Global Locust Bean Gum (E-410) Market Growth 2023-2029

Global Locust Bean Gum (E-410) Market Growth 2023-2029

Locust Bean Gum (E-410), also known as carob bean gum, is a hydrocolloid used in food as a thickener, stabilizer and emulsifier. Locust Bean Gum (E-410) is the ground endosperm of the seeds of the carob tree.
LPI (LP Information)' newest research report, the “Locust Bean Gum (E-410) Industry Forecast” looks at past sales and reviews total world Locust Bean Gum (E-410) sales in 2022, providing a comprehensive analysis by region and market sector of projected Locust Bean Gum (E-410) sales for 2023 through 2029. With Locust Bean Gum (E-410) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Locust Bean Gum (E-410) industry.
This Insight Report provides a comprehensive analysis of the global Locust Bean Gum (E-410) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Locust Bean Gum (E-410) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Locust Bean Gum (E-410) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Locust Bean Gum (E-410) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Locust Bean Gum (E-410).
The global Locust Bean Gum (E-410) market size is projected to grow from US$ 257.1 million in 2022 to US$ 209.3 million in 2029; it is expected to grow at a CAGR of 209.3 from 2023 to 2029.
Global key players of locust bean gum (E-410) include DuPont, LBG Sicilia Ingredients, Carob, S.A, INCOM A.Ş, TIC Gums and GA Torres, etc. Top 5 players occupy for a share about 80%. Europe is the largest market, with a share about 60%, followed by Asia-Pacific and North America. In terms of product, food grade is the largest segment, with a share over 95%. In terms of application, dairy & frozen desserts is the largest market, with a share over 45%.
This report presents a comprehensive overview, market shares, and growth opportunities of Locust Bean Gum (E-410) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food Grade
Petfood Grade
Segmentation by application
Bakery
Meat & Seafood
Sauce & Dressing
Dairy & Frozen Desserts
Petfood
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DuPont
LBG Sicilia Ingredients
Carob, S.A
Cargill
INCOM A.Ş
GKM Co.
GA Torres
Polygal AG
Industrial Farense
Carob Ingredient
Key Questions Addressed in this Report
What is the 10-year outlook for the global Locust Bean Gum (E-410) market?
What factors are driving Locust Bean Gum (E-410) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Locust Bean Gum (E-410) market opportunities vary by end market size?
How does Locust Bean Gum (E-410) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.