Table 33 Food Grade Guar Gum is Used as Thickeners in Various Food Products
Table 34 Food Grade Guar Gum as Thickener Market Size, By Region,2012-2019 ($Million)
Table 35 Food Grade Guar Gum as Thickener Market Size, By Region,2012-2019 (Tons)
Table 36 Food Grade Guar Gum as Stabilizer Market Size, By Region,2012-2019 ($Million)
Table 37 Food Grade Guar Gum as Stabilizer Market Size, By Region,2012-2019 (Tons)
Table 38 Food Grade Guar Gum as Gelling Agent Market Size, By Region,2012-2019 ($Million)
Table 39 Food Grade Guar Gum as Gelling Agent Market Size, By Region,2012-2019 (Tons)
Table 40 Food Grade Guar Gum as Fat Replacer Market Size, By Region,2012-2019 ($Million)
Table 41 Food Grade Guar Gum as Fat Replacer Market Size, By Region,2012-2019 (Tons)
Table 42 Food Grade Guar Gum as Coating Material Market Size, By Region,2012-2019 ($Million)
Table 43 Food Grade Guar Gum as Coating Material Market Size, By Region,2012-2019 (Tons)
Table 44 Other Functions of Food Grade Guar Gum Market Size, By Region,2012-2019 ($Million)
Table 45 Other Functions of Food Grade Guar Gum Market Size, By Region,2012-2019 (Tons)
Table 46 Maximum Usage Level of Guar Gum Permitted in Food Products By USFDA
Table 47 Function of Guar Gum in Different Food Products
Table 48 Food Grade Guar Gum Market Size, By Application, 2012–2019 ($Million)
Table 49 Food Grade Guar Gum Market Size, By Application, 2012–2019 (Tons)
Table 50 North America: Food Grade Guar Gum Market Size, By Application,2012–2019 ($Million)
Table 51 North America: Food Grade Guar Gum Market Size, By Application,2012–2019 (Tons)
Table 52 Europe: Food Grade Guar Gum Market Size, By Application,2012–2019 ($Million)
Table 53 Europe: Market Size, By Application,2012–2019 (Tons)
Table 54 Asia-Pacific: Food Grade Guar Gum Market Size, By Application,2012–2019 ($Million)
Table 55 Asia-Pacific: Market Size, By Application,2012–2019 (Tons)
Table 56 ROW: Food Grade Guar Gum Market Size, By Application,2012–2019 ($Million)
Table 57 ROW: Market Size, By Application, 2012–2019 (Tons)
Table 58 Food Grade Guar Gum in Bakery Market Size, By Region,2012–2019 ($Million)
Table 59 Market Size, By Region, 2012–2019 (Tons)
Table 60 Food Grade Guar Gum in Confectionery Market Size, By Region,2012–2019 ($Million)
Table 61 Market Size, By Region,2012–2019 (Tons)
Table 62 Food Grade Guar Gum in Meat & Poultry Products Market Size, By Region, 2012–2019 ($Million)
Table 63 Food Grade Guar Gum in Meat & Poultry Products Market Size, By Region, 2012–2019 (Tons)
Table 64 Food Grade Guar Gum in Sauces & Dressings Market Size, By Region, 2012–2019 ($Million)
Table 65 Food Grade Guar Gum in Sauces & Dressings Market Size, By Region, 2012–2019 (Tons)
Table 66 Food Grade Guar Gum in Beverage Market Size, By Region,2012–2019 ($Million)
Table 67 Food Grade Guar Gum in Beverage Market Size, By Region,2012–2019 (Tons)
Table 68 Food Grade Guar Gum in Dairy & Frozen Products Market Size, By Region, 2012–2019 ($Million)
Table 69 Food Grade Guar Gum in Dairy & Frozen Products Market Size, By Region, 2012–2019 (Tons)
Table 70 Food Grade Guar Gum in Other Applications Market Size, By Region, 2012–2019 ($Million)
Table 71 Food Grade Guar Gum in Other Applications Market Size, By Region, 2012–2019 (Tons)
Table 72 Guar Gum Market Size, By Region, 2012-2019 ($Million)
Table 73 Guar Gum Market Size, By Region, 2012-2019 (Tons)
Table 74 North America: Guar Gum Market Size, By Country, 2012-2019 ($Million)
Table 75 North America: Guar Gum Market Size, By Country, 2012-2019 (Tons)
Table 76 U.S.: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 77 U.S.: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 78 Canada: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 79 Canada: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 80 Mexico: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 81 Mexico: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 82 Europe: Guar Gum Market Size, By Country, 2012-2019 ($Million)
Table 83 Europe: Guar Gum Market Size, By Country, 2012-2019 (Tons)
Table 84 France: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 85 France: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 86 U.K.: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 87 U.K.: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 88 Germany: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 89 Germany: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 90 Spain: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 91 Spain: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 92 Italy: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 93 Italy: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 94 Denmark: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 95 Denmark: Market Size, By Grade, 2012-2019 (Tons)
Table 96 Russia: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 97 Russia: Market Size, By Grade, 2012-2019 (Tons)
Table 98 Rest of Europe: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 99 Rest of Europe: Market Size, By Grade, 2012-2019 (Tons)
Table 100 Asia-Pacific: Guar Gum Market Size, By Country, 2012-2019 ($Million)
Table 101 Asia-Pacific: Market Size, By Country, 2012-2019 (Tons)
Table 102 India: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 103 India: Market Size, By Grade, 2012-2019 (Tons)
Table 104 China: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 105 China: Market Size, By Grade, 2012-2019 (Tons)
Table 106 Japan: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 107 Japan: Market Size, By Grade, 2012-2019 (Tons)
Table 108 Australia: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 109 Australia: Market Size, By Grade, 2012-2019 (Tons)
Table 110 Rest of Asia-Pacific: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 111 Rest of Asia-Pacific: Market Size, By Grade, 2012-2019 (Tons)
Table 112 Feasible Financing Strategies for Achievement of MDG in Latin America and Caribbean Countries
Table 113 ROW: Guar Gum Market Size, By Country, 2012-2019 ($Million)
Table 114 ROW: Guar Gum Market Size, By Country, 2012-2019 (Tons)
Table 115 Brazil: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 116 Brazil: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 117 Argentina: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 118 Argentina: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 119 South Africa: Guar Gum Market Size, By Grade, 2012-2019 ($Million)
Table 120 South Africa: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 121 Rest of the Countries: Guar Gum Market Size, By Grade,2012-2019 ($Million)
Table 122 Rest of the Countries: Guar Gum Market Size, By Grade, 2012-2019 (Tons)
Table 123 New Product Launches, 2011-2012
Table 124 Expansions & Investments, 2012-2014
Table 125 Agreements, 2011-2014
Table 126 Acquisitions, 2010-2014
 
