Global Guar Gum Market Report and Forecast 20...
150 pages Oct 2024
Global Guar Gum Market Report and Forecast 2024-2032
By Function (Thickening, Gelling, Binding, Friction Reducing), By Application (Food & Beverages, Oil & Gas, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics), By Grade (Food, Industrial, Pharmateutical), By Region (North America, South America, Middle East & Africa, Asia-Paicfic)By Grade (Food, Industrial, Pharmateutical), By Region (North America, South America, Middle East & Africa, Asia-Paicfic)
- Chemicals and Materials
- Pages : 150
- Oct 2024
-
Report Format :
Guar Gum Market Insights & Analysis
The Global Guar Gum Market was valued at USD 1.21 Billion in 2024 and is further anticipated to register a CAGR of around 4.8% during the forecast period, i.e., 2024-32. The rising demand for convenience food due to busy lifestyles & the shift in eating patterns of the consumers is elevating the market expansion. Gaur gum is also known as goma gaur, guaran gum, and cluster bean gum. Gaur gum is widely used in laxatives, diabetics, medications, beverages, emulsions, breads, cakes, laxatives, and pet & frozen foods. It acts as an essential agent to bind elements that are found in a wide range of baked goods, candies, snacks, and meat products.
Besides, because of its soothing, thickening, and emulsifying qualities, guar gum is used in personal & cosmetics hygiene products to improve the effectiveness & texture of creams, shampoos, toothpaste, and lotions. However, guar gum conserves the gelling qualities of sweets & jam-type food products & serves as a fat substitute in low-fat formulas. The global population growth, urbanization, and shifting dietary habits are pushing up the need for processed food items. Gaur gum is a valuable ingredient in several processed foods, like dressings, baked goods, dairy products, and sauces. This gelling agent assists in improving the texture, growing viscosity, and reducing ingredient separation in food compositions.
Global Guar Gum Market FY32

- Study Period: 2020- 2032
- Base Year: 2024
- CAGR(2024-2032): 4.8%
- Market Value 2024: USD 1.21 Billion
- Fastest Growing Market: North America
- Major Players: India Glycols., Ltd., Vikas WSP, Rama Gum Industries, Dabur India Ltd., Ingredion Inc., Hindustan Gum and Chemicals Ltd., TIC Gums, Inc., and Others
Furthermore, in the food processing industries, guar gum is in great demand due to the mounting need for processed & convenience foods. Additionally, the requirement for guar gum, a crucial component of fracking fluids, has amplified due to the thriving demand for oil & gas globally, especially in unconventional resources like shale formations.
Guar gum helps keep hydraulic fracturing fluids viscous, which makes it easier to recover oil & gas from underground reservoirs. The necessity for guar gum in the oil & gas industry is predicted to rise in correlation with the development of exploration & production operations in these resource sectors, elevating the Global Guar Gum Market growth. Also, this gelling agent is utilized in numerous industrial fields, such as explosives, mining, paper manufacturing, and textiles. The budding popularity of the industrial sectors, driven by elements including urbanization, infrastructural development, and industrialization adds to the increasing requirement for guar gum in industrial applications.
Moreover, the oil & gas and shale gas industries are among those that favor the usage of guar gum owing to its multipurpose qualities. India manufactures the majority of the world’s supply of guar gum, which is generally used in South Asia. The growing requirement for processed & frozen foods in North America & China’s expanding oil & gas sector is probably going to be the primary forces behind the elevation of the Guar Gum Market share.
Further, due to its several applications in a variety of industries, such as mining, food processing, paper, oil & gas, and others, guar gum has become the most crucial product of the guar crop. It is one of the least expensive & most biodegradable components with strong resistance to mechanical & thermal deterioration. Similarly, guar gum is becoming more & more popular in the food & pharmaceutical sectors, and this trend is foreseen to accelerate in the forthcoming years.
- Introduction
- Objective of the study
- Product Definition
- Market Segmentation
- Study Variables
- Research Methodology
- Secondary Data Points
- Companies Interviewed
- Primary Data Points
- Break Down of Primary Interviews
- Secondary Data Points
- Executive Summary
- Market Dynamics
- Drivers
- Challenges
- Opportunity Assessment
- Recent Trends and Developments
- Global Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (in Thousand Tons)
- Market Share, By Function
- Thickening
- Gelling
- Binding
- Friction Reducing
- Other Functions
- Market Share, By Grade
- Food Grade
- Industial Grade
- Pharmateutical Grade
- Market Share, By Application
- Oil & Gas
- Food & Beverages
- Mining & Explosives
- Paper Manufacturing
- Pharmaceuticals & Cosmetics
- Others
- Market Share, By Food & Beverage Application
- Bakery & Confectionery Products
- Dairy & Frozen Products
- Beverages
- Sauces & Dressings
- Others
- Market Share, By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- Market Share, By Company
- Competition Characteristics
- Revenue Shares & Analysis
- North America Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Market Share, By Country
- US
- Canada
- Mexico
- US Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Canada Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Mexico Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- South America Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Market Share, By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Argentina Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Europe Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Market Share, By Country
- Germany
- Italy
- France
- UK
- Rest of Europe
- Germany Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Italy Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- France Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- UK Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Middle East & Africa Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Market Share, By Country
- Saudi Arabia
- UAE
- Turkey
- South Africa
- Rest of Middle East & Africa
- Saudi Arabia Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- UAE Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Turkey Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- South Africa Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Asia Pacific Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Market Share, By Country
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- China Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- India Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Japan Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Singapore Guar Gum Market Overview (2020-2032)
- Market Size, By Value (in USD Millions)
- Market Size, By Volume (Thousand Tons)
- Market Share, By Function
- Market Share, By Application
- Market Share, By Food & Beverage Application
- Competitive Outlook (Company Profiles – Partial List)
- India Glycols., Ltd.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Vikas WSP
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Rama Gum Industries
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Dabur India Ltd.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Ingredion Inc.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Hindustan Gum and Chemicals Ltd.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- TIC Gums, Inc.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Nutriroma
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Shreee India Sino Gums Pvt Ltd.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Supreme Gums Pvt. Ltd.
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Swastik Gum Industrie
- Company Overview
- Business Segments
- Strategic Alliance/Partnerships
- Recent Developments
- Others
- India Glycols., Ltd.
- Contact Us & Disclaimer