Press release
Gaur Gum Market Size, Competitive Landscape and Market Forecast - 2030
Market Overview:Gaur Gum Market is expected to grow at a CAGR of 6.96% during the forecasting period (2023-2030).
Gaur Gum is a galactomannan polysaccharide manufactured from milling and screening of de-husked guar seeds. Guar gum in both modified and unmodified state has evolved as an efficient natural polymer for various applications in broad spectrum of end-user industries including food & beverages, pharmaceuticals, cosmetics, paper, textile, construction and others.
Gaur gum grows effectively in sandy soils, in the areas of west and Northern part of India. It is estimated that approximately 80% of globally produced gaur gum is produced in India and 15% in Pakistan. Major countries importing gaur gum from India are the United States, Germany and China. Growing global demand for organic food & beverages and presence of natural emulsifying and thickening properties are primary factor driving the global gaur gum market during forecast period.
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Market Dynamics:
1. The inherent ability of guar gum to suspend solids, control the viscosity of aqueous solutions, bind water by hydrogen bonding and ability to form tough films has contributed to the rapid growth of the market in various end-use industries.
2. Increasing extraction activities of oil and shale gas resulted in increase in usage of gaur gum in extraction activities, thus contributing to the growth of gaur gum market globally during forecast period.
3. Increasing consumer demand for organic food is expected to boost the demand for guar gum in food and beverage industry. Guar gum is used as a natural emulsifying & thickening agent in food formulations.
View full report: https://www.datamintelligence.com/research-report/gaur-gum-market
Market Segmentation:
• By Grade
o Food Grade*
o Technical Grade
o Others
• By End-Use Industry
o Food & Beverages Industry*
o Pharmaceutical Industry
o Cosmetics Industry
o Paper Industry
o Oil & Gas Industry
o Other Industries
Company Profiles:
1. MG Worldwide Pvt Ltd.*
2. Neelkanth Polymers (K.C India Ltd)
3. Palani Group
4. Somar Corporation
5. Dupont Nutrition & Biosciences
6. India Glycols Limited.
7. Saboo Group of Industries
8. Adarsh Guar Gum Udhyog
9. Premcem Gums Pvt. Ltd.
10. Snp, Inc.
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