 
List of Figures (81 Figures)
 
Figure 1 Guar Gum Market Segmentation
Figure 2 Guar Gum Market: Research Methodology
Figure 3 Impact of Key Factors Influencing the Parent Industry
Figure 4 Market Size for Hydraulic Fracturing in Oil & Gas Has Increased From 2007 to 2011
Figure 5 RTE, Snacks & Savory Products Segments Held ~35% in the Food Sector in 2013
Figure 6 Production of Guar is Directly Proportional to Rainfall
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Assumption of the Research Study
Figure 10 Limitations of the Research Study
Figure 11 Evolution of Guar Gum
Figure 12 Guar Gum Market Snapshot (2014 vs. 2019): Industrial Grade is Estimated to Be the Largest Market
Figure 13 Guar Gum Market Share (Value), Geographical Overview
Figure 14 Asia-Pacific to Be the Fastest-Growing Market for Food Grade Guar Gum
Figure 15 Share of the Leading Companies in this Market
Figure 16 Emerging Economies Are Paving New Opportunities for Guar Gum Market
Figure 17 Food Grade Guar Gum as A Fat Replacer to Grow at the Highest Rate
Figure 18 Industrial Grade Guar Gum Captured the Major Share in the Asia-Pacific Market
Figure 19 U.S. Commands Over One-Third of the Market
Figure 20 Developing Markets to Grow Faster Than Developed Markets
Figure 21 Dairy & Frozen Products Dominate All Other Applications of Food Grade Guar Gum
Figure 22 Industrial Grade Guar Gum Imposes Long-Term Impact on Guar Gum Market
Figure 23 Asia-Pacific Market is in Exponential Growth Phase (2013)
Figure 24 Value Chain of Guar Gum Market
Figure 25 Supply Chain of Guar Gum Market
Figure 26 Drastic Change in Prices of Guar Gum Was Witnessed in India, 2012
Figure 27 Porter’s Five Forces Analysis
Figure 28 Strategic Benchmarking: Key Market Players Largely Adopted Expansion & Investment to Expand Their Business
Figure 29 Evolution of Guar Gum
Figure 30 Guar Gum Market, By Grade
Figure 31 Food Grade Guar Gum Market, By Application
Figure 32 Food Grade Guar Gum Market, By Function
Figure 33 Multi-Functionality of Guar Gum Drives this Market
Figure 34 Changing Consumption Trend of Guar Gum
Figure 35 Fluctuation in Total Production of Guar, 2008–2012
Figure 36 Production of Guar is Directly Proportional to Rainfall, 2008–2011
Figure 37 Industrial Grade Segment Dominates the Guar Gum Market
Figure 38 Increase in Demand for Natural Food Additive Drives the Market for Food Grade Guar Gum
Figure 39 North America is the Largest Market for Industrial Grade Guar Gum
Figure 40 Fat Replacer is the Fastest-Growing Function of Food Grade Guar Gum
Figure 41 Food Grade Guar Gum as Thickener Dominated the Market in North America
Figure 42 Thickener is the Major Function of Food Grade Guar Gum
Figure 43 Gelling is the Second-Largest Function of Food Grade Guar Gum
Figure 44 North America Dominated the Market for Food Grade Guar Gum as Fat Replacer
Figure 45 Application of Guar Gum in Confectionery is the Fastest-Growing Market
Figure 46 Asia-Pacific is the Fastest-Growing Market for Food Grade Guar Gum in Bakery
Figure 47 Asia-Pacific is Projected to Have High Growth Rate for Food Grade Guar Gum in the Confectionery Market
Figure 48 North America Dominated the Market for Food Grade Guar Gum in Dairy & Frozen Products
Figure 49 Geographic Snapshot (2014-2019) – Rapid Growth Markets Are Emerging as New Hot Spots
Figure 50 China – an Attractive Destination for All Grades of Guar Gum
Figure 51 North American Market Snapshot: Demand Will Be Driven By Increasing Consumption of Processed Foods
Figure 52 Export of Guar Gum From India to the U.S. (2009 to 2013)
