Guar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Guar Market is segmented by Geography (North America, Europe, Asia- Pacific, South America, Middle East & Africa). The report includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis.

Market Snapshot

Guar Market Overview
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.2 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The guar market is projected to register a CAGR of 4.2% during the forecast period (2021-2026). The outbreak of COVID-19 has affected the global production and supply of guar. The global pandemic has shown an impact on the proper functioning of various industries across the globe. These companies faced short-term operational problems due to supply chain constraints and the inaccessibility of factories due to the COVID-19 outbreak. As overall logistics are slowed down, food safety and quality affected negatively. Growing demand from the food and beverage industry as an ingredient mainly as a food additive especially for functions like thickener, stabilizer, and binder. Increasing application and research on gaur gum in drug manufacturing, cosmetic industries, and their application in oil and gas well stimulation are expected to support the growth of the market. Fracking remains one of the biggest end-use industries for guar products. Asia-Pacific will continue to dominate the guar market over the forecast period in terms of production. India is the largest producer of guar gum accounting for nearly 80.0% of the total production. The product accounts for approximately one-third of the total agricultural exports in India. Hence, a growing number of government initiatives to encourage exports, in order to gain foreign currency, is expected to benefit the market.

Scope of the Report

Guar is an important ingredient and has many uses, such as confectionery, baked goods, pet food, beverages, and frozen food products. In addition, they are also used in the industry to make tablets as disruptive agents and binders. They are used in the manufacture of tablets for micro-insulation for fragments. The Guar Market is segmented by Geography (North America, Europe, Asia- Pacific, South America, Middle East & Africa). The report includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis.

Geography(Production Analysis, Consumption Analysis, Import Analysis by Volume and Value, Export Analysis by Volume and Value and Price Trend Analysis)
North America
United States
Canada
Europe
Germany
France
Russia
Spain
Asia-Pacific
India
China
Japan
Australia
South America
Brazil
Argentina
Africa
Malawi
Sudan

Report scope can be customized per your requirements. Click here.

Key Market Trends

India to rule global production

Guar Gum is an important ingredient in creating nourishment emulsifiers, food additives, nourishment thickener, and other guar gum items. The guar industry has developed from guar being utilized in households to discovering applications for it in industries. Attributable to new innovations, the natural gum property of guar has several applications in the food, pharmaceuticals, and oil industries. India is the largest producer of guar and contributes over 80.0% of the total guar and guar gum production in the world. Although the area harvested for guar in India has not changed in almost 10 years, the production of guar has increased significantly due to higher productivity.

Guar Market Share

To understand key trends, Download Sample Report

Asia-Pacific dominates global production

Asia-Pacific dominates global guar production with India being a major producer. The United States is the largest importer of guar gum from India, with an annual import of more than 244,829.0 metric tons representing about 60.0% of the total guar gum exports from India. China and Germany are the other major importers of guar gum from India, they import more than 32,268.0 metric tons and 12,085.0 metric tons, respectively, which accounts for 7.8% and 2.9% of the total guar gum export from India. Other major importers of guar gum are Italy, South Africa, Russia, Australia, Netherlands, Japan, Brazil, Belgium, and Canada. Presently, India exports guar gum to more than 90 countries.

Guar Market Growth Rate By Region

To understand geography trends, Download Sample Report

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography(Production Analysis, Consumption Analysis, Import Analysis by Volume and Value, Export Analysis by Volume and Value and Price Trend Analysis)

      1. 5.1.1 North America

        1. 5.1.1.1 United States

        2. 5.1.1.2 Canada

      2. 5.1.2 Europe

        1. 5.1.2.1 Germany

        2. 5.1.2.2 France

        3. 5.1.2.3 Russia

        4. 5.1.2.4 Spain

      3. 5.1.3 Asia-Pacific

        1. 5.1.3.1 India

        2. 5.1.3.2 China

        3. 5.1.3.3 Japan

        4. 5.1.3.4 Australia

      4. 5.1.4 South America

        1. 5.1.4.1 Brazil

        2. 5.1.4.2 Argentina

      5. 5.1.5 Africa

        1. 5.1.5.1 Malawi

        2. 5.1.5.2 Sudan

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

  7. 7. AN ASSESSMENT OF COVID-19 IMPACT ON THE MARKET

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Guar Market market is studied from 2016 - 2026.

The Guar Market is growing at a CAGR of 4.2% over the next 5 years.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!