Guar Gum Market – Industry Structure Evaluation, Demand Drivers Analysis
Guar Gum is used as an additive in foods and beverages such as almond milk, bottled coconut, yogurts, soups, and fiber supplements. The world production for guar gum and its derivatives is about 0.001 Billion tonnes. Non-food guar gum accounts for about 40% of the total demand. In addition, factors such as high viscosity, non-toxic nature, low calorific value, and rich content in fiber are driving the growth of the global guar gum market.