Tara gum is a natural additive, obtained by grinding the endosperm of the seeds. Tara gum, also called Peruvian carob, is a white to yellowish powder which is soluble in hot water and partially soluble in cold water. Chemically, tara gum is comprised of polysaccharides, mainly galactomannans, of high molecular weight. Tara gum is approved as a food additive by the Food Chemicals Codex and functions mainly as a thickener and stabilizer.
According to our (Global Info Research) latest study, the global Tara Gum market size was valued at US$ 24.3 million in 2023 and is forecast to a readjusted size of USD 28.9 million by 2030 with a CAGR of 2.5% during review period.
Global key players of Tara Gum include Exandal, Molinos Asociados, etc. Global top 3 companies hold a share over 40%. Europe is the largest market, with a share about 45%, followed by North America and Asia Pacific with the share about 20% respectively. In terms of product, Conventional type is the largest segment, with a share over 90%. And in terms of application, the largest application is Food & Beverages, with a share about 70%.
This report is a detailed and comprehensive analysis for global Tara Gum market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Tara Gum market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (K USD/Ton), 2019-2030
Global Tara Gum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (K USD/Ton), 2019-2030
Global Tara Gum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (K USD/Ton), 2019-2030
Global Tara Gum market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (K USD/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tara Gum
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tara Gum market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Exandal, Molinos Asociados, Silvateam, TIC Gums (Ingredion), Polygal, Ingredients Solutions, Seppic, UNIPEKTIN Ingredients, Gelymar, Argos Peru, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tara Gum market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Conventional Tara Gum
Organic Tara Gum
Market segment by Application
Food & Beverages
Pharmaceuticals
Cosmetics
Others
Major players covered
Exandal
Molinos Asociados
Silvateam
TIC Gums (Ingredion)
Polygal
Ingredients Solutions
Seppic
UNIPEKTIN Ingredients
Gelymar
Argos Peru
Colony Gums
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tara Gum product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tara Gum, with price, sales quantity, revenue, and global market share of Tara Gum from 2019 to 2024.
Chapter 3, the Tara Gum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tara Gum breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Tara Gum market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tara Gum.
Chapter 14 and 15, to describe Tara Gum sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Tara Gum. Industry analysis & Market Report on Tara Gum is a syndicated market report, published as Global Tara Gum Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Tara Gum market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.