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What Does the Market size Analysis Reveal about the Guar Gum Market?
The guar gum market size has experienced significant growth in recent years, rising from $1.29 billion in 2024 to $1.38 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. This growth during the historical period is attributed to innovation in production and processing, agricultural uses, applications in cosmetics and personal care products, textile and paper industries, and pharmaceutical formulations.
Strong growth is expected in the guar gum market in the coming years, with forecasts predicting it will reach $1.79 billion in 2029 at a CAGR of 6.8%. This forecasted growth can be attributed to an increased demand for gluten-free products, expansion in pharmaceutical and nutraceutical sectors, rising demand for natural emulsifiers, continued demand in oil and gas industries, and the exploration of biomedical applications. Major trends driving this projected growth include innovation in guar gum production, sustainable agriculture practices, increased usage in pharmaceutical formulations, product innovations, and strategic collaborations.
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What are the Key Growth Drivers of the Guar Gum Market?
The soaring demand for convenience foods is a prominent driver propelling growth in the guar gum market. With convenience foods being processed for ease of consumption and minimum preparation, guar gum as an essential food additive enhances the quality of such foods like soups, cakes, pastries, bread, gravies, and snacks. As consumer interest in processed food products grows, the demand for convenience foods and hence, the guar gum market is set for expansion.
For instance, in September 2022 the United States Department of Agriculture reported that the total value of US processed food products exported from the country amounted to $38 billion, marking an increase of 10.96% from $34.24 billion in 2021. Similarly, Canada and Mexico exported processed food products valued at $11.43 billion and $5.65 billion respectively in 2022.
What Segments Comprise the Guar Gum Market?
The guar gum market report covers the following segments:
1) By Type: Food Grade, Industrial Grade, Pharmaceutical Grade
2) By Function: Stabilizer, Emulsifier, Thickening, Gelling Agent, Binder, Friction Reducer
3) By End Use Industry: Food and Beverages, Fracking, Textiles, Pharmaceuticals, Other End Use Industries
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Which are the Major Players in the Guar Gum Market?
Major companies operating in the guar gum market include Jai Bharat Gum & Chemicals Ltd., Vikas WSP Ltd., Hindustan Gum & Chemicals Ltd., Supreme Gums Pvt. Ltd., India Glycols Ltd., Rama Gum Industries Ltd., AEP Colloids Inc., Shree India Sino Gums Pvt Ltd., Cargill Incorporated, Ashland Inc., Neelkants Polymers Pvt. Ltd., Altrafine Gums, Lamberti S.p.A, Ingredion Inc., TIC Gums Inc., DuPont de Nemours Inc., Shree Ram India Gums Limited, Guar Resources LLC, Global Gums & Chemicals Pvt. Ltd., Vikas Granaries Ltd., Raj Gum Industries Pvt. Ltd., Sarda Bio Polymers Pvt. Ltd., Shree Ram Industries, Shree Gajanan Industries, Shree Laxminarayan Industries.
What Are the Key Trends Impacting the Guar Gum Market?
Companies operating in the guar gum market are focusing on developing guar-based polymers for the beauty care sector. These include biodegradable substances derived from guar gum that enhance product performance, improve formulation stability, and offer natural alternatives to synthetic ingredients.
For instance, in March 2022, Solvay SA, a Belgium-based company, launched Jaguar NAT SGI and Jaguar Excel, biodegradable guar-based polymers classified as readily and inherently ultimately biodegradable polymers respectively, based on OECD guidelines.
Which Region Dominates the Guar Gum Market?
In 2024, North America held the largest share in the guar gum market. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Guar Gum Market Report 2025 Offer?
Guar gum, a gel-forming fiber derived from guar beans, is commonly used as a sizing material and thickening agent for various industries. Its value lies in its ability to enhance texture, improve stability, and increase the shelf life of various products. The Guar Gum Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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