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Guar Gum Market Share

Report ID: GMI2073
Published Date: May 2023
Report Format: PDF

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Guar Gum Market Share

Major companies in the guar gum market include:

Hindustan Gum & Chemicals Ltd
Cargill Inc
Dabur
Ingredion Incorporated
Jai Bharat Gum & Chemicals Ltd
Vikas WSP Ltd
Lucid Group
India Glycols Ltd
Nutriroma
Supreme Gums Pvt. Ltd, and AEP Colloids Inc.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of guar gum was surpassed USD 1.3 billion in 2023 and is estimated to register over 7.5% CAGR between 2024 and 2032, due to a significant rise in demand for frozen and convenience food worldwide.

The food-grade segment is poised to grow at 6.5% CAGR through 2032, owing to the growing usage of food-grade guar gum as a thickening agent in several food products and its positive impacts on human health.

The food & beverages segment reached over USD 600 billion in 2022, attributed to the increasing popularity of organic and plant-based food products.

Notable players in the guar gum industry include Hindustan Gum & Chemicals Ltd, Cargill Inc., Dabur, Ingredion Incorporated, Jai Bharat Gum & Chemicals Ltd., Vikas WSP Ltd, Lucid Group, India Glycols Ltd., Nutriroma, Supreme Gums Pvt. Ltd, and AEP Colloids Inc.