India Guar Gum Segmentation
Form (Solution/Liquid Gaur Gum, Gaur Gum Powder)
The India guar gum market is segmented and analyzed for demand and supply by form into solution/liquid guar gum and guar gum powder. Out of which, the solution/liquid guar gum segment is anticipated to grow at a highest CAGR of 8.03% over the forecast period. The growth of the segment can be attributed to growing preference of people for health centric beverage products owing to rise in health-conscious people. Consumers who are concerned about their health are predicted to increase from about 107 million in 2020 to approximately 175 million in 2026. Substantial increase would be seen across categories including healthy snacking, with alternatives such as biscuits, fruit snacks, snack bars, and trail mixes leading expansion, following by nutritious dairy products. Additionally, guar gum's resistance to breakdown under the low pH conditions found in beverages is a key characteristic. Guar gum is simple to utilize in beverage processing facilities since it is soluble in cold water. It extends the beverage's shelf life.
Grade (Food Grade, Industrial Grade, Pharmaceutical Grade)
The India guar gum market is also segmented and analyzed for demand and supply by grade into food grade, industrial grade and pharmaceutical grade. Amongst which, the food grade is anticipated to garner the highest revenue of USD 56.04 Million by the end of 2033, up from a revenue of USD 24.66 Million in the year 2022. Further, the segment is estimated to grow at a CAGR of 7.91% over the forecast period, backed by increasing demand for low-cost natural food additives as food manufacturers seek a less expensive and healthier alternative to chemically laden additives. Hence, food grade guar gum powder, an organic powder with a variety of particle sizes and viscosities, is used in the food industry as a thickener, emulsifier, and stabilizer for numerous food items. Noodles, sauces and dressings, pet food, soups, pastry ices, meat, drinks, processed cheese, dairy/ice cream products, and bakery items are just a few of the products that contain food grade guar gum for emulsification, thickening, gelling, and stabilization
Our in-depth analysis of the global market includes the following segments:
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