Global Cassia Gum Market Analysis & Forecast, 2018-2022 - More Than 6% CAGR is Anticipated
Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Cassia Gum Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The cassia gum market is forecast to grow at a CAGR of more than 6% by 2022.
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.
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.
Competitive Landscape
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.
Key Players
- Agro Gums
- Amba Gums & Feeds Products
- B.D. Guar
- Dwarkesh Industries
- Mahesh Agro Food Industries
- Premcem Gums
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- the of new entrants
- Threat of substitutes
- especially of rivalry
- Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Global cassia gum market by food industry - Market size and forecast 2017-2022
- Global cassia gum market by industrial manufacturing - Market size and forecast 2017-2022
- Global cassia gum market by others - Market size and forecast 2017-2022
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical dairy
- Regional comparison
- Cassia gum market in the Americas - Market size and forecast 2017-2022
- Cassia gum market in EMEA - Market size and forecast 2017-2022
- Cassia gum market in APAC - Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Fluctuating crude oil prices
- Increasing organic dairy products
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agro Gums
- Amba Gums & Feeds Products
- B.D. Guar
- Dwarkesh Industries
- Mahesh Agro Food Industries
- Premcem Gums
For more information about this report visit https://www.researchandmarkets.com/research/k8t6d5/global_cassia_gum?w=12
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