India Guar Gum Market- Trend Analysis & Forecasts
Description
India Guar Gum Market Overview:
India produced over 80% of the world’s guar gum in 2023, with output reaching several million tonnes and a market value of **US$ ** billion. Guar gum, derived from guar seeds, is a vital thickening and stabilizing agent used globally in food, oil & gas, and pharmaceuticals. India’s dominance is supported by large cultivation in Rajasthan, Haryana, and Gujarat, competitive processing capacity, and export orientation. Despite strong fundamentals, the market is cyclical, influenced by oil & gas sector demand, global trade dynamics, and price volatility.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India guar gum market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The oil & gas sector, especially hydraulic fracturing in the U.S., drives the bulk of India’s guar gum exports, consuming 50–60% of shipments. Rising global preference for natural and organic additives boosts demand in food & beverage (gluten-free products, sauces, ice creams), while cosmetics and pharmaceuticals use guar gum for binding and thickening. Emerging uses in paper, mining explosives, and bioplastics, along with government incentives for guar farming and improved seed technologies, support long-term growth.
Market Restraints & Challenges
Production is highly monsoon-dependent, making yields and supply unpredictable. Heavy export dependence exposes the industry to geopolitical tensions, trade barriers, and global oil price cycles, which directly affect fracking demand. Competition from synthetic alternatives and limited value addition in processing restrict market potential. Domestic awareness of guar gum’s industrial uses remains low, while price swings—ranging from ₹53/kg in 2020 to peaks of ₹126/kg in 2024—create uncertainty for farmers and processors.
Market Segmentation
Key end-use sectors include food & beverage, where guar gum enhances texture and shelf life; oil & gas, using it as a viscosifier for fracking; pharmaceuticals, where it acts as a binder and disintegrant; and cosmetics, where it conditions and thickens creams, shampoos, and lotions. Other uses span paper manufacturing (strength and binding) and mining explosives (stability and water binding). Domestic use accounts for 10–15% of production, while exports dominate the rest.
Competitive Landscape
The market is fragmented but led by major exporters such as Vikas WSP, Lucid Colloids, Rajasthan Gum, Ashland, Agro Gums, India Glycols, Supreme Gums, Hindustan Gum & Chemicals, Rama Gum Industries, Sunita Hydrocolloids, Dabur India, Neelkanth Polymers, and others. Large processors leverage scale, technology, and certifications to serve premium global buyers, while SMEs focus on niche organic and specialty guar products. Branding, long-term contracts, and processing innovation are key differentiators.
Outlook
India’s guar gum industry is set for steady growth through 2030, supported by expanding oil & gas exploration, clean-label food demand, and innovations in value-added guar products. Investments in modern processing, cold storage, logistics, and digital supply chain management will reduce inefficiencies and boost profitability. Market diversification beyond oil & gas, stronger branding for food- and pharma-grade guar, and support for farmers with technology and finance can help India maintain global leadership and stabilize price volatility.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By End-use (Oil & Gas, Food & Beverages, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics)
By Grade (Food Grade, Industrial Grade, and Others)
By Sales (Domestic Sale and Exports)
• Companies Profiled: The market players include, Vikas WSP Limited, Rajasthan Gum Private Limited, Ashland Inc., Lucid Colloids Limited, Agro Gums, India Glycols Limited, Supreme Gums Private Limited, Global Gums & Chemicals Pvt. Ltd., Ruchi Soya Industries, Rama Gum Industries, Sunita Hydrocolloids, Jai Bharat Gum and Chemicals Ltd., Hindustan Gum & Chemicals Ltd., Altrafine Gums, Neelkanth Polymers, Shree Ram Industries, Dabur India Ltd., Lucid Group, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
India produced over 80% of the world’s guar gum in 2023, with output reaching several million tonnes and a market value of **US$ ** billion. Guar gum, derived from guar seeds, is a vital thickening and stabilizing agent used globally in food, oil & gas, and pharmaceuticals. India’s dominance is supported by large cultivation in Rajasthan, Haryana, and Gujarat, competitive processing capacity, and export orientation. Despite strong fundamentals, the market is cyclical, influenced by oil & gas sector demand, global trade dynamics, and price volatility.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the India guar gum market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The oil & gas sector, especially hydraulic fracturing in the U.S., drives the bulk of India’s guar gum exports, consuming 50–60% of shipments. Rising global preference for natural and organic additives boosts demand in food & beverage (gluten-free products, sauces, ice creams), while cosmetics and pharmaceuticals use guar gum for binding and thickening. Emerging uses in paper, mining explosives, and bioplastics, along with government incentives for guar farming and improved seed technologies, support long-term growth.
Market Restraints & Challenges
Production is highly monsoon-dependent, making yields and supply unpredictable. Heavy export dependence exposes the industry to geopolitical tensions, trade barriers, and global oil price cycles, which directly affect fracking demand. Competition from synthetic alternatives and limited value addition in processing restrict market potential. Domestic awareness of guar gum’s industrial uses remains low, while price swings—ranging from ₹53/kg in 2020 to peaks of ₹126/kg in 2024—create uncertainty for farmers and processors.
Market Segmentation
Key end-use sectors include food & beverage, where guar gum enhances texture and shelf life; oil & gas, using it as a viscosifier for fracking; pharmaceuticals, where it acts as a binder and disintegrant; and cosmetics, where it conditions and thickens creams, shampoos, and lotions. Other uses span paper manufacturing (strength and binding) and mining explosives (stability and water binding). Domestic use accounts for 10–15% of production, while exports dominate the rest.
