According to the latest IMARC group report, entitled “Guar Gum Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026‘, The global guar gum powder market has shown moderate growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to reach a volume of 1.36 million tons by 2026, showing a CAGR of 7.4% during 2021-2026.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
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Guar gum powder refers to a fine textured powder obtained from the endosperm of guar seeds. The powder has high miscibility with water and excellent thickening capacity and is commonly used as a stabilizer, emulsifier, suspending and binding agent in food and drink, cream, lotion, tablet, etc. It also helps relieve diarrhea, constipation, irritable bowel syndrome, high cholesterol, high blood pressure, etc. For this reason, guar gum powder is widely used in several industries, including pharmaceuticals, food and beverage, cosmetics, personal care, etc.
Growing consumer awareness of the various health benefits associated with guar gum powder, such as improving glucose tolerance and reducing serum low-density lipoprotein (LDL) cholesterol and triglycerides, increases its effectiveness. demand in the pharmaceutical sector. It is one of the major factors contributing to the growth of the global market. In addition, guar gum powder is also increasingly used in the expanding food and beverage industry to prepare sauces, dressings, frozen foods, dairy products, bakery and confectionery items. , etc. In addition, the increasing use of guar gum powder in the textile industry to thicken dye solutions for sharper printed patterns is also propelling the market growth. Besides, the extensive applications of guar gum powder in petroleum extraction, especially in the field of hydraulic fracturing as an effective gelling agent, is further expected to drive the market growth during the period. forecast.
Competitive Analysis and Segmentation of Guar Gum Powder Market 2021-2026:
Competitive landscape with key players:
The competitive landscape of the global Guar Gum Powder market has been studied in the report along with detailed profiles of the major players operating in the market.
Key market segmentation:
The report segmented the global guar gum powder market on the basis of quality, function, end-use industry, and region.
Breakdown by grade:
- Industrial level
- Pharmaceutical grade
Breakdown by function:
- Gelling agent
- Reduction of friction
- Other functions
Breakdown by end-use sector:
- Oil drilling
- Food industry
- Paper and textile
- Beauty products
Breakdown by region:
- united states of america
Explore the full report with table of contents and list of figures: https://www.imarcgroup.com/guar-gum-powder-manufacturing-plant
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Industry trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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