What is Guar Complexs?
Guar Complex is a galactomannan polysaccharide derived from guar beans that thickens and stabilises food, feed, and industrial products. According to the application, the guar seeds are mechanically dehusked, hydrated, milled, and screened. It's usually made out of a free-flowing, off-white powder. Guar has extensive industrial applications as well as applications in food and pharmaceuticals market. In the industrial sector, Guar is a natural alternative to harmful chemicals that can leak into subterranean aquifers and contaminate the water supply. Whereas in the food and pharmaceutical sector the guar complex is primarily used for constipation, diarrhea, irritable bowel syndrome (IBS), high cholesterol, and high blood pressure. The development of genetic markers and tissue transformation capabilities will aid in the improvement of guar output in general and gum quality in particular, benefiting the livelihoods of marginal farmers in poor nations while also contributing to environmental health. Asia Pacific and North America are the two major markets of Guar Complex.
The market study is broken down by Type (Guar Seed, Guar Gum, Guar Meal and Others), by Application (Food and Beverages, Fracking, Textiles, Pharmaceuticals and Others) and major geographies with country level break-up.
Guar Complex offers wide range of applications in both industrial as well as food and pharmaceutical sector. The extensive use of guar complex specifically guar gum in the fracking processes of shale oil and natural gas has stimulated exponential growth in the guar complex in the recent years. Asia Pacific and North America are the two major markets of guar complex. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vikas WSP Ltd. (India), Rama industries (India), Jai Bharat Gum & Chemicals Ltd (India), Hindustan Gum & Chemicals Ltd. (India), Shree Ram Gum Chemicals Pvt. Ltd. (India), Cargill Inc. (United States), Lamberti S.p.A. (Italy), India Glycols Ltd. (India), Ashland Global Specialty Chemicals Inc. (United States), Supreme Gums Pvt. Ltd. (India) and Swastik Gum Industries (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Chemolin Chemicals (India), Alpha Chemika (India) and Remedy Labs (India).
AdvanceMarketAnalytics has segmented the market of Global Guar Complexs market by Type, Application and Region.
On the basis of geography, the market of Guar Complexs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Guar Complexs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Batory Foods, Inc., a United States based leading distributer of high quality food ingredients beverage ingredients, dairy ingredients, nutraceutical ingredients and other related products has announced acquisition of Polypro International, which distributes hydrocolloids in North America. The acquisition is expected to consolidate Batory’s market standing as the largest distributed of Procol in North America region.
- Guar Gum Accounts for Largest Market Share
- Extensive Applications in Pharmaceuticals and Food Industry
- Rising Awareness about the Potential Health Benefits Associated with Consumption of Guar
- Growing Exploration of Natural Gasses and Shale Oil
- Textiles and Pharmaceuticals may Present Opportunities to Expand
- Fluctuations in the Supply and Prices of Raw Materials may Negatively Impact Guar Complex Market
- Increasing Crude Oil Prices too has Negative Effects
- Presence of Adulterated or Contaminated Products in Market
- Competition from Other Crops such as Groundnut, Cotton and Moth
Key Target AudienceGuar Complex Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Vikas WSP Ltd. (India), Rama industries (India), Jai Bharat Gum & Chemicals Ltd (India), Hindustan Gum & Chemicals Ltd. (India), Shree Ram Gum Chemicals Pvt. Ltd. (India), Cargill Inc. (United States), Lamberti S.p.A. (Italy), India Glycols Ltd. (India), Ashland Global Specialty Chemicals Inc. (United States), Supreme Gums Pvt. Ltd. (India) and Swastik Gum Industries (India) etc.
2. Can we have customized study for Guar Complexs Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Guar Complexs Market by 2026?
Analysts at AMA estimates Guar Complexs Market to reach USD Million by 2026.