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Guar Gum Market By Top Players - E.I. Dupont De Nemours and Company, Shree Ram Industries, Cargill, Rama Gum Industries, Ruchi Soya Industries Limited, and Supreme Gums Private Limited, ltrafine Gums

02-04-2019 03:20 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Verified Market Research

Guar Gum Market By Top Players - E.I. Dupont De Nemours

According to Verified Market Intelligence, the global guar gum market was valued at USD 659.55 million in 2016 and is projected to reach USD 1,285.85 million by 2025, growing at a CAGR of 7.7% from 2017 to 2025.

Guar Gum is obtained from Guar Seed. It has a characteristic property of rapidly hydrating in cold water in order to attain uniformity and high viscosity at relatively low concentrations. Colloidal nature of Guar Gum gives it a stabilizing and thickening property. It has a wide range of application in various industries such as food, beverages, cosmetics, paper, pharmaceuticals, textile, construction, mining etc. Guar Gum is used in treating constipation, diarrhea, diabetes, irritable bowel syndrome (IBS), the liver disorder in pregnancy and many more. Also, it used as a thickening, stabilizing, suspending, and binding agent in foods and beverage industry.

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Rising demand for processed foods, growing awareness about the benefits of guar gum in various industries and increasing demand from the Asia Pacific region have been driving the global guar gum market. While lack of R&D and manufacturing facilities and Fluctuating prices of raw material might hinder the overall growth of the market at a global level.

The “Global Guar Gum Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as E.I. Dupont De Nemours and Company, Shree Ram Industries, Cargill, Rama Gum Industries, Ruchi Soya Industries Limited, and Supreme Gums Private Limited, ltrafine Gums, Guangrao Liuhe Chemical Co., Ltd., Global Gums and Chemicals Pvt Ltd. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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