Tara Gum Market: Global Industry Analysis and Forecast (2022-2027) – by Application, and Region.

Tara Gum Market was valued at US$ 22.65 Mn in 2021 and is expected to grow around US$ 26.27 Mn by 2027, at a CAGR of 2.50% during the forecast period. Tara Gum Market To know about the Research Methodology:- Request Free Sample Report The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Tara Gum Market Overview

Tara, also identified as Caesalpinia Spinosa, is a leguminous tree that is generally found in Peru. Tara gum, a natural additive, is obtained by crushing the endosperm of Caesalpinia Spinosa seeds. Tara gum is thus found in powdered form. It is a type of galactomannan that offers economical and functional benefits and has found an extensive range of applications in the food industry as well.

Tara Gum Market Dynamics

The health concerns among consumers about the consumption of appropriate diet to avoid occurrences of diseases are leading to increase the demand for Tara gum that has found usage in the food industry for producing low-calorie food and thus is driving the growth of the global Tara gum market. Tara gums are extensively used in the fat replacement systems and thus attracting food producers. Also, these natural additives are used in cosmetic applications, on account of the increasing use of natural ingredients in cosmetic products. The increasing prices of guar gum are the significant factor accountable for the growth of the market as the latter has been accepted as a worthwhile substitute to guar gum, which is a favorable environment for the growth of the Tara gum market. The adoption of Tara gum in the animal feed industry to encourage the growth of poultry and cattle growth and decrease diseases in animals is an additional factor driving the growth of the Tara gum market. As well, the demand from the pharmaceutical sectors for the production of several pharmaceuticals supplements is a factor that is answerable for the growth of the Tara gum market in the years to come. On the other hand, the lower availability of Tara gum products is expected to make a gap between demand and supply which is hindering the growth of the market. Also, easy availability and preparation of synthetic gums are expected to obstruct the growth of the Tara gum market in the future, thanks to the superior quality of synthetic gums.

Tara Gum Market Segment Analysis

By application, the food industry segment is leading for Tara gum market in recent years, thanks to its several applications in the manufacturing of low-fat and low-calorie foods, containing water-based flavored drinks, liquid milk, frozen dairy desserts, bread and bakery, mixed foods, ready dishes, sauces, and condiments.

Tara Gum Market Regional Analysis

Region-wise, the Asia Pacific is expected to be the fastest-growing market over the coming years. Speedy economic development, the demand for medicines derived from natural ingredients, and the demand for low-fat food products are expected to intensify the demand for Tara gum in the future. Key players of the Tara gum market operating in the cosmetic industry are mainly focusing on the Asia Pacific region to gain market share in these available markets. The market in North America is expected to account for the second-largest revenue share, on account of the demand in food & beverage industries. The market in North America is followed by the market in Europe, Asia Pacific, and Middle East & Africa. The objective of the report is to present a comprehensive analysis of the Global Tara Gum Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Tara Gum Market dynamics, structure by analyzing the market segments and project the Global Tara Gum Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Tara Gum Market make the report investor’s guide.

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Global Tara Gum Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 22.65 Mn.
Forecast Period 2022 to 2027 CAGR: 2.50% Market Size in 2027: US $ 26.27 Mn.
Segments Covered: by Application • Food • Beverages • Animal Feed • Pharmaceuticals • Health & Personal Care • Others
by Attractiveness Analysis • By Application • PEST Analysis • Key Trends • Key Developments

Market, by Application

• Food • Beverages • Animal Feed • Pharmaceuticals • Health & Personal Care • Others

Tara Gum Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Tara Gum Market Key players

