Guar Gum Market Outlook, Opportunity and Demand Analysis Report by 2026

An extensively adopted natural thickening agent across a host of application areas in the food and beverages industry, guar gum is expected to remain an important food additive ingredient worldwide. The mushrooming market for plant-based ingredients will continue to fuel sales of guar gum according to a new upcoming research by Fairfield Market Research. Noteworthy proliferation of processed food sector is also expected to drive demand for guar gum worldwide, indicates the report. The study would offer the growth forecast for global guar gum market for the period between 2022 and 2026.

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F&B Applications to Remain Key Contributors

Among the various grades of guar gum, food-grade gum is likely to remain preeminent throughout the period of forecast. This dominance has been attributed to the expanding application base of guar gum in industry. Opportunities abound in the food and beverages industry as companies generate greater demand for guar gum to be used during the manufacturing of sauces, salad dressings, soups, yoghurts, ice creams, and puddings. Mounting consumer inclination for vegetable juices points to another attractive revenue generation stream emerging in the market.

An Expanding Application Base Assures Sizeable Consumption

The preference for guar gum as an emulsifier, stabilising agent, and a polysaccharide source for enhanced cosmetic formulations, and textures has been ascending constantly. The printing industry is also projected to record guar gum consumption for labelling, and packaging applications. Although organic guar gum is set to exhibit remarkable adoption potential over the period of assessment, the conventional variant currently continues to be the bestseller.

The fashion industry has also been a consumer of guar gum for its abilities to bring down potential odds of wrap breakage. The thickening, and superior water absorption attributes of guar gum have also been considered ideal to be leveraged in production of the most widely sought-after fabrics like cotton, polyester, and silk. Accelerating progress of the textile industry is thus expected to stimulate guar gum market as well.

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Asia Pacific Continues to Lead Globally; India Top Producer

Driven by extensive adoption across the key end-use industries, including bakery, construction, paper, textile, and oil and gas, Asia Pacific is expected to reign supreme in global guar gum market. Led by Germany, Europe will also remain among the key consumers of guar gum on account of its flourishing processed food sector. Besides the key cultivators, i.e., India, and Pakistan, guar gum is cultivated in Australia, Brazil, and South Africa. India however remains the top commercial production hub, with a major chunk of its total exports going to applications in the oil and gas industry, and F&B sectors.

Global Guar Gum Market Competition Landscape

Some of the major players that have been profiled in the global guar gum market report, include E.I. Dupont De Nemours and Company, Cargill Inc., Ashland Inc., Dabur India Ltd, Hindustan Gums and Chemical Limited, India Glycols Ltd, TIC Gums, Inc., Altrafine Gums, Global Gums and Chemicals Pvt Ltd., and Lucid Colloids.

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