Guar Gum Market Analysis

Guar Gum Market Analysis

Food grade guar gum market size is anticipated to expand at 6.5% CAGR during 2023 to 2032. Guar gum, a gel-forming thickening fiber, is extensively used as a thickening agent in a variety of food items. The consumption of food-grade guar gum has numerous health benefits, such as it helps absorb excess liquid in those experiencing diarrhea, normalizes moisture content in the stool, and prevents constipation.
 

The guar gum market size from the food & beverages segment dominated with around USD 600 million revenue in 2022. There has been an increased cognizance of the benefits of consuming organic food products, mainly due to growing health awareness and shifting dietary preferences. This has promoted the usage of guar gum across the food & beverages industry, accelerating business growth. Moreover, guar gum is resistant to breakdown under low pH conditions and is soluble in cold water, making it ideal for usage in beverage processing plants, further stimulating the market size.
 

Europe guar gum market accounted for USD 300 million revenue in 2022. Changing lifestyle patterns and dietary preferences of the European population have created favorable growth prospects for guar gum manufacturers in the region. Industry sources claim that the demand for gums is rising due to the rising popularity of gluten-free foods. Additionally, a commendable surge in the sales of processed foods and beverages is also a key factor driving the demand for guar gum across Europe.