• TIG corporation • Argos Peru SA • Molinos Asociados S.A.C. • Gomas y Taninos S.A.C. • Priya International • Innova Export Ltd. • AgriExport SRL • KALYS • Gelymar • Silvateam • Exandal Corp • Ingredients Solutions • UNIPEKTIN INGREDIENTS • Amstel Products • IHC Chempharm • HSH Chemie Frequently Asked Questions: 1. Which region has the largest share in Global Tara Gum Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Tara Gum Market? Ans: The Global Tara Gum Market is growing at a CAGR of 2.9% during forecasting period 2022-2027. 3. What is scope of the Global Tara Gum market report? Ans: Global Tara Gum Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Tara Gum market? Ans: The important key players in the Global Tara Gum Market are – TIG corporation, Argos Peru SA, Molinos Asociados S.A.C., Gomas y Taninos S.A.C., Priya International, Innova Export Ltd., AgriExport SRL, KALYS, Gelymar, Silvateam, Exandal Corp, Ingredients Solutions, UNIPEKTIN INGREDIENTS, Amstel Products, IHC Chempharm, HSH Chemie 5. What is the study period of this market? Ans: The Global Tara Gum Market is studied from 2021 to 2027.
Global Tara Gum Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Tara Gum Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Tara Gum Market Analysis and Forecast 6.1. Tara Gum Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Tara Gum Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Tara Gum Market Value Share Analysis, by Application 7.4. Tara Gum Market Size (US$ Mn) Forecast, by Application 7.5. Tara Gum Market Analysis, by Applicatio7.6. Tara Gum Market Attractiveness Analysis, by Application 8. Global Tara Gum Market Analysis, by Region 8.1. Tara Gum Market Value Share Analysis, by Region 8.2. Tara Gum Market Size (US$ Mn) Forecast, by Region 8.3. Tara Gum Market Attractiveness Analysis, by Region 9. North America Tara Gum Market Analysis 9.1. Key Findings 9.2. North America Tara Gum Market Overview 9.3. North America Tara Gum Market Value Share Analysis, by Application 9.4. North America Tara Gum Market Forecast, by Application 9.4.1. Food 9.4.2. Beverages 9.4.3. Animal Feed 9.4.4. Pharmaceuticals 9.4.5. Health & Personal Care 9.4.6. Others 9.5. North America Tara Gum Market Value Share Analysis, by Country 9.6. North America Tara Gum Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Tara Gum Market Analysis, by Country 9.8. U.S. Tara Gum Market Forecast, by Application 9.8.1. Food 9.8.2. Beverages 9.8.3. Animal Feed 9.8.4. Pharmaceuticals 9.8.5. Health & Personal Care 9.8.6. Others 9.9. Canada Tara Gum Market Forecast, by Application 9.9.1. Food 9.9.2. Beverages 9.9.3. Animal Feed 9.9.4. Pharmaceuticals 9.9.5. Health & Personal Care 9.9.6. Others 9.10. North America Tara Gum Market Attractiveness Analysis 9.10.1. By Application 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Developments 10. Europe Tara Gum Market Analysis 10.1. Key Findings 10.2. Europe Tara Gum Market Overview 10.3. Europe Tara Gum Market Value Share Analysis, by Application 10.4. Europe Tara Gum Market Forecast, by Application 10.4.1. Food 10.4.2. Beverages 10.4.3. Animal Feed 10.4.4. Pharmaceuticals 10.4.5. Health & Personal Care 10.4.6. Others 10.5. Europe Tara Gum Market Value Share Analysis, by Country 10.6. Europe Tara Gum Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Tara Gum Market Analysis, by Country 10.8. Germany Tara Gum Market Forecast, by Application 10.8.1. Food 10.8.2. Beverages 10.8.3. Animal Feed 10.8.4. Pharmaceuticals 10.8.5. Health & Personal Care 10.8.6. Others 10.9. U.K. Tara Gum Market Forecast, by Application 10.9.1. Food 10.9.2. Beverages 10.9.3. Animal Feed 10.9.4. Pharmaceuticals 10.9.5. Health & Personal Care 10.9.6. Others 10.10. France Tara Gum Market Forecast, by Application 10.10.1. Food 10.10.2. Beverages 10.10.3. Animal Feed 10.10.4. Pharmaceuticals 10.10.5. Health & Personal Care 10.10.6. Others 10.11. Italy Tara Gum Market Forecast, by Application 10.11.1. Food 10.11.2. Beverages 10.11.3. Animal Feed 10.11.4. Pharmaceuticals 10.11.5. Health & Personal Care 10.11.6. Others 10.12. Spain Tara Gum Market Forecast, by Application 10.12.1. Food 10.12.2. Beverages 10.12.3. Animal Feed 10.12.4. Pharmaceuticals 10.12.5. Health & Personal Care 10.12.6. Others 10.13. Rest of Europe Tara Gum Market Forecast, by Application 10.13.1. Food 10.13.2. Beverages 10.13.3. Animal Feed 10.13.4. Pharmaceuticals 10.13.5. Health & Personal Care 10.13.6. Others 10.14. Europe Tara Gum Market Attractiveness Analysis 10.14.1. