Global Carob Bean Gum Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Carob bean gum, also known as locust bean gum, is a hydrocolloid used in food as a thickener, stabilizer and emulsifier. Carob bean gum is the ground endosperm of the seeds of the carob tree.The Carob Bean Gum industry can be broken down into several segments, Food Grade, Petfood Grade, etc. Across the world, the major players cover DuPont, LBG Sicilia Ingredients, Carob, S. A., INCOM A. Ş., GA Torres, GKM CO., Industrial Farense, Carob Ingredient, Polygal AG, etc.
According to our (Global Info Research) latest study, the global Carob Bean Gum market size was valued at US$ 505 million in 2023 and is forecast to a readjusted size of USD 417 million by 2030 with a CAGR of -2.7% during review period.
Global key players of carob bean gum include DuPont, LBG Sicilia Ingredients, Carob, S. A., etc. Global top three manufacturers hold a share over 60%. The key players are mainly located in North America, Europe and Mid East & Africa. In terms of product, food grade is the largest segment, with a share over 95%. And in terms of application, the largest application is dairy & frozen desserts, with a share over 47%.
This report is a detailed and comprehensive analysis for global Carob Bean 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 Carob Bean Gum market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030
Global Carob Bean Gum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030
Global Carob Bean Gum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030
Global Carob Bean Gum market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 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 Carob Bean 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 Carob Bean 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 DuPont, LBG Sicilia Ingredients, Carob, S.A, Cargill, INCOM A.Ş, GKM Co., GA Torres, Polygal AG, Industrial Farense, Carob Ingredient, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carob Bean 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
Food Grade Carob Bean Gum
Petfood Grade Carob Bean Gum
Market segment by Application
Bakery
Meat & Seafood
Sauce & Dressing
Dairy & Frozen Desserts
Petfood
Others
Major players covered
DuPont
LBG Sicilia Ingredients
Carob, S.A
Cargill
INCOM A.Ş
GKM Co.
GA Torres
Polygal AG
Industrial Farense
Carob Ingredient
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 Carob Bean Gum product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carob Bean Gum, with price, sales quantity, revenue, and global market share of Carob Bean Gum from 2019 to 2024.
Chapter 3, the Carob Bean Gum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carob Bean 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 Carob Bean 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 Carob Bean Gum.
Chapter 14 and 15, to describe Carob Bean Gum sales channel, distributors, customers, research findings and conclusion.