Global Cassia Gum Market 2018-2022
About this market
Cassia gum is one of the major resource for the manufacturing of organic dairy products. It is used as an emulsifier, thickener, moisture retention agent, foam stabilizer, and texturing agent in cheese and frozen dairy desserts. Cassia gum is widely used in dairy ice cream processing to introduce texture and flavor. Therefore, the increasing use of cassia gum in the global organic dairy products market will boost the growth of the market. Technavio ‘s analysts predict the cassia gum market to grow at a CAGR of more than 6 % by 2022.
Market Overview
Increasing demand for cassia gum in food industry
Cassia gum is used as a key ingredient in food the food industry. It is used in the pet food industry as a gelling agent. Cassia gum is approved for use in Europe under the Commission Directive (EEC No. E 499) and is listed as a stabilizing, thickening, and gelling ingredient in canned pet foods. The growing use of cassia gum as a major ingredient in the food industry will propel the growth of the market during the forecast period.
Availability of low-cost alternatives for cassia gum
There are many alternatives for cassia gum, such as guar gum, which is less expensive than cassia gum. As the market price for cassia gum is higher than that for its alternative compounds, cassia gum is expected to witness higher competition from guar gum during the forecast period, which is anticipated to hinder the global cassia gum market growth during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the cassia gum market during 2018-2022, view our report.
Competitive landscape
The cassia gum market appears to be concentrated due to presence of a considerable number of companies. Factors such as the increasing demand for cassia gum in the food industry and the increasing organic products are expected to boost the growth of the cassia gum market. Some of the top companies in the cassia gum market include Agro Gums, Amba Gums & Feeds Products, B.D. Guar, DWARKESH INDUSTRIES, Mahesh Agro Food Industries, and Premcem Gums.
‘With the presence of a considerable number of companies, this market appears to be concentrated. Manufacturers in the market are focusing on increasing the production speed and output to cater to the growing demand for cassia gum in food industry and the increasing organic food products where in cassia gum is used as a key ingredient. ‘
- Executive summary
- Scope of the report
- Research methodology
- Market landscape
- Market ecosystem
- Table Parent market
- Table Global natural gum market: Segmentation
- Market characteristics
- Table Market characteristics
- Market segmentation analysis
- Table Market segments
- Market ecosystem
- Market sizing
- Market definition
- Table Market definition - Inclusions and exclusions checklist
- Market sizing 2017
- Table Global cassia gum market - Market size 2017 ($ thousands)
- Table Validation techniques employed for market sizing 2017
- Market size and forecast 2017-2022
- Table Global cassia gum market - Market size and forecast 2017-2022 ($ thousands)
- Table Global cassia gum market - Year-over-year growth 2018-2022 (%)
- Market definition
- Five forces analysis
- Table Five forces analysis 2017
- Table Five forces analysis 2022
- Bargaining power of buyers
- Table Bargaining power of buyers
- Bargaining power of suppliers
- Table Bargaining power of suppliers
- Threat of new entrants
- Table Threat of new entrants
- Threat of substitutes
- Table Threat of substitutes
- Threat of rivalry
- Table Threat of rivalry
- Market condition
- Table Market condition - Five forces
- Customer landscape
- Table Customer landscape
- Market segmentation by end-user
- Segmentation by end-user
- Table Global cassia gum market by end-user - Market share 2017-2022 (%)
- Comparison by end-user
- Table Comparison by end-user
- Global cassia gum market by food industry - Market size and forecast 2017-2022
- Table Global cassia gum market by food industry- Market size and forecast 2017-2022 ($ thousands)
- Table Global cassia gum market by food industry - Year-over-year growth 2018-2022 (%)
- Global cassia gum market by industrial manufacturing - Market size and forecast 2017- 2022
- Table Global cassia gum market by industrial manufacturing - Market size and forecast 2017- 2022 ($ thousands)
- Table Global cassia gum market by industrial manufacturing - Year-over-year growth 2018- 2022 (%)
- Global cassia gum market by others - Market size and forecast 2017-2022
- Table Global cassia gum market by others - Market size and forecast 2017-2022 ($ thousands)
- Table Global cassia gum market by others - Year-over-year growth 2018-2022 (%)
- Market opportunity by end-user
- Table Market opportunity by end-user
- Segmentation by end-user
- Regional landscape
- Geographical segmentation
- Table Global cassia gum market - Market share by geography 2017-2022 (%)
- Regional comparison
- Table Regional comparison
- Cassia gum market in the Americas - Market size and forecast 2017-2022
- Table Cassia gum market in the Americas - Market size and forecast 2017-2022 ($ thousands)
- Table Cassia gum market in the Americas - Year-over-year growth 2018-2022 (%)
- Cassia gum market in EMEA - Market size and forecast 2017-2022
- Table Cassia gum market in EMEA - Market size and forecast 2017-2022 ($ thousands)
- Table Cassia gum market in EMEA - Year-over-year growth 2018-2022 (%)
- Cassia gum market in APAC - Market size and forecast 2017-2022
- Table Cassia gum market in APAC - Market size and forecast 2017-2022 ($ thousands)
- Table Cassia gum market in APAC - Year-over-year growth 2018-2022 (%)
- Key leading countries
- Table Key leading countries
- Market opportunity
- Table Market opportunity
- Geographical segmentation
- Decision framework
- Drivers and challenges
- Market drivers
- Table Permissible levels of cassia gum in foods
- Table Field production of crude oil in the US 2010-2017 (thousand barrels per day)
- Market challenges
- Market drivers
- Market trends
- Fluctuating crude oil prices
- Increasing organic dairy products
- Vendor landscape
- Overview
- Table Vendor landscape
- Landscape disruption
- Table Landscape disruption
- Competitive scenario
- Overview
- Vendor analysis
- Vendors covered
- Table Vendors covered
- Vendor classification
- Table Vendor classification
- Market positioning of vendors
- Table Market positioning of vendors
- Agro Gums
- Table Agro Gums: Vendor overview
- Table Agro Gums - Business segments
- Table Agro Gums - Key offerings
- Amba Gums & Feeds Products
- Table Amba Gums & Feeds Products: Vendor overview
- Table Amba Gums & Feeds Products - Business segments
- Table Amba Gums & Feeds Products - Key offerings
- B.D. Guar
- Table B.D. Guar: Vendor overview
- Table B.D. Guar - Business segments
- Table B.D. Guar - Key offerings
- DWARKESH INDUSTRIES
- Table DWARKESH INDUSTRIES: Vendor overview
- Table DWARKESH INDUSTRIES - Business segments
- Table DWARKESH INDUSTRIES - Key offerings
- Mahesh Agro Food Industries
- Table Mahesh Agro Food Industries: Vendor overview
- Table Mahesh Agro Food Industries - Business segments
- Table Mahesh Agro Food Industries - Key offerings
- Premcem Gums
- Table Premcem Gums: Vendor overview
- Table Premcem Gums - Business segments
- Table Premcem Gums - Key offerings
- Vendors covered
- Appendix
- List of abbreviations
- Explore Technavio
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