Cassia gum is a food additive produced from an endosperm known as cassia tora. It is widely demanded and used by user as a food additives in the pet food industry, and it also finds applications as a thickener and emulsifier in the food and beverages, personal care, pharmaceutical, and cosmetics industries. It is commercially available in the powder form and is mainly used in the manufacture of canned pet foods, food for cats and dogs.
The global cassia gum market has witnessed significant growth in recent past years, owing to the rising health concerns among consumers, which, in turn, has resulted the rise in the demand for healthy food products. The surge in demand for emulsifying agents, gelling agents, and food additives in the food and beverages industry is expected to foster the demand for cassia gum in the next few years.
Cassia gum is widely used in various application industries such as meat, pet food and feed, beverages, and others, owing to its superior viscosity and gelling properties. Cassia gum prevents the separation of proteins and fats in dairy products, on account of which it is used as an alternative for gelatin jelly in dairy products. This scenario is anticipated to provide lucrative growth opportunities for the market in the coming years.
- Key features of the study:
- This report provides an in-depth analysis of the global cassia gum market size (US$15.3 Million in 2022), and Compound Annual Growth Rate (CAGR 6.1%) for the forecast period (2023 - 2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global cassia gum market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- The key companies covered as a part of this study include Agro Gums, Avlast Hydrocolloids, Altrafine Gums, H. B. Gum Industries Private Ltd, Premcem Gums Pvt. Ltd., Agro Herb Gums, JD Gums And Chemicals, Dwarkesh Industries, Fooding Group Limited, Amba Gums & Feeds Products, and The Lubrizol Corporation
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product type up-gradation, market expansion, and marketing tactics
- The global cassia gum market report caters to various stakeholders in this industry including investors, suppliers, global cassia gum manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cassia gum market
Detailed Segmentation:
- Global Cassia Gum Market, By Application
- Food and Beverage
- Dairy Products and Confectionery Products
- Meat Products
- Instant Mix
- Animal Food
- Dog Food
- Cat Food
- Animal Feed
- Manufacturing Industry
- Cosmetics
- Pharmaceuticals
- Paper Industry
- Textile Industry
- Chemical Processing
- Others
- Global Diabetic Food Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Agro Gums
- Avlast Hydrocolloids
- Altrafine Gums
- Gum Industries Private Ltd
- Premcem Gums Pvt. Ltd.
- Agro Herb Gums
- JD Gums and Chemicals
- Dwarkesh Industries
- Fooding Group Limited
- Amba Gums & Feeds Products
- The Lubrizol Corporation
