PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1516095
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1516095
Guar complex market size is estimated to witness over 3.3% CAGR between 2024 and 2032, driven by the escalating demand in various industries, particularly in the food & beverage (F&B), oil & gas, and pharmaceuticals sectors.
Guar gum is widely used as a natural thickener, emulsifier and stabilizer in dairy products, sauces, baked goods, and other foods to cater to the growing consumer base of clean and natural labels. As a soluble dietary fiber, guar gum aids digestion, its helps regulate blood sugar levels and promote a feeling of fullness, making it a popular choice in nutrition and functional foods. For instance, in May 2023, Nestle India launched Resource Fiber Choice for gut health.
The growing shift towards health and wellness, coupled with the rise of lifestyle-related health issues are also driving the consumer demand for products with natural fibers. Developments in guar cultivation and processing technologies for improved yields and making guar-based products more accessible and cost-effective will add to the product demand.
The guar complex industry is segmented into type, form, application, distribution channel and region.
Based on type, the market size from the guar meal segment is poised to witness significant CAGR from 2024 to 2032 due to its high nutritional value and increasing demand as a cost-effective, protein-rich animal feed. Guar meal, a by-product of guar gum production, contains high amounts of protein and is a good source of fibre, emerging as an ideal feed for livestock, poultry, and aquaculture. Rising usage in animal feed to improve feed efficiency, growth, and the overall health of animals, which is of particular interest to farmers and feed manufacturers wanting to improve their operations, will drive the product demand.
Guar meal industry from the granules form segment will generate notable revenue during 2024-2032 owing to its versatility and ease of use across various industries, particularly in food processing, pharmaceuticals, and personal care. Guar granules provide a convenient method of transport and storage, as well as retain the functional properties of guar, such as thickening, thickening, and emulsifying. They are also widely used in ingredients like soup sauces and bakery products in the food sector due to their texture and shelf life.
Europe guar complex industry is slated to witness decent growth rate through 2032, attributed to the growing demand for natural and sustainable ingredients. Strict EU regulations for promoting clean labels and sustainable sourcing practices have led to the popularity of guar gum as a natural alternative to additives. Growing awareness about the health benefits of guar-based products, such as dietary fiber and plant-based protein is further fueling the regional market growth.