Guar Gum Market Key Profiles, Growth Driver, Industry Outlook, Regional AnalysisPosted by Nikhil khadilkar on October 22nd, 2019 Guar Gum Market Overview Global Guar Gum Market has been segregated, by function, into thickening, gelling, binding, and others. Owing to the multifunctional properties of guar gum the thickening, gelling, and binding segments are all expected to gain significant share in the global market. Based on application, the Global Guar Gum Market has been segmented into food & beverages, pharmaceuticals, personal care, oil & gas, and others. The food & beverages segment is further segregated into bakery & confectionary, dairy & frozen desserts, beverages, convenience food, and others. The oil & gas segment is expected to garner the largest market share during the review period due to the multifunctional properties of guar gum such as gelling, friction reducing, and thickening. Get a Free Sample Copy of This Report @ https://www.marketresearchfuture.com/sample_request/7070 Market Scenario and Growth Factors Based on type, the global guar gum market has been segmented into food grade, industrial grade, and others. The industrial grade segment is anticipated to gain the largest revenue share in the global guar gum market due to its increasing application in vast industries such as oil & gas, mining, explosives, cosmetics, pharmaceuticals, and others. Key Players Segmentation The Global Guar Gum Market has been divided, by type, into food grade, industrial grade, and others. Based on function, the Global Guar Gum Market has been segregated into thickening, gelling, binding, and others. By application, the Global Guar Gum Market is bifurcated into food & beverages, pharmaceuticals, personal care, oil & gas, and others. The food & beverages segment is further segregated into bakery & confectionary, dairy & frozen desserts, beverages, convenience food, and others. Regional Analysis North America is projected to dominate the global guar gum market owing to the rising demand for convenience food in the region. Moreover, the surging demand for natural food and rising incidences of gluten intolerance are also driving the growth of guar gum market in North America. Asia-Pacific guar gum market is anticipated to grow with the highest CAGR during the forecast period owing to the increasing production and consumption of guar gum in the region. In addition, the changing lifestyle of people, adoption of a healthy diet, and growing preference towards convenience foods is propelling the food and beverage manufacturers in Asia-Pacific to guar gum as a food additive. Study Complete Report Details @ https://www.marketresearchfuture.com/reports/guar-gum-market-7070 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Like it? Share it!More by this author |