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Global Guar Gum Powder Market: By Grade: Food-Grade, Industrial-Grade, Pharmaceutical-Grade; By Function; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Price Analysis Manufacturing Process; Cost Analysis; Competitive Landscape; Industry Events and Developments
Global Guar Gum Powder Market Outlook
The global guar gum powder market attained a volume of about 895.12 KMT in 2022. The market is estimated to reach a volume of 996.25 KMT by 2028, expanding at a CAGR of 1.8% during the forecast period of 2023 and 2028.
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Based on the grades, the industrial grade segment dominated the global guar gum powder market in 2020. On the basis of the functions, guar gum powder is widely used for thickening purposes; thus, the segment accounted for the majority of the market share in 2020. Based on the end-use industry, the oil drilling industry is expected to dominate the industry and is likely to maintain its dominance over the forecast period of 2023-2028. Amongst the regional markets, the United States is leading the market, accounting for the majority of the total market share.
Market Segmentation
Guar gum powder is derived from the ground endosperm of the guar plant. The plant is generally cultivated in India and Pakistan, where it has been traditionally used for the thickening of curries. The gum powder is widely used as a natural emulsifier, bonding agent, stabilizer, gelling agent, hydrocolloid, flocculant, and fracturing agent. In addition, it finds applications in various end-use industries, including food, textile, pharmaceutical, healthcare, explosives, cosmetics, paper, mining, and oil drilling.
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On the basis of grade, the industry is segmented into:
- Food-Grade
- Industrial-Grade
- Pharmaceutical-Grade
The industry can be broadly categorised, on the basis of its function segment, into:
- Thickening
- Gelling
- Binding
- Friction Reducing
- Others
Based on end-uses, the industry is divided into:
- Oil Drilling
- Food Industry
- Paper and Textile
- Pharmaceuticals
- Cosmetics
- Others
The EMR report looks into the major regional markets in the global guar gum powder market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The demand for guar gum powder is escalating on account of its vast applications in the food industry for preparing confectionery products, beverages, baked items, and frozen food products. Rising disposable incomes and the emerging trend of consuming organic foods among consumers are further augmenting the demand for guar gum powder.
The pharmaceutical industry uses this as a disintegrating agent and binder in tablets and capsules. It is also employed for the production of cosmetics and personal care products such as soaps, lotions, creams, shaving gels, shampoos, liquid soaps, and conditioners. Moreover, advancements in shale gas production technology have also helped in increasing the output of several oil rigs, particularly in the United States. Owing to the aforementioned factors, the industry for guar gum powder is expected to rise in the coming years.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global guar gum powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- SNP, Inc.
- Agro Gums
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Grade, Function, End Use, Region |
| Breakup by Grade | Food-Grade, Industrial-Grade, Pharmaceutical-Grade |
| Breakup by Function | Thickening, Gelling, Binding, Friction Reducing, Others |
| Breakup by End Use | Oil Drilling, Food Industry, Paper and Textile, Pharmaceuticals, Cosmetics, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | SNP, Inc., Agro Gums, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Guar Gum Powder Market Analysis
8.1 Key Industry Highlights
8.2 Global Guar Gum Powder Historical Market (2018-2022)
8.3 Global Guar Gum Powder Market Forecast (2023-2028)
8.4 Global Guar Gum Powder Market by Grade
8.4.1 Food-Grade
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Industrial-Grade
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Pharmaceutical-Grade
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Guar Gum Powder Market by Function
8.5.1 Thickening
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Gelling
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Binding
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Friction Reducing
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Guar Gum Powder Market by End Use
8.6.1 Oil Drilling
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Food Industry
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Paper and Textile
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Pharmaceuticals
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Cosmetics
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Guar Gum Powder Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Overview
12.2 Detailed Process Flow
12.3 Operations Involved
13 Cost Analysis
13.1 Raw Material
13.2 Packaging
13.3 Transportation
13.4 Utilities
13.5 Manpower
13.6 Others
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
14.2.1 SNP, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Agro Gums
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Guar Gum Powder Market: Key Industry Highlights, 2018 and 2028
2. Global Guar Gum Powder Historical Market: Breakup by Grade (Tons), 2018-2022
3. Global Guar Gum Powder Market Forecast: Breakup by Grade (Tons), 2023-2028
4. Global Guar Gum Powder Historical Market: Breakup by Function (Tons), 2018-2022
5. Global Guar Gum Powder Market Forecast: Breakup by Function (Tons), 2023-2028
6. Global Guar Gum Powder Historical Market: Breakup by End Use (Tons), 2018-2022
7. Global Guar Gum Powder Market Forecast: Breakup by End Use (Tons), 2023-2028
8. Global Guar Gum Powder Historical Market: Breakup by Region (Tons), 2018-2022
9. Global Guar Gum Powder Market Forecast: Breakup by Region (Tons), 2023-2028
10. North America Guar Gum Powder Historical Market: Breakup by Country (Tons), 2018-2022
11. North America Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2023-2028
12. Europe Guar Gum Powder Historical Market: Breakup by Country (Tons), 2018-2022
13. Europe Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2023-2028
14. Asia Pacific Guar Gum Powder Historical Market: Breakup by Country (Tons), 2018-2022
15. Asia Pacific Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2023-2028
16. Latin America Guar Gum Powder Historical Market: Breakup by Country (Tons), 2018-2022
17. Latin America Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2023-2028
18. Middle East and Africa Guar Gum Powder Historical Market: Breakup by Country (Tons), 2018-2022
19. Middle East and Africa Guar Gum Powder Market Forecast: Breakup by Country (Tons), 2023-2028
20. Global Guar Gum Powder Market Structure
Key Questions Answered in the Report
The global guar gum powder market reached a volume of about 895.12 KMT in 2022.
The market is projected to grow at a CAGR of nearly 1.8% in the forecast period of 2023-2028.
The market is estimated to reach a volume of about 996.25 KMT by 2028.
The major drivers of the market include rising disposable incomes, increasing population, and the rising demand from the end-use industries.
Advancements in shale gas production technology have also helped in increasing the output of several oil rigs, which is expected to be a key trend for the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
Industrial grade is the dominant grade of the product in the market.
The dominant function in the market is represented by the thickening segment.
The oil drilling sector accounts for the largest market share, among other end-use segments in the market.
The leading players in the market are SNP, Inc., and Agro Gums, among others.
Analyst Review
The global guar gum powder market attained a volume of about 895.12 KMT in 2022 driven by the growing demand from the food industry. Aided by the rising demand from the cosmetics and personal care industry and the pharmaceuticals sector, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 1.8%. The industry is projected to reach about 996.25 KMT by 2028.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its grade, the global guar gum powder market can be segmented into food, industrial, and pharmaceutical grade, with industrial grade accounting for the largest market share. By function, the thickening segment leads the industry. On the basis of end-use, the oil drilling sector accounts for the largest share in the global industry. The major regional markets for guar gum powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include SNP, Inc. and Agro Gums, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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