Global Tamarind Gum Market Growth 2023-2029

Global Tamarind Gum Market Growth 2023-2029

Tamarind gum, also referred to as “tamarind seed polysaccharide” and “tamarind seed gum”, is obtained from the seed of the tamarind tree (Tamarindus indica L), which grows in subtropical and tropical climates. Tamarind gum is comprised mainly of a water soluble galactoxyloglucan polysaccharide that is obtained by extraction from tamarind seed. Galactoxyloglucan is composed of a linear chain of (1→4)-β-d-glucan that is partially substituted with side chains of (1→6)-α-d-xylopyranose and β-d-galactopyranosyl linked with (1→2)-a-d-xylopyranose linked (1→6) to glucose residues. The ratio by weight of the three sugar constituents (glucose, xylose, and galactose) in tamarind gum is approximately 3:2:1 respectively. Tamarind gum is obtained from endosperm of seeds of the tamarind tree, which is a seed gum with potential industrial applications. Tamarind gum is having applications in paper, food, textile industry etc. Recent years it has been more used in pharmaceutical and cosmetic applications.

LPI (LP Information)' newest research report, the “Tamarind Gum Industry Forecast” looks at past sales and reviews total world Tamarind Gum sales in 2022, providing a comprehensive analysis by region and market sector of projected Tamarind Gum sales for 2023 through 2029. With Tamarind Gum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tamarind Gum industry.

This Insight Report provides a comprehensive analysis of the global Tamarind Gum 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 Tamarind Gum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tamarind Gum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tamarind Gum 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 Tamarind Gum.

The global Tamarind Gum market size is projected to grow from US$ 157.2 million in 2022 to US$ 245.2 million in 2029; it is expected to grow at a CAGR of 245.2 from 2023 to 2029.

Global top three tamarind gum manufacturers include Sumitomo Pharma Food & Chemical, Polygal AG, Qingdao Libangda Marine Technology, with a combined market share of about 30%, of which the largest manufacturer is Sumitomo Pharma Food & Chemical, with a market share of about 14%. The global tamarind gum products are mainly produced in Europe, China, Japan and India, they occupied for a share over 58%. Asia-Pacific is the most largest consumer market of tamarind gum in the world, with a market share of 40% approximately.

This report presents a comprehensive overview, market shares, and growth opportunities of Tamarind Gum market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hot Water Soluble
Cold Water Soluble

Segmentation by application
Food
Pharmaceutical
Cosmetics and Personal Care
Industrial Application

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.
Sumitomo Pharma Food & Chemical
Polygal AG
Qingdao Libangda Marine Technology
Premcem Gums
Dabur India Ltd
Mysore Starch Manufacturing Company
Chhaya Industries
Mahesh Agro Food Industries
Altrafine Gums
Shivam Exim
ADEKA
Indian Hydrocolloids
Sarda Bio Polymers
Agri Group
Adachi Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tamarind Gum market?

What factors are driving Tamarind Gum market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tamarind Gum market opportunities vary by end market size?

How does Tamarind Gum 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.