Global Guar Market Overview:
Guar, also known as cluster bean, is a drought-resistant leguminous crop used primarily as a vegetable, green fodder, and green manure, as well as for its seeds for the commercial extraction of guar gum. It grows best in dry and semi-arid areas with high temperatures, but it can also thrive in sub-humid environments, from sea level to 1000 meters above sea level. Although India and Pakistan are the main producers of guar, the crop is also grown in a number of other nations. The major reason for the rise in guar demand is related to guar gum. The Asia Pacific is the largest market for guar due to the large production of guar. As per latest study released by AMA Research, the Global Guar market is expected to see growth rate of 4.1%
|Value (USD Million)
|High Growth Market
|Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility
- Need Of Guar in Manufacture of Guar Gum
- Growing Consumption of Guar as A Food Product
- Availability Of Alternatives to Guar in Cattle Feed
- Growing Consumption of Guar in Industrial Products Will Boost
- Increasing Consumption of Guar in Baked Goods Will Increase Its Demand
- Guar Can Only Be Grown in Specific Areas
- Guar Is Not the Part of Diet in Many Countries
Guar production is largely based in Northern India due to suitable climate conditions. Supply chain management is very crucial in this market as it drastically affects the guar prices. Import and Export of Guar are dependent on what agricultural policy of the government is. Focusing on B2B rather than B2C could be a good opportunity in this market.
Some of the key players profiled in the report are Mahashakti Enterprises (India), R. Champalal & Sons (India), Quality Agro Industries (India), Gujarat Seeds Company (India), Ajinkya Seeds Pvt. Ltd. (India), Madurai Meenakshi Food Products (India), The Counts India (India) and Mohan Impex (India). Considering Market by Nature, the sub-segment i.e. Organic will boost the Guar market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Guar market.
Land concerns are typically under the authority of the different state governments, according to Malaysia's Federal Constitution (the Constitution). The Constitution, on the other hand, expressly allows federal legislation to apply to ensure consistency of law and policy in certain elements of land affairs. Malaysia's federal land legislation comprises the following: within Peninsular Malaysia and Labuan, the National Land Code 1965 (NLC), which covers regulations pertaining to land and land tenure, the registration of title to land, and transactions with the land; among other things mentioned in the legislation.
What Can be Explored with the Guar Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Guar Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Guar
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Guar market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Guar market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Guar Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.