According to the latest market report published by Future Market Insights (FMI) titled “Cassia Gum Market: Global Industry Analysis and Opportunity Assessment 2015-2025”, the cassia gum market was valued at US$ 10.1 Mn in 2015. It is expected to expand at a CAGR of 6.5% from 2015 to 2025, accounting for US$ 18.9 Mn by 2025.
The global cassia gum market is anticipated to expand at a moderate CAGR during the forecast period. Till now cassia gum was preferred to be used as an alternative to gaur gum because of limited awareness and limited research and development activities. However with regulations approvals in various regions around the world and innovations in cassia gum formulations in dairy & confectionery products and pet food, cassia gum is expected to experience an upward trend during the forecast period.
The global cassia gum market is valued at US$ 10.1 Mn in 2015. Companies are increasingly introducing Cassia in their new products, particularly in baby food, dairy and confectionery products such as chocolates, jellies, biscuits. Effective guidelines & standards are crucial across the cassia gum supply chain both for suppliers as well as international buyers. In countries such as India and China; which are the major producer and supplier of cassia gum, there is a near total absence of cassia gum specific rules and standards addressing both production and processing phase.
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The global cassia gum market is anticipated to expand at a moderate CAGR during the forecast period. Till now cassia gum was preferred to be used as an alternative to gaur gum because of limited awareness and limited research and development activities. However with regulations approvals in various regions around the world and innovations in cassia gum formulations in dairy & confectionery products and pet food, cassia gum is expected to experience an upward trend during the forecast period.
The report provides detailed information about various trends driving each segment and offers insights and analysis about market trends in specific regions. The report also includes key market regulations regarding the application of cassia gum in aforementioned food & beverage and manufacturing industry applications. On the basis of region, the market is segmented into seven regions. North America is expected to dominate the market with 29.1% share by the end of 2015. APEJ and Western Europe markets are collectively estimated to account for 34.8% of the total cassia gum market value.
The report also delivers global cassia gum market opportunities, future outlook, trends, BPS analysis, market attractiveness analysis and competitive landscape of the key players in the cassia gum market. The key players in the report have been profiled on the basis of company overview, financials, operating segment share, product and service offerings and key developments.
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Competitive Landscape
Key players in the global cassia gum market include Agro Gums, Amba Gums & Feed Products, Avlast Hydrocolloids, Altrafine Gums, Premchem Gums Pvt. Ltd., Dwarkesh Industries, H.B. Gum Industries Private Limited, Fooding Group Limited, J D Gums and Chemicals.
Key Segment
By Application
- Food and Beverages
- Animal Food
- Dog Food
- Cat Food
- Animal Feed
- Dairy and Confectionary Products
- Meat Products
- Instant Mix
- Manufacturing Segment
- Cosmetics
- Pharmaceuticals
- Paper Industry
- Textile Industry
- Chemical Processing
- Others
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Table of Content
1. Research Methodology
2. Assumptions and Acronyms Used
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Market Definition
4.1.2. Industry Lifecycle
4.1.3. Regulations – Global Overview
4.1.4. Cassia Gum Permissible Limits – By Application
4.1.5. Market Taxonomy
4.2. Macro-economic Indicators
4.2.1. Global Dairy Ingredients Market
4.2.2. Global Confectionary Market
4.2.3. Global Pet Food Market
4.3. Cassia Gum – Different Identification Numbers
4.4. Cassia Gum – Value Chain
4.5. Cassia Gum – Global Demand Supply Scenario
4.6. Market Dynamics
4.6.1. Drivers
4.6.2. Restraints
4.7. Cassia Gum – Global Pricing Analysis
4.8. Global Cassia Gum Market Forecast
4.8.1. Market Size (Thousand US$) Forecast
4.8.2. Market Volume (Tonnes) Forecast
4.8.3. Absolute $ Opportunity
5. Global Cassia Gum Market By Application
6. Global Cassia Gum Market Analysis By Region