The cassia gum market is booming due to its role as a
natural thickener and stabilizer in plant-based and vegan foods.
Driven by health-conscious consumers and the demand for clean-label
products, cassia gum is gaining popularity as a substitute for
artificial additives. The market is expected to see significant
growth, particularly in the food and beverage industry.
NEWARK,
Del., May 14, 2024 /PRNewswire/ -- To enhance
the overall texture of various kinds of desserts and food, cassia
gum is required widely in the food and beverage sector. In light of
this demand, the cassia gum market is valuation
will reach US$ 33.2 billion by
2034, garnering a 7.60% CAGR from 2024 to 2034.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-839
Organic and plant-based products are the reason for the
continued growth of cassia gum as one of the fastest growing
markets. Health-conscious consumers are increasingly looking for
natural substitutes to fill the place for artificial and chemical
additives. This arises from their transparent dietary needs.
This cassia gum is a perfect solution made of the seeds of the
cassia tree. It provides a "clean-label" solution used for
thickening, stabilizing, and gelling applications, which tends to
keep food manufacturers' products close to their target markets
around the globe.
Companies that use cassia gums in the food and beverage industry
have an edge in plant-based and vegan goods as the market demands
these goods grow. Companies may create a variety of food and
beverages for vegetarians, including sweet treats, dairy
alternatives, and meat substitutes, by adding cassia to the
creation of their products.
Besides being naturally a thickening and stabilizing factor,
cassia gum provides an extremely appealing alternative to animal
refinements, usually slime or gelatin. With this, providers gain a
growing market group of environmentally conscious shoppers who are
health sensitive and product and treatment of animals while looking
for cruelty-free products.
Report Scope:
Report
Attribute
|
Details
|
Growth
Rate
|
CAGR of 7.60% from 2024
to 2034
|
Market value in
2024
|
US$ 15.94
billion
|
Market value in
2034
|
US$ 33.2
billion
|
Base Year for
Estimation
|
2023
|
Historical
Data
|
2018 to 2023
|
Forecast
Period
|
2024 to 2034
|
Quantitative
Units
|
US$ billion for
value
|
Report
Coverage
|
Revenue Forecast,
Company Ranking, Competitive Landscape, Growth Factors, Trends, and
Pricing Analysis
|
Segments
Covered
|
By
Application:
- Food and Beverages
-
- Animal Food
- Dog Food
- Cat Food
- Animal Feed
- Dairy and Confectionary Products
- Meat Products
- Instant Mix
- Manufacturing Segment
-
- Cosmetics
- Pharmaceuticals
- Paper Industry
- Textile Industry
- Chemical Processing
- Others
By
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
|
Countries
Profiled
|
- The United States
- Canada
- Brazil
- Mexico
- Germany
- The United Kingdom
- France
- Spain
|
- Italy
- Poland
- Russia
- Czech Republic
- Romania
- India
- Bangladesh
- Australia
|
- New Zealand
- China
- Japan
- South Korea
- GCC Countries
- South Africa
- Israel
|
Key Coverage in
Cassia Gum Market Report
|
- Applications of cassia gum in various
industries
- Cassia gum market trends
- Demand for cassia gum in gluten-free and
vegan food formulations
- Regulations on cassia gum labeling and food
safety standards
- Impact of technological advancements on
cassia gum extraction and processing
- Cassia gum in the pharmaceutical
industry
- Cassia gum in the cosmetics and personal care
industry
- Cassia Gum Producing Countries
- Cassia Gum Export and Import Regulations
- Impact of Climate Change on Cassia Gum
Production
- The Role of Cassia Gum in Organic Food
Manufacturing
- Emerging Markets for Cassia Gum
Applications
- Strategies to Mitigate Supply Chain
Disruptions in the Cassia Gum Market
- Comparison of Cassia Gum vs. Other Thickening
Agents
- Growing Demand for Natural Ingredients in
Food and Pharmaceuticals
- Increasing Use of Cassia Gum in Gluten-Free
Products
- Rising Consumer Interest in Organic and
Clean-Label Products
- Impact of e-commerce on Cassia Gum
Distribution
|
Key Takeaways from the Market Analysis
- In 2019, the demand for cassia gum garnered US$ 11.32 billion
- The cassia gum market acquired a 5.60% CAGR during the
historical period.