Competitive Landscape
The market is fragmented but led by major exporters such as Vikas WSP, Lucid Colloids, Rajasthan Gum, Ashland, Agro Gums, India Glycols, Supreme Gums, Hindustan Gum & Chemicals, Rama Gum Industries, Sunita Hydrocolloids, Dabur India, Neelkanth Polymers, and others. Large processors leverage scale, technology, and certifications to serve premium global buyers, while SMEs focus on niche organic and specialty guar products. Branding, long-term contracts, and processing innovation are key differentiators.
Outlook
India’s guar gum industry is set for steady growth through 2030, supported by expanding oil & gas exploration, clean-label food demand, and innovations in value-added guar products. Investments in modern processing, cold storage, logistics, and digital supply chain management will reduce inefficiencies and boost profitability. Market diversification beyond oil & gas, stronger branding for food- and pharma-grade guar, and support for farmers with technology and finance can help India maintain global leadership and stabilize price volatility.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By End-use (Oil & Gas, Food & Beverages, Paper Manufacturing, Mining & Explosives, Pharmaceuticals & Cosmetics)
By Grade (Food Grade, Industrial Grade, and Others)
By Sales (Domestic Sale and Exports)
• Companies Profiled: The market players include, Vikas WSP Limited, Rajasthan Gum Private Limited, Ashland Inc., Lucid Colloids Limited, Agro Gums, India Glycols Limited, Supreme Gums Private Limited, Global Gums & Chemicals Pvt. Ltd., Ruchi Soya Industries, Rama Gum Industries, Sunita Hydrocolloids, Jai Bharat Gum and Chemicals Ltd., Hindustan Gum & Chemicals Ltd., Altrafine Gums, Neelkanth Polymers, Shree Ram Industries, Dabur India Ltd., Lucid Group, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
152 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. Evolution/ Origin & Geographic/Agronomic Suitability
- 3.2. Guar Crop Seasonality
- 3.3. Processing & Grading
- 3.4. Guar Gum Uses & Application Areas
- 3.5. Regulatory Analysis
- 4. India: Country Profile
- 5. Global Guar Gum Market: An Overview
- 6. India Guar Gum & Products Market Growth Factors Analysis
- 6.1. Drivers and Restraints Analysis
- 6.2. Challenges and Opportunities Analysis
- 6.3. India Guar Gum Industry SWOT Analysis
- 6.4. India Guar Gum Market PESTEL Analysis
- 6.5. India Guar Gum Market Porter's Five Forces analysis
- 7. India Guar Gum Market: Supply-Demand Analysis
- 7.1. India Guar Supply Analysis (Area & Production)
- 7.2. Guar Gum Supply Analysis
- 7.3. India Guar Gum Cost of Production Details
- 7.4. Domestic Consumption
- 7.5. Domestic Processing
- 7.6. Export Demand
- 7.7. Guar Gum Supply Chain Analysis
- 7.8. Guar Gum Product Variants
- 8. India Guar Gum Market: Segmentation Analysis
- 8.1. By Grade
- 8.1.1. Food Grade
- 8.1.2. Industrial Grade
- 8.1.3. Other Grades
- 8.2. By End-use
- 8.2.1. Oil & Gas
- 8.2.2. Food & Beverages
- 8.2.3. Paper Manufacturing
- 8.2.4. Mining & Explosives
- 8.2.5. Pharmaceuticals & Cosmetics
- 8.3. By Sales Channel
- 8.3.1. Domestic Consumption
- 8.3.2. Exports
- 9. India Guar Gum Market: Trade (Export & Import) Analysis
- 9.1. Guar Gum Export Trend Analysis
- 9.2. Top 10 Export Destinations of India Guar Gum
- 9.3. Analysis on Countries Importing Guar Gum from India
- 9.4. Top 10 Importers of Guar Gum in India (Value & Volume)
- 9.5. Top 10 Exporters of Guar Gum from India (Value & Volume)
- 9.6. List of Key Companies Exporting Guar Gum (Sellers)
- 9.7. List of Key Companies Importing Guar Gum (Overseas Buyers)
- 10. India Guar Gum Market: Price Trend Analysis
- 10.1. Domestic Price Trend
- 10.2. Trade Price Trend
- 10.3. Price Seasonality & Price Pattern Analysis
- 10.4. Price Events Analysis
- 11. Competitive Analysis
- 11.1. India Guar Gum Market Mapping
- 11.2. Company Profiles
- 11.2.1. Vikas WSP Limited
- 11.2.2. Rajasthan Gum Private Limited
- 11.2.3. Ashland Inc.
- 11.2.4. Lucid Colloids Limited
- 11.2.5. Agro Gums, India Glycols Limited
- 11.2.6. Supreme Gums Private Limited
- 11.2.7. Global Gums & Chemicals Pvt. Ltd.
- 11.2.8. Ruchi Soya Industries
- 11.2.9. Rama Gum Industries
- 11.2.10. Sunita Hydrocolloids
- 11.2.11. Jai Bharat Gum and Chemicals Ltd.
- 11.2.12. Hindustan Gum & Chemicals Ltd.
- 11.2.13. Altrafine Gums
- 11.2.14. Neelkanth Polymers
- 11.2.15. Shree Ram Industries
- 11.2.16. Dabur India Ltd.
- 11.2.17. Lucid Group
- *Each company profile includes Company Business Overview, Primary Business Activities, Products Offered, SWOT Analysis, and relevant other relevant details.
- 12. Conclusion & Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.