Press release
Cassia Gum Market expected to reach US$ 18.9 Mn by 2025
Cassia Gum Market
The global cassia gum market is valued at US$ 10.1 Mn in 2015. Companies are increasingly introducing Cassia in their new products, particularly in baby food, dairy and confectionery products such as chocolates, jellies, biscuits. Effective guidelines & standards are crucial across the cassia gum supply chain both for suppliers as well as international buyers. In countries such as India and China; which are the major producer and supplier of cassia gum, there is a near total absence of cassia gum specific rules and standards addressing both production and processing phase.
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The global cassia gum market is anticipated to expand at a moderate CAGR during the forecast period. Till now cassia gum was preferred to be used as an alternative to gaur gum because of limited awareness and limited research and development activities. However with regulations approvals in various regions around the world and innovations in cassia gum formulations in dairy & confectionery products and pet food, cassia gum is expected to experience an upward trend during the forecast period.
The report provides detailed information about various trends driving each segment and offers insights and analysis about market trends in specific regions. The report also includes key market regulations regarding the application of cassia gum in aforementioned food & beverage and manufacturing industry applications. On the basis of region, the market is segmented into seven regions. North America is expected to dominate the market with 29.1% share by the end of 2015. APEJ and Western Europe markets are collectively estimated to account for 34.8% of the total cassia gum market value.
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Competitive Landscape
Key players in the global cassia gum market include Agro Gums, Amba Gums & Feed Products, Avlast Hydrocolloids, Altrafine Gums, Premchem Gums Pvt. Ltd., Dwarkesh Industries, H.B. Gum Industries Private Limited, Fooding Group Limited, J D Gums and Chemicals.
Key Segment
By Application
Food and Beverages
Animal Food
Dog Food
Cat Food
Animal Feed
Dairy and Confectionary Products
Meat Products
Instant Mix
Manufacturing Segment
Cosmetics
Pharmaceuticals
Paper Industry
Textile Industry
Chemical Processing
Others
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Table of Content
1. Research Methodology
2. Assumptions and Acronyms Used
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Market Definition
4.1.2. Industry Lifecycle
4.1.3. Regulations – Global Overview
4.1.4. Cassia Gum Permissible Limits – By Application
4.1.5. Market Taxonomy
4.2. Macro-economic Indicators
4.2.1. Global Dairy Ingredients Market
4.2.2. Global Confectionary Market
4.2.3. Global Pet Food Market
4.3. Cassia Gum – Different Identification Numbers
4.4. Cassia Gum – Value Chain
4.5. Cassia Gum – Global Demand Supply Scenario
4.6. Market Dynamics
4.6.1. Drivers
4.6.2. Restraints
4.7. Cassia Gum – Global Pricing Analysis
4.8. Global Cassia Gum Market Forecast
4.8.1. Market Size (Thousand US$) Forecast
4.8.2. Market Volume (Tonnes) Forecast
4.8.3. Absolute $ Opportunity
5. Global Cassia Gum Market By Application
6. Global Cassia Gum Market Analysis By Region
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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