The global demand for convenience food is increasing with busy consumer lifestyles. The global demand for convenience food has been influenced by factors such as increased usage of household technologies, longer working hours, and rising consumer incomes.
The major factor driving growth in the market is the increasing application of guar gum due to its multifunctional properties and increased health consciousness among consumers about healthy foods.
The major manufacturers are India Glycols Limited (India), Hindustan Gum & Chemicals Ltd. (India), Vikas WSP Limited (India), Ruchi Soya Industries Ltd (India), Ashland Inc. (US), Lucid Group (India), and Neelkanth Polymers (India).
The major manufacturers that are actively participating and growing in the global guar gum market are India Glycols Limited (India), Hindustan Gum & Chemicals Ltd. (India), Vikas WSP Limited (India), Ruchi Soya Industries Ltd (India), Ashland Inc. (US)etc
The guar gum market is growing due to its multifunctionality in a wide range of applications and increased health consciousness among consumers about healthy foods.
Guar gum is a natural gum derived from the guar seed. It is a high molecular weight polysaccharide consisting of mannose and galactose units. It has the ability to hydrate in cold water to form highly viscous solutions. Due to these reasons, it is used in
Guar Gum Market categories the global market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Paper Manufacturing, Pharmaceuticals & Cosmetics), Grade, and Region
Guar Gum Market categories the global market by Function (Thickening, Gelling, Binding, Friction Reducing), Application (Food & Beverages, Paper Manufacturing, Pharmaceuticals & Cosmetics), Grade, and Region
The global guar gum market is projected to reach USD 1,115.8 Million by 2022
Guar Gum Market is driven by the growing demand from the oil & gas industry, multi-functionality in a wide range of applications, and increased health consciousness among consumers towards healthy foods.