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グアー市場ー業界洞察、主要プレーヤー・企業別、成長機会別、最新傾向別、開発別、主要な成長ドライバー別、主要な課題別によってセグメンテーション、予測


[ 英語タイトル ] Guar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)


Product Code : MDAG00112632
Survey : Mordor Intelligence
Publish On : May, 2021
Category : Agriculture and Allied Activities
Report format : PDF
Sales price option (consumption tax not included)
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Global

[Report Description]

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.

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.

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.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis

5 MARKET SEGMENTATION
5.1 Geography(Production Analysis, Consumption Analysis, Import Analysis by Volume and Value, Export Analysis by Volume and Value and Price Trend Analysis)
5.1.1 North America
5.1.1.1 United States
5.1.1.2 Canada
5.1.2 Europe
5.1.2.1 Germany
5.1.2.2 France
5.1.2.3 Russia
5.1.2.4 Spain
5.1.3 Asia-Pacific
5.1.3.1 India
5.1.3.2 China
5.1.3.3 Japan
5.1.3.4 Australia
5.1.4 South America
5.1.4.1 Brazil
5.1.4.2 Argentina
5.1.5 Africa
5.1.5.1 Malawi
5.1.5.2 Sudan

6 MARKET OPPORTUNITIES AND FUTURE TRENDS

7 AN ASSESSMENT OF COVID-19 IMPACT ON THE MARKET

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