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Food Gum Trends and Forecast
The future of the global food gum market looks promising with opportunities in the processed food beverage, bakery confectionery, and dairy product markets. The global food gum market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growth in the usage of food gum in dairy and pastry goods, rise in the consumption of fast food items like pizza and burgers, along with the fast food expenditures among millennials have surged with the introduction and rapid expansion of quick service restaurants (QSRs).
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Gum by Segment
The study includes a forecast for the global food gum by type, source, distribution channel, application, and region.
Food Gum Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Xanthan Gum
• Guar Gum
• Arabic Gum
• Carboxymethyl Cellulose
• Gellan Gum
• Others
Food Gum Market by Source [Shipment Analysis by Value from 2018 to 2030]:
• Thickener
• Stabilizer
• Gelling Agent
Food Gum Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Direct
• Indirect
Food Gum Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Processed Food & Beverage
• Bakery & Confectionery
• Dairy Products
• Others
Food Gum Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Food Gum Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food gum companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food gum companies profiled in this report include-
• CP Kelco
• Deosen Biochemical
• TIC Gums
• Vanderbilt Minerals
• Royal DSM
• Fufeng Group
• Dabur
• Cargill
• Archer Daniels Midland Company
• Jungbunzlauer
Food Gum Market Insights
Lucintel forecasts that guar gum is expected to witness highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period due to rapidly growing populations and urbanization in the region.
Features of the Global Food Gum Market
Market Size Estimates: Food gum market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food gum market size by type, source, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Food gum market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, source, distribution channel, application, and regions for the food gum market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food gum market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for food gum market?
Answer: The global food gum market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the food gum market?
Answer: The major drivers for this market are growth in the usage of food gum in dairy and pastry goods, rise in the consumption of fast food items like pizza and burgers, along with the fast food expenditures among millennials have surged with the introduction and rapid expansion of quick service restaurants (QSRs).
Q3. What are the major segments for food gum market?
Answer: The future of the global food gum market looks promising with opportunities in the processed food beverage, bakery confectionery, and dairy product markets.
Q4. Who are the key food gum market companies?
Answer: Some of the key food gum companies are as follows:
• CP Kelco
• Deosen Biochemical
• TIC Gums
• Vanderbilt Minerals
• Royal DSM
• Fufeng Group
• Dabur
• Cargill
• Archer Daniels Midland Company
• Jungbunzlauer
Q5. Which food gum market segment will be the largest in future?
Answer: Lucintel forecasts that guar gum is expected to witness highest growth over the forecast period.
Q6. In food gum market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapidly growing populations and urbanization in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the food gum market by type (xanthan gum, guar gum, arabic gum, carboxymethyl cellulose, gellan gum, and others), source (thickener, stabilizer, and gelling agent), distribution channel (direct and indirect), application (processed food & beverage, bakery & confectionery, dairy products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Food Gum Market, Food Gum Market Size, Food Gum Market Growth, Food Gum Market Analysis, Food Gum Market Report, Food Gum Market Share, Food Gum Market Trends, Food Gum Market Forecast, Food Gum Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Food Gum Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Food Gum Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Food Gum Market by Type
3.3.1: Xanthan Gum
3.3.2: Guar Gum
3.3.3: Arabic Gum
3.3.4: Carboxymethyl Cellulose
3.3.5: Gellan Gum
3.3.6: Others
3.4: Global Food Gum Market by Source
3.4.1: Thickener
3.4.2: Stabilizer
3.4.3: Gelling Agent
3.5: Global Food Gum Market by Distribution Channel
3.5.1: Direct
3.5.2: Indirect
3.6: Global Food Gum Market by Application
3.6.1: Processed Food & Beverage
3.6.2: Bakery & Confectionery
3.6.3: Dairy Products
3.6.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Food Gum Market by Region
4.2: North American Food Gum Market
4.2.2: North American Food Gum Market by Application: Processed Food & Beverage, Bakery & Confectionery, Dairy Products, and Others
4.3: European Food Gum Market
4.3.1: European Food Gum Market by Type: Xanthan Gum, Guar Gum, Arabic Gum, Carboxymethyl Cellulose, Gellan Gum, and Others
4.3.2: European Food Gum Market by Application: Processed Food & Beverage, Bakery & Confectionery, Dairy Products, and Others
4.4: APAC Food Gum Market
4.4.1: APAC Food Gum Market by Type: Xanthan Gum, Guar Gum, Arabic Gum, Carboxymethyl Cellulose, Gellan Gum, and Others
4.4.2: APAC Food Gum Market by Application: Processed Food & Beverage, Bakery & Confectionery, Dairy Products, and Others
4.5: ROW Food Gum Market
4.5.1: ROW Food Gum Market by Type: Xanthan Gum, Guar Gum, Arabic Gum, Carboxymethyl Cellulose, Gellan Gum, and Others
4.5.2: ROW Food Gum Market by Application: Processed Food & Beverage, Bakery & Confectionery, Dairy Products, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Food Gum Market by Type
6.1.2: Growth Opportunities for the Global Food Gum Market by Source
6.1.3: Growth Opportunities for the Global Food Gum Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Food Gum Market by Application
6.1.5: Growth Opportunities for the Global Food Gum Market by Region
6.2: Emerging Trends in the Global Food Gum Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Food Gum Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Food Gum Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: CP Kelco
7.2: Deosen Biochemical
7.3: TIC Gums
7.4: Vanderbilt Minerals
7.5: Royal DSM
7.6: Fufeng Group
7.7: Dabur
7.8: Cargill
7.9: Archer Daniels Midland Company
7.10: Jungbunzlauer
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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