- The cassia gum industry in Germany will garner a 4.60% CAGR over the
forecast period.
- These gums' food and beverage applications will likely acquire
a 39.8% market share in 2024.
"In the food and beverage industry, startups can benefit from
cassia gum's natural and clean-label qualities. Startups may
attract health-conscious customers looking for clean ingredient
lists by emphasizing their plant-based origin and lack of
artificial chemicals," says Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.).
Competitive Landscape
Significant players in the food and beverage industry use Cassia
gum effectively to investigate its potential as a natural
stabilizing, thickening, and gelling agent. New formulations are
being developed to increase mouthfeel, texture, and shelf life in
various food products, including dairy, baked goods, and meat
applications.
By adopting cassia gum as a natural substitute for artificial
additives, these companies also concentrate on meeting customer
demands for clean-label ingredients and appealing to consumers
concerned about their health.
Cassia gum startups are using agility and precise knowledge to
outperform the competition. They highlight innovative uses, such as
cassia gum as a natural binder in the pet food sector. Startups
also use ethical sourcing and sustainability to differentiate
themselves from the competition.
By highlighting these features, they draw in customers who care
about the environment. Lean operations and flexible manufacturing
processes are frequently adopted by startups, which enables them to
adjust to market demands and provide competitive pricing
swiftly.
Key Development
Market
Player
|
Offerings
|
Altrafine
Gums
|
- Altrafine Gums is a
guar gum, fenugreek gum, and other product exporter based at GIDC
Vatwa, Ahmedabad, India.
- Altrafine Gums has
added high-tech gear and equipment, such as hoppers, grinders,
flakes, and turbo screens, to its enhanced
infrastructure.
- The firm also
employs energy-efficient processing equipment and precision farming
to increase the sustainability of its guar gum output.
|
Purchase now and gain full access to the Cassia
Gum Industry report, featuring comprehensive Market Forecast,
Company Share Analysis, Competition Intelligence, DROT Analysis,
Market Dynamics and Challenges, and Strategic Growth
Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the
cassia gum market, providing historical data for 2019 to 2022 and
forecast statistics from 2023 to 2033.
To understand opportunities in the cassia gum market, the market
is segmented based on application (food and beverages, animal food,
dog food, cat food, animal feed, dairy and confectionary products,
meat products, instant mix, manufacturing segment, cosmetics,
pharmaceuticals, paper industry, textile industry, chemical
processing, others), and region (North
America, Latin America,
Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East & Africa).
About the Food and Beverage Domain at Future Market
Insights
The food and beverage domain at Future Market Insights offers
expert analysis, time-efficient research, and strategic
recommendations with the objective to provide authentic insights
and accurate results to help clients worldwide. With a repertoire
of over 100+ reports and 1 billion+ data points, the team has been
analyzing the market lucidly in 50+ countries for over a decade.
The team provides a brief analysis on key trends including
competitive landscape, profit margin, and research development
efforts.
About the Author:
Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.) has 7+ years of management consulting
experience. She advises industry leaders and explores off-the-eye
opportunities and challenges. She puts processes and operating
models in place to support their business objectives.
She has exceptional analytical skills and often brings thought
leadership to the table.
Nandini has vast functional expertise in key niches, including
but not limited to food ingredients, nutrition & health
solutions, animal nutrition, and marine nutrients. She is also
well-versed in the pharmaceuticals, biotechnology, retail, and
chemical sectors, where she advises market participants to develop
methodologies and strategies that deliver results. Another feather
to her cap manifests in the form of process automation. She is
vocal about bringing automation to the fore to bring a
360-degrees-round revolution in manufacturing sector
Her core expertise lies in corporate growth strategy, sales and
marketing effectiveness, acquisitions and post-merger integration
and cost reduction. Nandini has an MBA in Finance from MIT School
of Business. She also holds a Bachelor's Degree in Electrical
Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in
journals including Beverage Industry, Bloomberg, and Wine Industry
Advisor.
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