Tara Gum Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2025

 Tara Gum Market Overview

Tara Gum Market size was valued as $325.3 million in 2019 and is poised to grow at a CAGR of 3.6% during the forecast period 2020-2025. Tara Gum is a hydrocolloid derived from a leguminous tree, which is found in Peru. Tara is also known as Caesalpinia Spinoza. Tara gum is a powder of the endosperm of the seeds of the Tara. Where this powder is soluble in hot water and is yellowish in color. The powder is moderately soluble in the cold water.


The demand for the Tara gum as Food Chemical Codex has approved it as a food additive. It is a natural ingredient and used in making ice cream, cheese, bakery products, sauces and dressings, desserts, yogurt, baby food, and ready soups. Another driving market factor is the rise in the price of the guar gum which has given an opening to the market of the Tara gum. Tara gum has been considered and accepted as the closest substitute of the guar gum. 


Tara Gum Market Report Coverage
The report: “Tara Gum Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Tara Gum Market. 
By Type : Low Viscosity Tara Gum, Medium Viscosity Tara Gum, High Viscosity Tara Gum
By Application : Food & Beverages, Pharmaceuticals, Personal Care, Animal Feeds, and Others
By  Geography: North America, Asia-Pacific, Europe, and Rest of World


Key Takeaways
  • Geographically, Tara Gum Market share is high in North America in 2019, owing to the presence of various manufacturers in the region. 
  • Increasing demand for the Tara gum market in beverages as thickeners, gelling agents, and stabilizers and in cosmetics to produce skincare products are important factors expected to support the growth of the market.
  • The rising focus on research and development coupled with the briskly escalating demand for Tara gum in the worldwide F&B industry is set to increase Tara gum demand.


By Application Type- Segment Analysis
The application type of Tara Gum Market is segmented based on Food & Beverages, Pharmaceuticals, Personal Care, Animal Feeds, and others. Increase in use of Tara Gum in preparation of sauces and condiments, processed fruit and vegetables, and dairy. In addition to F&B applications like liquid milk, frozen desserts, water-based flavored drinks, prepared dishes, mixed foods, and sauces and condiments has made the Food & beverage segment occupy the largest market share and is poised to continue for the forecast period (2020-2025) Pharmaceuticals segment is set to grow the fastest with a CAGR of 2.8% during the forecast period 2020-2025, owing to high demand from pharmaceuticals, industry for the production of various pharmaceuticals supplements is poised to drive the growth of this market over the forecast period 2020-2025. While Consumers becoming more conscious about health, the demand for healthy and all-natural food products is set to help in the growth of the market in the forecast period (2020-2025). 

We also publish more than 100 reports every month in "Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

Comments

Post a Comment

Popular posts from this blog

Printed Tape Market - Forecast(2021 - 2026)

  Printed Tape Market  Overview Printed tape market size is forecast to reach  $38.4 billion by 2026 , after growing at a  CAGR of 5.9% during 2021-2026 . Printed tapes can help in spotlighting company, product or logo and can be also used as an alternative for printed cartons in tapes, owing to the printed tape market is witnessing an increase in demand. These printed tapes are hot melt and have fast adhesive strength of synthetic rubber even in lower temperatures as compared to acrylic adhesive, which is more resistant to aging and UV radiation. However, it also gives free professional design assistance, alignments, and quality checks at every step which makes the seller feel protective towards their product and avoids black-marketing. Growing public interest towards printed tapes for packaging will further enhance the overall market demand for Printed tape during the forecast period. Covid Impact The worldwide spread of the COVID-19 pandemic has disrupted the trad...
Read more

Pet Care Market - Forecast(2021 - 2026)

  Pet Care Market Overview: According to the European Pet Food Industry Federation (FEDIAF), the daily diet requirement for a dog and a cat are 37 and 40 nutrients respectively. [1]  This daily requirement of nutrients is largely fulfilled by canned pet foods which throws light on the essentiality of pet products in modern-day life. Pet care is a lucrative market growing rampantly in U.S. and U.K. owing to growing instances of pet ownership in these regions. The pet care market also includes items for pet grooming, pet accessories, pet shops, pet essentials, pet care clinics, pet care insurance, and many others. As a result of this increase in pet adoption, consumers are now spending colossal amounts of their income on pet care thereby ballooning the demand for pet products. Furthermore, ease of pet training and grooming facilities has considerably boosted the global pet care market which offered opportunities worth $125 billion as of 2018. During the forecast period 2019-2025...
Read more

Occupant Classification System Market - Forecast(2021 - 2026)

Image
  Occupant Classification System Market Overview The global Occupant Classification System Market size is estimated to surpass  $1.1 billion mark by 2026  growing at a projected CAGR of more than  6.2%  during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and  ABS (anti-lock braking)  in the vehicles...
Read more