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Locust Bean Gum Market Growth to be Affected by Consolidation of Leading Vendors

01-25-2018 03:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Locust Bean Gum Market Growth to be Affected by Consolidation

Locust bean Gum also called as Caron bean gum or carob gum is a hydrocolloid agent which is used as a thickening, fat replicators, stabilizations, gelling, coating, textures and sizing agents in various industries. Locust bean gum belongs to the group of galactomannans which is extracted from the seeds of the leguminous tree known as Carob tree (Ceratonia Siliqua) which is evergreen. Carob plant is also known as St. John Bread. It is very effective in reducing in agar gels & kappa carrageenan. Carob tree is generally cultivated in the Mediterranean area and in California also. Locust Bean Gum is obtained through a series of some processes, firstly the seeds are crushed after that filtering of the crushed seeds & than the endosperm present in the seeds is removed separately through the grinding process.

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The seeds are dark in color & chocolate covered pads that are about 10-20 cm long. After factory receives the beans, the beans are dried, then separated from the shells and ground to a fine powder (Locust bean gum powder). The taste of the powder is sweet and is similar to chocolate, it is used as a substitute for chocolate. Level of usage in production of the product is 0.5- 1%. It improves gel strength and mainly used for thickening agent as it help in creating high viscosity. Locust bean gum demand has been increasing from the end user industries including food & beverages, textile, pharmaceuticals, paper, oil drilling fluids and cosmetics.

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ocust Bean Gum: Drivers

Locust Bean Gum significantly growing over the past few years and has been replaced Guar gum application in food & Beverages, which is expected to be the key driving factor for the future market increasing growth. LBG application is increasing in oil, drilling fluids, pharmaceuticals & cosmetics demand shows a positive impact growth in the upcoming forecast period. However the low price of the locust bean gum earns very less profit Worldwide.

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Locust Bean Gum: Key Players

Some of the key participating players of Locust Bean Gum are EI Dupon De Nemours & Company, Cargill, LBG Silica Ingredients, Fiberstar Inc., FMC Specialty Chemicals, Gum Technology Corporation, CP Kelco, Kerry Group, TIC Gums Incorporation, G Araouzos & Son, Ceamsa, Scalzo food Industries.

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