Guar Gum Market Research Report - Forecast till 2027

Guar Gum Market Research Report: Information by Type (Food Grade, Industrial Grade), Function (Thickening, Gelling, Binding), Application (Food & Beverages, Personal Care, Oil & Gas), Region (North America, Europe, Asia-Pacific, RoW) — Forecast till 2027

ID: MRFR/F-B & N/5605-HCR | February 2021 | Region: Global | 90 pages

Guar Gum Market Synopsis


Guar Gum is a natural galactomannan polysaccharide derived from the beans of guar. Guar Gum Market is growing at a significant pace due to its multifunctional properties. Guar gum is used as a thickening agent, gelling agent, binder, friction reducer, and others. Owing to these properties, guar gum is witnessing an increasing scope of applications in various industries including oil & gas, mining & explosives, pharmaceuticals, food & beverages, and personal care.


Fluctuations in the prices of guar and its derived products is the major factor hampering the growth of guar gum industry across the globe. In addition, the surging demand for guar gum substitute such as xanthan gum, in baked products, is emerging as a crucial challenge for the producers of guar gum. However, the market players active in the global guar gum industry are anticipated to witness lucrative opportunities during the forecast period owing to the increasing consumption of convenience food across the globe.


Segmentation:


Guar Gum Market has been segmented based on type, function, application, and region.


By type, the Global Market has been classified as food grade, industrial grade, and others.


The Global Guar Gum Industry has also been segregated, on the basis of function, into thickening, gelling, binding, and others.


By application, the Global Guar Gum Industry is categorized into food & beverages, pharmaceuticals, personal care, oil & gas, and others. The food & beverages segment is further segregated into bakery & confectionary, dairy & frozen desserts, beverages, convenience food, and others.


Global Market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American guar gum market has further been segmented into the US, Canada, and Mexico. The European Guar Gum Market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The Guar Gum Industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The guar gum industry in the rest of the world has been segmented into South America, the Middle East, and Africa.


Regional Market Summary


Global Guar Gum Market Share (%), by Region, 2017


Source: Secondary Sources and MRFR Analysis


North America is anticipated to dominate the Market for Guar Gum during the forecast period owing to the increasing consumption of canned food products in the region. The growing oil & gas industry is also catalysing the growth of guar gum industry in North America. Europe is also expected to account for a significant market share due to the surging demand for functional foods and natural products. The market in Asia-Pacific is projected to register the highest growth rate during the forecast period due to rising demand for guar gum from the food and feed industry.     


Global Guar Gum Market, by Type:



  • Food Grade

  • Industrial Grade

  • Others


Global Guar Gum Market, by Function:



  • Thickening

  • Gelling

  • Binding

  • Others


Global Guar Gum Market, by Application:



  • Food & Beverages


    • Bakery & Confectionary

    • Dairy & Frozen Desserts

    • Beverages

    • Convenience Food

    • Others


  • Pharmaceuticals

  • Perosnal Care

  • Oil & Gas

  • Others


Global Guar Gum Market, by Region:



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players



  • Hindustan Gums & Chemicals Ltd. (India)

  • DuPont (US)

  • Dabur India Ltd (India)

  • Lucid Colloids Ltd. (India)

  • Supreme Gums Pvt. Ltd. (India)

  • India Glycols Limited (India)

  • Vikas WSP (India)

  • Rama Gum Industries Limited (India)

  • Altrafine Gums (India)

  • Cargill, Incorporated (US)

  • Jai Bharat Gum & Chemicals LTD (India)

  • Global Gums & Chemicals (Pakistan)

  • Ashland (US)

  • Ingredion Inc. (US)

  • Guangrao Liuhe Chemical Co., Ltd. (China)


Intended Audience:



  • Guar gum producers/processors

  • Food & beverage manufacturers

  • Cosmetic & personal care product manufacturers

  • Pharmaceutical & biotechnology companies

  • Oil & gas suppliers

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Guar Gum Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Guar Gum Market, by Type

6.1 Introduction

6.2 Food Grade

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Industrial Grade

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Others

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Guar Gum Market, by Function

7.1 Introduction

7.2 Thickening

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Gelling

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Binding

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Guar Gum Market, by Application

8.1 Introduction

8.2 Food & Beverage

8.2.1 Bakery & Confectionery

8.2.1.1 Market Estimates & Forecast, 2020–2027

8.2.1.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.2 Dairy & Frozen Desserts