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Asia Pacific Tara Gum Market Analysis 11.1. Key Findings 11.2. Asia Pacific Tara Gum Market Overview 11.3. Asia Pacific Tara Gum Market Value Share Analysis, by Application 11.4. Asia Pacific Tara Gum Market Forecast, by Application 11.4.1. Food 11.4.2. Beverages 11.4.3. Animal Feed 11.4.4. Pharmaceuticals 11.4.5. Health & Personal Care 11.4.6. Others 11.5. Asia Pacific Tara Gum Market Value Share Analysis, by Country 11.6. Asia Pacific Tara Gum Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Tara Gum Market Analysis, by Country 11.8. China Tara Gum Market Forecast, by Application 11.8.1. Food 11.8.2. Beverages 11.8.3. Animal Feed 11.8.4. Pharmaceuticals 11.8.5. Health & Personal Care 11.8.6. Others 11.9. India Tara Gum Market Forecast, by Application 11.9.1. Food 11.9.2. Beverages 11.9.3. Animal Feed 11.9.4. Pharmaceuticals 11.9.5. Health & Personal Care 11.9.6. Others 11.10. Japan Tara Gum Market Forecast, by Application 11.10.1. Food 11.10.2. Beverages 11.10.3. Animal Feed 11.10.4. Pharmaceuticals 11.10.5. Health & Personal Care 11.10.6. Others 11.11. ASEAN Tara Gum Market Forecast, by Application 11.11.1. Food 11.11.2. Beverages 11.11.3. Animal Feed 11.11.4. Pharmaceuticals 11.11.5. Health & Personal Care 11.11.6. Others 11.12. Rest of Asia Pacific Tara Gum Market Forecast, by Application 11.12.1. Food 11.12.2. Beverages 11.12.3. Animal Feed 11.12.4. Pharmaceuticals 11.12.5. Health & Personal Care 11.12.6. Others 11.13. Asia Pacific Tara Gum Market Attractiveness Analysis 11.13.1. By Application 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Developments 12. Middle East & Africa Tara Gum Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Tara Gum Market Overview 12.3. Middle East & Africa Tara Gum Market Value Share Analysis, by Application 12.4. Middle East & Africa Tara Gum Market Forecast, by Application 12.4.1. Food 12.4.2. Beverages 12.4.3. Animal Feed 12.4.4. Pharmaceuticals 12.4.5. Health & Personal Care 12.4.6. Others 12.5. Middle East & Africa Tara Gum Market Value Share Analysis, by Country 12.6. Middle East & Africa Tara Gum Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Tara Gum Market Analysis, by Country 12.8. GCC Tara Gum Market Forecast, by Application 12.8.1. Food 12.8.2. Beverages 12.8.3. Animal Feed 12.8.4. Pharmaceuticals 12.8.5. Health & Personal Care 12.8.6. Others 12.9. South Africa Tara Gum Market Forecast, by Application 12.9.1. Food 12.9.2. Beverages 12.9.3. Animal Feed 12.9.4. Pharmaceuticals 12.9.5. Health & Personal Care 12.9.6. Others 12.10. Rest of Middle East & Africa Tara Gum Market Forecast, by Application 12.10.1. Food 12.10.2. Beverages 12.10.3. Animal Feed 12.10.4. Pharmaceuticals 12.10.5. Health & Personal Care 12.10.6. Others 12.11. Middle East & Africa Tara Gum Market Attractiveness Analysis 12.11.1. By Application 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America Tara Gum Market Analysis 13.1. Key Findings 13.2. South America Tara Gum Market Overview 13.3. South America Tara Gum Market Value Share Analysis, by Application 13.4. South America Tara Gum Market Forecast, by Application 13.4.1. Food 13.4.2. Beverages 13.4.3. Animal Feed 13.4.4. Pharmaceuticals 13.4.5. Health & Personal Care 13.4.6. Others 13.5. South America Tara Gum Market Value Share Analysis, by Country 13.6. South America Tara Gum Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Tara Gum Market Analysis, by Country 13.8. Brazil Tara Gum Market Forecast, by Application 13.8.1. Food 13.8.2. Beverages 13.8.3. Animal Feed 13.8.4. Pharmaceuticals 13.8.5. Health & Personal Care 13.8.6. Others 13.9. Mexico Tara Gum Market Forecast, by Application 13.9.1. Food 13.9.2. Beverages 13.9.3. Animal Feed 13.9.4. Pharmaceuticals 13.9.5. Health & Personal Care 13.9.6. Others 13.10. Rest of South America Tara Gum Market Forecast, by Application 13.10.1. Food 13.10.2. Beverages 13.10.3. Animal Feed 13.10.4. Pharmaceuticals 13.10.5. Health & Personal Care 13.10.6. Others 13.11. South America Tara Gum Market Attractiveness Analysis 13.11.1. By Application 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Applications 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. TIG corporation 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Development Footprint 14.3.2. Argos Peru SA 14.3.3. Molinos Asociados S.A.C 14.3.4. Gomas y Taninos S.A.C. 14.3.5. Priya International 14.3.6. Innova Export Ltd. 14.3.7. AgriExport SRL 14.3.8. KALYS. 15. Primary Key Insights

About This Report

Report ID 67160
Category Food & Beverages
Published Date July 2020
Updated Date April 2022
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