Figure 53 U.K. is A Major Market for Top-Three Grades of Guar Gum
Figure 54 India is the Largest Producer of Guar Gum Globally (2013)
Figure 55 Asia-Pacific Guar Gum Market Snapshot – China is the Most Lucrative Market
Figure 56 Industrial Grade Guar Gum Dominated the Chinese Guar Gum Market
Figure 57 Australia Imports Guar Gum Largely From India (2013)
Figure 58 Brazil Dominated the ROW Guar Gum Market
Figure 59 Crude Oil Reserves in the Middle East (2013)
Figure 60 Companies Adopted Expansion as the Key Growth Strategy
Figure 61 Guar Gum Market Share, By Key Player, 2013
Figure 62 Expansion & Investment Have Fueled Growth Between 2010 to 2014
Figure 63 Battle for Market Share: Expansion & Investment Was the Key Strategy
Figure 64 Geographic Revenue Mix of Key Market Players
Figure 65 Agro Gums: Business Overview
Figure 66 Ashland Inc.: Business Overview
Figure 67 Ashland Inc.: SWOT Analysis
Figure 68 Cargill, Inc.: Business Overview
Figure 69 Cargill, Inc.:  SWOT Analysis
Figure 70 Dupont: Business Overview
Figure 71 Dupont:  SWOT Analysis
Figure 72 Fuerst Day Lawson: Business Overview
Figure 73 Lucid Group: Business Overview
Figure 74 Lucid Group:  SWOT Analysis
Figure 75 Neelkanth Polymers: Business Overview
Figure 76 Penford Corporation: Business Overview
Figure 77 Penford Corporation:  SWOT Analysis
Figure 78 Polygal AG: Business Overview
Figure 79 Rama Industries: Business Overview
Figure 80 Tic Gums, Inc.: Business Overview
Figure 81  WSP Limited: Business Overview

Guar gum is used as an ingredient in various industries, such as food, oil & gas, and pharmaceutical. Guar gum performs various functions, such as thickening, gelling, coating, and stabilizing in food products. This market is growing significantly, driven by increasing demand from the oil & gas industry and growing demand for natural food additives. The market restraints include fluctuation of raw material prices and imbalance in supply & demand.

The market has been segmented on the basis of grades and regions. The food grade guar gum market is further segmented into functions and applications. The different grades of guar gum are industrial grade, food grade, and pharmacy grade. On the basis of functions, food grade guar gum has been segmented into thickener, gelling agent, stabilizer, fat replacer, and coating material. The market is further segmented on the basis of applications that include bakery products, confectionery, meat & poultry products, sauces & dressings, beverages, and dairy & frozen products. Dairy & frozen products have the largest food grade guar gum applications.

Guar Gum Market Size, by Region, 2014 vs. 2019 ($Million)

Guar Gum Market

E - Estimated; P - Projected
Source: Company Website & Publications, NCDEX, Investor Presentations, and MarketsandMarkets Analysis

The market for guar gum is projected to be valued more than $9.7 billion by 2019. The Asia-Pacific region is projected to grow at the highest CAGR during the review period.

The guar gum market is fragmented and competitive, with leading companies driving the growth by opting for strategies, such as expansions and new product launches. The report further provides qualitative analysis of the prominent market players and their preferred development strategies. Key players such as Penford Corporation (U.S.), TIC Gums, Inc. (U.S.), Lucid Group (India), Vikas WSP Limited (India), and Ashland Inc. (U.S.) have been profiled in the report.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Food and Beverage Markets on KnowledgeStore
Request Demo