Guar gum also known as gellan gum is a natural polymer extracted from the guar seed. It is a powdered product used to stabilize, emulsify, and thicken the texture of certain foods and industrial products. Guar gum has property to attain high viscosity in low concentrations due to non-toxic in nature, low calories, and high fibers. Due to these properties this is used as an additive in foods and beverages such as bottled coconut and almond milk, yogurts, soups, and fiber supplements.

There are numerous other application of guar gum, which include body lotions and DIY beauty recipes. The food industry accounts for 70% revenue share in guar gum market. Also, its colloidal nature and emulsifying property make it ideal thickening agent. However, fluctuating oil price, oversupply and gradual emergence of superior alternatives are some of the factors restraining growth of market in this region.

Top Key Players in Guar Gum  market: Penford, Corp., TIC, Gums, Inc., Lucid, Group, Vikas, WSP, Limited, and, Ashland, Inc.

Regional Analysis For Guar Gum  Market:

Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Guar Gum market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.

Food industry is major end user of guar gum, owing to its properties such as stabilizer, thickener, and emulsifier. It is used as a stabilizer in the food industry for stabilizing ice-creams, instant puddings, cheeses, and whipped cream substitutes, and as a meat binder. It is also suitable for use in painting, printing, fire control, dyeing, and textiles. Thus making the food & beverages and oil & gas industries largest end-user industries of guar gum. These factors are expected to drive growth of market. However, health risk associated with addition of guar gum in processed foods such as digestion issues and gut reactions are restraining growth of the market.

Key Developments:

• In March 2019, VIKAS WSP Ltd, a leading manufacturer guar gum powder, had received approval for export of their DP guar gum products for utilization in fertilizer stabilizing applications.
• In December 2016, Ingredion Incorporated, a global leader in providing ingredient solutions, had acquired all the outstanding shares of TIC Gums Incorporated. TIC Gums is a U.S.-based company providing advanced texture systems for the F&B industry. TIC Gums had the right to use variety of agriculturally derived ingredients, such as guar gum, and acacia. These natural ingredients forms the foundation for innovative solutions while allowing clean-label reformulation.

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