Global Cassia Gum Market 2018-2022

Below are some of the key findings from this cassia gum market analysis report

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Global cassia gum industry overview

The increasing demand for cassia gum in the food industry is driving the market. Cassia gums are used as a stabilizing, thickening, and gelling ingredient in canned pet foods. Moreover, they are also used in dairy desserts, meat, and poultry products as thickener, emulsifier, foam stabilizer, moisture retention agent, and texturizing agent. This high demand for cassia gum in food industry drives its market.

Also, the fluctuating crude oil prices is positively impacting the global cassia gum market. The fluctuating crude oil prices compel vendors present in the market to adopt various cost-saving measures. This increases the demand for cassia gum, as it’s a cost-efficient material, which can be used for the extraction of petroleum products, in turn, expanding the global market. Thus, the increasing demand for cassia gum in food industry coupled with the fluctuating crude oil prices is driving the market growth at a CAGR of more than 6% during the forecast period.

Top cassia gum companies covered in this market research report

The global cassia gum market is highly concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this cassia gum market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading cassia gum companies, including:

• Agro Gums
• Amba Gums & Feeds Products
• B.D. Guar
• DWARKESH INDUSTRIES
• Mahesh Agro Food Industries
• Premcem Gums

 Cassia gum market segmentation based on end-users

• Food industry
• Industrial manufacturing
• Others

The food industry was the largest end-user of the global cassia gum market in 2017. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Cassia gum market segmentation based on region

• The Americas
• APAC
• EMEA

The Americas accounted for the largest cassia gum market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global cassia gum market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the cassia gum market during the next five years
• Precise estimation of the global cassia gum market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the cassia gum industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of cassia gum companies

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