8.2.2.1 Market Estimates & Forecast, 2020–2027

8.2.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.3 Beverages

8.2.3.1 Market Estimates & Forecast, 2020–2027

8.2.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.4 Convenience Food

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.5 Others

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Pharmaceuticals

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Personal Care

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Oil & Gas

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Others

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Guar Gum Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Function, 2020–2027

9.2.4 Market Estimates & Forecast, by Application, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Function, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Application, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Function, 2020–2027

9.2.6.4 Market Estimates & Forecast, by Application, 2020–2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.2.7.3 Market Estimates & Forecast, by Function, 2020–2027

9.2.7.4 Market Estimates & Forecast, by Application, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.5.3 Market Estimates & Forecast, by Function, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.6.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.7.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.8.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Application, 2020–2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Function, 2020–2027

9.3.10.4 Market Estimates & Forecast, by Application, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.4 Market Estimates & Forecast, by Application, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.5.4 Market Estimates & Forecast, by Application, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.6.4 Market Estimates & Forecast, by Application, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.7.4 Market Estimates & Forecast, by Application, 2020–2027

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.8.4 Market Estimates & Forecast, by Application, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Function, 2020–2027

9.4.9.4 Market Estimates & Forecast, by Application, 2020–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Function, 2020–2027

9.5.4 Market Estimates & Forecast, by Application, 2020–2027

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.5.3 Market Estimates & Forecast, by Function, 2020–2027

9.5.5.4 Market Estimates & Forecast, by Application, 2020–2027

9.5.6 The Middle East

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Function, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Application, 2020–2027

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Function, 2020–2027

9.5.7.4 Market Estimates & Forecast, by Application, 2020–2027

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

11. Company Profiles

11.1 Hindustan Gums & Chemicals Ltd.

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Cargill, Incorporated

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 DuPont

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Dabur India Ltd

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Lucid Colloids Ltd.

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Supreme Gums Pvt. Ltd.

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Global Gums & Chemicals

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 Ashland

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Guangrao Liuhe Chemical Co., Ltd.

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Ingredion Inc.

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

12. Conclusion

LIST OF TABLES

Table 1 Global Guar Gum Market, by Region, 2020–2027 (USD Million)

Table 2 Global Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 3 Global Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 4 Global Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 5 North America: Guar Gum Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 7 North America: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 8 North America: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 9 US: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 10 US: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 11 US: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 12 Canada: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 13 Canada: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 14 Canada: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 15 Mexico: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 16 Mexico: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 17 Mexico: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 18 Europe: Guar Gum Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 20 Europe: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 21 Europe: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 22 Germany: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 23 Germany: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 24 Germany: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 25 France: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 26 France: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 27 France: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 28 Italy: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 29 Italy: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 30 Italy: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 31 Spain: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 32 Spain: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 33 Spain: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 34 UK: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 35 UK: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 36 UK: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 37 Rest of Europe: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 38 Rest of Europe: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 39 Rest of Europe: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Guar Gum Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 44 China: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 45 China: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 46 China: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 47 India: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 48 India: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 49 India: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 50 Japan: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 51 Japan: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 52 Japan: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 53 Australia and New Zealand: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 54 Australia and New Zealand: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 55 Australia and New Zealand: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 56 Rest of Asia-Pacific: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 57 Rest of Asia-Pacific: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 58 Rest of Asia-Pacific: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 59 Rest of the World (RoW): Guar Gum Market, by Country, 2020–2027 (USD Million)

Table 60 Rest of the World (RoW): Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 61 Rest of the World (RoW): Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 62 Rest of the World (RoW): Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 63 South America: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 64 South America: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 65 South America: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 66 Middle East: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 67 Middle East: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 68 Middle East: Guar Gum Market, by Application, 2020–2027 (USD Million)

Table 69 Africa: Guar Gum Market, by Type, 2020–2027 (USD Million)

Table 70 Africa: Guar Gum Market, by Function, 2020–2027 (USD Million)

Table 71 Africa: Guar Gum Market, by Application, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Guar Gum Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Guar Gum Market

FIGURE 4 Value Chain of Global Guar Gum Market

FIGURE 5 Share of Global Guar Gum Market in 2020, by Country (%)

FIGURE 6 Global Guar Gum Market, by Region, 2020–2027,

FIGURE 7 Global Guar Gum Market Size, by Type, 2020

FIGURE 8 Share of Global Guar Gum Market, by Type, 2020–2027 (%)

FIGURE 9 Global Guar Gum Market Size, by Function, 2020

FIGURE 10 Share of Global Guar Gum Market, by Function, 2020–2027 (%)

FIGURE 11 Global Guar Gum Market Size, by Application, 2020

FIGURE 12 Share of Global Guar Gum Market, by Application, 2020–2027 (%)