Market Overview:
The global food gums market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for convenience foods and functional foods, and rising awareness about the benefits of food gums among consumers. In terms of type, guar gum is expected to lead the market during the forecast period, owing to its properties such as thickening, stabilizing, and emulsifying agents. In terms of application, food segment is projected to account for majority share in global food gums market during 2018-2030.
Product Definition:
A food gum is a natural or synthetic polymer that is added to foods to improve their quality, stability, and appearance. Food gums are important for several reasons. They help foods maintain their shape and consistency, which is important for products like ice cream and cake. They also help prevent the formation of crystals in products like sugar syrups and jams, which can make them gritty or lumpy. Food gums can also be used as thickeners and stabilizers in sauces, dressings, dips, and other preparations.
Guar Gum:
Guar gum, also known as Cyamid Gum, is a natural water-soluble polysaccharide extracted from the seeds of the guar plant. It has high viscosity and swelling properties when in contact with water. The extraction process involves washing and centrifuging the seeds to get rid of impurities then hydrolyzing them by using hot water or acid solution. After that it is purified and dried naturally which makes it safe for consumption.
Xanthan Gum:
Xanthan gum is a type of natural food additive derived from the fermentation of bacterial cells in a solution containing sugar. It has the ability to stabilize and thicken syrups, salad dressings, gravies, and other liquids without raising temperatures. The thickening power of xanthan gum can be compared to that of cornstarch but with more flexibility.
Application Insights:
The daily cosmetics segment is anticipated to register the highest CAGR of XX% from 2018 to 2030 owing to the rising demand for food gums in personal care products such as hair conditioners, shampoos, and body wash. The use of these products has become common among consumers especially in developed countries like U.S., Canada, and France where regulations pertaining to cosmetic usage are more stringent than other countries.
Food application dominated the global market with a share of 80.4% in 2017 on account of its extensive use as thickeners, stabilizers, emulsifiers and glazes in a variety of foods including sauces (chips & dips), soups/stews (gravies), vegetables/fruit juices (jellies) and bakery products such as cakes & pastries along with its derivatives such as powder coatings.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as food & beverage, pharmaceuticals, cosmetics and others. China is one of the largest producers and consumers for xanthan gum across Asia Pacific owing to growing product demand in numerous industries.
Europe accounted for a significant share of global revenue in 2017 due to high consumer awareness regarding health benefits associated with gums and their derivatives. Europe also has a well-established cosmetic industry that uses guar gum as an emulsifying agent due to its properties such as being non-toxic at high doses byproduct formation during processing making it suitable for use across several industrial applications including paints & coatings, rubber manufacturing etc., thereby augmenting regional market growth over the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that can be easily prepared. Food gums are a key ingredient in many convenience foods and thus, the market is expected to grow at a rapid pace in the coming years.
- Rising awareness about the health benefits of food gums: Food gums offer various health benefits such as improved digestion, weight loss, and prevention of diseases such as cancer and heart disease. This is leading to an increase in their demand worldwide, thereby driving the growth of the food gum market.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming increasingly popular among consumers due to their perceived advantages over traditional processed foods. Food gums play an important role in making functional foods more palatable and thus, this segment is expected to witness robust growth in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Gums Market Research Report
By Type
Guar Gum, Xanthan Gum, Others
By Application
Food, Pharmaceutical, Daily Cosmetics, Others
By Companies
TIC Gums, CP Kelco, ADM, Jungbunzlauer, Cargill, DuPont Danisco, Vanderbilt Minerals, Fufeng Group, Deosen Biochemical, Meihua Group, TIC Gums
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Food Gums Market Report Segments:
The global Food Gums market is segmented on the basis of:
Types
Guar Gum, Xanthan Gum, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Daily Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TIC Gums
- CP Kelco
- ADM
- Jungbunzlauer
- Cargill
- DuPont Danisco
- Vanderbilt Minerals
- Fufeng Group
- Deosen Biochemical
- Meihua Group
- TIC Gums
Highlights of The Food Gums Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Guar Gum
- Xanthan Gum
- Others
- By Application:
- Food
- Pharmaceutical
- Daily Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Gums Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food gums are a type of natural gum that is derived from plant sources. They are often used as a thickening agent or to improve the texture of food.
Some of the key players operating in the food gums market are TIC Gums, CP Kelco, ADM, Jungbunzlauer, Cargill, DuPont Danisco, Vanderbilt Minerals, Fufeng Group, Deosen Biochemical, Meihua Group, TIC Gums.
The food gums market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Gums Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Gums Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Gums Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Gums Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Gums Market Size & Forecast, 2020-2028
4.5.1 Food Gums Market Size and Y-o-Y Growth
4.5.2 Food Gums Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Guar Gum
5.2.2 Xanthan Gum
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Daily Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Gums Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Gums Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Guar Gum
9.6.2 Xanthan Gum
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Daily Cosmetics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Guar Gum
10.6.2 Xanthan Gum
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Daily Cosmetics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Guar Gum
11.6.2 Xanthan Gum
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Daily Cosmetics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Guar Gum
12.6.2 Xanthan Gum
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Daily Cosmetics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Guar Gum
13.6.2 Xanthan Gum
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Daily Cosmetics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Gums Market: Competitive Dashboard
14.2 Global Food Gums Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TIC Gums
14.3.2 CP Kelco
14.3.3 ADM
14.3.4 Jungbunzlauer
14.3.5 Cargill
14.3.6 DuPont Danisco
14.3.7 Vanderbilt Minerals
14.3.8 Fufeng Group
14.3.9 Deosen Biochemical
14.3.10 Meihua Group
14.3.11 TIC Gums
