Global Carob Bean Gum Market Growth 2023-2029

Global Carob Bean Gum Market Growth 2023-2029

Product Code:465475

Published Date: Jan 07,2023

Pages: 103

Region: Global

Category: Chemical & Material

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

Carob bean gum, also known as locust bean gum, is a hydrocolloid used in food as a thickener, stabilizer and emulsifier. Carob bean gum is the ground endosperm of the seeds of the carob tree.The Carob Bean Gum industry can be broken down into several segments, Food Grade, Petfood Grade, etc. Across the world, the major players cover DuPont, LBG Sicilia Ingredients, Carob, S. A., INCOM A. Ş., GA Torres, GKM CO., Industrial Farense, Carob Ingredient, Polygal AG, etc.

LPI (LP Information)' newest research report, the “Carob Bean Gum Industry Forecast” looks at past sales and reviews total world Carob Bean Gum sales in 2022, providing a comprehensive analysis by region and market sector of projected Carob Bean Gum sales for 2023 through 2029. With Carob Bean Gum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carob Bean Gum industry.

This Insight Report provides a comprehensive analysis of the global Carob Bean Gum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carob Bean Gum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carob Bean Gum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carob Bean Gum and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carob Bean Gum.

The global Carob Bean Gum market size is projected to grow from US$ 355.1 million in 2022 to US$ 288.9 million in 2029; it is expected to grow at a CAGR of 288.9 from 2023 to 2029.

Global key players of carob bean gum include DuPont, LBG Sicilia Ingredients, Carob, S. A., etc. Global top three manufacturers hold a share over 60%. The key players are mainly located in North America, Europe and Mid East & Africa. In terms of product, food grade is the largest segment, with a share over 95%. And in terms of application, the largest application is dairy & frozen desserts, with a share over 47%. 
This report presents a comprehensive overview, market shares, and growth opportunities of Carob Bean Gum market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Food Grade
    Petfood Grade

Segmentation by application
    Bakery
    Meat, Poultry & Seafood
    Sauces & Dressings
    Dairy & Frozen Desserts
    Petfood
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    DuPont
    LBG Sicilia Ingredients
    Carob, S.A
    INCOM A.Ş.
    TIC Gums
    GA Torres
    CP Kelco
    CEAMSA
    AEP Colloids
    Gumix International

Key Questions Addressed in this Report
What is the 10-year outlook for the global Carob Bean Gum market?
What factors are driving Carob Bean Gum market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Carob Bean Gum market opportunities vary by end market size?
How does Carob Bean Gum break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?