- Food & Beverages
- Guar Complex Market Segmentation By Product Type - Guar Seed, Guar Gum, Guar Meal, and Others; End-Use Industry - Direct Consumption, Food & Beverages, Fracking, Textiles, Pharmaceuticals, and Other End-Use Industries; Distribution Channel - Farmers, Traders/Wholesalers, Retailers, and Processors
Guar Complex Market
Guar Complex Market (Product Type - Guar Seed, Guar Gum, Guar Meal, and Others; End-Use Industry - Direct Consumption, Food & Beverages, Fracking, Textiles, Pharmaceuticals, and Other End-Use Industries; Distribution Channel - Farmers, Traders/Wholesalers, Retailers, and Processors) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
Press Release :
Key properties of produce made of guar complex plant in reducing serum cholesterol after consumption continues to propel their applications in a range of industries, from pharmaceuticals to food & beverage. Drugs developed on guar complex are being widely used by diabetics for their abilities in positively affecting blood glucose level. In the wellness industry, the demand for guar complex products is surging on the grounds of their role in the promoting weight loss.
However, scientific studies conducted across esteemed global organizations reveal the adverse interactions of consuming guar complex products. From causing gastrointestinal blockage to lowering the presence of metformin serum concentrations in the blood, the consumption of guar complex products is becoming an emerging health concern for consumers. In the view of such factors and many more, the overall demand for guar complex across the globe will continue to witness a steady traction. A recently published report by Transparency Market Research reveals that by the end of 2026, over US$ 1.7 Bn worth of guar complex products will be sold globally. The report, which provides detailed analysis and insightful forecast on the expansion of the global guar complex market for the assessment period, 2017-2026, however, projects that the market will expand at a sluggish CAGR of 2.6% during the forecast period.
Steady Demand for Guar Gum, Guar Meal and Other Products
According to the analysis developed in the report, the global guar complex market will witness a steady revenue growth from sales of three product-type categories, namely – guar gum, guar meal, and others. Through 2026, the revenues procured from the global sales of these segments will reflect a similar CAGR of 2.6%. Meanwhile, the top-selling product in the global guar complex market is poised to be the seeds of guar complex. In 2017, more than US$ 600 Mn worth of guar seeds will be sold in the global market.
Fracking to Represent Leading End-use Industry for Guar Complex Market
On the basis of end-use industries, the reports projects that guar complex products sold in fracking business across the globe will account for around half of the global market value in 2017 and beyond. However, the demand for guar complex in direct consumption industries will witness a relatively healthy growth towards the end of the forecast period. The report also projects that pharmaceuticals will be the fastest-growing end-user industry in the global guar complex market. Over the forecast period, pharmaceutical end-use of guar complex is anticipated to reflect a global CAGR of 5.3%.
Traders/Wholesalers – Largest Distribution Channels for Guar Complex Products
In majority of applications, guar complex products are used in bulk quantities. To facilitate voluminous supply of guar complex products, traders or wholesalers are being widely observed as a convenient and profitable distribution channel. In 2017, over two-fifth of the revenues being procured in the global guar complex market will be accounted by their distribution through traders or wholesalers.
Leading Producers of Guar Complex
The report has profiled leading producers of guar complex in the global market. A majority of players in the global guar complex market are expected to remain focused on increasing the production capacities to cater to the brimming demand across food & beverage applications. Companies namely, Vikas WSP, Jai Bharat Gum, Shree Ram Gum, Hindustan Gums, Cargill Inc., Ashland Inc., Lucid Group, India Glycols Ltd., Supreme Gums Pvt. Ltd., Lamberti, and Rama industries are likely to spearhead the global guar complex market in terms of production.
Guar Complex Market will Attract High Revenues from Food and Beverage Sector
Expanding utilization of guar gum as a food added substance has assumed an instrumental part in broadening the uses of guar complex items in the worldwide food and refreshment area. Western dietary societies are inviting the consideration of guar complex dinners like Korma. In the perspective on overflowing interest, the inventory lack for guar complex items has flooded the costs of guar complex seeds. The general guar complex market across the globe stays reliant on consistent stock, while its development is being hampered by the consequences of logical investigations that uncover the antagonistic impacts of burning-through guar complex items.
