Global Guar Gum Market: Analysis and Forecast 2022-2027
Global Guar Gum Market: Analysis and Forecast 2022-2027
Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices by a Guar Gum Market
The Guar Gum produced a volume of 877996.28 tonnes in 2021. In the projection period of 2022-2027, the industry is expected to grow at a CAGR of around 1.8 percent, manufacturing a volume of around 959912.33 billion by 2027.
The Guar Gum Market broadly studies the industry, together with important segments, movements, drivers, constraints, the competitive landscape, and other critical market features. The component’s extensive use in sectors such as oil, petroleum, and pharmaceuticals is dominating the economy. Its usage in the food and pharmaceutical industries has supported the business expansion. The Asia Pacific is the biggest category spender by region which is impelling the demand for the guar gum industry.
Guar Gum: Market Definition and Segmentation
Guar gum, also known as guaran, is a hardening and anchoring ingredient extracted from guar bean and is used in foods, fodder, and manufacturing processes. It is a polymer, which is a long series of bonded carbohydrates comprised of two sugars: mannose and galactose. Guar gum is a popular food element that can be associated with a range of refined carbohydrates. It is indeed valuable in the food market since it’s simultaneously liquid and absorbing, producing a hydrogel that hardens and combines materials.
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The guar gum Market comprises segments:
- By application – Fast Hydrated Gum, Industrial Grade, Food Grade
- By region – North America, Europe, Asia Pacific, the Middle East, Africa, and South America
Snapshot of the Report
The regional markets for the industry can be divided into North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
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The industry is being propelled by the product’s diverse qualities. The natural gum characteristic of guar has various uses in the culinary, medicinal, and oil sectors, according to recent advances. Sales are being driven by paper manufacturing, mining, textiles, and a few other important industries of application for the compound.
In the oil and gas industry, the use of a gelling agent is part of the hydraulic fracturing process. Because of its multifunctionality in terms of fluid and water loss control, lubrication, and cooling of drill bits, as well as a shale inhibitor, it is commonly used in the oil drilling industry to increase oil and gas production rates.
It’s utilised as a thickener, sizing agent, wet-end strength additive, water-barrier, gelling agent, wastewater flocculating agent, emulsifier, and binding agent, as well as a wastewater flocculating agent, emulsifier, and binding agent. It’s utilised in oilfields to keep mud viscosity constant and eliminate drill waste throughout the fracturing and stimulation of oil wells, as well as during the mud drilling process.
It is used as a binder in toothpaste because of its translucent gel composition and water-soluble properties. It’s also utilised to boost a product’s rheology, stability, and attractiveness. To manufacture reconstituted tobacco sheets, it can be used as a binder for fragmented tobacco fines. The industry is expected to grow because of the following factors.
Category Insight by Region
India is a major guar producer, and the Asia-Pacific region dominates global guar output. China and Germany are the other prominent importers of guar gum from India. Guar gum is also imported in large quantities by Italy, South Africa, Russia, Australia, the Netherlands, Japan, Brazil, Belgium, and Canada.
Guar gum is now sold in over 90 countries. Even though Asia produces the majority of guar and its derivatives, countries such as India and Pakistan lack extensive guar R&D facilities.
The packaged food business is the primary driver of the industry. Its ability to minimise the amount of glucose and cholesterol absorbed in the intestines and stomach is gaining appeal. Factors such as busy consumer lifestyles, rising disposable incomes, and so on are moving the business forward through increasing demand for prepared foods.
Nutrition emulsifiers, food additives, nutrition thickeners, and other guar gum-based products are all made with guar gum. It’s a necessary ingredient in convenience foods like soups, cakes, pastries, bread, gravies, and snacks. In addition, the rising popularity of low-calorie, low-fat meals manufactured with guar gum has aided in the reduction of fat content in foods, propelling the business forward.
Best Procurement Practices
The global guar gum Market by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of guar gum products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Category Management Studies
The gum is separated from seeds commercially, primarily through a mechanical process including roasting, disparity attrition, filtering, and polishing. When the seeds are smashed, the germ is extracted from the endosperm. Unhusked guar split is the result of two parts of endosperm produced by each seed.
The fine layer of fibrous material that makes up the husk is removed and separated from the endosperm halves by polishing, resulting in refined guar splits. Guar Meal is a by-product of the manufacturing of guar gum powder that is used as cow feed. It is made up of the hull (husk) and germ of the guar seed. The refined guar splits are next processed and polished into powders (known as guar gum) using a variety of routes and processing techniques, depending on the desired product.
In a flacker mill, the pre-hydrated guar splits are smashed before being evenly dispersed to an ultra-fine grinder, which grinds the breaks without using excessive heat. The ground material is dried before being sorted according to particle size using screens. When choosing a grade, consider colour, mesh size, viscosity potential, and hydration rate.
Before hydration and flaking, extrusion is frequently utilised in industrial guar gum processing. Following these steps, grinding, and drying are completed, and extrusion is added to produce guar gum powder with a greater hydration rate.
Key Supplier Profiles included in the Guar Gum Market
The key market players are Hindustan Gum & Chemicals Ltd., Vikas WSP Limited, Vasundhara Gums and Chemicals, Sunita Hydrocolloids Pvt. Ltd., and Lotus Gums & Chemicals.
The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.
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