The Cassia Gum market is flourishing because of its many applications in the food and beverage industry, where it provides natural thickening qualities for better product texture. Clean-label ingredient demand is driving growth; it is predicted to expand at a 6.5% CAGR to $31.4 million by 2032 from US$ 15.7 million in 2022.
The market for Cassia gum is expanding rapidly because of its many uses in the food and beverage sector. It improves the texture and stability of a variety of products as a natural thickening and gelling ingredient. The industry is expanding due to growing consumer demand for natural and clean-label ingredients, and there are intriguing opportunities in store.
At a compound annual growth rate (CAGR) of 6.5%, the value of the global cassia gum market is projected to increase from US$ 15.7 million in 2022 to US$ 31.4 million in 2032.
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The plant whose endosperm is used to create causa gum is Senna obtusifolia, often referred to as Cassia tora or ontusifolia. It is a food ingredient used in baked goods and other food-related products. For food, it serves as a stabiliser, gelling agent, and thickener. It might therefore be applied to emulsification, foam stabilisation, texture enhancement, and moisture retention. All things considered, cassia gum is viewed as a guar gum substitute in the animal feed, medicinal, and textile industries.
The ongoing trend is that of using cassia gum in manufacturing air fresheners due to thickening properties. Besides, in powdered form it is being used increasingly in preparing sandwich ingredients, salads, appetizers, multi-course meals, and likewise.
At the same time, the fact that there is a non-uniformity of standards & guidelines with regards to utilization of cassia gum can’t be ignored. This factor is expected to restrain the cassia gum industry going forward. Also, alterations in climatic conditions like floods or droughts adversely affect cassia gum’s production.
Future Market Insights has etched these findings with insights in its latest market study entitled ‘Cassia Gum Market’. It has its determined team of analysts and consultants to execute using a 360-degree approach in its primary, secondary, and tertiary modes of research.
“With cassia gum in greater demand as a texturizing and moisture retention agent all across, the global cassia gum industry is expected to grow splendidly in the forecast period”, says an analyst from Future Market Insights.
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Key Takeaways from Cassia Gum Market
- North America holds the largest market share due to the US being subject to the highest consumption of cassia gum. This could be credited to growing demand for various processed foodstuff and beverages.
- The Asia-Pacific is expected to grow at the quickest rate in the cassia gum market. India, China, Indonesia, and Japan lead from the front. This could be reasoned with cassia gum being used as stabilizer and thickener in the food and beverages vertical. The basic advantage is that cassia gum comes across as a natural emulsifier and thickener that could be used as a substitute to synthetic ingredients like carrageenan and xanthan gum. China is known for using cassia gum in conventional Chinese medicine. The other application is that of prevention of syneresis (weeping). As an emulsifier, it could prevent coalescing of fat globules. It helps in extending products’ shelf life by exercising control over growth of bacteria and mold.
Competitive Cassia Gum
- The key participants in cassia gum market include Avlast Hydrocolloids, Agro Gums, H.B. Gum Industries Pvt. Ltd., Altrafine Gums, Agro Herb Gums, Premcem Gums Pvt. Ltd., JD Gums and Chemicals, Fooding Group Ltd., Dwarkesh Industries, The Lubrizol Corporation, and Amba Gums & Feeds products.
- The key players are engaging into various modes of organic and inorganic expansion to strengthen their foothold in the cassia gum industry
What does the Report say?
- The research study is based on application (food & beverages, animal food, dog food, cat food, animal feed, dairy and confectionery products, meat products, instant mix, manufacturing vertical, cosmetics, pharmaceuticals, paper vertical, textile vertical, chemical processing, and likewise).
- With cassia gum increasingly being used in novel products like dairy and confectionery products like jellies, chocolates, and cakes, and baby food, the global cassia gum industry is bound to grow on a stupendous note in the forecast period.
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Cassia gum Market by Category
By Application, Cassia gum Market is Segmented as:
- 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, Cassia gum Market is Segmented as:
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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