Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Cassia
Gum Market makes an offering of in-depth analysis of segments and sub-segments
in the regional and international Cassia Gum Market. The research also
emphasizes on the impact of restraints, drivers, and macro indicators on the regional
and global Cassia Gum Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of global Cassia
Gum Market is offered. In accordance with the report, the global Cassia Gum
Market is projected to expand at a CAGR of 6.2% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
The increasing
use of Cassia Gums in organic dairy products and by other food industries globally
has led this market to advance at a moderate rate over the years. Cassia Gum is
widely used in food and beverage industry including pet food industry as a
gelling agent, hair care formulation, manufacturing industry like cosmetics,
pharmaceuticals, paper, textile etc.
Apart from the fact, that cassia gum is used in most of
the industries, some of the other reasons driving the demand for the global
Cassia Gum market is the approval of cassia gums regulation that has widely
spread to various regions like United States, Canada, Korea, Australia &
Europe adding to the global demand. Also, cassia gum is affordable, effective
and readily available. Cassia gum is being used as a thickener, foam
stabilizer, emulsifier, moisture retention agent, texturizing agent etc.
However, there are restraints for Cassia Gum market like
alternatives at a lower price and dependence of farmers producing Cassia Gum on
monsoons. Guar Gum is used as an alternate of Cassia Gum, which is less
expensive and readily available in the market. Also, there are no explicit
rules and standards, with regards to both the production and processing stage,
due to which the quality of Cassia gum is hampered.
India & China are the major producers and suppliers
of Cassia Gum. The demand for Cassia gum market by North America, Europe &
Japan is increasing. Currently North America is the highest consumer holding
30% of the market share followed by the European countries. The demand is
driven by the various uses of Cassia gum in varied industries but mainly
attributed to oil and petroleum, mining in the region.
Segment Covered:
This market
intelligence report on the global Cassia Gum Market encompasses market segments
based on product type, industry and country.
In terms of product type, the global Cassia Gum Market is segregated
into
§ Food Grade
§ Pharmaceuticals Grade
§ Animal Food
o Dog Food
Ø Wet / Canned
Ø Semi Moist
Ø Dry
o Cat Food
Ø Wet / Canned
Ø Semi Moist
Ø Dry
o Animal Feed
Ø Cow Feed
Ø Bird Feed
§ Dairy & Confectionary Products
§ Meat Products
§ Bakery Products
§ Instant Mix
§ Other
By Industry, the global Cassia Gum Market is also
classified into,
§ Cosmetics
o
Soap
o
Gel
o
Shampoo
o
Hair Oil
§ Pharmaceuticals
o
Paste
o
Drugs
o
Medicine
§ Paper Industry
§ Textile Industry
§ Chemical Processing
o
Water Treatment
o
Synthetic Resins
o
Ceramics
§ Mining, Oil & Gas
§ Others
By country/region, the global Cassia Gum Market has been divided
into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Agro Herb Gums
§ Amba Gums & Feeds Products
§ B.D Guar
§ Dwarkesh Industries
§ Mahesh Agro Food Industries
§ Premcem Gums
§ Avlast Hydrocolloids
§ Altrafine Gums
§ Raj Gums
§ H.B Gums
§ JD Gums
§ Babulal Sarabhai
§ Fooding Group Limited
§ Jinan Farming Star Import & Export Co. Ltd
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Cassia Gum related investment & spending and
developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2019-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Cassia Gum
Market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking
into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Cassia Gum Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Agro Herb Gums, Amba
Gums & Feeds Products, B.D Gaur, Dwarkesh Industries, Mahesh Agro Food
Industries, Premcem Gums, Avlast Hydrocolloids, Altrafine Gums, Raj Gums, H.B.
Gums, JD Gums, Babulal Sarabhai, Fooding Group Limited, Jinan Farming Star
Import & Export Co. Ltd among others.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Cassia Gum Market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Cassia
Gum Market. The research also caters to the rising needs
of consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Cassia Gum Market
v
Identification
of key factors driving investment opportunities in the Cassia Gum Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants