Guar Gum Market projected to achieve a CAGR of 6.88% to reach US$1.914 billion by 2030

The global guar gum market is anticipated to grow at a CAGR of 6.88% from US$1.373 billion in 2025 to US$1.914 billion by 2030.

NEW YORK, NY, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- According to a new study published by Knowledge Sourcing Intelligence, the global guar gum market is projected to grow at a CAGR of 6.88% between 2025 and 2030 to reach US$1.914 billion by 2030.

Guar gum is a galactomannan polysaccharide derived from guar beans. It is also known as guaran. It is a sort of additive that may be used as a binder, thickener, or stabilizer in a variety of industries.

According to the industry vertical, the food and beverage sector is expected to increase significantly, owing to the increasing use of guar gum in processed foods and drinks. The ever-increasing disposable income and increase in people's living conditions, together with the changing hectic lives, have further fuelled the need for convenience food globally, therefore boosting the segment's development.

Furthermore, rising consumer preferences for organic food and drinks have offered several chances for market participants, as it is derived from seeds and considered a natural food additive. Thus, a large growth in demand for organic food in both established and emerging nations would drive up demand for guar gum for use in the food and beverage sector throughout the projected period.

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Based on grade, the global guar gum market is divided into food, pharmaceutical, and industrial. Food grade is applied in such products as baked goods and sauces, whereas pharmaceutical grade is applied in drugs. Industrial grade is applied in textiles, paper manufacturing, and oil and gas drilling.

By industry vertical, the global guar gum market is segmented into oil and gas, food and beverage, pharmaceutical, cosmetics, mining, and others. The oil and gas sector makes extensive use of guar gum in drilling activities, while the food and beverages industry applies it as a stabilizer and thickener. Guar gum serves as a binder and disintegrant in pharmaceuticals, and the cosmetics sector applies it due to its stabilizing and thickening capabilities. The mining activities also make use of guar gum, and the "others" category includes a variety of uses, such as textiles, paper production, and other chemical processes.

Based on function, the market is bifurcated into thickening agents, stabilizing agents, binders, diction reducers, and others. As a thickener, it increases the viscosity of foods, cosmetics, and industrial fluids. It stops separation in blends due to its stabilizing action, and its binding action keeps ingredients attached. In addition, guar gum also serves as a friction reducer in uses such as hydraulic fracturing, and the "others" category includes additional activities such as its use as a suspending agent or in film formation.

Geographically, the North American region is projected to hold a noteworthy market share throughout the forecast period. The presence of a booming oil and gas industry and the presence of vast cosmetics and pharmaceutical manufacturing companies in the region further supplement its significant share of the global guar gum market during the next five years.

As a part of the report, the major players operating in the global guar gum market that have been covered are Cargill, Incorporated, Ingredion, Agro Gums, DABUR INDIA LIMITED, Rama Gum Industries (India) Ltd, Lucid Colloids Ltd and Ashland among others.

The market analytics report segments the global guar gum market on the following basis:

• By Grade

o Food
o Pharmaceutical
o Industrial

• By Industry Vertical

o Oil and Gas
o Food and Beverage
o Pharmaceutical
o Cosmetics
o Mining
o Others

• By Function

o Thickening Agent
o Stabilizing Agent
o Binder
o Fiction reducer
o Others

• By Geography

• North America

o USA
o Canada
o Mexico

• South America

o Brazil
o Argentina
o Others

• Europe

o United Kingdom
o Germany
o France
o Italy
o Spain
o Others

• Middle East and Africa

o Saudi Arabia
o UAE
o Israel
o Others

• Asia Pacific

o China
o India
o Japan
o South Korea
o Taiwan
o Thailand
o Indonesia
o Others

• Companies Profiled

o Cargill, Incorporated
o VIKAS WSP LTD
o Ingredion.
o Shree Ram Industries
o Ashland
o Agro Gums
o DABUR INDIA LIMITED
o Rama Gum Industries (India) Ltd
o Lucid Colloids Ltd
o Nutriroma
o Amba Gums & Feeds Products
o AEP Colloids

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