Western dietary societies are inviting the consideration of guar complex dinners like Korma. In the perspective on overflowing interest, the stock lack for guar complex items has flooded the costs of guar complex seeds. The general guar complex market across the globe stays subject to consistent stockpile, while its development is being hampered by the consequences of logical examinations that uncover the antagonistic impacts of burning-through guar complex items.
The increasing use of guar items to advance weight reduction in clinical preliminaries is a key figure driving development the worldwide guar complex market. Utilization of guar complex items to diminish cholesterol properties as medications and different meds is additionally liable for the worldwide guar complex market to get steady speed. A quickly advancing food and refreshment industry, particularly in the area of solid staples also will be likewise the market to develop consistently. From a general viewpoint, the guar complex market is probably going to encounter considerable development in future gratitude to a rising mindfulness about the medical advantages of guar items everywhere on the globe.
Furthermore, a few organizations are doing broad innovative work in the field of guar item fabricating. This is required to make them discharge non-unfavorably susceptible just as savvy guar items materials that can be promptly utilized in various food sources just as burned-through in different structures, thus balancing the restrictions influencing the market.
Increasing use of guar gum as a food additive has played an instrumental role in extending the applications of guar complex products in the global food & beverage sector. Over the years, production of guar plants has remained concentrated in the Asia-Pacific excluding Japan (APEJ) region, particularly in India. Western dietary cultures are welcoming the inclusion of guar complex meals such as Korma. In the view of brimming demand, the supply shortage for guar complex products has surged the prices of guar complex seeds. The overall guar complex market across the globe remains dependent on steady supply, while its growth is being hampered by the results of scientific studies that reveal the adverse effects of consuming guar complex products.
Transparency Market Research has developed an exclusive market study on guar complex products, tracking its growth across global perimeters and multiple parameters. The study delivers a forecast on the expansion of the global guar complex market for the assessment period, 2017-2026. A range of factors influencing the global consumption of guar complex products have been analysed in the report. Moreover, the report serves as a credible business document that can influence the future plans of leading guar complex producers around the world.
The key chapters in the report provide segmental analysis and forecast on the expansion of the global guar complex market through 2026. The report provides an overview of the parent industry – food & beverage, and delivers a standard definition to guar complex. The report has construed the opinions of market players by addressing the factors influencing the dynamics of global guar complex production as well as consumption.
From supply chain breakdown to pricing analysis, the study has examined several aspects encompassing the growth of the global guar complex market. In distinct section, raw material sourcing strategies of market participants has been revealed. An intensity map that demarks the presence of companies (guar complex producers) across various geographies has been offered in the report. In addition, the report has profiled these companies on the basis of their current market standings. A detailed competition landscape on the global guar complex market has been offered in the report to reveal the leading and nascent players. The report provides inferences with respect to production strategies, market penetration, regulatory compliance, and changing consumer economics.
Transparency Market Research develops its forecast studies with a holistic approach. A slew of primary and secondary research methodologies are employed in the development of this report. Market size estimations have been interpreted through metrics such as compounded annual growth rates (CAGR), absolute dollar opportunities, and Basis Point Share (BPS) index. The entire report has been quantified in the US dollars (US$) to provide universal assessment. The scope of the report is to enable guar complex producers develop new strategies with respect to increasing their business towards future market direction.
Guar Complex Market: Taxonomy
For the purpose of extensive and detailed analysis, the global guar complex market has been segmented on the basis of product-type, end-use industry, distribution channel, and region. The global guar complex market taxonomy has been illustrated below.
End Use Industry
Each segment has been analysed for deriving accurate forecast on the expansion of the global guar complex market. Moreover, country-specific forecast on guar complex market is also provided in the report.