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Guar Gum Market

Latin America also demonstrates significant growth in the guar gum market. The productivity of processed foods such as cheese, sausages, soups and animal feed preparations increases on addition of guar gum
Guar Gum Market - Global Industry Insights, Trends,
Outlook, and Opportunity Analysis, 2018-2026
Guar gum also known as gellan gum is a natural polymer extracted from the
guar seed. It is a powdered product used to stabilize, emulsify, and thicken the
texture of certain foods and industrial products. Guar gum has property to attain
high viscosity in low concentrations due to non-toxic in nature, low calories,
and high fibers. Due to these properties this is used as an additive in foods and
beverages such as bottled coconut and almond milk, yogurts, soups, and fiber
supplements. There are numerous other application of guar gum, which include
body lotions and DIY beauty recipes. The food industry accounts for 70%
revenue share in guar gum market. Also, its colloidal nature and emulsifying
property make it ideal thickening agent. However, fluctuating oil price,
oversupply and gradual emergence of superior alternatives are some of the
factors restraining growth of market in this region.
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Food industry is major end user of guar gum, owing to its properties such as
stabilizer, thickener, and emulsifier. It is used as a stabilizer in the food industry
for stabilizing ice-creams, instant puddings, cheeses, and whipped cream
substitutes, and as a meat binder. It is also suitable for use in painting, printing,
fire control, dyeing, and textiles. Thus making the food & beverages and oil &
gas industries largest end-user industries of guar gum. These factors are
expected to drive growth of market. However, health risk associated with
addition of guar gum in processed foods such as digestion issues and gut
reactions are restraining growth of the market.
Propel SSP, manufactured by Fairmount Santrol Company, based in the U.S., is
an alternative to guar gum proppant, which is a cheaper and technically superior
alternative. Though, currently in research and trial stage, Propel SSP market is
expected to grow due to the successful trials in Marcellus and Utica shale,
which is expected to hinder growth of market. Major players in the Guar Gum
Market include Penford Corp., TIC Gums, Inc., Lucid Group, Vikas WSP
Limited, and Ashland Inc.
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